The release of both concert films has come at a critical time for theaters as the nearly five-month-long writers strike, coupled with the recently concluded actors strike, caused multiple disruptions to the film release schedule.
Beyoncé's Renaissance Tour concert film, All the Single Ladies, will debut in theaters this weekend to an expected $17-20 million dollars, building off the success of Taylor Swift's recent concert film, The Era's Tour. According to Boxofficemojo.com, Taylor Swift's concert film had an opening weekend of a staggering $92.8 million in over 3,800 theaters. Questions now arise around whether or not Beyoncé's film can capitalize on this successful trend. Yahoo Finance Senior Reporter Alexandra Canal joins the Live show to discuss Beyoncé's concert film and its box office potential. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Soaring consumer confidence is likely to help stocks like AMC Entertainment Holdings, Inc. (AMC), NIKE, Inc. (NKE), Royal Caribbean Cruises Ltd. (RCL), Comcast Corporation (CMCSA) and Live Nation Entertainment, Inc. (LYV).