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
Regal
In a major sign of confidence in the future of theatrical moviegoing, Cineworld Group, the world’s second largest exhibitor and owner of Regal in the U.S., has secured significant additional liquidity that will help ensure its future despite ongoing challenges created by the COVID-19 pandemic. This includes a new debt facility of $450M, while further
Cineworld, the world’s second largest cinema chain, is looking into a Company Voluntary Arrangement (CVA) in the UK, which would allow it to restructure and renegotiate a mounting debt pile caused by unpaid rents due to ongoing closures. Deadline can confirm that a potential CVA, first reported by the Financial Times, is one option being
Studio Movie Grill, the in-theater dining chain with seven California locations has filed for bankruptcy, one of the first leading exhibitors to officially buckle under pandemic-related financial stress. The Dallas-based company filed for Chapter 11 in U.S. Bankruptcy Court for the Northern District of Texas. It will continue to operate but reorganize with the protections
Exhibitors in New York State are speed dialing former staffers and bookers after a surprise weekend announcement by Gov. Andrew Cuomo that long-shuttered cinemas can reopen Friday under guidelines expected early this week. Joseph Masher, president of NATO New York and CEO of family-owned Bowtie Cinemas, anticipates the long-awaited state playbook will pretty much echo
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,
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
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
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
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
A federal judge Tuesday upheld New Jersey Governor Philip Murphy’s closure of movie theaters in the state, dismissing a motion for an injunction by the National Association of Theatre Owners and five cinema chains that would have allowed them to open their doors. Judge Brian Martinotti ruled that the state is not infringing on the
A court ruling that dropped today allowing movie studios to buy theaters (whether or not they want to — and they probably don’t) is the latest snub to an industry that’s been rattled by change for years, in particular since March and COVID-19. Exhibition hasn’t been this pressured in a century. When the 1918 Spanish
Broadway theaters aren’t expected to reopen in New York City for quite a long time, Deadline sources saying not before 2021. And according to New York State governor’s recent reopening phase plan, indoor cinemas are in the same final phase 4 classification as Broadway theaters, entertainment venues, museums and arts and recreation businesses. Yikes. Weren’t
Not to deflate a rousing round robin of mudslinging between AMC, Cineworld and Universal, but this whole OMG melee between exhibition and studios over PVOD, theatrical-window crunching and hurt feelings is poised to calm down soon. Some industry insiders believe the situation has already eased, and the statements made this morning on Comcast’s Q1 earnings
Editors’ Note: As Deadline continues its Coping With COVID-19 Crisis series on the struggles of people in the entertainment industry impacted by the coronavirus-related shutdowns and layoffs, today we continue our latest series, Reopening Hollywood, focused on the incredibly complicated effort to get the industry back on its feet while ensuring the safety of everyone involved. We
With the closure of movie theaters nationwide out of safety during the coronavirus, layoffs have been rampant, with the Big Three exhibitors contending with these atrocious times in varying degrees of severity. Word began to spread last week among distribution folks that Regal had been the most acerbic out of the three chains in the
Despite Senate Democrats blocking the near $2 trillion stimulus package intended to rescue the U.S. economy during the coronavirus crisis, the National Association of Theatre Owners chief John Fithian is “hopeful” that a bipartisan compromise will be reached in the near future. “They’re not at an impasse,” Fithian told Deadline Sunday. “This is just part
Includes charts of the 2020 domestic box office standings to date, as well as final charts for the weekend of March 13-15 and Monday “For all intents and purposes, the industry is shut down” screamed one studio boss tonight about the state of exhibition, “What’s left that’s open?” With Cinemark shutting down tomorrow, the last
What we’re about to inform you about cannot be read into as an indication of long-term trends, or even short-term. The state of exhibition and the domestic box office is changing by the hour in the current coronavirus climate and by tomorrow or even before next Friday we could be looking at a different theatrical
EXCLUSIVE: Before Hurricane Dorian reaches landfall sometime tonight, some theaters on the central east coasts of Florida have already boarded up including a slew of AMC, Regal and Cinemark multiplexes. Most of these sites aren’t expected to re-open until Tuesday and Wednesday, in time for New Line’s It: Chapter Two which starts previews on Thursday night. Weather