Only one movie released in 2023 with a budget of $200 million or more has actually turned a profit at the box office, according to a new report.
Guardians of the Galaxy Vol. 3 turned a profit among other 14 big-budget movies released throughout 2023.
Big-budget movies are struggling in the modern theatrical landscape, despite above-average returns for most. The success of movies like Barbie and Oppenheimer with smaller budgets suggests that Hollywood should reconsider its conventional wisdom on big-budget strategies.
Influential movie reviewers argue it is a sign that audiences are exhausted with forceful political agendas in movies.
