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LOS ANGELES—With no new wide releases, Hollywood basically took the Labor Day weekend off and put an end to what’s expected to be the lowest earning summer moviegoing season since 2006—the last time the industry saw a sub-$4 billion summer.
Things weren’t as apocalyptic as analysts suggested going into the weekend, which had the potential to be the worst since 1992, but that is hardly cause for celebration. While official numbers for…