We knew Warner Bros’ Barbie and Universal’s Oppenheimer were going to be big — but not this big. Paramount’s Tom Cruise sequel Mission: Impossible – Dead Reckoning Part One learned that the hard way (65% Weekend 2 decline with $19.3M) by going one weekend before the dual tidal wave, trying to avoid the wake of
Exhibition
CEO Adam Aron said a court ruling Friday that makes it harder for AMC Entertainment to raise cash has serious implications for the circuit’s financial stability — a blowout ‘Barbenheimer’ weekend at the box office and surging share price notwithstanding. “AMC must be in a position to raise equity capital. I repeat, to protect AMC’s
When it comes to the road to blockbuster glory, some projects are willed, some happen instantaneously, while others go through a long development hell. That’s just what happens when you’re perfecting toward a hopeful billion-grossing title. In the case of Mattel’s Barbie, it was arguably a 14-year journey that began at Universal. It stands to
AMC Entertainment set a new post-Covid record for global admissions revenue this past weekend with Barbie and Oppenheimer leading a charge that drew 7.8 million moviegoers to theaters. Warner Bros/Mattel’s Barbie racked up $162 million opening weekend. Universal’s Oppenheimer stands at $82.4 million for a $300 million weekend at the domestic box office. For Imax, Christopher Nolan’s Oppenheimer delivered a $35 million debut
Searchlight Pictures’ comedy Theater Camp held its own on a big weekend of box office coin flowing in from Barbie and Oppenheimer. Molly Gordon and Nick Lieberman’s Sundance-winner (U.S. Dramatic Special Jury Award for Ensemble) expanded to 10 markets/51 theaters, up from six locations in New York and LA opening weekend, taking in an estimated $266,000
AMC Entertainment is dropping Sightline, a controversial variable pricing program for seating it announced earlier this year. The giant theater chain said today that after a pilot in three locations, it saw little or no increase in patronage of cheaper front row seating, despite a modest price reduction for the seats. The test did show
In a contorted legal case, a Delaware judge today struck down a settlement that would have helped AMC Entertainment move ahead with steps to raise cash and shore up its stock. “To cut to the chase, the settlement cannot be approved as submitted,” Judge Morgan Zurn of Delaware Chancery Court wrote in a 69-page opinion
Return To Dust, an arthouse hit in China last summer before being pulled from release, opens Stateside this weekend with Film Movement presenting on two screens – NYC’s BAM Rose Cinema and the Gene Siskel Film Center in Chicago, expanding to LA and Seattle next Friday. The distributor acquired the film directed by Li Ruijun
Florida detectives are searching for an attacker who beat a 63-year-old man who asked him to move from reserved seats into an adjacent space. The attack happened on July 10 at an AMC Theater at 2315 N. Federal Highway in Pompano Beach, Florida shortly before 10 PM. The movie the victim purchased tickets for was
Alamo Drafthouse Cinema said CEO Shelli Taylor is retiring in August and named president Michael Kustermann as its new chief executive. The fast-growing dine-in chain, that’s been hugely successful luring post-pandemic moviegoers back to theaters, said its board of directors, including Taylor and executive chairman Tim League, selected Kustermann as Taylor steps down, effective August
Searchlight Pictures’ Sundance-winning original comedy Theater Camp will take in an estimated $281,172 or $46.9k per theater at six locations opening weekend — the best limited opening for the distributor since Jojo Rabbit in the fall of 2019 ($349k in five locations). That’s after the A CinemaScore film on Sunday pulled ahead of Searchlight’s The
Expressing solidarity with Hollywood actors on Day 1 of the SAG-AFTRA strike, specialty distributors polled were anxiously juggling opening weekend Q&As and movie premieres without talent. They were trying to clarify which actors on what international productions are SAG-AFTRA, bound by the guild, or neither. And, for those involved in production, trying to pin down
Sony/Stage 6 Films/Blumhouse’s Insidious: The Red Door may have stolen No. 1 away from Indiana Jones and the Dial of Destiny at the weekend box office, but Angel Studios’ indie wonder Sound of Freedom won Monday with an estimated $4 million. All of this before Paramount/Skydance’s Mission Impossible – Dead Reckoning Part One takes all
A sci-fi comedy by Mel Eslyn and a literary noir by Alice Troughton – who are, respectively, the longtime producer for the Duplass brothers, and an award-winning UK television director (Dr. Who, Cucumber, The Living And The Dead) — debut in limited release this weekend, alongside Adele Lim’s Joy Ride, a Lionsgate wide-release – marking
Sony/Stage 6 Films/Blumhouse’s fifthquel Insidious: The Red Door nearly locked out Indiana Jones and the Dial of Destiny yesterday at the box office. The Patrick Wilson starring and directed PG-13 horror film scared up $5M in previews at 2,806 locations that began showtimes at 4PM. That amount of money is very close to what Indy
UPDATE, 2:20PM: Disney/Lucasfilm’s Indiana Jones and the Dial of Destiny officially wins Tuesday with $11.698M over Sound of Freedom‘s reported $11.5M. Monday revised on Dial of Destiny was $11.7M, which means business was even on July 4th; and that’s solid for any tentpole on that holiday. 5-day on Dial of Destiny is $83.7M. PREVIOUS: Angels
Vietnam has banned commercial screenings of Warner Bros’ Barbie due to a scene that depicts a map of the South China Sea with the “nine-dash line” that is contested by the Vietnamese government. The film, directed by Greta Gerwig and starring Margot Robbie and Ryan Gosling, was scheduled for release in Vietnam on July 21.
