Theatrical
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Trump Wants Pro Sports Up Running ‘Sooner Rather Than Later’
Throughout societal history, few distractions generate more media attention and money than sports. Backed by billions in television, pay-TV and subscription stream video revenue, Major League Baseball, the NBA, NFL, NHL, PGA, MLS, ATP, WWE, Nascar, etc., rely almost entirely on media distribution to support a rarified ecosystem of lavish compensation, billionaire owners and self-serving … Continue reading “Trump Wants Pro Sports Up Running ‘Sooner Rather Than Later’”
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Apple TV Channels Offering Free Month Access to Epix, Showtime and Others
Apple TV Channels, which like Amazon Channels, offers access to third party over-the-top video platforms, is offering extended free access to content during the coronavirus pandemic. Apple is extending to 30 days free trials to ViacomCBS’ Showtime OTT and MGM-owned Epix (through May 2 with no subscription required), AMC Networks’ Acorn TV and Lifetime Movie … Continue reading “Apple TV Channels Offering Free Month Access to Epix, Showtime and Others”
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Disney Cancels ‘Artemis Fowl’ Theatrical Run In Lieu of Disney+ Launch
Disney has elected to cancel the planned theatrical release of Artemis Fowl on May 29 and will instead debut the film on the Disney+ streaming service. Studios have been scrambling to reschedule their film slates as theaters have closed and potential audiences are stuck at home during the coronavirus pandemic. Many films, such as Disney’s … Continue reading “Disney Cancels ‘Artemis Fowl’ Theatrical Run In Lieu of Disney+ Launch”
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ViacomCBS Closes 49% Ownership Stake in Miramax
ViacomCBS April 3 announced the closing of the previously announced 49% ownership stake in Miramax from beIN Media Group, which retains 51% majority ownership. ViacomCBS, which owns and operates Paramount Pictures and Pluto TV, among other assets, plans to utilize the Miramax catalog (Pulp Fiction, Kill Bill, Good Will Hunting, etc.) throughout its digital distribution … Continue reading “ViacomCBS Closes 49% Ownership Stake in Miramax”
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Nielsen: Asia Offers Post COVID-19 Media Snapshot
In the timeline of the coronavirus pandemic, China, Hong Kong, Taiwan, Japan and South Korea were among the first to feel the effects of social distancing and quarantining. The regions are now the first to see a possible light at the end of the tunnel. Nielsen, which released new data showing, that similar to the … Continue reading “Nielsen: Asia Offers Post COVID-19 Media Snapshot”
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CEO: AMC Theatres Hoping for Mid-June Re-Opening
AMC Theatres, the world’s largest exhibitor with 1,000 theatres and 11,000 screens, hopes to re-open domestic screens by mid-June, CEO Adam Aron told CNBC. Speaking March 31, Aron said the industry remained on “uncharted times in our lifetimes,” while admitting to wishful thinking as the chain has seen revenue plummet to zero as local and … Continue reading “CEO: AMC Theatres Hoping for Mid-June Re-Opening”
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Disney Executives Forgo Salary, Perks During Pandemic
While some media companies have set aside tens of millions for displaced workers and production personnel, The Walt Disney Co. is cutting salaries and perks to senior executives as its business units get hammered from all directions due to the coronavirus pandemic. With nearly all business segments either idled or severely curtailed due to shutdowns … Continue reading “Disney Executives Forgo Salary, Perks During Pandemic”
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Warner Rolls Out New ‘Wonder Woman 1984’ Poster
With the planned June 5 theatrical launch of Wonder Woman 1984 delayed to Aug. 14, Warner Bros. has updated the movie poster and also is issuing an animated digital poster. In a social media post, the movie’s star, Gal Gadot, said she is looking forward to a brighter future for people, society and the power … Continue reading “Warner Rolls Out New ‘Wonder Woman 1984’ Poster”
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‘Kino Marquee’ Virtual Theatrical Platform Expands to 150 Indie Cinemas
Kino Marquee, the transactional VOD platform launched last week to enable movie theaters shuttered by the coronavirus pandemic to generate revenue, has expanded to include 150 indie theaters. For a select fee, viewers can watch a digital release on a participating theater’s website with revenue split between Kino and the indie exhibitor. The platform will … Continue reading “‘Kino Marquee’ Virtual Theatrical Platform Expands to 150 Indie Cinemas”
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NATO Applauds $2 Trillion Stimulus Agreement
While passage of the $2 trillion stimulus bill in the U.S. Senate remains caught up in partisan bickering, the National Association of Theatre Owners March 25 said it applauded the bipartisan agreement announced earlier today. “We applaud the agreement … to provide relief to movie theaters their employees and so many other public-facing industries that … Continue reading “NATO Applauds $2 Trillion Stimulus Agreement”
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AMC Theatres Furloughs 600 Corporate Employees, Including CEO Adam Aron
Facing a disastrous business climate, AMC Theatres March 25 announced it was furloughing 600 employees at its corporate office in Leawood, Kan., including CEO Adam Aron. The move is to save available cash, which the world’s largest movie exhibitor is hemorrhaging as its screens remain dark due to the global threat of the coronavirus. “At … Continue reading “AMC Theatres Furloughs 600 Corporate Employees, Including CEO Adam Aron”
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‘Wonder Woman 1984’ Theatrical Release Delayed to August
Warner Bros.’ tentpole title Wonder Woman 1984 has had its theatrical release pushed back from June 5 to Aug. 14, the studio disclosed on March 25. With theaters shuttered and interest in home entertainment spiking due to quarantine measures taken to thwart the spread of the coronavirus, the sequel to the 2017 box office and … Continue reading “‘Wonder Woman 1984’ Theatrical Release Delayed to August”
