Exhibition

EXCLUSIVE: The last thing we needed to hear as the box office and exhibition are rebounding from the pandemic was a piece of bad news, but word spread like wildfire in distribution and exhibition circles Monday that the Arclight Cinemas and Pacific Theatres won’t be reopening. The chain, owned by Decurion, has issued a statement
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Sony’s Kevin Hart–Woody Harrelson action comedy Man From Toronto has set a release date of Jan. 14, 2022. The pic was taken off the theatrical release calendar as the pandemic took hold.  At one point, it was scheduled to open on November 20. Hart owns two of MLK’s biggest openings with Ride Along, ranked third with a
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EXCLUSIVE: We can tell you first that Top Gun: Maverick is leaving its July 2 weekend for November 19, taking over the release date where Paramount/Skydance’s other Tom Cruise sequel Mission: Impossible 7 resides. Meanwhile, Mission: Impossible 7 will now open on May 27, 2022, Memorial Day weekend, a holiday frame that has been a home for the
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2ND UPDATE, 12:12 PM: The bunny trail is busy again. Sony said today that its Peter Rabbit 2: The Runaway is moving up two weeks from Fourth of July weekend to June 18. The move comes just hours after after Paramount announced that its Top Gun: Maverick exited its July 2 slot and Blumhouse’s The Forever Purge is taking that
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AMC Entertainment shares were up more than 16% in midday trading in the midst of an aggressive rally powered by Gozilla Vs. Kong‘s $285 million global box office that “destroys lingering concerns around theatrical window importance and demonstrates a solid path to resurgence,” according to one Wall Street analyst. In a note early Monday, Eric
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Third-party streaming ratings firm Samba TV reported Monday that 3.6 million households watched at least five minutes of Warner Bros/Legendary’s Godzilla vs. Kong on HBO Max in the pic’s first five days on the site from March 31-April 4. While HBO Max didn’t provide any official viewership figures on Godzilla vs. Kong, previous data from Samba
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New York exhibitors had their hopes dashed Monday as Gov. Andrew Cuomo made no move at a press conferences to boost capacity at movie theaters in the five boroughs from 25% to a hoped-for 50%. The Godzilla vs. Kong weekend box office stampede ($285 million globally) shows that movie fans want back in theaters but
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Saturday AM Update: Godzilla vs. Kong is now up to $27.9M in three days after an $11.6M Friday at 3,064 locations, +73% over Thursday. The 5-day projection for the Adam Wingard-directed Warner Bros./Legendary title is $42M — far and away the best opening (3 and 5-day) we’ve seen at the domestic B.O. during the pandemic, meaning
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On Wednesday, moviegoers demonstrated that they were truly yearning to go back to the movies. How’s that? Warner Bros/Legendary’s Godzilla vs. Kong posted what is a record opening day during the pandemic with $9.6 million at the domestic box office from 2,409 theaters or $3,980 per location. Since mid-March 2020, when theaters closed, and slowly
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New Line’s Mortal Kombat is opening on April 23 now, not April 16. Last minute decision comes as Warner Bros. is about to sop up $20M-$30M over the next five days from the opening of Legendary’s Godzilla vs. Kong which will rep the biggest domestic B.O. opening during the pandemic. Also, given the heat on Mortal Kombat –the pic’s
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Venom: Let There Be Carnage will now hit theaters a week later than previously announced, on September 24. The Venom sequel will have the full suite of 3D, IMAX and premium large format screens. It will open opposite Paramount’s Antoine Fuqua actioner Infinite, Sopranos prequel film The Many Saints of Newark, Michael Showalter’s The Eyes of Tammy Faye and Stephen Chbosky’s
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Unlike Easter last year, we’re actually going to be able to go to the movies this weekend. With drive-ins solely operating in the U.S. and Canada as the main means of moviegoing, Universal last March released its DreamWorks Animation title Trolls World Tour into homes on Premium VOD for the rental price of $19.99 (over 48
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UPDATED: Warner Bros. has pushed up the release date for Hugh Jackman-starrer Reminiscence. Previously set to hit theaters and HBO Max on September 3, the film will now debut a week earlier, on August 27. The move takes the film out of Labor Day competition, with Paramount’s Jackass 4, Screen Gems/Constantin’s reboot of Resident Evil starring Kaya Scoldelario, and Marvel’s
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After Disney plopped its Ryan Reynolds action comedy Free Guy from 20th Century Studios on August 13, a week before Lionsgate’s sequel The Hitman’s Wife’s Bodyguard which also stars Reynolds, it stood to reason the latter would move. The new date for the Reynolds-Samuel L. Jackson sequel, which also stars Salma Hayek, is June 16.
