As exhibitors get set to report results from the last quarter of their annus horribilis, 2020, one Wall Street bull is predicting record box office in 2023. Eric Wold, a veteran analyst with B. Riley Securities, acknowledged in a note to clients that exhibitors’ efforts to emerge from the abyss of Covid-19 have been hampered
AMC
Can cinemas play day-and-date releases from Warner Bros after continually refusing to show Netflix films? The big circuits have to be feeling really stupid now: If they had only made a deal with Netflix last year on Martin Scorsese’s The Irishman at a 45-day window instead of emphatically rejecting one, perhaps this looming apocalypse brought on
Refresh for more: AMC Boss Adam Aron has weighed on WarnerMedia’s news about debuting its entire 2021 theatrical release slate simultaneously on HBO Max and he isn’t a happy camper. Wonder Woman 1984 as one-off was fine. However, the chain expects to fight hard when it comes to terms. Here’s what Aron had to say:
Universal has just inked another multi-year shortened theatrical window/PVOD share deal, this time with Canada’s biggest exhibitor, Cineplex. The deal comes on the heels of Uni’s recent pact with No. 3 U.S. chain Cinemark. To date, Cineplex becomes the third exhibitor to agree to Uni’s truncated theatrical window terms since AMC first signed on back
It should come as no surprise to hear that Cinemark and Universal have hammered out their own truncated theatrical window and PVOD share deal in the wake of the one which AMC inked with the Hollywood major studio at the end of July. Cinemark CEO Mark Zoradi, a former President at the Walt Disney Motion
Not to send everyone screaming for the exits, but it wouldn’t be out of the question if Warner Bros. moves Wonder Woman 1984 off its Christmas Day global theatrical release. Facts are facts whether former Vice President Joe Biden takes the U.S. Presidency tomorrow night or if President Donald Trump continues: New York City and Los
Despite the firm response earlier this month from the National Association of Theatre Owners of California/Nevada to not reopen cinemas in San Francisco county given its concession ban, major circuits like Cinemark and AMC have taken an about face this week. Now opening a movie theater without the means of selling popcorn and soda is
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 agreed unanimously to remain closed in the City by the Bay. Why? San Francisco’s current ban on movie concessions “makes it economically impossible
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
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
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
When I mentioned to a colleague that I’d just watched the premiere of AMC’s second spinoff of The Walking Dead, World Beyond, he asked just one question: “Do you think there’s an audience for it?” And I had to admit, I do. The series, which follows teenage sisters Iris (Aliyah Royale) and Hope (Alexa Mansour)
In the wake of the announced reopening of OC earlier this week, AMC is officially throwing the doors open to four locations in the greater Los Angeles area this weekend, followed by the AMC Woodbridge 5 on Sept. 18. The AMC Anaheim GardenWalk 6, AMC Orange 30, and AMC Tustin 14 will open on Friday,
When I was a kid growing up in Brattleboro, VT, I had to wait months for a big Hollywood movie to come to town. One of the big year-end holiday movies of 1980 was Paramount’s Robin Williams pic Popeye, but it didn’t come to my town’s Art-Deco historical landmark theater, the Latchis until Easter weekend.
At first it looked like AMC would be delayed with reopening their cinemas in New Jersey given the state’s last minute OK this week, and now the biggest exhibitor in the world will have two locations ready to go for Christopher Nolan’s time thriller noir this Friday, Sept 4: AMC Jersey Gardens 20 and AMC
As Deadline’s Tom Tapp reported last week, Los Angeles County isn’t quite ready to join other parts of California and the nation at large in allowing movie theaters to reopen, even with restrictions. So the coronavirus-beset movie capital remains closed to indoor movies. Which isn’t entirely bad. It buys some time, at least, to figure
On today’s earnings call for the No. 1 financially challenged exhibitor AMC, CEO Adam Aron took the high road in not damning Disney for their recent seisimic-shifting choice to take Mulan to Disney+ instead of theaters where the streaming service is available. “You might thing I’m disappointed that Mulan is moving, but AMC has no bigger friend
Cinemark CEO Mark Zoradi weighed in this morning on all the noise that Universal and AMC stirred up last week with their plan to crunch the theatrical window to 17 days. “Consistent with our past practices, Cinemark does not comment on the actions of our competitors. That said we believe an exclusive theatrical window is critically
The hope for NBCUniversal CEO Jeff Shell in the studio’s new unprecedented 17-day theatrical window collapse-PVOD deal with AMC Theatres is to make more money in the post theatrical windows which have waned in recent years. “Movies are our lifeblood,” said the NBCUniversal pro-PVOD exec, “Over the last couple of years, it’s become more increasingly
EXCLUSIVE: Those in town assuming that one of the other big exhibition circuits will fall in line with AMC and seek their own 17-day theatrical window-PVOD deal with Universal will soon realize that it will be a cold day in hell. Cineworld CEO Mooky Greidinger, who oversees the world’s second largest chain, exclusively tells Deadline
EXCLUSIVE: We have just received word that No. 2 film exhibitor Regal Cinemas is requiring all patrons to wear face masks. In an updated policy today on the chain’s website, “As related to our employees, guests will also be required to wear masks. Disposable masks will be made available as needed,” noted Regal. The chain’s
Alamo Drafthouse will be requiring all its moviegoers, coast to coast, to wear masks to its theaters. “When we open, the safety of our teammates and guests cannot be compromised. This is not political,” the chain said in a statement Friday on Twitter. “We will require that guests wear masks at the theater (except when
In the wake of making controversial statements yesterday about AMC not mandating face masks in those parts of the country that aren’t requiring it during the COVID-19 pandemic, CEO Adam Aron, having heard the social media backlash, on Friday changed the chain’s policy and is now requiring patrons to wear masks whether local ordinances require
AMC has made official their U.S. reopening plans after what will be a four-month shutdown due to COVID-19 with 450 U.S. locations on July 15, roughly 150 remaining locations in time for Disney’s Mulan on July 24 and Warner Bros. Tenet on July 31. AMC will have opened their locations over four internal phases. In
AMC Entertainment stock jumped over 15% at open in a down market Wednesday at open after execs outlined global opening plans at a conference call late yesterday afternoon. Share had popped by over 17% in premarket trade. It’s been a roller coaster – mostly down – for AMC shares since the coronavirus pandemic forced it
Some good news here, especially on the AMC Theatres front. The Leawood, Kansas-based chain–the No. 1 circuit in U.S and Europe–is reopening three Odeon Cinemas in Norway effective today. Odeon Cinemas Oslo Storo 14, Sandvika 8 and Lillestrøm 7 are the first three locations within the AMC and Odeon cinemas circuit to reopen, and its
Beginning Sunday, May 31, AMC will air Quiz, a three-part drama from writer James Graham and director Stephen Frears detailing the meteoric rise of Britain’s Who Wants to Be a Millionaire and the stunning cheating scandal that threatened to tear it down. With clever writing, an excellent cast, and inspired direction, Quiz propels you through
Broadway theaters aren’t expected to reopen up 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.
Days after Jeff Shell’s statements in the Wall Street Journal spurred AMC boss Adam Aron to embargo the studio’s films, the NBCUniversal CEO acknowledged the company’s commitment to theatrical, but that PVOD will still be part of the equation. “The question is when we come out of this (pandemic), what is going to be the model?
Not to deflate the 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 Thursday morning on Comcast’s Q1 earnings