Exhibition

Update Feb. 19, 2021: Those wishing to see Elle and Dakota Fanning in WWII drama The Nightingale will have to wait even longer. Sony is pushing the drama to Dec. 23, 2022. The pic was previously moved to Dec. 22 of this year. Elle Fanning is currently in production on Hulu/MRC’s second season of The Great.  Christmas
0 Comments
In the span of six days, the Chinese box office roared to a $1.2B Lunar New Year record, with Wanda Pictures’ Detective Chinatown 3 setting global benchmarks for the biggest opening day and weekend in a single market. This happened even as some Covid restrictions remain in place in the Middle Kingdom. While the pandemic
0 Comments
New York Gov. Andrew Cuomo Wednesday set reopening dates for amusement parks, indoor family recreation centers and summer camps — the latest venues to get a nod as movie theaters in the city remain shuttered. That’s despite Manhattan having the lowest Covid-19 infection rate in New York — 2.5%, confirmed at the governor’s press briefing
0 Comments
Movie theater advertising network National CineMedia has inked a deal with Harkins Theatres, expanding its foothold in the Southwestern U.S. as it hopes movie-going will pick up this year. Privately-owned Harkins, the nation’s fifth-largest exhibitor and biggest independent chain, has signed a long-term cinema advertising affiliate agreement to bring NCM’s Noovie pre-show entertainment to its
0 Comments
Sony Pictures Classics has made some tweaks to its release schedule for four upcoming pics and one that’s already in theaters. The distributor run by co-presidents Michael Barker and Tom Bernard said that Dror Moreh’s documentary The Human Factor, which opened last month in Los Angeles and New York, will go nationwide in theaters on May 7.
0 Comments
Shares of AMC Entertainment are down nearly 40% today on another wild ride, reversing gains after an explosion of support by retail traders that started last week catapulted stock of the pandemic-pummeled chain to levels not seen since 2017. Around midday, shares of the nation’s largest cinema operator are changing hands at $8.21 That’s still
0 Comments
Shares of the happiest of exhibitors AMC Entertainment continued an upward trajectory Monday fueled by retail traders on Reddit chat rooms, even as a leading Wall Street analyst downgraded the stock to ‘sell’ and valued it at $1. “In our view, the recent volatility and spike in the company’s stock, thanks to the Reddit/WallStreetBets crowd,
0 Comments
AMC Entertainment said Silver Lake Group is converting $600 million worth of the theater chain’s debt that it holds into stock at a conversion price of $13.51 a share, a surprise all around considering the exhibitor’s shares were languishing below two bucks earlier this month. The giant investment firm partnered with AMC back in 2018
0 Comments
Struggling AMC Entertainment said early Monday it has raised or signed commitments for $917 million including additional financing since December, calling it “enough cash to “make it through this dark, coronavirus-impacted winter.” “This means that any talk of an imminent bankruptcy for AMC is completely off the table,” said CEO Adam Aron in a statement.
0 Comments
Warner Bros is moving The Many Saints of Newark from March 12 to Sept. 24. New Line is releasing. Remember, WarnerMedia announced that its entire 2021 slate is going theatrical and HBO Max at the same time, but big chains like AMC are negotiating terms on a film by film basis. So that means not everything Warners
0 Comments
As we first told you last month, Legendary and Warner Bros are poised to settle their fight over Godzilla vs. Kong, the fourth monster movie between the two which the former financed the $200 million-plus production at 75%, with the movie keeping its simultaneous theatrical and HBO Max release date May 21. Meanwhile, a settlement over
0 Comments
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
0 Comments
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
0 Comments
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
0 Comments
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
0 Comments
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
0 Comments
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
0 Comments
EXCLUSIVE: CAA is the latest to blast WarnerMedia on its decision to place its entire 17-film slate on HBO Max at the same time the films are released in U.S. theaters in 2021. Sources said that at an agency staff meeting, CAA president Richard Lovett read aloud a letter that he sent to WarnerMedia CEO
0 Comments
Can cinemas play day-and-date releases from Warner Bros after continually refusing to show Netflix films? The big circuits have to be feeling really stupid now: If they had only made a deal with Netflix last year on Martin Scorsese’s The Irishman at a 45-day window instead of emphatically rejecting one, perhaps this looming apocalypse brought on
0 Comments