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“#New York City Movie Theaters Can Open at Limited Capacity This March” The outlook for movie theaters, and the movie business in general, just got much better. New York City, one of the biggest moviegoing markets in the world, will finally allow theaters to reopen their doors next month. This means that the box office,…
“#Carbon monoxide poisons 63 people at Chinese movie theater” Dozens of moviegoers became sick from carbon monoxide at a theater in eastern China, local media reported Thursday. At least 63 people were exposed to excessive levels of odorless gas during a film at New Square Movie Theater Wednesday evening in the city of Dongyang, according to…
“#Movie Theater Owners Warn Minimum Wage Increase Will Be Disastrous” Movie theater owners are warning that the proposed federal minimum wage increase will be “disastrous.” Business was destroyed in 2020, due to the public health crisis, which is still going on. As of this writing, over 60% of movie theaters in North America remain closed,…
“#Dune Will Hit International Movie Theaters Two Weeks Before Streaming on HBO Max” It seems that Dune will be released in theaters internationally two weeks before hitting HBO Max. While this has not yet been confirmed in any official capacity, there are now rumblings that director Denis Villeneuve’s sci-fi epic will be released onto big…
“#Movies just don’t satisfy when you can’t watch the theater” I miss the movies. Last week, the Golden Globes and the Screen Actors Guild announced their award nominations, to be followed by Oscar contenders in March. For a whole year now, I haven’t seen any of the listed films. Nor do I know even a passing…
“#Denzel Washington’s The Little Things Wins Super Bowl Weekend Box Office with $2.1M” The Little Things took the number one spot at this weekend’s box office. The movie, which stars Denzel Washington, Rami Malek, and Jared Leto, was able to bring in $2.1 million over the Super Bowl weekend. As of this writing, The Little…
“#Steven Spielberg Believes Movie Theaters Will Make a Full Recovery When It’s Time” More than any other filmmaker, Steven Spielberg has come to define the present world of blockbuster cinema best viewed in theaters with movies like Jaws, E.T. the Extra-Terrestrial, and Jurassic Park. 2020 has been the most devastating year for theaters in history….
“#AMC Theatres Stock Price Surges Thanks to Rallying Reddit Users” AMC Theatres is seeing a massive stock surge, thanks to the WallStreetBets subreddit. The group was able to take GameStop stock from $20 over $300, which is where it currently sits. For AMC Theatres, they are currently at the same level they were pre-pandemic, which…
“#Movie Theaters Predicted to Rebound Big at the Box Office, But Not Until 2023” The good news for lovers of the cinematic experience? A trusted industry analyst believes that movie theaters will rebound to record levels. The bad news? This probably won’t happen until 2023. But that does mean, perhaps, there is a light at…
“#AMC avoids bankruptcy after raising over $900 million” AMC Entertainment, the world’s largest cinema chain, said Monday that it will avoid bankruptcy after raising more than $900 million in rescue funding since December. Shares of AMC surged 38 percent in early-day trades after the company’s chief executive Adam Aron unveiled a new European financing deal…