John Stephens, the outgoing CFO of WarnerMedia parent AT&T, defended the company’s move to release its 2021 film slate concurrently on HBO Max and in theaters and cited Warner Bros. century-long relationship with Hollywood talent — with some disgruntled at the move and the way it was communicated. “We’ve got a long history of working
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AMC Entertainment CEO Adam Aron said Tuesday that the nation’s largest cinema chain had raised $204 million in two weeks in December out of at least $750 million it needs to get to the other side of a global pandemic that has crippled moviegoing. It was the latest capital raise after previous rounds of AMC
Financially hurting cinema advertising network National CineMedia has inked a deal to run ads with Coinstar, a big operator of supermarket coin-counting kiosks. With the exhibition business on the Covid-19 skids, the agreement helps expand National CineMedia’s digital-out-of-home footprint by extending its movie-centric entertainment content, trivia, and advertising beyond movie theaters to complementary venues. It
While the domestic box office was hammered over the holidays, over in Australia, it’s been quite alive. A leading example of this last weekend was Roadshow Films’ Eric Bana thriller The Dry, based on Jane Harper’s bestselling and award-winning debut novel, which has minted $3.5M since its New Year’s Day release. I’m told that’s the best
If 2020 began with promise, all that changed as every industry tradition we took for granted was stripped away without warning. The pandemic has seen nearly 20 million positive cases in the U.S. alone, and soon 350,000 will be dead. Every facet of entertainment was impacted: live theaters and movie theaters closed, production in TV
The first weekend of the year, which at its apex in 2016 grossed $219.5M off the heat of Disney’s Star Wars: The Force Awakens, registered an estimated $13M for the entire weekend. That’s in a continued decimated exhibition marketplace that’s praying to reopen in 2021. Warner Bros.’ theatrical release of Wonder Woman 1984, which is also available
The specialty box office space entered 2021 with two fresh titles and one under-the-radar pic with Vertical Entertainment’s Shadow In The Cloud, Netflix’s Pieces of a Woman and Amazon Studios’ Herself. In general, reporting on box office numbers has been tricky ground considering circumstances and that will continue in 2021 — especially with the specialty box
Refresh for latest…: China was the big international box office winner this weekend with three local movies at the top of the chart and a New Year’s Day record set on Friday. That came just as it was confirmed the market led global box office for 2020, surpassing North America for the first time. We’ll
As 2021 dawned, China shot straight out of the box office gate with a new record. On Friday, the market hit a milestone for New Year’s Day. Estimates are coming in for January 1 at about RMB 600M ($92M), besting the same day in all previous years. The big result was generated largely by new
It was supposed to be a year when the playing field became even. After losing to Disney for four years in a row, with the Burbank studio setting an industry record in 2019 of $13.2 billion global box office, a new major studio was set to become the domestic king. “I think 2020 is going
It’s historically been a week when we’re reporting on Star Wars movies doing a daily box office average of $20M, but in this distressed Covid environment where 60% of all U.S. and Canadian theaters are closed, we have only to highlight that Warner Bros.’ Wonder Woman 1984 did an estimated $22.5M in its first week. Eeesh. Now
Rap may be our only salvation for these otherwise ‘woke’ times. After all, in ways somewhat similar to other culture-busting genres rap is about calling things out, telling it like it is, and breaking the rules and setting them on fire. TWITTER: https://twitter.com/iamhewas The evolution of rap away from the 90s West Coast R&B model
If 2020 began with promise, all that changed as every industry tradition we took for granted was stripped away without warning. The pandemic has seen nearly 20 million positive cases in the U.S. alone, and soon 350,000 will be dead. Every facet of entertainment was impacted: live theaters and movie theaters closed, production in TV
A word for stocks in 2020: epic — as in monumental, as a bona fide crash in the spring alternated thereafter with convulsions of angst and optimism reflecting a world turned upside down by the first global pandemic in a century. Major indexes from the Dow Jones to the Nasdaq, S&P 500 and Russell 3000
The Patty Jenkins-directed DC sequel has grossed more than $100M worldwide according to Warner Bros. Wonder Woman 1984 opened to $16.7M domestic last weekend in the U.S. and Canada where 60% of 5,5k theaters are shutdown. The film is also available on the studio’s streaming service HBO Max which is only available stateside, but will expand
The specialty box office and streaming space is ringing in 2021 with a peppering of new titles starting with Shadow in the Cloud starring Chloë Grace Moretz, which opens in select theaters and drops on VOD and digital starting January 1, 2021. Directed by Roseanne Liang who co-wrote the script with Max Landis, Shadow in the
AMC Entertainment on Wednesday filed to sell up to 50 million more shares in an ongoing quest to stay solvent as it outruns the pandemic. The nation’s largest theater chain registered the shares in an SEC filing this morning, adding to the 200 million it previously registered. It said it’s raised $104 million as of
Long before former Hulu chief Jason Kilar became disruptor in chief at WarnerMedia and put the entire 2021 Warner Bros slate on HBO Max, Fredric Rosen began changing the way concert tickets were sold as the Ticketmaster president/CEO, when the service became the leading computerized ticketing company in the world. He would become co-CEO of
Universal and DreamWorks Animation have tweaked their 2021 release schedule, moving the sequel The Boss Baby: Family Business from March to September. The shift to the new release date, September 17, had been the spot for DWA’s The Bad Guys, which is unset for now and will get a 2022 release. Universal made the announcement
As pollyannaish as it sounds, especially as the domestic 2020 box office crumbles to a historic all-time low of $2.27 billion due to the coronavirus pandemic, the global theatrical business is poised for a comeback in 2021. However, it might take a few months. How in God’s name can such a ridiculous projection be forecasted?
