Box Office Smash
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The first big movie weekend of the summer was a big hit. I’m Brian Banmiller on Business.
For months the movie industry has been hoping for a win. With theaters closed and viewers turning to streaming services it wasn’t clear if audiences would make a comeback, until they did. Heading into Memorial Day weekend experts were hoping for thirty million dollars for the thriller “A Quiet Place Two.” but when the numbers came in, they totaled more than seventy-nine million dollars. The best opening weekend since early March of 2020. “A Quiet Place Two” is the first movie in some time to be released exclusively in theaters first, and people headed back in big numbers, due in part to restrictions being lifted and a strong vaccination rate. Experts say this is a huge win for the theater industry who has never weathered a storm quite like this year long shutdown. Another big release was Cruella, although it was also available to stream on Disney plus for thirty dollars. And with many theaters still not at max capacity this may just be a hopeful sign for future releases. Brian Banmiller, CBS News.
CBS News Radio national business journalist Brian Banmiller has spent more than 40 years in the news industry, covering business, politics and the economy on television, radio and in print. Currently, his “Banmiller on Business” reports are delivered to an audience of millions nationwide.
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