Hollywood just got served by Middle America. Just got verbally abused by the silent majority. Just got a wakeup call much bigger and more severe than what the NFL got.
For if American’s can agree on one thing is we all work too much. We all work too hard for too little money.
And when we want to unwind and spend money on entertainment that last thing we want to hear is real world problems like politics.
But there goes Hollywood ignoring the people, preaching to the liberal choir, making themselves feel important, and literally killing the golden goose.
According to Market Watch, after relentlessly bashing Trump all summer the box office numbers for the critical summer season and in.
And they are bad. Beyond bad actually, they are terrifying.
Hollywood is getting crushed, and like Kathy Griffin, is having to go overseas to recoup their investments and most aren’t even doing that.
Summer duds like “Pirates of the Caribbean: Dead Men Tell No Tales,” “Baywatch” and “Snatched” got crushed domestically and barely got by overseas.
Tom Cruise, one if the most bankable stars working, had a new movie out called “American Made,” and it failed miserably.
Blade Runner 2049” was supposed to be a hit. It missed, costing the studio untold millions.
CNN Money has an even more shocking report.
The AMC (AMC) theater chain saw its stock sink more than 25% in August citing slow ticket sales.
Regal Entertainment (RGC) reported to Wall Street that it would miss earnings and saw a huge drop in share price. Imax (IMAX) announced it was cutting almost 15% of its employees.
Ouch. Share this if you agree that Hollywood better clean up its act before it gets in too deep.