It's a troubling start to the year for Warner Bros. (TWX) as the movie studio has seen five...
It's a troubling start to the year for Warner Bros. (TWX) as the movie studio has seen five straight movies underperform at the theater. The latest is Jack the Giant Slayer which has stumbled to $55M in box office receipts in the U.S. after running up $195M in production costs. What to watch: With a new movie studio chief fresh on the job, Time Warner may stand pat for a while. Instead, a shift in strategy could occur with movies focused on young males disappointing at the box office.
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