In advance of the Senate’s passage of the $2 trillion relief bill, The National Association of Theatre Owners already is celebrating the agreement as a big win for movie theaters, particularly the $454B loan guarantee fund which will help cinemas get by on their fixed costs as local and state governments force a shutdown out of
Coronavirus Box Office
With the closure of movie theaters nationwide out of safety during the coronavirus, layoffs have been rampant, with the Big Three exhibitors contending with these atrocious times in varying degrees of severity. Word began to spread last week among distribution folks that Regal had been the most acerbic out of the three chains in the
This was inevitable given last night’s news that Disney was suspending global box office reporting for the time being: Comscore, the B.O. reporting agency and data cross-ways for exhibitors and distributors, is no longer issuing a North American Top 10, Global chart or commentary in the weekends ahead while theaters are shutdown. Essentially, if one
Just to give you an idea of how bad things are right now at the box office… While yesterday reached the lowest we’ve seen at the domestic B.O. with $260K for all titles, it’s not a historical low yet because we haven’t seen how horrible today is yet. Yesterday was -98% from the third Wednesday
We are hearing from U.S. industry sources as well as those on the ground in the PRC that the offices of China Film Group in Shanghai and those of China’s Film Bureau are re-opened for business, a sign that the country’s exhibition is on its way to a gradual recovery after being shuttered since the
Includes charts of the 2020 domestic box office standings to date, as well as final charts for the weekend of March 13-15 and Monday “For all intents and purposes, the industry is shut down” screamed one studio boss tonight about the state of exhibition, “What’s left that’s open?” With Cinemark shutting down tomorrow, the last