{"id":139563,"date":"2022-11-26T04:05:01","date_gmt":"2022-11-26T04:05:01","guid":{"rendered":"https:\/\/harchi90.com\/knives-out-sequel-hits-theaters-as-thanksgiving-box-office-forecasts-wane\/"},"modified":"2022-11-26T04:05:01","modified_gmt":"2022-11-26T04:05:01","slug":"knives-out-sequel-hits-theaters-as-thanksgiving-box-office-forecasts-wane","status":"publish","type":"post","link":"https:\/\/harchi90.com\/knives-out-sequel-hits-theaters-as-thanksgiving-box-office-forecasts-wane\/","title":{"rendered":"‘Knives Out’ sequel hits theaters as Thanksgiving box office forecasts wane"},"content":{"rendered":"
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Yahoo Finance entertainment reporter Allie Canal details the latest film releases, concerns on Thanksgiving box office results heading into the Christmas season, and early predictions for James Cameron’s “Avatar: The Way of Water” opening weekend returns.<\/p>\n

Video Transcript<\/h3>\n

–<\/span> Thanksgiving weekend is usually a big moneymaker for movie theaters, but with few major titles available, what can we expect? Yahoo Finance’s Alexandra Canal is here with the outlook so far. So, Ali, how is it looking.<\/p>\n

ALEXANDRA CANAL:<\/span> Hi, Rachel. You’re right. You know, the content, it isn’t really there like it’s been in years past, but we do have some new titles out over this weekend that could surprise at the box office. If we take a look at the theatrical exclusives this weekend, we have a lot of Disney with the animated movie “Strange World.” We should also see continued success from “Wakanda Forever,” but probably one of the most anticipated is that sequel to “Knives Out.”<\/p>\n

Now this movie will only be available in select markets for one week before it moves over to Netflix at the end of December, but I spoke with Sean Robbins. He’s the chief analyst at Boxoffice Pro, and he told me that the level of success here could really make this a watershed moment when it comes to the relationship between streaming platforms and exhibitors as this is probably the most talked about, the buzziest streaming title to open exclusively in cinemas. And it’s just this vote of confidence when it comes to the theatrical experience, when it comes to the ability for the box office to really turn a profit for these types of films.<\/p>\n

We did get the news earlier this week that Amazon will reportedly be investing $1 billion to produce 12 to 15 movies a year exclusively for theaters, and that report sent shares of movie theater chains like AMC and Cinemark higher. So I think there’s still a lot more to come when we think about this relationship. We’ve come a long way from 2020 and 2021, but Netflix, of course, has largely been resistant. So we’ll see if “Glass Onion” can change that type of strategy.<\/p>\n