The Economics Behind This Summer's Box Office Flops
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Moviegoers purchase automated tickets at an AMC movie theater in Arcadia, Calif., on Aug. 2, 2017.
AMC Entertainment Holdings, the world's largest movie theater owner, announced a "shocking" expectation for secod-quarter losses, with stocks diving by 25 percent amid a weak box office. (Frederic J. Brown/AFP/Getty Images)
The 2017 summer box office numbers are in, and the season was the worst in a decade.
There's an underlying economic reason for the weakness of the box office this summer. Here & Now's Jeremy Hobson learns more from Derek Thompson(@DKThomp) of The Atlantic.
