Bo Report: Unhappy start to the holiday season for cinemas

Aquaman’ (Photo: Warner Bros.)

Australian exhibitors and distributors did not have a lot to celebrate over Christmas/New Year, as ticket sales lagged well behind the previous year – but the forecast for the rest of January is upbeat.

Warner BrosAquaman is the stand-out thus far while How to Train Your Dragon: The Hidden World, Universal’s first release from DreamWorks Animation, began brilliantly on January 3. Disney’s Ralph Breaks the Internet and Mary Poppins Returns are generating tidy sums.

But none of the new releases looks capable of matching the 2017-2018 blockbusters, Disney’s Star Wars: The Last Jedi, which finished with $58.1 million, and Sony’s Jumanji: Welcome to the Jungle, which made $48.8 million. Paramount’s Bumblebee, an under-achiever in the Us, is tracking a bit better here, as is Sony’s Holmes & Watson.

Among the upscale titles, Fox’s The Favourite, eOne’s Vice and Palace’s Cold War are drawing sizable audiences.
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