Hollywood pins its hopes on ‘The Hobbit’
The latest offering in the Lord of the Rings franchise, “The Hobbit: The Battle of the Five Armies,” opens Wednesday.
Hollywood hopes it will be a bright spot in an otherwise lackluster December that has seen receipts decline 40 percent from the same month last year.
But are dipping ticket sales a sign of a flailing industry, or is it just hard to measure up to 2013’s record numbers?
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