Donna Langley, chairman of Universal Filmed Entertainment Group, and Ann Sarnoff, chair and CEO of Warner Bros had the same reaction Thursday when asked if their companies had any interest in buying movie theaters. They laughed. “We have no plans to do that currently,” Langley said, appearing with Sarnoff and CBS CEO George Cheeks on
Exhibition
In another blow to the industry, the French government has ordered a curfew in several major cities across the country. From Saturday, residents of L’Ile de France (which includes Paris and its environs), Lyon, Marseille, Aix-en-Provence, Lille, Grenoble, Montpellier, Rouen, Toulouse and Saint-Etienne will be under a strict curfew from 9PM to 6AM. This will
As the exhibition industry teeters, global cinema owners beseeched New York Governor Andrew Cuomo to reopen theaters in areas of the state with low infection rates. The response was not promising. The executive committee of the Global Cinema Federation — led by Alejandro Ramirez Magaña, CEO of Cinépolis, in a letter to the governor Wednesday,
Exhibition shares took a beating Tuesday as AMC Entertainment announced its cash might be gone by year end and Walt Disney became the latest big content company to restructure operations around streaming. As theaters reopen to limited audiences without key New York and Los Angeles markets and a paucity of new studio fare, heavily indebted
Alongside Czech Republic and parts of Romania, Slovakia is now among the latest Central European countries to order the re-shuttering of its cinemas amid an escalation of COVID-19 cases, Deadline has confirmed. Movie theaters in Slovakia will close from this Thursday (October 15) after originally closing on March 9 and reopening May 20. A state
Things are going from bad to worse in exhibition as AMC Entertainment said Tuesday its cash will be gone by late this year or early next and it’s exploring potential sources of additional liquidity, including asset sales, joint ventures or minority investments. The nation’s largest movie chain, like others in the industry, has been struggling
Digital movie ticketing platform Atom Tickets and the Independent Cinema Alliance (ICA) have teamed to offer contactless, digital ticketing to moviegoers. ICA reps more than 175 companies and 3,000 screens. The first group of theatres to sign on and activate digital ticketing under the partnership include Premiere Cinemas (Texas, Alabama, Florida, Mississippi, New Mexico and South
Disney last week moved Pixar’s Soul off of its domestic November 20 date and onto Disney+, where it will now be released December 25 in the U.S. and other global markets where the streaming service is available. Similar to its move with Mulan, the decision has upset European exhibitors who are starved for major new
With Cineworld and Picturehouse cinemas temporarily closed in the UK from this past Friday, Cineworld Group CEO Mooky Greidinger has written to UK Prime Minister Boris Johnson asking the government to reinstate the furlough program that benefited employees under the exhibition giant’s previous COVID-imposed closure, while also suggesting other measures to aid the industry. In
Regal Cinemas is taking it to the streets, with the marquee of its iconic and shuttered Times Square multiplex admonishing New York Governor Andrew Cuomo for being just about the last pol in the country to reopen cinemas. “48 states have reopened theatres safely. Why not New York, Governor Cuomo?” blared from that strip of
EXCLUSIVE: No, it’s not all bad news for exhibition out there in the pandemic. Deadline has learned that seven Regal theaters–the only ones in the Cineworld owned U.S. chain– will remain open in California. The news comes after Cineworld announced that it was closing its UK locations and its Regal chain earlier this week on
Thanksgiving Week just got a lot more grim at the box office as Disney on Thursday moved its bit Pixar movie Soul to Disney+, where it will now be released on December 25. It had been set for a November 20 release in domestic theaters. The Soul release date move was expected following the departure
Imax Corp. has decided to furlough 150 workers due to the withdrawal of movie studios from the theatrical marketplace due to COVID-19. The large-format film company’s auditoriums have fared well in China and across Asia in reopening during COVID-19, but it has reached a crossroads in much of the rest of the world. Just about
Cinemark, the No. 3 theatrical exhibitor in the U.S, confirmed Monday that it is currently planning to stay open during the pandemic. The news comes in the wake of Cineworld’s plans to close its Regal movie theaters nationwide on Thursday until further notice, in large part due to New York continuing to be shuttered and
Thanks, but no thanks, San Francisco Mayor London Breed. While San Francisco County gave the go-ahead for movie theaters to reopen today, members of the National Association of Theatre Owners of California/Nevada have unanimously agreed to remain closed in the City by the Bay. Why? San Francisco current ban on movie concessions “makes it economically
