Can Struggling Hollywood Ride Broadway's Coattails? | Reuters

Will Hollywood Look To Broadway For Guidance?

With the motion picture box office in a slump, and Broadway on an upswing, an increasing number of film franchises are being transformed for the stage.

In fact, theatrical productions of feature films including "The Notebook," "Rocky," "Austin Powers," "Ghost," "Finding Neverland," "Once," "Diner" and "The Goonies" are all in the works. It's easy to see why.

Domestic box office attendance is at its lowest level in 16 years, and studios have struggled to fill seats throughout a sluggish 2011, during which ticket sales are down around 5 percent.

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