Why Movie Theaters Could Be the Next Big Acquisition Target

Why Movie Theaters Could Be the Next Big Acquisition Target

The answer could lie in movie theaters. After the decree ends in August 2022, movie studios like Disney (NYSE: DIS) may look to enter the theatrical distribution business the quickest way possible: acquiring movie theater operators. For starters, blockbusters like Spider-Man: No Way Home are still making money at the box office -- raking in $1.69 billion worldwide to date.