*By Max Godnick*
Hollywood is having its best summer at the box office in years, flipping the script after nearly being pushed to the brink in 2017.
Last year was the lowest-grossing summer since 2006, sparking a slew of [headlines](http://www.latimes.com/business/hollywood/la-fi-ct-movie-projector-summer-meltdown-20170830-story.html) mourning the demise of the movie theater. The year was marked by some notable bombs including "Baywatch," "The Mummy," and the latest "Pirates of the Caribbean" installment.
But it's the success of this year's "Incredibles 2," "Avengers: Infinity War," and "Deadpool 2" that make all that hand-wringing for naught.
"Everybody was tolling the death knell for the cinema experience," said Paul Dergarabedian, senior analyst at ComScore, in an interview with Cheddar on Friday. "It shows you what a difference a year makes."
According to ComScore's reporting through July 11th, this year's summer box office is up nearly 13% over 2017. While it's unlikely that Hollywood will surpass its record-breaking summer of 2013, when "Iron Man 3" led the season to a $4.75 billion take, Dergarabedian says it's likely to be the strongest of the last few years. That's largely to the credit of the string of commercially and critically successful superhero movie premieres.
And it might stay that way for years to come.
"There's no sign of superhero fatigue at all," Dergarabedian said.
Caped and costumed vigilantes aren't the only ones helping Hollywood dig itself out of last summer's hole. Documentaries are emerging as one of the season's most surprising saviors.
"Documentaries are killing it right now," Dergarabedian said, pointing to the $25 million in ticket sales generated by the unscripted movies "RBG" and "Won't You Be My Neighbor," which the analyst described as "no small thing."
The season has also seen studios break boundaries of inclusion and diversity. "Black Panther" set the tone in February, becoming the ninth-highest-grossing movie and the most successful one from a black director and with a black lead. Now, "Ant-Man and The Wasp" is the first Marvel movie to use a female character's name in the title. Brie Larson will star as "Captain Marvel" next year, and Cate Shortland will become the studio's first solo female director when she helms the standalone "Black Widow" movie.
"I think we're going to look back and say this was a turning point where there is no limit on who could lead a superhero movie," Dergarabedian said.
For the full segment, [click here.](https://cheddar.com/videos/how-hollywood-saved-itself-from-a-summer-box-office-disaster)
Premio Lo Nuestro 2022 is kicking off awards season this month with its 34th show. The star-studded event will include performances from Pitbull, Luis Fonsi — and even Sting with his new Spanish-language single "Por Su Amor." Ignacio Meyer, the vice president of music and non-scripted entertainment, Univision, joined Cheddar News to talk about the music award show details. "We’ve actually still got plenty of surprises that were going to be announcing," Meyer said. "We're not done announcing the star power just yet." Singer Camilo leads with 10 nominations going into the event.
Black spending power reached a record $1.6 Trillion in a 2021 report from the University of Georgia Selig Center for Economic Growth. Ayesha Selden, certified financial planner, breaks down why real estate is the key to closing the racial wealth gap and how Black Americans are using social media to improve financial literacy. "If we look at home ownership as being a primary driver of wealth, when you look at the equity that Americans have in their homes, that equity can be used to buy additional assets like other rental properties. That equity can be used to educate our children," Selden said, noting that lower rates of home ownership meant Black Americans tend to incur more debt on average for their student loans.
On this episode of Cheddar Reveals, Dr. Kate Strasdin, fashion historian & senior lecturer in Cultural Studies at Falmouth University, discusses the lessons industry leaders draw from history to make fashion more sustainable today; Kendall Becker, fashion editor and trend forecaster, forecasts the hottest trends of 2022, and what will be left in 2021; Cheddar gets a look at Curiosity Stream's 'Going Circular.'
Dr. Kate Strasdin, fashion historian & senior lecturer in Cultural Studies at Falmouth University, joins Cheddar Reveals to discuss the lessons industry leaders draw from history to make fashion more sustainable today.
A new survey from Etoro suggests that talking crypto might actually help Americans on the dating scene find love...or at least land another date. The survey found that 74% of respondents would be more interested in going on a second date with a person that pays the bill in Bitcoin. Callie Cox, Etoro's U.S. investment analyst, joined Cheddar News to discuss.
Energy Vault, the company developing sustainable, grid-scale energy storage solutions, is now trading on the New York Stock Exchange following the completion of its business combination with Novus Capital Corporation II. Energy Vault develops sustainable, grid-scale energy storage solutions designed to advance the transition to a carbon free, resilient power grid. Robert Piconi, co-founder and CEO of Energy Vault, joins Cheddar News' Closing Bell to disucss.
A new mobile app has launched just in time for Valentine's Day. Our.Love bills itself as an A.I.-powered, gamified, relationship wellness app for couples. The app is set in what the company calls the Coupleverse, a virtual world where each couple can build a virtual relationship home as they also build their real-world relationship. Founder and CEO Tal Zlotnitsky joined Cheddar to discuss how the app works. "The concept behind Our.Love is to give people the opportunity to understand where they stand in their relationship through very simple metrics that we provide within the app that will help them in real-time, see where they stand, see where their partner is, and be able to get closer together," he said.
