Comment on Here’s How Much Money the New ‘Star Wars’ Movie Could Make

rolandattimeinc, Time: Business
Tue, 08/04/2015 - 5:36am

Here’s How Much Money the New ‘Star Wars’ Movie Could Make

The new Star Wars film, due for release this December, is expected to make around $2.2 billion globally, according to a Wall Street analyst. The analyst at the investment firm Stifel Nicolaus recently raised his price target on Disney shares to $130, according to CNBC. The film, “Star Wars: Episode VII The Force Awakens,” will capitalize on the increasing popularity of 3D and IMAX screens in the United States, and increasing interest in movie theaters abroad, the analyst said. Despite flagging American interest in going to the movies, global box office sales are expected to be buoyed by Chinese moviegoers.

 

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