Wonder Woman, the latest superhero film that showcases Gal Gadot as the Amazon princess out to stop the plans of the evil Nazis, just might reverse the luck of Time Warner’s studio and make its stock soar in the next few years.
The critical acclaim and huge box-office returns during the opening weekend, which shows no sign of stopping, might finally allow the studio to establish a strong beachhead in what is now called the superhero blockbuster. Time Warner and its partner DC Entertainment have been considered also-rans at worst and catch-ups at best with rival Marvel Studios which have parlayed its successful series of Avengers films into a non-stop moneymaking universe. DC’s attempt to cash in on this trend has been weak, especially with the lackluster greeting given its recent supposed cinematic contenders Man of Steel, Batman vs. Superman: the Dawn of Justice, and Suicide Squad.
Barron’s says that Wonder Woman just might shoot Time Warner and DC Entertainment alike into the stratosphere. The first weekend took in $223 million, which makes it the third-highest profitable DC superhero movie of all time, according to Reuters. The Patty-Jenkins-directed film took in $100.5 million in the U.S. and about $122 million from the 155 countries where it is playing.
Barron’s has been one of the few that remained optimistic about the Time Warner and DC Entertainment line-up, despite its playing second fiddle to Marvel. It forecasted a year ago that the company’s stocks, which was valued then at $73, would jump up by 25 percent. After Wonder Woman’s wondrous opening, the stock closed at $99 last Friday.
Barron’s continues to express confidence in the studio, pointing to a couple of movies that also made good in the box-office and which have sequels that will continue to bring in the crowds and their cash. A couple of titles it mentioned were more of monster movies—Godzilla and Kong Island—which means that the studio’s salvation does not lie completely with the spandex-clad heroes.
Baoshang Bank could be China’s Indybank
The troubled Baoshang Bank had assets of $84 billion and its seizure is indicative of the deteriorating health of small-scale...
Transportation projects now receive varied funding options
Transportation projects are plenty throughout the United States, with private sector being tapped for partnerships and investments.
How to cope with the wonderful unpredictability of travel
Travel can be unpredictable. At least that’s what Socrates Anastasiadis will tell you when you ask him about his recent...
Cash is past: How modern fintech will drive cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) into the financial mainstream
With cryptocurrencies making a comeback, we might be seeing a revolution in e-commerce in the near future.
Naspers holds Tencent captive
Naspers is drunk on its 31 percent holdings in Tencent and there is no intervention that can change it.
- Featured4 days ago
One Chinese stock immune from the trade war
- Biotech5 days ago
Bioxytran’s tissue oxygenation therapy breaking the stroke paradigm
- Business3 days ago
How to use video in email marketing in 2019
- Featured3 days ago
For your convenience: How modern retailers like Casey’s General Stores, Inc. (NASDAQ:CASY), Murphy USA Inc. (NYSE:MUSA) TravelCenters of America LLC (NASDAQ:TA) drive their margins