Read more: Hollywood’s Impact on California Economy: A Significant Strike Analyst David Karnovsky pointed out that the strike has already disrupted production for several movies scheduled for release in the second half of next year. recently downgraded its recommendation on Cinemark Holdings Inc., citing the actors’ walkout as a factor that limits visibility into the film supply. The strike has cast a cloud of uncertainty over the industry’s outlook, leading some on Wall Street to doubt the potential impact of these films on stock performance. due to the strike by Hollywood writers and actors.– The strike is causing production halts for several movies scheduled for the second half of next year.– The strike is clouding the outlook for the industry and limiting visibility into the film supply.Īs seen in the coverage by a recent article on Bloomberg, the highly anticipated premieres of Barbie and Oppenheimer may not be enough to drive further gains in movie-theater stocks due to an ongoing strike by Hollywood writers and actors. ![]() ![]() downgraded its recommendation on Cinemark Holdings Inc. – Buzz is growing for the premieres of Barbie and Oppenheimer.– Some on Wall Street are skeptical that these films will lead to further gains in movie-theater stocks.– JPMorgan Chase & Co.
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