UK-based Cineworld, the second-biggest movie-theater operator in the world, is considering a listing on the US stock market.
AMC said investors risk losing all or a chunk of their investment, with the caution coming as the company outlined now-completed plans to sell shares.
The theatrical window for new movies has shortened from 5.7 months in 1997 to 2.7 months in 2019, according to Goldman.
Local films helped the China box office spring back to life as US theaters struggled, but there's still hope for Hollywood blockbusters there.
"Godzilla vs. Kong" was both a box-office and streaming hit, but Warner Bros. has plans to shorten, not get rid of, the theatrical window after 2021.
Officials say many people in the state will be vaccinated by that date, and the two month notice gives people and businesses time to prepare.
A new survey suggests the majority of US adults aren't ready to return to theaters, but "Godzilla vs. Kong" could still have a solid opening.
Cineworld has planned a phased reopening for its 536 Regal movie theaters. It said that some would reopen on April 2 to screen "Godzilla vs. Kong."
The biggest market for movies in the US, Los Angeles, could reopen movie theaters as soon as this weekend as COVID vaccinations continue to roll out.
Alamo Drafthouse Cinema is among the theater chains in the US devastated by the coronavirus pandemic.
Investors have begun reallocating their portfolio into so-called reopening sectors from travel to leisure as the number of coronavirus cases declined.
New York City movie theatres will be able to reopen on March 5 at 25% capacity, Gov. Cuomo said Monday. Cuomo also said assigned seating, social distancing, and other health precautions would be in place. New York City movie theatres have been closed for nearly a year. Visit the Business […]
New York City's movie theaters have been closed since mid-March of 2020 amid the coronavirus pandemic.
AMC soared as much as 37% on Tuesday after revealing it raised $US100 million in a new debt offering. The theatre chain issued new debt due in 2026 at a hefty interest rate of 15%, according to an SEC filing . The move bolsters AMC’s cash reserves as the firm […]
Congress passed a pandemic relief bill on Monday that included $US15 billion in grants for independent movie theatres, but does not include relief for large theatre chains. The National Association of Theatre Owners praised the bill and president John Fithian said that there’s “a very real chance that our business […]
Director Patty Jenkins told the New York Times that movie studios could suffer an “empty slate of quality filmmakers” if they decide to move theatrical releases to streaming services permanently. Jenkins said that’s because “every great filmmaker” is going to want to work at studios that revert back to the […]
Some US cinemas may slash the prices of tickets for Warner Bros. films, and ask to keep more of the revenue, insiders told The Hollywood Reporter. This comes after Warner announced it would release all its 2021 movies on the HBO Max streaming platform the same day they’re released in […]