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July 2017 Box Office Marks Third Straight Month in Decline

July 2017 Box Office Marks Third Straight Month in Decline

After July 2015 and 2016 saw increases from one year to the next, July 2017 took a step back, down 12.2% compared to 2016 with calendar grosses reaching $1.2 billion from 221 films compared to $1.37 billion last July. Leading the way was Sony's Spider-Man: Homecoming, which topped all releases bringing in $280 million in July, earning Sony the #1 spot for the month with six films grossing nearly $390 million. Overall, this marks the third month in a row to show a decline compared to 2016 with the summer movie season struggling and showing no sign of improvement in the month of August with the season currently pacing 11% behind 2016. Overall, August is likely to become the sixth month out of the first eight in 2017 to show a decline from one year to the next with 2017 currently -2% behind 2016. Digging deeper into July, we'll start at the top with Spider-Man: Homecoming, which delivered $280 million since its July 7 release. The film is now approaching $300 million domestically,

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