Theaters Won't Make as Much From "Star Wars: The Last Jedi"

Theaters Won't Make as Much From "Star Wars: The Last Jedi"

Many fans all over the world are extremely excited about the upcoming Star Wars: The Last Jedi, starring Mark Hamill in his return to the role of Luke Skywalker.

But perhaps no one is as excited as shareholders of movie theater stocks. The entire sector has been sold off this year on the back of a weak overall box office results (sales are down 5% this year versus last year), as well as concerns about streaming television cutting into theater traffic permanently.

Continue reading

Source: Fool.com