real-time news and commentary for investors
Wednesday, Aug 14
Universal continues its solid year at the box office
- Comcast (CMCSA) property Universal Pictures International has already passed its global box office mark of last year with a string of hits that have performed well in new markets.
- A major benefit in the age of streaming video is that rousing success at the box office can dramatically improve post first-run revenue for studios.
- Universal still has 14 films to be released this year to add to its $1.8B haul.