UPDATED EXCLUSIVE: Angel Studios’ thriller Sound of Freedom starring Jim Caviezel has seen its presales spike to $10 million. This is before the pic’s opening on July 4 in north of 2,600 locations. Many rivals are tracking this semi-faith-based, based-on-a-true-story title about about former Homeland Security agent Tim Ballard, who took rescuing abducted children around
Refresh for chart…On the bright side for Independence Day bomb Indiana Jones and the Dial of Destiny, its first five days at the box office of $82M aren’t as bad as Paramount/Skydance’s Terminator Genisys. That sequel’s launch just prior to July 4, 2015 left a lot of methane in the air with $42.4M in its
We’ve had a couple of tentpole missteps here this summer, read Indiana Jones and the Dial of Destiny this weekend with $60M, The Flash and Elemental; putting the running summer box office at $1.88 billion for May 1-July 2. That’s close to -2% off from the $1.91 billion reached over the same frame last year.
As Regal parent Cineworld prepares to exit Chapter 11 this month, rumors are heating up over who will emerge as the giant theater chain’s new chief executive, with reports Monday pointing to Eduardo Acuna of Cinepolis. Longtime Cineworld CEO Moody Greidinger has a consulting contract during a transition period but isn’t likely to stay in
Fans of The Name of The Rose author Umberto Eco turned out in NYC, boosting the documentary on medieval scholar turned novelist and social commentator to over $9.1k on one screen – a nice showing by The Cinema Guild for a foreign language documentary on a solid weekend for some indie and arthouse fare. Umberto
A trio of docs and a wider-than-usual run for a Vertical thriller populate a specialty weekend with fewer new openings as theaters stick with Asteroid City and devote screens to Indiana Jones and Ruby Gillman, Teenage Kraken. Call it jittery Friday as the indie community like the rest of Hollywood awaits news from SAG-AFTRA as
SATURDAY AM: Refresh for chart…and more analysis Disney/Lucasfilm’s Indiana Jones and the Dial of Destiny is still bound to open at the bottom of end of tracking’s projection of $60M as this morning. I saw an estimate in The Flash vicinity of $55M last night and took an Alka Seltzer out of shock. Hopefully Dial
The National Association of Theatre Owners VP & Chief Communications Officer Patrick Corcoran is departing after 24-plus years. The news comes in the wake of NATO CEO and President John Fithian retiring after a 24-year run at the exhibition trade org. Together with Fithian, Corcoran, known for being a straight-shooter with the press, has had
It is quite conceivable another near $200M weekend will be in store at the box office over the weekend of July 21-21. Warner Bros.’ highly anticipated comedic feature take on girl toy Barbie starring Margot Robbie in the title role and Ryan Goslin as Ken cruised on to tracking today and hot would be a
A bankruptcy court judge today gave a green light to a reorganization plan for Regal parent Cineworld, the key step needed for the giant movie theater chain to emerge from bankruptcy next month. At a hearing, in an order from the bench, Judge Marvin Isgur of U.S. District Court for the Southern District of Texas
Facing the worst reviews ever for an Indiana Jones movie, the Lucasfilm franchise finale, Indiana Jones and the Dial of Destiny, is hoping to gain traction with audiences and best its $60M-$65M domestic start, $140M global opening. If the post pandemic has proved anything, it’s that popcorn pics aren’t so beholden to the Rotten Tomatoes
Big cinema advertising platform National CineMedia said today its plan of reorganization has been confirmed by a judge in United States Bankruptcy Court for the Southern District of Texas. The company filed for Chapter 11 in April. It now expects to emerge in August or September. The plan allows the company to eliminate debt and
Cineworld said on Monday that as part of its proposed restructuring following Chapter 11, it expects to file for administration of its listed entity Cineworld plc in the UK but that its operating companies will continue business as usual without interruption. Administration in the UK is an insolvency process, similar to a bankruptcy process. The world’s second biggest
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