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The Wall Street Journal: 2016 turning out to be the year of the Hollywood flop

Global box office receipts are slightly up from a record-breaking 2015. Yet Hollywood is having one of its glummest summers in a long time.

So far, this year has included roughly the same number of hits as 2015, but many more flops and moderate disappointments. Some movies that fell short of studios’ big expectations are “The Huntsman: Winter’s War,” “Teenage Mutant Ninja Turtles: Out of the Shadows,” “Independence Day: Resurgence,” “The Legend of Tarzan” and “Ghostbusters.”

Most of these movies cost more than $100 million and some close to $200 million. There have been 15 big-budget disappointments or flops thus far in 2016, compared with eight at the same point in 2015.

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