Image: Disney
Tom Cruise may be able to battle an all-knowing, all-powerful AI—but he can’t seem to out-maneuver a little blue alien and his ‘ohana.
With ~$183 million in box-office receipts across the US and Canada this past four-day weekend, Disney’s Lilo & Stitch outpaced Mission: Impossible — The Final Reckoning’s ~$77.5 million to lead a record-setting Memorial Day box office.
Overall, box office sales in the US and Canada totaled a record $326.7 million over the four-day weekend, a 221% jump from last year when Furiosa and Garfield were gracing theater marquees.
Is the box office back? Receipts for Jan. 1-May 26 stand at $3.3 billion, up 22% over the same period a year ago—though this also coincides with a 25% increase in the number of movies given a wide release.
Looking ahead…Comscore estimates the summer box office will generate ~$4.2 billion, 14% higher than last year but still below 2019’s ~$4.3 billion haul.
🚢 Cruise companies are pulling a reverse Paul Revere—$1 if by sea, $2 if by land. In an effort to drum up revenue, these businesses with ships the size of countries are increasingly focusing their efforts on land-based ventures located on private islands that they’ve purchased.
🎭 Live plays from Broadway are increasingly becoming a new target for TV networks and streamers, as the companies work to tap into cultural relevance and reach new audiences.
Elmo, Big Bird, & co. are moving to a new home—just down the street of streamer-shortcut buttons on your remote. Netflix yesterday signed an agreement that’ll see new episodes of Sesame Street hosted by the streamer.
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