Movies, TV, and NY Comic-Con
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 9 October 2017
⏱️ 20 minutes
🧾️ Download transcript
Summary
A disappointing opening weekend for “Blade Runner 2049” sends movie theater stocks down. Jason Moser analyzes the increasingly tough economics for movie theaters. Plus, we dig into broadcast TV advertising and wonder how much longer big brands will pay up for a shrinking audience. Dan Boyd reports back from his trip to NY Comic-Con and highlights the big presence of streaming services and the best costume on display.
Transcript
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| 0:00.0 | Support for market foolery comes from my friends at Rocket Mortgage by Quicken Loans. |
| 0:03.3 | Home plays a big role in your life. |
| 0:04.8 | That's why Quicken Loans created Rocket Mortgage. |
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| 0:16.5 | It's Monday, October 9th. |
| 0:20.8 | Welcome to market foolery. |
| 0:22.3 | I'm Chris Hill joining me in studio today for a million dollar portfolio, Jason Moser. |
| 0:26.0 | Thanks for being here. |
| 0:27.0 | Hey man. The banks are closed, not us. |
| 0:30.0 | That was a pretty good tweet. I like it. We're not close. That was good. We're here. We're here. We're here. And we're going to be talking. |
| 0:38.0 | I think the media and entertainment industries are very much on display in today's episode and our man behind the |
| 0:46.0 | glass Dan Boyd did some on-the-ground research up in New York City over the weekend at Comic-Con. I was surprised by the attendance. Dan wasn't, I was a |
| 0:55.6 | little surprised. We'll get to that. We got to start with the weekend box office and |
| 1:00.8 | if you're a shareholder of movie theater stocks, you have our condolences because they're all down today because |
| 1:09.6 | Blade Runner 2049, a movie with as much buzz around it as almost any movie in 2017 not named |
| 1:17.9 | The Last Jedi. |
| 1:20.3 | Pretty disappointing in terms, considering it won the weekend 31 million dollars domestically. |
| 1:26.1 | They were aiming for north of 50 million domestically. |
| 1:30.4 | And right now movie theaters are on track for a pretty mediocre to bad year. |
| 1:39.8 | And it's not to say they can't pull out of it at the end here with some of the big releases coming, |
... |
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