When it comes to evaluating the financial performance of top movies, it isn’t about what a film grosses at the box office. The true tale is told when production budgets, P&A, talent participations and other costs collide with box office grosses and ancillary revenues from VOD to DVD and TV. To get close to that
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When it comes to evaluating the financial performance of top movies, it isn’t about what a film grosses at the box office. The true tale is told when production budgets, P&A, talent participations and other costs collide with box office grosses and ancillary revenues from VOD to DVD and TV. To get close to that
Broadway will remain closed through June 7, a two-month extension of the current coronavirus shutdown that would seem to retroactively end the 2019-2020 Broadway season with the March 12 shutdown. The extension announcement was made today by the Broadway League, the trade group representing theater owners and producers, which had been in discussions with theatrical
EXCLUSIVE: With the recent shutdown of movie theaters due to COVID-19, the STX action family comedy My Spy, which was last scheduled for theatrical release on April 17, is heading to Amazon Prime. Amazon Studios picked up the Peter Segal-directed PG-13 movie from STXFilms and MWM Studios for U.S. and key foreign territories. A streaming date will
When it comes to evaluating the financial performance of top movies, it isn’t about what a film grosses at the box office. The true tale is told when production budgets, P&A, talent participations and other costs collide with box office grosses and ancillary revenues from VOD to DVD and TV. To get close to that
UPDATED with video New York Gov. Andrew Cuomo expressed skepticism about Broadway’s just-announced June 7 reopening date. “I wouldn’t use what Broadway thinks as a barometer of anything unless they’re in the public health business and have seen better numbers and models,” Cuomo said at his daily COVID-19 briefing. Asked by a reporter if he
A group of 51 European film and audiovisual organizations and individual companies has released a call for action by EU and member state decision makers to safeguard the future of the sector in the wake of the coronavirus pandemic. The statement, see it in full below, says the industry requires “urgent financial support now and
In the wake of a S&P Global report that forecasted AMC Entertainment’s depletion of cash by mid-summer and its potential inability to re-open by June, media reports have already written the chain’s obituary. But hold on one moment. While distribution and rival exhibition sources wouldn’t be shocked if AMC files Chapter 11 in the near
EXCLUSIVE: David Slade’s feature adaptation of horror novel Dark Harvest is now scheduled to open on Sept. 24, 2021. The project repped MGM Film Group Chairman Michael De Luca’s first notable deal at the studio upon his recent arrival. Dark Harvest was previously set up at New Regency which put the project in turnaround. Dark Harvest will go
As it faces up to the huge coronavirus challenge, exhibition giant Cineworld has suspended payment of its 2019 fourth quarter dividend of 4.25c per share and upcoming 2020 quarterly dividends in a bid to “conserve cash wherever possible”. The Regal-owner also announced today that executive directors will defer payment of their salaries and bonuses. Non-executive
Fourteen theaters in the United States remained opened at the weekend box office according to recent reports obtained by Deadline, 13 of them were drive-ins. Those locations standing tall in the COVID-19 climate included the Van Buren Drive-in in Riverside, CA; the Mission Tiki in Monclair, CA; the Galaxy Drive-in in Ennis, TX; the Glendale
EXCLUSIVE: Last year’s Tribeca Film Festival winning-title The Short History of the Long Road will be hitting VOD on June 16 via FilmRise. Written and directed by Ani Simon-Kennedy, the film tells the story of Nola (Sabrina Carpenter), a teenager who grew up living out of a van with her beloved father Clint (Steven Ogg),
Middle East distributor Front Row Filmed Entertainment is shifting a raft of theatrical releases online due to the COVID-19 pandemic, which has shuttered cinemas across the region. It’s rare for MENA distributors to forego theatrical releases on decent-sized movies given strict windowing rules. But the current climate will see Front Row kick off ‘Premium VOD’
Paramount just made some release date changes given the unpredictable coronavirus climate. The long-awaited Tom Cruise Skydance sequel Top Gun Maverick is now going on Wednesday December 23, 2020, instead of June 24. This will push the Chris Pratt sci-fi Skydance movie The Tomorrow War to an unset date. The new date for Top Gun Maverick gives the
There are more than enough streaming and VOD titles of all genres in the specialty arena making their debut this weekend as they shift from theatrical to streaming for your quarantine entertainment. For those who need to quench their thirst for a rom-com, Mike Doyle’s Almost Love is set to premiere. The Vertical Entertainment film made
