Exhibition

EXCLUSIVE: In a weekend where Warner Bros.’ Christopher Nolan’s Tenet was expected to reopen the major circuits, Disney’s reissue of 2017’s Beauty and the Beast led all titles with an estimated $467K at 527 locations. Disney/Marvel’s Iron Man was second with $430K at 462 sites. Beauty and the Beast ranked No. 1 in its first weekends of the box office, opening
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Updated, July 20: In the wake of Warner Bros. moving Tenet temporarily off the schedule, and the news being exactly unclear as to when theaters reopen, Sony is temporarily undating their Selena Gomez-executive produced romantic comedy Broken Hearts Gallery. The intent is for the film to still go theatrical –not PVOD– but I hear the studio is in a wait-and-see
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Imax China has expanded its decade long partership with Wanda Film Co. with a twenty-theater agreement that calls for Wanda to upgrade Imax systems in ten existing locations in major cities and install the technology in ten new ones, the companies said Thursday, as China prepares to reopen its shuttered theaters starting July 20. The
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Cowen analyst Doug Kreutz downgraded Walt Disney shares Thursday, reduced earnings estimates and cut its price target on the stock anticipating a more prolonged impact on parks and resorts as the spread of COVID-19 accelerates in the U.S. Walt Disney World reopened at limited capacity last weekend amid the surge. Kreutz said he thinks there’s
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UPDATED, July 17: Lionsgate said Friday that Roadside Attractions’ romantic drama The Secret: Dare To Dream, starring Katie Holmes and Josh Lucas, will be released on Premium Video on Demand on July 31. In March, the pic based on based on Rhonda Byrne’s 2006 global bestselling self-help book, had to postpone its April 17 theatrical
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EXCLUSIVE: [REC], the 2007 Spanish found-footage horror movie that grossed $32.5M off a minimal budget, is getting a special re-release in the 4DX format, becoming the first Spanish non-CGI title to be adapted into the technology. 4DX, originally developed by South Korean company CJ, augments a film experience with practical effects such as motion seats,
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UPDATED with details of restructuring: AMC Entertainment Friday announced a sweeping restructuring that will bring in $300 million in fresh coin, reduce debt by as much as $630 million and lower cash interest expense by up to $200 million. The debt restructuring agreeement, anticipated by Deadline Thursday, will keep the chain running through spring even
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EXCLUSIVE: Last year, Sony ruled the Independence Day box office frame with Marvel’s Spider-Man: Far From Home, and this year the studio again can tout that it won the holiday period with their reissue of the 1984 classic Ghostbusters, which grossed $550,000 over the three-day weekend, and $656K since its re-opening July 1. And if you
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Editors Note: Journalist-turned-filmmaker Rod Lurie just oversaw the release of The Outpost, an adaptation of a book by CNN host Jake Tapper on the courageous stand made by a small group of U.S. soldiers against hundreds of Taliban fighters in Afghanistan. Films are often graded by box office grosses, something that has become a meaningless
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101 Studios will release the Robert De Niro family comedy The War With Grandpa on Sept. 18 wide in conjunction with financier Brookdale Studios. Marro Media Company financed and produced the Tim Hill (The SpongeBob Movie: Sponge on the Run) directed movie based on the children’s fiction novel of the same name by Robert Kimmel
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Warner Bros. is moving its Christopher Nolan action thriller Tenet again — this time from Friday, July 31, to Wednesday, August 12. Nolan’s 10th anniversary reissue of Inception now will open on July 31 instead of July 17. The decision comes in the wake of COVID-19 cases spiking to a new national high of 45K on Wednesday, and
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As Regal Entertainment owner Cineworld prepares to re-open its movie theaters, the group has agreed a $250M secured debt facility with a set of private institutional investors. The new facility reaches maturity in 2023 and follows covenant amendments and a revolving credit facility increase of $110M set at the end of last month. Under that
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Alamo Drafthouse will be requiring all its moviegoers, coast to coast, to wear masks to its theaters. “When we open, the safety of our teammates and guests cannot be compromised. This is not political,” the chain said in a statement Friday on Twitter. “We will require that guests wear masks at the theater (except when
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In the wake of making some controversial statements to Variety yesterday about AMC not mandating face masks in areas that aren’t requiring it during the COVID-19 pandemic, CEO Adam Aron has changed his opinion hearing the social media backlash and is now requiring patrons to wear masks. “At AMC, we have been consulting with top
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The UK’s Cinema First has announced that 450 films will be made available for theatrical screenings once movie theaters re-open for business in the coming weeks. The content has been collated by the Film Distributors’ Association with the aim of aiding programmers and cinema operators to choose the widest possible mix of product that will
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The 2020 edition of CineEurope got underway online today with executives chiming in on what exhibition and distribution will look like as coronavirus restrictions ease. The studios normally would have been in Barcelona this week to show off their upcoming slates to European exhibitors. Instead, Film Expo Group did a nice job of pivoting to
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