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MovieFutures: What Is Theatrical Now? The Walls Are Closing In

Most Wall Street analysts believe that theater revenue in 2022 will drop below pre-pandemic levels, with trickle-down impacts across the entire movie industry.

The Last Duel
Courtesy of 20th Century Studios
Matthew Belloni
October 22, 2021

It’s been a rough few weeks for Emma Watts. First, the veteran film executive was swiftly bounced from Paramount, just days after Brian Robbins took over for Jim Gianopulos as studio chairman. Then, this past weekend, The Last Duel, a $100 million medieval drama that Watts put together and championed when she ran production at Fox, laid an egg the size of Matt Damon’s head when it finally hit theaters. A $4.8 million domestic debut? No, the flop of the year is not a great talking point as she is taking meetings for her next job.