Dolphin Entertainment's "The Blue Angels" Crosses $2,000,000 at the Box Office and Soars to the Top of Prime Video
Rhea-AI Summary
Dolphin Entertainment's film 'The Blue Angels' has crossed the $2 million mark at the box office and debuted at #1 on Prime Video over the Memorial Day holiday. The film grossed $2,082,327 in its one-week IMAX run, including $1,404,820 from its Top 10 debut. After its successful IMAX run, the film continues to play in select theaters and is one of the highest-grossing documentaries of 2024. It launched on Prime Video on May 23 and topped the U.S. film charts over Memorial Day. The film's executive producers include Dolphin Entertainment CEO Bill O'Dowd and VP of Development and Production Emerson Davis.
Positive
- ‘The Blue Angels' grossed $2,082,327 in its one-week IMAX run.
- The film achieved a Top 10 debut, earning $1,404,820.
- 'The Blue Angels' continues to play in select theaters.
- It is one of the highest-grossing documentaries of 2024.
- The film debuted at #1 on Prime Video over Memorial Day.
- Dolphin Entertainment has a multi-year agreement with IMAX to co-produce feature documentaries.
Negative
- No specific financial data or projections beyond the initial performance figures are disclosed.
- Potential over-reliance on 'The Blue Angels' success; future projects' performance remains uncertain.
News Market Reaction 1 Alert
On the day this news was published, DLPN declined 0.89%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
LOS ANGELES, CA / ACCESSWIRE / May 29, 2024 / Dolphin Entertainment, Inc. (NASDAQ:DLPN), a leading entertainment marketing and premium content production company, saw its film "The Blue Angels" cross a box office milestone and debut at #1 on Prime Video over the Memorial Day holiday frame. The film's one week IMAX run grossed
About Dolphin Entertainment, Inc.
Dolphin Entertainment is a prominent independent entertainment marketing and production company. Through its subsidiaries, 42West, The Door, and Shore Fire Media, the company offers expert strategic marketing and publicity services to top brands in the film, television, music, gaming, and hospitality industries. All three PR firms have consistently ranked among the top 50 PR firms in the United States. Viewpoint Creative and The Digital Dept. complement these efforts with complete creative branding and production capabilities, as well as social media and influencer marketing services. Dolphin's most recent acquisition, Special Projects, provides talent booking services and event production for high-end clients in the media, entertainment, and fashion industries. Dolphin's legacy content production business, founded by Emmy-nominated CEO Bill O'Dowd, has produced multiple feature films and award-winning digital series. Dolphin has also entered into a multi-year agreement with IMAX to co-produce feature documentaries. To learn more, visit: https://www.dolphinentertainment.com.
This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act. These forward-looking statements may address, among other things, Dolphin Entertainment Inc.'s offering of common stock as well as expected financial and operational results and the related assumptions underlying its expected results. These forward-looking statements are distinguished by the use of words such as "will," "would," "anticipate," "expect," "believe," "designed," "plan," or "intend," the negative of these terms, and similar references to future periods. These views involve risks and uncertainties that are difficult to predict and, accordingly, Dolphin Entertainment's actual results may differ materially from the results discussed in its forward-looking statements. Dolphin Entertainment's forward-looking statements contained herein speak only as of the date of this press release. Factors or events Dolphin Entertainment cannot predict, including those described in the risk factors contained in its filings with the Securities and Exchange Commission, may cause its actual results to differ from those expressed in forward-looking statements. Although Dolphin Entertainment believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved, and Dolphin Entertainment undertakes no obligation to update publicly any forward-looking statements as a result of new information, future events, or otherwise, except as required by applicable law.
Contact:
James Carbonara/Hayden IR
(646)-755-7412
james@haydenir.com
SOURCE: Dolphin Entertainment, Inc.
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