Even 'The Odyssey' and 'Spider-Man' can't save Hollywood
People are spending a lot of money to go see (some) movies in theaters this year.That sounds like good news for Hollywood, which fretted that moviegoing may be going away.The bad news for Hollywood: Moviegoing has been in decline for more than two decades — and this year's movies won't change that."The Odyssey" is a big hit at the box office, despite Elon Musk's best efforts."Obsession," "Backrooms," "Project Hail Mary," and "Michael" were big hits in 2026, too. And the newest "Spider-Man" movie, coming this week, looks certain to be a big hit.So.
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People are spending a lot of money to go see (some) movies in theaters this year.That sounds like good news for Hollywood, which fretted that moviegoing may be going away.The bad news for Hollywood: Moviegoing has been in decline for more than two decades — and this year's movies won't change that."The Odyssey" is a big hit at the box office, despite Elon Musk's best efforts."Obsession," "Backrooms," "Project Hail Mary," and "Michael" were big hits in 2026, too. And the newest "Spider-Man" movie, coming this week, looks certain to be a big hit.So. Hollywood, which has been beset with all kinds of issues, is finally back. But also, no.It is true that people who like movies, and who work in and around the movie business, are delighted that audiences are showing up, in big numbers, to see movies in theaters this year.
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Why it matters
A economy story we're tracking; its significance and source trust firm up as more outlets confirm it.
- What's the story?
- People are spending a lot of money to go see (some) movies in theaters this year.That sounds like good news for Hollywood, which fretted that moviegoing may be going away.The bad news for Hollywood: Moviegoing has been in decline for more than two decades — and this year's movies won't change that."The Odyssey" is a big hit at the box office, despite Elon Musk's best efforts."Obsession," "Backrooms," "Project Hail Mary," and "Michael" were big hits in 2026, too. And the newest "Spider-Man" movie, coming this week, looks certain to be a big hit.So.
- How widely is it covered?
- 1 outlet, average source rating 6.0/10.
- When was it last updated?
- 1d ago.
How outlets are framing the same story
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Even 'The Odyssey' and 'Spider-Man' can't save Hollywood
Sources1TypeCoverageBusiness Insider