Monday, June 27, 2005

Box office in huge slump

Even the recent release of "Batman Begins" couldn't bring the U.S. box office out of it's biggest slump since 1985 when revenue declined for 17 weeks. This past weekend marked the 18th straight week there has been a decline. If the slump continues, Hollywood is on course for a third straight year of declining admissions and its lowest ticket sales since the mid-1990s. Who'd a thunk that blockbusters such as "Herbie Fully Loaded" and "Bewitched" wouldn't reach astronomical sales? The only hope is that "War of the World", which opens this week, reaches the $180 million mark that "Spiderman 2" reached in it's first six days this time last year. With Spielberg and Tom Cruise one can only hope for pure gold, but as history tells us, it could be pure crap. Brace yourselves for week 19 America. Courtesy of Yahoo.

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