IMAX has appointed Brett Harriss as Senior Vice President of Investor Relations. In his role, Harriss will oversee the company’s global investor relations strategy and serve as its lead with the investment community. Harriss will report directly to IMAX CEO Richard Gelfond out of the Company’s New York office. “Brett brings a deep understanding of
More betting by the major studios that moviegoing occurs later this season in the coronavirus climate, than earlier this summer as Universal/MGM’s Candyman reboot moves from June 12 to Sept. 25. In the wake of Paramount, Warner Bros. and Sony shifting their movies out of the earlier part of summer as questions hang over when exhibition
The mother studio of franchise pics, Disney, made some release date changes today which further underscores studios’ planning that the summer box office season starts later than sooner. With Artemis Fowl, originally on Memorial Day weekend, heading to Disney+, and Universal’s Candyman now on Sept. 25, Disney/Pixar’s Soul is left standing at the expected first pic of summer. First off, despite
With movie theaters closed to hopefully no later than early June, the major studios have a permission slip to test out big pic releases in the home. Now, they’re not so insane that they’ll burn down the house to keep warm. Major movies like Disney’s Mulan and Black Widow which have the potential to do $1 billion at
France’s National Film Center, the CNC, has taken measures to relax the country’s notoriously strict windows policy during the coronavirus pandemic. A reduction from the traditional four-month delay between theatrical release and DVD or TVOD was earlier granted for all titles that were already in cinemas on March 14, while movies whose release was set
In what is considered an anomaly in the industry for an on-demand rental title (not sellthrough): Dreamworks Animation/Universal’s Trolls World Tour is now available for pre-order on FandangoNOW in advance of the pic’s April 10 availability date. While pre-orders for sell-through titles like Bad Boys for Life are quite common, that’s not the case with VOD rental titles. In
Support measures for exhibitors in Korea were unveiled this week which include seeing them exempted from paying into the national movie development fund, as one of the world’s biggest markets suffers cinema closures and all-time box office lows amid the coronavirus crisis. Deputy Prime Minister and Finance Minister Hong Nam-ki announced the moves on Wednesday,
The Alamos Drafthouse has launched “Alamo-At-Home,” and as the initiative suggests, it will bring the spirit of the Drafthouse into homes through its signature programming series “Terror Tuesday” and “Weird Wednesday.” “The entire reason Karrie and I built theaters in the first place was to bring people together in a celebration of film,” says Tim
EXCLUSIVE: A majority of moviegoers definitely plan to head back to movie theaters once COVID-19 quells, however, 56% will take their time. The results were unveiled this morning in analytics corp EDO’s “Social Distancing Moviegoing and TV Habits” report which polled 6,8k respondents nationwide last week (March 24-28), largely moviegoers, on their at-home viewing habits
Last week, Illumination/Universal’s Minions: The Rise Of Gru stepped off of its global release which was previously set for late June in some offshore markets and for July 3 domestically. It has now been scheduled for July 2, 2021, taking the slot that belonged to Sing 2, which in turn is now headed to Christmas
Deadline has confirmed that Lionsgate has put re-structuring in effect largely in their film marketing and distribution departments, laying off a company- wide number in the high teens according to a source familiar with the matter. I understand this was in the works for some time, and in no way related to the great COVID-19
AMC Theatres CEO Adam Aron sat down for an interview on CNBC’s Squawk Alley today, telling the show’s hosts that the chain’s possible re-opening between May to mid-June is still “more of the right timing, but nobody knows.” Aron shut down the biggest exhibition chain out of coronavirus safety on March 17, and believes a three-month window
It might appear that Sony just gutted their 2020 schedule. WTF just happened? Did the studio suddenly abandon all hope in its slate? That’s hardly the case: it’s just insurance for the future. And, yes, by and large, all the schedule changes that occurred tonight were in response to the current coronavirus climate. With various
Editors’ Note: With full acknowledgment of the big-picture implications of a pandemic that has already claimed thousands of lives, cratered global economies and closed international borders, Deadline’s Coping With COVID-19 Crisis series is a forum for those in the entertainment space grappling with myriad consequences of seeing a great industry screech to a halt. The
What an amazing weekend this would have been at the box office, that is if all was well in the world. Disney originally had their live-action version of Mulan fired up to go before the worldwide exhibition shutdown occurred, plus it would have been sharing the marquee with the second-weekend of Paramount’s A Quiet Place Part
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