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The summer box office sizzled, but brace for a cooldown until November

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The summer box office sizzled, but brace for a cooldown until November


Movie stills from Disney’s “Lilo & Stitch” and “Fantastic Four” and Warner Bros. Discovery’s “Superman.”

Courtesy: Disney | 20th Century Studios | Marvel Studios | Warner Bros. Discovery

Superheroes, dinosaurs and a genetically altered alien dog helped propel the summer box office haul above 2024 levels, but that momentum is about to stall.

Heading into the final stretch of the summer season — which started the first weekend in May and wraps up on Labor Day — the domestic box office is expected to reach at least $3.75 billion, according to data from Comscore. That’s about a 2% uptick from the previous summer.

Hollywood had hoped the 2025 summer would be a return to form for the box office, reaching the $4 billion mark, which had become the standard prior to the pandemic. Ticket sales reached that figure in 2023, thanks to the powerhouse team up of Warner Bros.’ “Barbie” and Universal‘s “Oppenheimer.” However, the the past two summers have borne the brunt of production shutdowns caused by the dual writers and actors strikes two years ago.

Last summer, Disney and Pixar’s “Inside Out 2” and Marvel’s “Deadpool & Wolverine” helped buoy the May-to-August season to $3.67 billion, much higher than box office analysts had predicted earlier in the year.

Summer box office tallies

  • 2024 — $3.7 billion
  • 2023 — $4 billion
  • 2022 — $3.4 billion
  • 2021 — $1.7 billion
  • 2020 — $176.2 million
  • 2019 — $4.3 billion
  • 2018 — $4.4 billion
  • 2017 — $3.8 billion
  • 2016 — $4.4 billion
  • 2015 — $4.4 billion
  • 2014 — $4 billion
  • 2013 — $4.7 billion*
  • 2012 — $4.2 billion

* Record summer box office revenue

Source: Comscore

Hollywood had hoped that the combination of major franchise titles — a new entry from the “Jurassic World” series alongside reboots of Superman and the Fantastic Four — would be enough to fuel the 2025 summer stretch to the $4 billion mark. Yet, none of those films generated more than $350 million domestically.

In fact, the highest-grossing film of the summer has been Disney’s live-action remake of “Lilo & Stitch,” which has tallied $421 million domestically as of Sunday. The second-highest is “Superman,” which stands at $340 million.

In previous summers, top films like “Inside Out 2,” “Barbie” and “Top: Gun Maverick” each brought in at least $600 million in ticket sales.

“What started with a historic Memorial Day weekend gave way to a mix of underperformers and crowd-pleasing hits,” said Shawn Robbins, director of analytics at Fandango and founder of Box Office Theory. “The back half of the season rebounded with several blockbusters and sleeper hits, but we continue to see audiences are highly selective when a barrage of franchise movies is out there despite many of those films generating positive reviews. Some connect in a big way, while others simply don’t catch on.”

Still, movie theater operators reported solid audience numbers and ticket sales during the second quarter, which included May and June box office figures.

“As to the strengthening industrywide box office, we firmly believe that this was not a short-lived spike, but rather, the beginning of a sustained and powerful resurgence for our entire industry,” Adam Aron, CEO of AMC, said during an earnings call last week.

Similarly, Cinemark CEO Sean Gamble noted during the company’s earnings call earlier this month that the April release of “A Minecraft Movie,” which ran well into the summer months, alongside “a steady stream of highly compelling new releases week after week, ignited a surge of summer moviegoing momentum.”

But he also warned that, as is typical in the theatrical business, August and September at the box office tend to “de-throttle a little bit.”

That is certainly the case this year, as well, but it is likely to extend well into October as well. While “Tron: Ares” and “Mortal Kombat II” are expected to draw in audiences during that month, box office analysts don’t expect a major breakout hit until late November.

“The post-summer corridor is looking a bit bereft of standout blockbusters,” said Paul Dergarabedian, senior media analyst at Comscore. “We’ll have to rely on the cumulative success of some low to mid-range performers along with what looks to be a really nice selection of awards caliber and indie films. That said, we may want to brace ourselves for a few fallow weeks at the box office.”

AMC’s Aron noted that the upcoming third-quarter box office will be “so-so given some seasonal, but not alarming softness,” but told investors to “hold onto your hats for the size of the box office in the fourth quarter.”

