Refresh for latest…: Sony Corp is reporting its full year 2019 earnings from Tokyo this morning with a 28.4% dollar increase in profits at Sony Pictures Entertainment. The division recorded $628M in operating income, up from $489M the previous year. The significant hike, which is through March 31, 2020 just after the coronavirus pandemic had
COVID-19
After initially delaying this year’s CineEurope exhibition convention from June to August in Barcelona, organizers have now decided to scrap the 2020 event altogether. In a note today, Film Expo Group said, “With concern for the health and safety of our attendees as our absolute priority, we regret to inform you that we have decided
Chinese authorities will allow further leisure venues, including cinemas, to gradually re-open now that the coronavirus pandemic has largely been controlled in the country, the top administrative body said on Friday. This comes after movie theaters were shuttered nationwide in January, ultimately dealing a $2.5B+ loss to the box office in just the first quarter.
Marcus Corp, which owns the nations fourth largest movie chain as well as restaurants, hotels and resorts, swung to a loss last quarter, hit by theater closures and one-time charges. A net loss of $19.3 million compared with a $1.8 million profit the year before. Revenue dipped 6.2% to $159 million The company cited nonrecurring
EXCLUSIVE: Despite recent, scattered press reports suggesting New York Gov. Andrew Cuomo was snubbing Broadway by shutting the industry out of his New York Forward Re-Opening Advisory Board, the state and the theater industry are working closely on how to re-start, Charlotte St. Martin, president of the Broadway League, tells Deadline. “We are completely aligned
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
French Prime Minister Edouard Philippe has announced new measures to control the spread of the coronavirus with gatherings of more than 100 people forbidden for the foreseeable future. This is down from the previous 1,000 person limit and follows President Emmanuel Macron’s speech last night which stipulated that all schools and universities in the country