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The Economics Behind This Summer's Box Office Flops

Moviegoers purchase automated tickets at an AMC movie theater in Arcadia, Calif., on Aug. 2, 2017. 
AMC Entertainment Holdings, the world's largest movie theater owner, announced a "shocking" expectation for secod-quarter losses, with stocks diving by 25 percent amid a weak box office. (Frederic J. Brown/AFP/Getty Images)
Moviegoers purchase automated tickets at an AMC movie theater in Arcadia, Calif., on Aug. 2, 2017. AMC Entertainment Holdings, the world's largest movie theater owner, announced a "shocking" expectation for secod-quarter losses, with stocks diving by 25 percent amid a weak box office. (Frederic J. Brown/AFP/Getty Images)

The 2017 summer box office numbers are in, and the season was the worst in a decade.

There’s an underlying economic reason for the weakness of the box office this summer. Here & Now‘s Jeremy Hobson learns more from Derek Thompson (@DKThomp) of The Atlantic.

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