Theatrical
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AMC Theatres CEO: ‘We Don’t Have a Penny of Revenue Coming In’
AMC Theatres is the largest movie exhibitor in the world with 1,000 theatres and 11,000 screens in 15 countries. They are all dark while fixed costs continue to pile up as the spread of the coronavirus wreaks economic and medical havoc in Europe, Asia and the United States. Speaking to CNN, Adam Aron, CEO of … Continue reading “AMC Theatres CEO: ‘We Don’t Have a Penny of Revenue Coming In’”
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Exhibitors Group to Congress: Pass $2 Trillion Coronavirus Relief Bill or Theaters Will Go Bankrupt
With U.S. Senate working through the weekend to finalize a $2 trillion-dollar coronavirus relief bill, the National Association of Theatre Owners says that without the relief most exhibitors will go out of business. With the global pandemic crossing into the United States with a vengeance, all domestic screens are dark with no return to business … Continue reading “Exhibitors Group to Congress: Pass $2 Trillion Coronavirus Relief Bill or Theaters Will Go Bankrupt”
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Warner Bros.’ ‘Wonder Woman 1984’ Still Going to Theaters, Not Streaming — For Now
Warner Bros. remains on schedule to release summer tentpole title Wonder Woman 1984 in theaters June 4. The sequel to 2017 box office and home entertainment blockbuster Wonder Woman again stars Gal Gadot in the title role, along with co-stars Chris Pine, Robin Wright and Connie Nielsen. Kristen Wiig and Pedro Pascal are newcomers in … Continue reading “Warner Bros.’ ‘Wonder Woman 1984’ Still Going to Theaters, Not Streaming — For Now”
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Disney, Universal Suspend Box Office Data Reporting
With most movie theaters shuttered due to concerns over the spread of coronavirus, Walt Disney Studios and Universal Pictures say they are suspending reporting box office results. The move comes after domestic weekend ticket sales plummeted to a 20-year low and most screens around the world remain closed. While Warner Bros., Paramount Pictures, Lionsgate and … Continue reading “Disney, Universal Suspend Box Office Data Reporting”
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Theaters Seek Government Assistance for ‘Unprecedented’ Crisis
The movie theater industry is asking for Congress and the Trump Administration to urgently consider fiscal relief as it grapples with a global shut down of business operations due to the coronavirus. In a March 18 statement from the National Association of Theatre Owners, the trade group said the immediate fiscal aid would allow exhibitors … Continue reading “Theaters Seek Government Assistance for ‘Unprecedented’ Crisis”
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Sky Selling Theatrical Releases in the Home
With the shutdown of theatres worldwide, satellite TV operator Sky has begun offering digital video access to select theatrical releases in the home. The move is the latest among media companies upending traditional distribution channels as consumers face quarantine situations against the spread of the coronavirus (COVID-19). Sky, which is owned by Comcast, parent of … Continue reading “Sky Selling Theatrical Releases in the Home”
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Theater Trade Group Cautions Against Bypassing Traditional Window
Theater owners on March 17 took a swipe at plans by some studios to bypass the traditional theatrical release window and make new films immediately available for home viewing as a means of contending with the closure of theaters amid the coronavirus pandemic. The National Association of Theatre Owners (NATO) issued a statement blasting the … Continue reading “Theater Trade Group Cautions Against Bypassing Traditional Window”
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AMC Theatres Shuts Down All Screens as More Cinemas Go Dark
Just hours after mandating all screens admit no more than 50 patrons per showing, AMC Theatres, the nation’s No. 1 movie theater chain, has pulled the plug on its venues in accordance with precautions being taken by businesses to stop the spread of the coronavirus, or COVID-19. “All AMC theatres are temporarily closed in accordance … Continue reading “AMC Theatres Shuts Down All Screens as More Cinemas Go Dark”
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Regal Cinemas Shuttering All Screens
Following a disastrous weekend box office as consumers worry about the growing coronavirus pandemic, Regal Cinemas on March 16 announced it would shutter all venues, beginning March 17. The nation’s second-largest exhibitor with 542 movie theaters and more than 7,000 screens said its operations would remain closed until further notice. Rival AMC Theatres earlier today … Continue reading “Regal Cinemas Shuttering All Screens”
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Universal Releasing Theatrical, Home Entertainment Releases Simultaneously
Seeking to counter the coronavirus spread and delayed theatrical release schedules, Universal Pictures March 16 announced it would release its current theatrical slate into home entertainment distribution channels simultaneously. The sudden move in one stroke eliminated the traditional 90-day theatrical window — an exclusivity exhibitors have fought hard for ever since home entertainment emerged. But … Continue reading “Universal Releasing Theatrical, Home Entertainment Releases Simultaneously”
