AT&T 's (NYSE: T) decision to release all of its films direct to video on the same day as their theatrical debut in 2021 sounded a potential death knell for cinema if other studios followed suit.
Yet the strong performance at the box office of the Warner Bros. big-budget sequel Wonder Woman 1984 shows there remains latent demand for big-screen pictures, and suggests AMC Entertainment (NYSE: AMC) , Cinemark (NYSE: CNK) , and Regal theaters parent Cineworld (OTC: CNNW.F) won't have the curtain brought down on them just yet.
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Movie Theaters Helped 'Wonder Woman 1984' Rake in Millions in Debut