Theaters Won't Make as Much From "Star Wars: The Last Jedi" [The Motley Fool]
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Source: The Motley Fool
The House of Mouse plays hardball with theater. Many fans all over the world are extremely excited about the upcoming Star Wars: The Last Jedi , starring Mark Hamill in his return to the role of Luke Skywalker. But perhaps no one is as excited as shareholders of movie theater stocks. The entire sector has been sold off this year on the back of a weak overall box office results (sales are down 5% this year versus last year), as well as concerns about streaming television cutting into theater traffic permanently. AMC Year to Date Price Returns (Daily) data by YCharts However, Star Wars owner Disney ( NYSE:DIS ) reportedly just became the Ebenezer Scrooge in the exhibitors' holiday season, insisting on tough terms for its revenue-share agreement for The Last Jedi . The terms According to the The Wall Street Journal [subscription required], Disney is insisting on 65% of box office proceeds for The Last Jedi . On top of this, the company is also
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