Highbrow Films Aimed at Winning Oscars Are Losing Audiences

Highbrow Films Aimed at Winning Oscars Are Losing Audiences

The New York Times-Business·2022-12-09 17:00

A year ago, Hollywood watched in despair as Oscar-oriented films like “Licorice Pizza” and “Nightmare Alley” flatlined at the box office. The day seemed to have finally arrived when prestige films were no longer viable in theaters and streaming had forever altered cinema.

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