Breaking News

Well, that didn’t take too long. About 18 months after Disney/Marvel’s Avengers: Endgame assailed to become the top grossing moving of all-time at the worldwide box office with $2,789.2 billion in July 2019, word is that James Cameron’s Avatar, which the Russo Brothers-directed Marvel movie defeated, will once again bounce back to reclaim that title. Avatar
0 Comments
Long-rumored for a China re-release, James Cameron’s Avatar suddenly popped onto the calendar this week. The erstwhile highest-grossing film of all time worldwide will hit Middle Kingdom cinemas on Friday, March 12. In so doing, it has a chance to jockey back up to the No. 1 spot globally, after Avengers: Endgame overtook it in
0 Comments
While the No. 1 exhibitor AMC has traditionally been flexible about theatrical windows despite their pubic uproar against Universal last year, the chain’s CEO Adam Aron speculated today what the landscape would look like when we come out of this pandemic. “What we learned from the Universal agreement, is that every studio seems to have
0 Comments
Dalian Wanda, which acquired AMC Entertainment in 2012, surrendered control of the struggling exhibitor as it issued and sold tranches of new stock to raise cash — diluting the stake of the Chinese conglomerate. CEO Adam Aron confirmed the Wanda era was over although the company continues to be AMC largest single largest shareholder. Wanda
0 Comments
AMC Entertainment revenue fell last quarter plunged to $162 million from close to $1.5 billion the year as the global pandemic squeezed exhibition. That beat expectations, coming about $20 million above Wall Street’s consensus estimates. The stock is up in late trading. Net losses widened to $946 million, including a hefty one-time impairment charge, from
0 Comments
Today at Disney’s annual shareholder meeting, CEO Bob Chapek continued to underscore that the release date for Marvel’s long-awaited feature Black Widow is May 7, and that the Cate Shortland-directed title will be seen in theaters. Chapek made the same confirmation back on Feb. 11 during the studio’s FYQ1 earnings call. There’s been some intense speculation
0 Comments
It’s looking like movie theaters will be given the opportunity to finally reopen here in Los Angeles County as early as next week. Today, Governor Gavin Newsom’s qualified LA County for the red tier under his Blueprint for a Safer Economy. Tom Tapp reports that if Los Angeles can maintain its numbers for just more
0 Comments
With Easter weekend less than a month away, Sony announced today that will be opening the Evan Spiliotopoulos’ Screen Gems supernatural PG-13 horror movie The Unholy on April 2. The feature based on the James Herbert novel Shrine joins Warner Bros/Legandary’s theatrical release of Godzilla vs. Kong which is opening on Wednesday, March 31 (and also hitting HBO Max simultaneously)
0 Comments
Amazon isn’t being transparent in the weekend viewership of Coming 2 America, the Eddie Murphy comedy sequel the streamer picked up for $125 million back in October, which we first told you about. Rather they’ve serviced a statement pointing to The Digital Entertainment Group/Screen Engine/ASI’s VOD weekend rankings which contains streaming, PVOD and VOD feature
0 Comments
Refresh for latest…: Disney’s Raya And The Last Dragon didn’t exactly come roaring out of the gate at the international box office with $17.6M from 32 markets. The global bow, including domestic’s launch, was $26.2M. Double-digit million-dollar debuts for Hollywood movies in the pandemic era are still a rare positive — and we’ve certainly seen
0 Comments
After winning a Golden Globe, numerous critics circle accolades as well as SAG Award, Independent Spirit Award and Critics Choice nominations, Minari has taken its success overseas as the A24 American family drama has opened at number one in South Korea. Minari has banked an estimated $2.2 million in South Korea, earning more than double of
0 Comments
UPDATED with AMC proxy figures, Aron’s 2020 compensation: In one of the few interviews he has granted during AMC Entertainment’s white-knuckle 2021, CEO Adam Aron hailed the reopening of New York City and shared his thoughts on the “Reddit rally.” Speaking with CNBC (watch the full segment above) on Friday, he said advance ticket sales
0 Comments
Saturday AM Update: Even with three new wide releases at this weekend’s box office, and New York City finally reopening, numbers still aren’t at pre-pandemic levels, but there’s a lot of drama going on. Let’s start with Disney’s theatrical day and date Disney+ release of animated pic Raya and the Last Dragon which looks to be
0 Comments
EXCLUSIVE: Today, Disney rolls out Raya and the Last Dragon, what is arguably its first domestic theatrical hybrid release; second worldwide if you count Mulan. The animated movie which is booked at 2,045 theaters, sans roughly 250 Cinemark locations, but including the newly reopened New York City market, is on its way to grossing a notable
0 Comments
New York City, the nation’s leading movie market along with still-shuttered Los Angeles, springs back to life Friday after being flattened by Covid-19 for nearly a year. A pulse was detected in advance ticket sales with a handful of shows selling out at AMC Entertainment’s flagship Empire 25 theater in Times Square including a 4:30
0 Comments
German Chancellor Angela Merkel on Wednesday extended Germany’s current lockdown to March 28, while also unveiling plans to relax certain Covid restrictions. Under a five-step process, cinemas may be able to reopen beginning March 22 at the earliest (this would be part of Stage 4). All will depend on the infection rate, and Stage 4
0 Comments
Austin, Texas-based, dine-in movie theater chain Alamo Drafthouse has filed for Chapter 11 in Delaware Court. The exhibitor, which buckled under the impact of Covid-19, has more than three dozen cinemas LA, Brooklyn and Northern Virginia. It’s backed by Altamont Capital. In May, the Phoenix-based franchises of Alamo Drafthouse in Tempe, Gilbert and Chandler filed
0 Comments