The movie business owes Ryan Coogler and his Marvel team a debt of profound gratitude.Had Coogler and company not pulled off the massive cultural and financial success of “Black Panther,” the industry would be emerging from a long and brutal winter.
As it stands, the Marvel movie about the king of Wakanda is the only new release in the past three months to achieve blockbuster status.
The film’s outsize success is the sole reason that the domestic box office through the first quarter is running flat with revenues from 2017.
It’s yet another illustration of the new commercial dynamics in Hollywood — the business has increasingly been propped up by a handful of record-shattering hits, while other studio releases struggle, and largely fail to secure a foothold.“It’s a little unsettling,” said Jeff Bock, a box office analyst with Exhibitor Relations.
“I don’t like to be all doom and gloom,
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