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Los Angeles Times
Los Angeles Times
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Netflix has publicly announced its first box office results, revealing that its Spanish-language film “La Bola Negra” earned $277,500 in limited U.S. theatrical release. The film, acquired for about $5 million, opened in four theaters and plans to expand to as many as 300 locations nationwide before premiering on Netflix in December. Despite the film’s positive reception and festival awards, Netflix faces challenges including significant layoffs and a declining stock price.
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