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Despicable Me 2

Hollywood is looking to cash in on summer blockbusters

Hollywood's studios have some good news as the summer movie season kicks into high gear: Business is up.

The movie industry is on track to beat last year's box-office record. The Memorial Day weekend's blockbuster opening of "X-Men: Days of Future Past" grossed an impressive $111 million, and studios hope upcoming flicks on giant fighting robots, animated dragons and hyper-intelligent apes can keep that momentum going.

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FOR THE RECORD

Summer blockbusters: A May 27 Section A article about the summer box-office season referred to Greg Foster as the chief executive of Imax Corp. Foster is senior executive vice president of Imax Corp. and CEO of...

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