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Hollywood’s Summertime Bombs Got a Lot More Disastrous This Year

  • Results call into question heavy reliance on sequels, remakes
  • Disney emerges as profit leader; Paramount stumbles to loss

Hollywood studios bet big on the summer of 2016, yet only a few winners emerged alongside several epic bombs.

Because of those big-budget disasters, which cost $100 million or more each, the movie industry’s peak season is a disappointment even though ticket sales were about equal to 2015’s haul. Projections by researcher The Numbers underscore the pain felt by some studios whose films failed to live up to their high hopes, such as “Ben-Hur,” from MGM and Viacom Inc.’s Paramount Pictures, and “The BFG,” a megaflop from Steven Spielberg and Walt Disney Co.