Sunday AM Final: We’ll have to wait and see what success WarnerMedia drums up in regards to Wonder Woman 1984‘s impact on HBO Max subscribers. But from a box office perspective over Christmas, with 60% of the 5,8K theater domestic market closed by COVID-19, the DC sequel posted a record result for the pandemic since theaters
Refresh for latest…: There was a bit more varied action at the international box office this weekend, including the continued rollout of Warner Bros/DC’s Wonder Woman 1984, a sizable start for China’s Shock Wave 2, the debut of Disney/Pixar’s Soul, The Croods: A New Age nearing $100M global, and a brand new milestone for Japan’s
Like the title suggests, Promising Young Woman brought a glimmer of promise to the specialty box office space. The Emerald Fennell-directed dramatic thriller starring Carey Mulligan debuted in 1,310 theaters in North America on December 25 earning an estimated $680K. Since making its world premiere at Sundance, the film has been getting tons of buzz and acclaim.
Warner Bros. isn’t reporting any official box office results for Wonder Woman 1984 on its opening Christmas Day — which various sources tell us was record-worthy for the pandemic stateside, disastrous by normal marketplace conditions — but various HBO Max users are taking to social media, in particular the @HBOMaxHelp Twitter handle, to voice their grievances over
WarnerMedia will be closing its Hong Kong theatrical office, with films from Warner Bros to be released by Universal Pictures in the market beginning January 1, Deadline has confirmed. Layoffs are expected in Hong Kong, though an exact number is not yet clear. A typically solid market, Hong Kong’s cinemas shuttered for the third time
Warner Bros. Pictures announced theatrical release dates for three big event movies tonight — and their intention is that they’re going straight to the big screen, not HBO Max and theaters. Those three are the George Miller Max Max prequel Furiosa on June 23, 2023, Dave Green’s animated hybrid Coyote vs. Acme on July 21,
Written and directed by Emerald Fennell (Killing Eve), the Focus Features dramatic thriller Promising Young Woman has been a buzzy awards season title before its Christmas Day theatrical release. The Los Angeles Film Critics Association named Carey Mulligan Best Actress for her turn as the methodical Cassie who is out for revenge while Fennell received honors
Warner Bros. drama Judas and the Black Messiah about Fred Hampton, the Illinois Black Panther Party Chairman who was betrayed by FBI informant William O’Neal, will open on Feb. 12, 2021 in both theaters and on HBO Max. The studio is planning to push the Shaka King directed feature for the current 2020-21 awards season. The pic
Typically, we’ve avoided weekend box office previews during the pandemic as there’s been nothing to pump up from a potential ticket sales outlook, however, Warner Bros.’ release of $200M tentpole sequel Wonder Woman 1984 merits a line, particularly with its unorthodox theatrical day and date HBO Max streaming plan on Christmas Day. Don’t expect much is
AMC Entertainment Monday unveiled plans to change its board structure in an agreement with majority shareholder Wanda America Entertainment, a division of Dalian Wanda Group of China. Wanda holds nearly 60% of the voting power of financially strapped AMC through ownership of all the company’s super-voting Class B shares. The nation’s largest theater chain said
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