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Comcast Hits Big With 'Despicable Me 4': Can Stocks, Movie Theaters Benefit From 2024 Blockbusters?

Benzinga ·  00:22

Concerns for the box office in 2024 may have been overly exaggerated or first half heavy, as "Despicable Me 4" continued the recent success of animated films in movie theaters.

What Happened:Opening over the Fourth of July holiday, "Despicable Me 4" grossed $122.6 million at the domestic box office in its first five days in theaters.

The film earned $75 million during the three-day weekend after its early Wednesday holiday week opening, as reported by Variety.

In international markets, the movie added another $106.9 million in theaters, for a worldwide opening total of $229.5 million.

The film comes from Universal Studios, a unit ofComcast...

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