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Fresh product continued to rule in a distressed exhibition marketplace as RLJE Films’ Tax Collector grossed an estimated $317K at 129 theaters. Tax Collector is the third new title after Universal/DreamWorks Animation’s Trolls World Tour and IFC’s The Rental to top the box office since the pandemic began in mid-March. We’ll know for certain which film is No. 1 tomorrow, but it’s
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The fight for freedom of the press and against the oppressive political regime in the Philippines takes center stage in Ramona S. Diaz’s A Thousand Cuts, which opens in theaters and in virtual theaters nationwide. As journalists around the world face threats and the term “fake news” is thrown around recklessly by world leaders, A Thousand Cuts puts Filipino
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China’s third Friday back to the movies scored a slight increase on last week’s comparable day at $4.38M. It’s short of the $7.6M generated last Sunday which was boosted by Warner Bros’ reissue of Christopher Nolan’s Interstellar, but still a jump on last Friday, while midweeks were solid. Play today was led by DreamWorks/Amblin/Universal’s 1917
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AMC Entertainment saw revenue plunge to $18.9 billion for the second quarter ended from in June from $1.5 billion the year before as it swung to the red, no surprise for the nation’s – and world’s — largest theater chain, that saw most locations shuttered completely for the entire three months. The company swung a
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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
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MSG Entertainment said it is canceling the annual Christmas Spectacular Starring the Radio City Rockettes due to concerns about COVID-19. The move is not a major surprise, given that Broadway theaters and other indoor arts venues in New York like Lincoln Center remain indefinitely shuttered. Still, it drives home the fact that the coronavirus will remain
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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
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Refresh for updates: On Disney’s 3Q earnings call today, it was announced that Mulan is going to Disney+ on Sept. 4. Specifically, Disney will be releasing the film theatrically in certain markets where the studio currently has no announced launch plans for Disney+ and where theaters are open (i.e. China). The concern with opening the film in
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The CEO of the nation’s fourth-largest exhibitor warned studios not to “leave a good party in pursuit of a bad one” but called the debate over PVOD overblown. Greg Marcus, chief of Marcus, said consumers are likely to drift away from watching video-on-demand relesaes when things normalize post-pandemic. “The market for PVOD may not be
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Sing Street, the sold-out Off Broadway musical that was set to begin performances at Broadway’s Lyceum Theatre just as the COVID-19 shutdown hit, is now targeting an opening sometime between winter 2021 and winter 2022. The announcement was made Monday by producers Barbara Broccoli, Brian Carmody, Patrick Milling Smith, Michael Wilson, Orin Wolf and Frederick
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AMC Entertainment announced Monday it’s officially concluded a complex, and controversial, restructuring of approximately $2.6 billion of its debt that included an exchange and fresh capital raise. The news came as iyd new distribution deal with Universal Pictures continues to roil the industry. Holders of more than 87% of senior subordinated notes participated in an
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SATURDAY UPDATE: Since cinemas reopened in China’s low-risk areas on July 20, the market today had its biggest day yet. Box office was $5.74M (RMB 40M) overall for the day, according to Maoyan figures. That reps a 38% jump from Friday. After leading last weekend and the midweeks, then dropping to No. 2 on Friday,
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Lionsgate has taken the Janelle Monáe horror movie Antebellum off its theatrical release schedule for the time being as big exhibition reorganizes itself during COVID-19. Previously, the Gerard Bush-Christopher Renz directed and written movie was dated for Aug. 21, but with Warner Bros. Tenet hoping to reopen theaters over Labor Day weekend, the plan is for Antebellum to go later.
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China’s second Friday with cinemas back to business in low-risk areas rang up another $4M at local turnstiles, a 39% increase versus the same day last week. About 60% of movie theaters are now operating, with capacity limits and social distancing still in place, so all numbers are to be taken with a grain of
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It’s a volatile time in our country. We are divided and there’s an extreme sense of civic unrest. As hopeless as many of us feel, there are heroes on the front lines who are protecting our constitutional freedoms when it comes to abortion rights, immigration rights, LGBTQ rights and voting rights — and those heroes
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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
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The Phantom of the Opera might not have left the London theater scene for good after all, assures composer Andrew Lloyd Webber. Responding to a newspaper column written by Phantom producer Cameron Mackintosh stating that both the London and UK touring productions are “permanently shut down” due to the financial impact of the coronavirus pandemic,
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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
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After AMC CEO Adam Aron publicly threatened that he would never play Universal movies as along as the studio had a plan for simultaneous theatrical-PVOD releases like Trolls World Tour, the world’s No. 1 exhibitor and the Hollywood studio have broken bread with the following multi-year agreement: Universal and Focus Features releases will play at
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With the foreign box office showing some signs of life in the pandemic, Warner Bros. will open Christopher Nolan’s long-awaited Tenet in over 70 countries worldwide starting on Wednesday, Aug. 26. The plan includes Tenet opening in Canada on Thursday Aug. 27 before the U.S. release which will be in select cities on Thursday, Sept. 3. Exactly
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