of $162 million and $82.4 million, respectively, according to estimates from box-office data provider Comscore.
Although the flicks were smash hits, some industry pundits are worried their success won't translate to a silver screen renaissance following the lost years during the pandemic.Both movies benefited from the so-called"Barbenheimer" trend that went viral on social media, in addition to can't-miss marketing campaigns and fan support, said Alicia Reese, an equity research analyst covering the media and entertainment industry at Wedbush Securities, in an interview with Insider.
Four industry veterans Insider spoke with unanimously agreed that unless the strikes are resolved soon, the movie industry's much-needed revival will fizzle out. Many actors and writers can lean on regular residual payments from shows or movies they've already made, but the longer the strike goes the emptier their pockets get. And while media firms may not feel the squeeze yet as they work their way through sizable backlogs of content, they'll suffer if strikes last for months.