Summer Has Been a Box Office Feast for Movie Exhibitors – But a Famine Is Coming

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Ongoing production delays caused by the pandemic will lead to a drought of tentpole films until late October

(Getty Images)

IMAX and other top movie theater chains will release their second-quarter earnings reports next week, and they’re expected to take a victory lap over the best business they’ve seen since the pandemic shutdown. But that windfall is set to end abruptly – more or less immediately, in fact – with no tentpole films on the release schedule for the next three months.

While it’s possible that some late summer and early fall titles will turn a profit for their studios, they are unlikely to deliver the repeated $100 million-plus openings and $300 million-plus domestic runs that theaters have enjoyed this summer.

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