Dolphin Entertainment Congratulates 42West Client Tom Cruise on his Record-Breaking Movie ‘Top Gun: Maverick,’ the Biggest Domestic Memorial Day Opening Ever, Grossing $160.5 Million

Rhea-AI Summary

Dolphin Entertainment (NASDAQ:DLPN) congratulates client Tom Cruise on his record-breaking film Top Gun: Maverick, achieving a historic $160.5 million domestic opening weekend and $300 million worldwide gross. CEO Bill O'Dowd emphasizes the film's success marks a strong comeback for theaters. Dolphin, a leader in entertainment marketing and content production, works with high-profile clients across various industries through its subsidiaries, providing strategic marketing and publicity services.

Positive

• Top Gun: Maverick achieved a record-breaking domestic opening of $160.5 million.
• The film grossed $300 million worldwide, indicating strong audience interest.
• CEO Bill O'Dowd's statements suggest a promising summer box office season.

Negative

• None.

NEW YORK, NY and LOS ANGELES, CA / ACCESSWIRE / May 31, 2022 / Dolphin Entertainment (NASDAQ:DLPN) a leading entertainment marketing and premium content production company, congratulates 42West client Tom Cruise on his celebrated new movie "Top Gun: Maverick," his biggest opening weekend ever, and the largest domestic Memorial Day opening in history, grossing $160.5 million at the box office. The film has garnered $300 million worldwide.

"Shattering records this past weekend, ‘Top Gun: Maverick' leads the way into what should be a great summer box office season, and marks the undeniable return of audiences to theaters," said Bill O'Dowd, CEO of Dolphin Entertainment.

About 42West

With unparalleled experience, contacts, and expertise, 42West is one of the leading full-service public-relations firms in the entertainment industry. The firm's PR professionals have developed and executed marketing and publicity strategies for hundreds of movies, television shows, and digital productions as well as for countless individual actors, filmmakers, recording artists, and authors. In addition, 42West has also provided strategic communications counsel to a wide variety of high-profile individuals and corporate clients - ranging from movie and pop stars to major studios and media conglomerates.

About Dolphin Entertainment
Dolphin Entertainment is a leading independent entertainment marketing and production company. Dolphin's legacy content production business, founded by Emmy-nominated CEO Bill O'Dowd, has produced multiple feature films and award-winning digital series. Through our subsidiaries 42West, The Door, Shore Fire Media and B/HI (a division of 42West), we provide expert strategic marketing and publicity services to many of the top brands, both individual and corporate, in the film, television, music, gaming and hospitality industries. Viewpoint Creative and Be Social complement their efforts with full-service creative branding and production capabilities as well as social media and influencer marketing services. To learn more, visit: https://www.dolphinentertainment.com.

This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act. These forward-looking statements may address, among other things, Dolphin Entertainment Inc.'s offering of common stock as well as expected financial and operational results and the related assumptions underlying its expected results. These forward-looking statements are distinguished by the use of words such as "will," "would," "anticipate," "expect," "believe," "designed," "plan," or "intend," the negative of these terms, and similar references to future periods. These views involve risks and uncertainties that are difficult to predict and, accordingly, Dolphin Entertainment's actual results may differ materially from the results discussed in its forward-looking statements. Dolphin Entertainment's forward-looking statements contained herein speak only as of the date of this press release. Factors or events Dolphin Entertainment cannot predict, including those described in the risk factors contained in its filings with the Securities and Exchange Commission, may cause its actual results to differ from those expressed in forward-looking statements. Although Dolphin Entertainment believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved, and Dolphin Entertainment undertakes no obligation to update publicly any forward-looking statements as a result of new information, future events, or otherwise, except as required by applicable law.

Investor Contact:
James Carbonara
Hayden IR
(646)-755-7412
james@haydenir.com

SOURCE: Dolphin Entertainment, Inc.

View source version on accesswire.com:
https://www.accesswire.com/703458/Dolphin-Entertainment-Congratulates-42West-Client-Tom-Cruise-on-his-Record-Breaking-Movie-Top-Gun-Maverick-the-Biggest-Domestic-Memorial-Day-Opening-Ever-Grossing-1605-Million

FAQ

What record did Top Gun: Maverick break according to Dolphin Entertainment?

Top Gun: Maverick had the largest domestic Memorial Day opening in history, grossing $160.5 million.

What is Dolphin Entertainment's involvement with Top Gun: Maverick?

Dolphin Entertainment congratulated its client, Tom Cruise, for the film's record-breaking success.

What are the financial implications of Top Gun: Maverick's success for Dolphin Entertainment?

The success of Top Gun: Maverick enhances Dolphin Entertainment's reputation in the entertainment marketing sector.