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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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Tom Cruise Warner Bros Crystal Skull USA Canada Indiana county Harrison county Ford Disney Paramount Box Office 6/26/23 Tom Cruise Warner Bros Crystal Skull USA Canada Indiana county Harrison county Ford Disney

Only Tom Cruise can save Hollywood from a summer of box office bombs

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nypost.com

$2.3 billion “Avatar: The Way of Water” raked in last Christmas — movie theaters are back to being an armory of high-profile bombs.

This weekend, wobbly Warner Bros.’ “The Flash” dropped a staggering 73% in its second week to a worldwide total of just $210 million.

A more-than-50% decline for an expensive DC Comics superhero film spells trouble.Consider that fellow Justice League member “Aquaman” made $229 million by his second weekend in the US and Canada alone.Pixar’s uninspired “Elemental,” released June 16 and so far having grossed $121 million, will wind up as one of the Disney-owned animation studio’s biggest failures ever.

In contrast, five years ago this month, “The Incredibles 2” grossed $1.2 billion.Disney’s live-action “The Little Mermaid” has made a $500 million trickle, which is less than half of 2017’s remake of “The Lion King.” And “Indiana Jones and the Dial of Destiny,” starring 80-year-old Harrison Ford, is projected to open this weekend to just $60 million domestically — $40 million less than 2008’s “Kingdom of the Crystal Skull.”  The movie industry is trapped in an existential “Temple of Doom.” Disney execs staring at these numbers probably look like the guy in “Raiders of the Lost Ark” when his face melts off.The only bright spot so far this summer has been Sony’s animated “Spider-Man: Across the Spider-Verse” with $560 million worldwide.Only one man can save struggling movie theater chains.

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