By Chris Kavan - 08/31/17 at 06:39 AM CT
As we bid goodbye to summer and hello to fall, let us reflect on how Hollywood is reeling. August was way down and it will be the first time in over a decade that the summer movie season will fail to break the $4 billion mark. And, by all accounts, September is going to get off to a rough start. The long, Labor Day weekend will have only one wide release, the historical drama/romance Tulip Fever. This is a film that has jumped around and was scheduled for limited release for a long time before this final adjustment. I hardly think it's going to attract a crowd and have a feeling that this opening weekend is going to be a slog but, have no fear, It (the Stephen King horror film) looks to be on track to scare up a record opening - but we'll have to wait on that.
While that is the only new film in theaters, Close Encounters of the Third Kind is actually being re-released in more theaters (700 versus the 600 for Tulip Fever) for its 4K 40th Anniversary and has a much better chance to perform well, though it also isn't likley to make too many waver or save the box office from dismal numbers. I'll be back on Sunday with the details.