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Stock impact report

'Dune' sequel set to spice up sleepy box office [Seeking Alpha]

AMC Entertainment Holdings, Inc. Class A (AMC) 
NASDAQ:AMEX Investor Relations: investor.amctheatres.com
Company Research Source: Seeking Alpha
The Warner Bros. ( WBD ) sequel to the 2021 novel adaptation Dune: Part One is likely to inject some life into a moribund box office even if it doesn't reach Barbie's high-heel heights. The film, again starring a prominent cast led by Timothée Chalamet and Zendaya, drew $12M in Thursday previews. That's more than twice as good as previews for the first movie, which was dampened by a COVID-19 pandemic decision to release it simultaneously to HBO Max. Dune: Part One opened to $41M en route to a total domestic haul of $109M and a worldwide total of $433.8M. Now Warner Bros. ( WBD ) is staying conservative with its estimates, tabbing the new sequel to a $65M domestic opening and $75M internationally. The film looks to be tracking higher, though -- to a domestic opening between $70M and $80M, and some are estimating even up to $90M-$100M, which would put it in the territory of best opening since October's Taylor Swift: The Eras Tour ($93M) or since Barbie opened to $162M in July. Of Show less Read more
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