AMC Entertainment said Monday it’s agreed to sell its nine theaters in the Baltic region (Latvia, Lithuania and Estonia) to UP Invest for €65 million (about $77 million) as it continues to shore up its balance sheet. The move follows a capital raise and debt restructuring in July to bolster liquidity and strengthen its balance
BoxOffice
Korea’s recent coronavirus resurgence has already taken a toll on the box office over the past two weekends, and exhibitors are now feeling a further pinch. According to the Yonhap news agency, Lotte Cultureworks, which includes multiplex chain Lotte Cinema, said it will offer voluntary retirement to employees who have been with the company for
After making its world premiere at last year’s Toronto International Film Festival, Armando Iannucci’s The Personal History of David Copperfield is ready to hit theaters. Searchlight Pictures is debuting the reimagining of the Charles Dickens’ classic starring Dev Patel in physical theaters (remember those?). To be more specific, the film will open in over 1,350 theaters across
Sony Pictures Classics will release Michael Dweck and Gregory Kershaw’s The Truffle Hunters on Christmas Day, Dec. 25. It was announced this week that the documentary will screen at the Toronto International Film Festival, capping off a string of previous acceptances into the Cannes, Telluride, and New York Film Festivals. The doc premiered at the
Refresh for updates: Disney/20th Century Studios’ New Mutants got an early jump on the weekend last night, grossing $750K in a pandemic marketplace where only 62% of all movie theaters are open. Studios have often said that preview figures aren’t perfect indicators of the weekend box office. I beg to differ: It was more predictable
With the exhibition reopening of New York and Los Angeles still unclear, despite California Governor Gavin Newsom laying out a road map this afternoon, Paramount has opted to reschedule some of its fall releases, and date some new titles. After moving Top Gun: Maverick out of the Christmas corridor to July 2 next year, and the reported
Update: Focus Features’ Sundance acquisition of Annapurna/Plan B’s Kajillionaire will now open on Sept. 25, a week later than anticipated in select theaters. We also hear the Miranda July directed movie will hit PVOD around Oct. 16. Despite that, the pic’s marketing will be driven toward its theatrical release, and the movie will continue to be available to
AMC Entertainment wants to buy back and revive a handful of bankrupt theaters that are staggering like the rest of the industry under little to no revenue. AMC, pushed by the Department of Justice, sold the theaters when it acquired Georgia-based Carmike Cinemas in 2016. Now it’s filed a motion in U.S. District Court for
Disney is moving 20th Century Studios’ prequel The King’s Man from Sept. 18 to Feb. 26, 2021. Now the sheer news of this is apt to spring alarm from exhibition, especially in the wake of Mulan heading to Disney+ over Labor Day weekend, however, I hear that Disney remains focused on the long game for theatrical. They’re
Of all the calamity exhibition needs right now as the industry tries to reopen during a pandemic is a hurricane. Box office analysts are divided on Hurricane Laura’s impact as new fare including 20th Century Studios/Disney’s The New Mutants, Searchlight’s The Personal History of David Copperfield, UAR/Orion’s Bill & Ted Face the Music and Picturehouse’s Fatima
Christopher Nolan’s Tenet has begun its offshore rollout, and while Warner Bros is keeping a tight lid on grosses until fully reporting Sunday, some international box office information is available on the highly-anticipated title. In Korea, one of the key plays on Tenet, the Wednesday opening day was a little over $827K from 2,228 screens.
France’s Prime Minister Jean Castex on Wednesday said that the state has earmarked 2B euros ($2.36B) for the cultural sector in the wake of the coronavirus. While the full economic recovery plan — 100B euros in total — will not be officially unveiled until September 3, the newly-installed Castex told France Inter radio that the
EXCLUSIVE: Here’s the first good sign we’ve gotten on advance tickets sales for Warner Bros.’ Tenet, particularly here in the U.S. Movio cinema analytics corp tells Deadline that pre-sales for Christopher Nolan’s latest is outpacing his previous movies Interstellar and Dunkirk at the same point in their advance sales cycle for the U.S., United Kingdom and Australia. In the UK
In a lawsuit that offers a glimpse of COVID-19’s economic threat to the Broadway industry, Jujamcyn Theaters, owner of five major Broadway venues, is suing its insurance companies after the insurers offered to pay a mere $250,000 of what Jujamcyn claims should be “tens of millions of dollars” in losses due to the coronavirus shutdown.
