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“#Movie Theater Bankruptcy Could Affect 70% of Small Cinemas – /Film” 2020 has been a rough year for a myriad number of reasons. But as a site that keeps our eyes on the realm of film and television, it’s been especially heartbreaking to see the theatrical moviegoing experience come to a screeching halt while our…
“#Movie Theater Owners Call on Congress for Immediate Relief” The National Association of Theater Owners is calling on Congress for immediate relief. For the most part, movie theaters across North America have been shut down since the middle of March. Theaters in Los Angeles and New York City never really came close to opening their…
“#CinemaCon Gets Delayed Until August 2021” CinemaCon 2021 has been officially postponed from April to August. The National Association of Theater Owners (NATO) is currently going through an unprecedented time, like the rest of the world, thanks to the global public health crisis. This year’s CinemaCon, like just about everything else in 2020, was canceled….
“#Director Christopher Nolan defends ‘Tenet’s’ sluggish box office sales” Director Christopher Nolan is defending the theatrical release of his spy thriller “Tenet” during the pandemic, shrugging off a growing consensus in Hollywood that the gambit was a bad idea. Nolan told The Los Angeles Times that he is “thrilled” with ticket sales — despite the…
“#Christopher Nolan Is Thrilled with Tenet Box Office, Says Studios Drew Wrong Conclusion” After the global lockdown dealt a deathblow to the theater industry, Christopher Nolan’s time-bending thriller Tenet was long touted as the magic cure for the industry’s ailments due to low attendance. Unfortunately, the film’s box-office earnings were not enough to provide cinema…
“#AMC Reports 90% Loss in Revenue as Theaters Across the Country Stay Empty” The narrative continues to be an ugly one for AMC Theatres. The largest theater chain in the U.S. recently reported its third-quarter earnings and the results were brutal. The company saw more than a 90 percent drop in revenue over the three-month…
“#AMC Theatres Attempts $50M Emergency Stock Sale to Avoid Bankruptcy” AMC Theatres is on the verge of bankruptcy and the company is looking to sell stock in order to raise emergency funds to keep the ship afloat. The largest theater chain in the U.S. is attempting to sell nearly $50 million worth of shares, roughly…
“#AMC quarterly loss grows to $900M amid pandemic” AMC Entertainment’s third-quarter loss widened to more than $900 million as it to get pummeled by the economic fallout from the coronavirus. The nation’s largest movie theater chain, which had reported a $54.8 million loss in the year-ago quarter, said revenue for the period ended Sept. 30…
“#U.K. Movie Theaters Close Again, But Filming Can Continue for Now” The U.K. is undergoing a second national lockdown that will begin this week. As a result, movie theaters in the country will once again be shut down for nearly a month. It serves as yet another blow to the exhibition business that has taken…
“#How to host your own DIY drive-in movie screening” New Yorkers are getting their reels on wheels. Drive-in movies became a popular pandemic-chic pastime, with locals jockeying for space at screenings in area parking lots and getting crafty with DIY set-ups. Lesley Stordahl and her husband, Mike Smith, even set up a projector and screen…