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“#Warner Bros. & Universal Have No Plans to Buy Struggling Movie Theaters” The future of movie theaters remains very much in flux right now as most major chains, at least in the U.S., face a great deal of uncertainty. But at least a couple of scenarios have been taken off the table, for the time…
“#Warner Bros. execs not interested in buying struggling theaters” It looks like Hollywood has no plans to save the struggling movie theater business, despite being given the greenlight earlier this year to start owning cinemas again after a 72-year ban. Donna Langley, chairman of Universal’s filmed entertainment group and Ann Sarnoff, chair and chief executive…
“#Theaters Could Start Streaming Movies Straight to Your Home Soon” The future of moviegoing could be a lot different in the future. Cinema tech company Christie has been granted a patent that will allow theaters to stream movies directly to the home of its customers. This could potentially be a way to keep movie theaters…
“#Largest global cinema chains urge Gov. Cuomo to reopen theaters” Owners of the biggest cinema chains across the globe are pleading with Gov. Andrew Cuomo to allow movie theaters to reopen in areas of the state with low infection rates. The Global Cinema Federation, headed by Alejandro Ramirez Magaña, the CEO of Cinépolis, penned a…
“#AMC Theatres Will Probably Run Out of Money by the End of 2020” AMC Theatres, the largest movie theater chain in the U.S., is in a dire situation. The company has confirmed that they are likely going to run out of money by early 2021. This affirms what analysts have been predicting and, barring an…
“#Disney Movies Will Still Get Released in Theaters Despite Shift to Streaming” Disney recently revealed that they are making a massive shift toward streaming. The company has completely reorganized to prioritize its direct-to-consumer offerings, which include Disney+ Hulu and ESPN+. While this will certainly have a huge effect on the future of theatrical releases, the…
“#Hocus Pocus Is 2020’s Biggest Rerelease After Passing Empire Strikes Back at the Box Office” 2020 has been a truly unpredictable year for the movie business, to say the least of it. The box office has been mostly a shadow of its former self since March, even after theaters reopened for Tenet. But people are…
“#Stephen King Feels ‘Terrible’ for the Film Industry After Going to the Movies This Weekend” Stephen King went to the movies this past weekend and now feels “terrible” for the film industry. Movie theaters are slowly starting to open their doors again for the first time since March. However, there are still a large number…
“#NY movie theaters troll Gov. Andrew Cuomo” A Regal movie theater in Times Square — shuttered like all others in the state — has found an interim use for its empty marquis: blasting Governor Andrew Cuomo. Instead of movie titles, the message that plays across the Regal E-Walk reads “48 states have reopened theaters so…
“#Battle Angel Returns to Movie Theaters for Halloween Weekend” The theater chain industry is in the deepest doldrums, and the situation shows no signs of improving in the near future, with most upcoming blockbusters postponing their release by several months to a full year. A small ray of hope was recently shone for distributors by…