‘Wicked’ and ‘Gladiator’ lead the way at the box office

The Street

TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and big movie releases brought in big bucks at the box office.

Transcript

00:00I'm Conway Gittins reporting from the New York Stock Exchange.

00:02Here's what we're watching on the street today.

00:05The Dow kicks off a new week in record territory as investors cheer Donald Trump's pick for

00:10Treasury Secretary.

00:11Scott Bessette is a hedge fund veteran.

00:14Investors believe he will be a competent voice within the incoming administration when it

00:18comes to tariffs, the ballooning federal deficit, and economic growth.

00:23In other business headlines, the Hollywood box office is getting a much-needed dose of

00:27razzle dazzle.

00:29The combination of Wicked and Gladiator 2, dubbed Glickid, took in roughly $384 million

00:35at the weekend box office worldwide.

00:38While that's not as good as 2023's box office blitz of Barbenheimer, it's still lifting

00:45hopes all across Hollywood.

00:47The box office is down roughly 11 percent in 2024 compared to the same time last year,

00:52and down 27 percent compared to 2019.

00:56The source of that hope is in the numbers.

00:59Wicked had the biggest debut of any Broadway adaptation in history and the third biggest

01:05opening weekend of 2024.

01:07It took in $114 million in opening domestic weekend ticket sales.

01:12Add in the global box office, and the number goes up to more than $164 million.

01:17Gladiator 2 took in $56 million in North America, and thanks to a November head start outside

01:23the U.S., its box office haul so far tops $220 million.

01:28Hollywood hopes it can keep riding this wave through the holiday season with family favorite

01:32and proven box office draw, Moana 2.

01:36That'll do it for your daily briefing from the New York Stock Exchange.

01:38I'm Conway Gittins with The Street.

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