Are sinking box office numbers an opportunity to seize the moment with faith based entertainment? - a podcast by American Pastors Network

from 2018-03-06T10:00

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As Hollywood wrapped up the all-important summer box-office season last Labor Day weekend, a sobering reality has gripped the industry. The number of tickets sold in the United States and Canada last summer fell to the lowest level in a quarter-century. The results put the squeeze on the nation's top theater chains, whose stocks also took a drubbing. AMC Theatres Chief Executive Adam Aron called it"simply a bust."Such blunt language reflects some worrisome trends. Domestic box-office revenue wound up totaling $3.78 billion for the first weekend of May through Labor Day — a key period that generates about 40% of domestic ticket sales — down nearly 16% from the same period in 2016. That's an even worse decline than the 10% drop some studio executives predicted before the summer of 2017 began. With these sinking box office numbers is there an opportunity to seize this moment with the gospel by producing more faith based and family value entertainment?

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