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Cineworld CEO Mooky Greidinger said today that the No. 2 global exhibitor is “actively negotiating terms and structures of evolving theatrical windows with our studio partners.” He made the comment on an earnings call after Cineworld reported 2020 results which included its first-ever annual operating loss ($2.26B) as the industry has been greatly impacted by
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EXCLUSIVE: New York-based Bleecker Street has hired Derval Whelan as its new President of Distribution. She replaces Jack Foley, who exited his post at President of Distribution last year. A highly respected industry vet in exhibition and distribution circles, Foley was at Bleecker Street since its launch and worked with CEO Andrew Karpen for several
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Just when it looked like studios were going back to a theatrical window release pattern with today’s news of Regal and Warner Bros’ deal, Disney has smashes that to bits. Disney said Tuesday that it is opening both of its key summer events pics Cruella and Marvel’s Black Widow simultaneously in theaters and on Disney+ with
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Cineworld and Warner Bros have hatched a multi-year agreement that will see the No. 2 global exhibitor show the studio’s 2021 theatrical and HBO Max day-and-date titles in the U.S. as of their theatrical release. Then, beginning in 2022, Warner Bros theatrical releases will have a 45-day window of theatrical exclusivity at Cineworld’s Regal chain
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While it’s not really a time to take a victory lap at the box office with only 3,1k movie theaters opened out of U.S. and Canada’s 5,8K, five out of the eight Oscar nominated best pictures this past weekend in theatrical release reaped the halo effect of Monday’s noms. Keep in mind many arthouses, especially
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National CineMedia has clinched a deal with ATM.TV to air content on high-definition screens atop cash machines at 8,500 7-Eleven stores nationwide as the movie theater advertising network continues to expand in digital out of home locations. CEO Tom Lesinski teased the ad sales partnership on an earnings call last week. It’s the fourth deal
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EXCLUSIVE: “That’s the first time I’ve seen the movie in a movie theater; I get chills,” beamed filmmaker Eddie Huang tonight watching his feature directorial Boogie at the AMC Century City 15. “My mother is in that first scene, and I just had to see how it looks,” he gushed. The director and writer of the
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Saturday AM Update: There’s lots of good news ahead at the box office, but we’re not quite there yet. The No. 1 box office market, Los Angeles (over $900M in 2019), won’t begin to really wake up until next weekend, and then the industry’s only headache is waiting for capacity restrictions to increase well beyond
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Dalian Wanda, which acquired AMC Entertainment in 2012, surrendered control of the struggling exhibitor as it issued and sold tranches of new stock to raise cash — diluting the stake of the Chinese conglomerate. CEO Adam Aron confirmed the Wanda era was over although the company continues to be AMC largest single largest shareholder. Wanda
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AMC Entertainment revenue plunged last quarter to $162 million from close to $1.5 billion the year before as the global pandemic squeezed exhibition. That beat expectations, coming about $20 million above Wall Street’s consensus estimates. The stock is up 3% in late trading. Net losses widened to $946 million, including a hefty one-time impairment charge,
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It’s looking like movie theaters will be given the opportunity to finally reopen here in Los Angeles County as early as next week. Today, for the first time ever, LA County’s Covid-19 numbers dipped into the red tier of Gov. Gavin Newsom’s Blueprint for a Safer Economy. Deadline’s Tom Tapp reports that if Los Angeles
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