In the wake of Cineworld’s decision to shutter its UK venues and Regal U.S. theaters, AMC, the No. 1 exhibitor in the world, will remain open. AMC joins No. 3 exhibitor Cinemark in staying open during the pandemic, despite Cineworld and Regal’s plans to close this Thursday. More than 80% of AMC’s U.S. circuit is
New York City will shutter nonessential businesses again in new COVID clusters in Brooklyn and Queens and restrict restaurants to takeout only as well as shutting schools and clamping down on religious services and mass gatherings, Governor Andrew Cuomo said Tuesday. The measures, under a newly unveiled ‘Cluster Action Plan,’ are stricter than what Cuomo
EXCLUSIVE: Vue International CEO and founder Tim Richards wants to avoid “the nuclear option” of temporarily closing his cinemas in the UK and other overseas markets amid recent shifts to the landscape. However, in the wake of the news that MGM’s No Time To Die was pulling out of November and heading to April 2021,
We’re hearing that Warner Bros. release of Legendary’s Dune is no longer going on Dec. 18, rather Oct. 1, 2021. Right now that’s the same release date as Matt Reeves’ The Batman, so we have to figure Warners moves Batman. The studio hasn’t officially re-dated The Batman yet. Many in distribution land always believed it was too good to be
The risk of patrons gathering as they come in and out of shows is one reason why New York State is reluctant to open movie theaters, or even publish guidelines ticking off measures that would lead to a reopening as it’s done with other industries, according to a state official. Exhibition players have been confused
The town is still shell-shocked by yesterday’s news about Cineworld’s pending indefinite shutdown of its UK theaters this coming week. What we’re hearing now looks to be an expected partial shutdown of the U.S. No. 2 chain Regal. Cineworld tweeted out this morning the following statement, “We can confirm we are considering the temporary closure
In response to MGM’s No Time to Die moving out of the Thanksgiving corridor to Easter weekend 2021, Cineworld, owner of U.S. Regal chain, is closing down 128 of its UK and Ireland cinemas as of next week. The Sunday Times in the UK teased the front page of their edition tonight, which had the news
Days after the entertainment industry joined cinemas in asking Congress to rescue exhibition, ratings agency S&P downgraded debt of the world’s biggest chain, AMC Entertainment, calculating it has six month of cash left unless things materially improve. The stock mostly shrugged off the news, down 0.4% to $4.63. But that’s half of where it was
MGM’s No Time to Die is officially heading to April 2, 2021, Easter weekend, and vacating its Nov. 20 release date. “MGM, Universal and Bond producers, Michael G Wilson and Barbara Broccoli, today announced the release of No Time To Die, the 25th film in the James Bond series, will be delayed until 2 April in order to be seen by a worldwide theatrical audience. We
Universal said Friday that F9 is moving to May 28, 2021, which is Memorial Day weekend. The move comes after MGM moved its James Bond pic No Time to Die to April 2, 2021 — which had been the release date of the latest installment of the Fast and the Furious franchise. Universal is handling
Cinemas in India will get a reprieve beginning October 15 when they are allowed to open outside containment zones. The Ministry of Home Affairs made the announcement late Wednesday, saying that restrictions will include 50% seating capacity. Further guidelines will be issued by the Ministry of Information and Broadcasting. The move means movie theaters will
EXCLUSIVE: With the domestic box office still ailing, studios have been keen to make their finished films revenue events to the widest audience possible, maximizing profits by whatever means. For MGM’s Orion, that meant releasing the long-awaited Keanu Reeves-Alex Winter threequel Bill & Ted Face the Music on Premium VOD and whatever theaters would play it
San Francisco Mayor London N. Breed and county officials finally gave the go-ahead for movie theaters to reopen on Oct. 7, despite the fact that California state health officials said it was OK to do so weeks ago. That might come as good news for Warner Bros.’ Tenet, which has always pegged the city as
Refresh for updates, analysis and chart: The depressed state of the box office continued into its fourth weekend since the big three exhibitors reopened with Warner Bros.’ Tenet still No. 1 with $3.4M, -26%. To date, the Christopher Nolan time-twisting noir has collected $41.2M at 2,850 locations in a domestic market that’s 75% opened with
Watching Wayne Wang’s Coming Home Again, set for a virtual release (online, but through individual theaters) by Outsider Pictures on Oct. 23, delivered a jolt. Like getting nicked by a live wire. The picture is so small–shot in just over three weeks on a micro-budget. So personal: The story is about a young Korean-American man
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