4 Hollywood Franchises That Suffered Major Setbacks in 2017
It's been a bit of a rough year at the movies, and while franchise entries like Wonder Woman, Guardians of the Galaxy Vol. 2, and Despicable Me 3 proved to be big hits, 2017 has seen a surprising number of disappointments for big film series as well.
A big-budget film typically has to deliver ticket sales somewhere in the neighborhood of two-and-a-half times its production costs in order to break even at the box office, and it's rare that a company will move a sequel into production without the expectation that it can make more than the preceding entry in the franchise. With that in mind, read on to learn more about the four titles from companies, including Walt Disney (NYSE: DIS), Viacom (NASDAQ: VIA)(NASDAQ: VIAB), and Twenty-First Century Fox (NASDAQ: FOX)(NASDAQ: FOXA) that could be in trouble following their most recent entries.
Image source: Walt Disney.
Source: Fool.com
Walt Disney Co. Stock
The stock is an absolute favorite of our community with 47 Buy predictions and no Sell predictions.
As a result the target price of 118 € shows a positive potential of 42.43% compared to the current price of 82.85 € for Walt Disney Co..
