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Warner bros movie world stroks9/8/2023 Discovery may "finally be able to read some good news on its studio franchise." He said the positive update could help considering uncertainties around timelines of other major films including the latest "Dune" and "Aquaman" installments due to the Hollywood strikes. Discovery, Comcast and Paramount in 2023 Wolfe Research managing director Peter Supino said Warner Bros. Paramount shares were flat Monday and have underperformed the market in 2023 with a year-to-date loss of nearly 8%. Universal parent Comcast gained more than 1% to begin the week. Discovery shares slipped more than 1% Monday, but have advanced 34% since the start of 2023. A 'much-needed win' It's an important time for legacy entertainment companies as they attempt to rebound from 2022's bear market while navigating the transition to streaming and the dual Hollywood strikes. "This weekend was a watershed event, as moviegoers embraced fresh ideas, rather than the steady stream of franchise films that have dominated the release calendar," said Rosenblatt analyst Steve Frankel in a Sunday note to clients. ![]() ![]() Some of them went so far as to dress in pink or black - or a combination of both - to match each film's aesthetic. The two movies, whose shared release date inspired the term "Barbenheimer" and a social media frenzy, brought droves of customers to theaters across the country. The films garnered $235.5 million in ticket sales, according to Sunday estimates from the two studios. ![]() Discovery's "Barbie" and Universal 's "Oppenheimer" has caught the attention of Wall Street. The opening weekend success of Warner Bros. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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