Shares of AMC and other theater chains popped after Disney said its film production schedule is heating up. But the shrinking exclusivity window for new releases means the industry is in “secular decline,” says one veteran media analyst.
Disney, along with its earnings, announced that two films, “Free Guy” and “Shang-Chi and the Legend of the Ten Rings,” will play only in theaters for 45 days before being available to stream. “Black Widow” and “Jungle Cruise” will have a simultaneous…
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