As postproduction backlogs delay movie releases, B. Riley lowers industry box-office estimates

Analyst firm also lowers its price targets for a number of media and entertainment stocks

MarketWatch by James Rogers

Last Updated: Jan. 4, 2023 at 8:16 a.m. ET First Published: Jan. 3, 2023 at 1:09 p.m. ET

Analyst firm B. Riley Securities has lowered its box-office estimates for the media and entertainment industry, citing the effects of delayed movie releases.

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