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Stock impact report

Hollywood hopes for a rebound with a slew of summer blockbusters — including 'Solo: A Star Wars Story' [Los Angeles Times (CA)]

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Hollywood hopes for a rebound with a slew of summer blockbusters — including 'Solo: A Star Wars Story' A year after one of the worst summer box-office seasons in recent memory, the movie business is pitching its comeback script. Studios and cinemas are expected to collect $4.3 billion to $4.4 billion in receipts during the key May-through-Labor Day period, thanks to such solid titles as this weekend's highly anticipated new release, Disney and Lucasfilm's "Solo: A Star Wars Story." Shortly after the Millennium Falcon's jump to hyperspace are Pixar's "Incredibles 2" and Universal Pictures' "Jurassic World: Fallen Kingdom." Analysts predict the summer box-office total will climb as much as 15% from last year, when revenue dropped to its lowest level in more than a decade. That slump reflected a string of pricey flops — many of them based on aging franchises — magnified by increasing competition from streaming services and prestigious TV shows. As is the case every year, Hollywood is rel Show less Read more
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