The turning point is expected to come Nov. 21 with the release of Universal’s “Wicked: For Good.” The highly anticipated sequel to last year’s hit “Wicked” is expected to open to over $100 million and steadily collect ticket sales through the rest of the year at the box office.

“Zootopia 2” arrives for the Thanksgiving holiday and is also expected to exceed $100 million during its opening frame.

“Avatar: Fire and Ash” will cap off the year and is expected to bolster the box office during the first few weeks of 2026.

“The final months of the year have potential to be nothing short of stellar,” Robbins said.

Disclosure: Comcast is the parent company of NBCUniversal, Fandango and CNBC.



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OGRA Announces LPG Price Increase for December – SUCH TV

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OGRA Announces LPG Price Increase for December – SUCH TV



The Oil and Gas Regulatory Authority (OGRA) has approved a fresh increase in the price of liquefied petroleum gas (LPG), raising the cost for both domestic consumers and commercial users.

According to the notification issued, the LPG price has been increased by Rs7.39 per kilogram, setting the new rate at Rs209 per kg for December. As a result, the price of a domestic LPG cylinder has risen by Rs87.21, bringing the new price to Rs2,466.10.

In November, the price of LPG stood at Rs201 per kg, while the domestic cylinder was priced at Rs2,378.89.

The latest price hike is expected to put additional pressure on households already grappling with rising living costs nationwide.



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Private sector data: Over 2 lakh private companies closed in 5 years; govt flags monitoring for suspicious cases – The Times of India

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Private sector data: Over 2 lakh private companies closed in 5 years; govt flags monitoring for suspicious cases – The Times of India


Representative image (AI-generated)

NEW DELHI: The government on Monday said that over the past five years, more than two lakh private companies have been closed in India.According to data provided by Minister of State for Corporate Affairs Harsh Malhotra in a written reply to the Lok Sabha, a total of 2,04,268 private companies were shut down between 2020-21 and 2024-25 due to amalgamation, conversion, dissolution or being struck off from official records under the Companies Act, 2013.Regarding the rehabilitation of employees from these closed companies, the minister said there is currently no proposal before the government, as reported by PTI. In the same period, 1,85,350 companies were officially removed from government records, including 8,648 entities struck off till July 16 this fiscal year. Companies can be removed from records if they are inactive for long periods or voluntarily after fulfilling regulatory requirements.On queries about shell companies and their potential use in money laundering, Malhotra highlighted that the term “shell company” is not defined under the Companies Act, 2013. However, he added that whenever suspicious instances are reported, they are shared with other government agencies such as the Enforcement Directorate and the Income Tax Department for monitoring.A major push to remove inactive companies took place in 2022-23, when 82,125 companies were struck off during a strike-off drive by the corporate affairs ministry.The minister also highlighted the government’s broader policy to simplify and rationalize the tax system. “It is the stated policy of the government to gradually phase out exemptions and deductions while rationalising tax rates to create a simple, transparent, and equitable tax regime,” he said. He added that several reforms have been undertaken to promote investment and ease of doing business, including substantial reductions in corporate tax rates for existing and new domestic companies.





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Pakistan’s Textile Exports Reach Historic High in FY2025-26 – SUCH TV

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Pakistan’s Textile Exports Reach Historic High in FY2025-26 – SUCH TV



Pakistan’s textile exports surged to $6.4 billion during the first four months of the 2025-26 fiscal year, marking the highest trade volume for the sector in this period.

According to the Pakistan Bureau of Statistics (PBS), value-added textile sectors were key contributors to the growth.

Knitwear exports reached $1.9 billion, while ready-made garments contributed $1.4 billion.

Significant increases were observed across several commodities: cotton yarn exports rose 7.74% to $238.9 million, and raw cotton exports jumped 100%, reaching $2.6 million from zero exports the previous year.

Other notable gains included tents, canvas, and tarpaulins, up 32.34% to $53.48 million, while ready-made garments increased 5.11% to $1.43 billion.

Exports of made-up textile articles, excluding towels and bedwear, rose 4.17%, totaling $274.75 million.

The report also mentioned that the growth in textile exports is a result of improved global demand and stability in the value of the Pakistani rupee.



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