EXCLUSIVE: After being closed for over five months, Cineworld reopened about 200 of its Regal Cinemas in the U.S. this past weekend. Health and safety measures — which required an investment in the millions across the parent company’s full estate — were in place, and the response from audiences was “encouraging,” says Cineworld Group CEO
Updated, Aug. 24: Sony has put Broken Hearts Galley back on the calendar for a Sept. 11 release, the weekend following Warner Bros.’ Tenet. Tickets go on sale this Thursday. Elevation will handle the Canadian release. I hear the studio was impressed by this past weekend’s $4M opening of Solstice Studios’ Unhinged, and is looking forward to exhibition reviving itself.
In an effort to rein in resurgent coronavirus cases in Seoul, Korean authorities last week tightened restrictions on public gatherings. This dealt a blow to the local box office which has seen strong performances over the past several weeks with titles like Peninsula and Deliver Us From Evil. But the Top 5 films in the
Refresh for updates: Solstice Studios braved the continuing pandemic and assisted the major exhibition circuits to reopen this weekend with their Russell Crowe road rage action movie Unhinged this weekend in the U.S. in what was a $1.4M Friday including some Thursday previews at 1,823 theaters. The projected weekend is expected to be $4.2M, and the
After numerous delays, Well Go USA’s Cut Throat City is finally making its debut — and in theaters. Yes, you heard that right. The RZA-directed crime drama will make its way into select theaters starting today as they slowly start to open their doors across the country. “Well Go is a supporter of the traditional theatrical
With movie theaters finally lighting back up across much of the U.S., the National Association of Theatre Owners and its members are making a rare show of unity in support of CinemaSafe, a new set of health and safety protocols. The COVID-19 response codifies several measures undertaken by theaters and other businesses, including face coverings,
After pulling in $33.5M across five days of previews at the Chinese box office, local war epic The Eight Hundred overwhelmingly stormed theaters today, its first official day of release. Adding roughly $20M across the country on Friday — the biggest single-day box office since cinemas resumed operations — the Middle Kingdom cume is now
EXCLUSIVE: As the rolling process of cinema reopenings continues across various markets, IMAX has recently enjoyed strong grosses with local-language movies in Asia as well as the reissue of Christopher Nolan’s Interstellar in China. This week in the Middle Kingdom, it’s set to have a particularly vibrant frame with war epic The Eight Hundred. Already,
Sony Pictures Classics has scheduled Azazel Jacobs’ drama French Exit for a Feb. 21, 2021 release in time for Oscars. The pic, which stars Oscar nominees Michelle Pfeiffer and Lucas Hedges, is making its world premiere as the Closing Night feature at the 2020 New York Film Festival. Directed by Jacobs and written by award-winning novelist Patrick deWitt, based
Paramount has decided that the Dylan O’Brien movie Love and Monsters ne Monster Problems isn’t going to hit the big screen, rather PVOD on Oct. 16. The movie will be available on VOD platforms for a 48-hour rental period at a suggested rental price of $19.99 in the U.S. The film will also be available for early digital purchase for
Will the movies ever let religion back into the mainstream? It doesn’t seem likely, given the secular bent of most critics, festivals, and film awards. But the question could certainly occur to any thoughtful viewer of Marco Pontecorvo’s Fátima, which is set for release by Picturehouse in theaters and via PVOD on Aug. 28. The
Moviegoers will get the chance in select cities to see Christopher Nolan’s Tenet early, three days before its Thursday, Sept. 3 opening date. Warner Bros. is offering early access screenings on Aug. 31, Sept. 1 and Sept. 2. The announcement was made today by Jeff Goldstein, President, Warner Bros. Pictures Domestic Distribution. Goldstein said, “Warner Bros. is
China was the big breakout this past weekend, leading the international box office for the fourth frame in a row and powered by the reissue of Warner Bros’ Harry Potter And The Sorcerer’s Stone in a 4K 3D restoration that conjured $13.6M on 16,000 screens over the three-day frame. With Monday and Tuesday’s Middle Kingdom
A federal judge Tuesday upheld New Jersey Governor Philip Murphy’s closure of movie theaters in the state, dismissing a motion for an injunction by the National Association of Theatre Owners and five cinema chains that would have allowed them to open their doors. Judge Brian Martinotti ruled that the state is not infringing on the
It’s not so much mischief managed as it’s magic managed: Warner Bros’ reissue of Harry Potter And The Sorcerer’s Stone has become the second film in the franchise to cross $1B worldwide. The film, originally released in 2001, counts a global cume of $1,001,260,000 after debuting in a remastered 4K 3D version in China this
The Alamo Drafthouse is ready to safely open its doors to select theaters around the country starting August 21, it said Tuesday, with additional theaters opening the following week. The Austin-based dine-in theater experience will also be the first place to see Bill & Ted Face the Music. On August 26, the Drafthouse will exclusively
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