Exhibition

Cinemark CEO Mark Zoradi, who exhibition chain like the rest of the industry is shut down due to the ongoing coronavirus pandemic, earned $6.3 million in total compensation for 2019, up from $5.2 million the year before, the company said Friday in its annual proxy statement filed with the SEC. The year-over-year gain stemmed from
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When it comes to evaluating the financial performance of top movies, it isn’t about what a film grosses at the box office. The true tale is told when production budgets, P&A, talent participations and other costs collide with box office grosses and ancillary revenues from VOD to DVD and TV. To get close to that
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In the six previous years of our tournament to name the year’s most profitable film, Deadline has always launched the contest around the NCAA basketball tournament. But this year is drastically different. Tonight was supposed to be the national championship game, at Mercedes-Benz Stadium in Atlanta, but of course the entire tournament was canceled. Not
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EXCLUSIVE: As movie theaters have shuttered around the globe due to the ongoing coronavirus pandemic, exhibition is among the front line of industry sectors feeling the crisis. Cineworld Group, which owns Regal Entertainment in the U.S. and is the world’s second biggest circuit, has faced challenges recently, including closing cinemas until further notice, a share
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France’s National Film Center, the CNC, has taken measures to relax the country’s notoriously strict windows policy during the coronavirus pandemic. A reduction from the traditional four-month delay between theatrical release and DVD or TVOD was earlier granted for all titles that were already in cinemas on March 14, while movies whose release was set
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Support measures for exhibitors in Korea were unveiled this week which include seeing them exempted from paying into the national movie development fund, as one of the world’s biggest markets suffers cinema closures and all-time box office lows amid the coronavirus crisis. Deputy Prime Minister and Finance Minister Hong Nam-ki announced the moves on Wednesday,
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What an amazing weekend this would have been at the box office, that is if all was well in the world. Disney originally had their live-action version of Mulan fired up to go before the worldwide exhibition shutdown occurred, plus it would have been sharing the marquee with the second-weekend of Paramount’s A Quiet Place Part
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From Saturday, a first batch of 205 cinemas will re-open for business in Shanghai. This follows last weekend’s opening of 500+ theaters in other China provinces, though Shanghai becomes the first tier one city to turn the lights back on as the coronavirus reportedly abates in the Middle Kingdom. The Shanghai municipal government made the
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Today Scott Cooper issued an open letter, applauding the Senate’s passage of the $2.2 trillion relief bill as a “much-need positive news to an industry I cherish”, particularly in regards to how it’s primed to help movie theaters during this time when they have fixed costs to maintain over several months, and zero revenue coming
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EXCLUSIVE: Deadline hears that the biggest exhibitor in the world, AMC Theatres, has furloughed 600 employees in their Leawood, KS home office. Health insurance will remain intact for all of them, however, for those not receiving any cushion, they’ll have to figure out a way to pay for their policies during the time that the chain
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Warner Bros. is pushing its forthcoming summer theatrical releases until the coronavirus crisis calms down and exhibition makes a full-steam comeback. Despite reports that Patty Jenkins’ Wonder Woman 1984 was headed to streaming, the movie is in fact still going theatrical, and that was always the plan. Wonder Woman 1984 is now moving from its June 5
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Despite Senate Democrats blocking the near $2 trillion stimulus package intended to rescue the U.S. economy during the coronavirus crisis, the National Association of Theatre Owners chief John Fithian is “hopeful” that a bipartisan compromise will be reached in the near future. “They’re not at an impasse,” Fithian told Deadline Sunday. “This is just part
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S&P Global struck again at the showbiz sector, this time at distressed cinema advertising, putting National Cinemedia and Screenvision on credit watch negative as movie theaters are shuttered and advertising at risk. Ratings agencies like S&P Global, Moody’s and Fitch can be quiet for years and are rarely public facing – but they emerge in
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Adam Aron, CEO of the nation’s largest movie chain said “the industry has to get liquidity from somewhere” since “we all have expenses and none of us have revenue” after exhibitors closed their doors across the country amidst the spreading coronavirus pandemic. “I am here as a representative of our industry. … The reality is
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