The third new Spider-Man movie between Sony and Disney’s Marvel starring Tom Holland will be titled Spider-Man: No Way Home as revealed today on Tom Holland’s Instagram. See below. Pic’s anticipated release is Dec. 17. In recent days Holland has teased the title for fans, and dropped a first look image from the production with him, Zendaya and
Exhibition
Shares of the nation’s largest theater chain bucked a down market Tuesday, fortifying their advance of the day before after news that cinemas in New York City will open soon after a year-long lockdown as Covid infection rates fall in the city and state. AMC Ent. stock is up 11% in late morning trades, after
New York Gov. Andrew Cuomo on Monday said movie theaters in New York City will be brought into line with the rest of New York state as of March 5, when they will be allowed to reopen at 25% capacity with no more than 50 people per screen, masks, social distancing and other protocols. The
UPDATED, 5:14 PM: Those wishing to see Elle and Dakota Fanning in WWII drama The Nightingale will have to wait even longer. Sony is pushing the film to Dec. 23, 2022. It previously had been moved to December 22 of this year. Elle Fanning currently is in production on Hulu/MRC’s second season of The Great. Christmas falls
EXCLUSIVE: Even though the domestic box office remains in a funk due to the pandemic, moviegoers’ confidence has hit a record high near 50%, according to recent data by NRG. Moviegoers’ recent upbeat attitude to return to the cinema also outpaced poll results from the fall, which was the last time it was at a
In the span of six days, the Chinese box office roared to a $1.2B Lunar New Year record, with Wanda Pictures’ Detective Chinatown 3 setting global benchmarks for the biggest opening day and weekend in a single market. This happened even as some Covid restrictions remain in place in the Middle Kingdom. While the pandemic
New York Gov. Andrew Cuomo Wednesday set reopening dates for amusement parks, indoor family recreation centers and summer camps — the latest venues to get a nod as movie theaters in the city remain shuttered. That’s despite Manhattan having the lowest Covid-19 infection rate in New York — 2.5%, confirmed at the governor’s press briefing
Sony Pictures Classics has made some tweaks to its release schedule for four upcoming pics and one that’s already in theaters. The distributor run by co-presidents Michael Barker and Tom Bernard said that Dror Moreh’s documentary The Human Factor, which opened last month in Los Angeles and New York, will go nationwide in theaters on May 7.
Shares of AMC Entertainment are down nearly 40% today on another wild ride, reversing gains after an explosion of support by retail traders that started last week catapulted stock of the pandemic-pummeled chain to levels not seen since 2017. Around midday, shares of the nation’s largest cinema operator are changing hands at $8.21 That’s still
Movie theater advertising network National CineMedia has inked a deal with Harkins Theatres, expanding its foothold in the Southwestern U.S. as it hopes movie-going will pick up this year. Privately-owned Harkins, the nation’s fifth-largest exhibitor and biggest independent chain, has signed a long-term cinema advertising affiliate agreement to bring NCM’s Noovie pre-show entertainment to its
Shares of the happiest of exhibitors AMC Entertainment continued an upward trajectory Monday fueled by retail traders on Reddit chat rooms, even as a leading Wall Street analyst downgraded the stock to ‘sell’ and valued it at $1. “In our view, the recent volatility and spike in the company’s stock, thanks to the Reddit/WallStreetBets crowd,
AMC Entertainment said Silver Lake Group is converting $600 million worth of the theater chain’s debt that it holds into stock at a conversion price of $13.51 a share, a surprise all around considering the exhibitor’s shares were languishing below two bucks earlier this month. The giant investment firm partnered with AMC back in 2018
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
Struggling AMC Entertainment said early Monday it has raised or signed commitments for $917 million including additional financing since December, calling it “enough cash to “make it through this dark, coronavirus-impacted winter.” “This means that any talk of an imminent bankruptcy for AMC is completely off the table,” said CEO Adam Aron in a statement.
Warner Bros is moving The Many Saints of Newark from March 12 to Sept. 24. New Line is releasing. Remember, WarnerMedia announced that its entire 2021 slate is going theatrical and HBO Max at the same time, but big chains like AMC are negotiating terms on a film by film basis. So that means not everything Warners
As we first told you last month, Legendary and Warner Bros are poised to settle their fight over Godzilla vs. Kong, the fourth monster movie between the two which the former financed the $200 million-plus production at 75%, with the movie keeping its simultaneous theatrical and HBO Max release date May 21. Meanwhile, a settlement over
John Stephens, the outgoing CFO of WarnerMedia parent AT&T, defended the company’s move to release its 2021 film slate concurrently on HBO Max and in theaters and cited Warner Bros. century-long relationship with Hollywood talent — with some disgruntled at the move and the way it was communicated. “We’ve got a long history of working
Adam Aron, CEO of AMC Entertainment, said the nation’s largest cinema chain has raised $204 million of the at least $750 million needs to get to the other side of a global pandemic that has crippled moviegoing. AMC raised cash from stock and bonds sales in rounds in April, June, October and most recently in
Financially hurting cinema advertising network National CineMedia has inked a deal to run ads with Coinstar, a big operator of supermarket coin-counting kiosks. With the exhibition business on the Covid-19 skids, the agreement helps expand National CineMedia’s digital-out-of-home footprint by extending its movie-centric entertainment content, trivia, and advertising beyond movie theaters to complementary venues. It
It was supposed to be a year when the playing field became even. After losing to Disney for four years in a row, with the Burbank studio setting an industry record in 2019 of $13.2 billion global box office, a new major studio was set to become the domestic king. “I think 2020 is going
AMC Entertainment filed to sell up to 50 million more shares in an ongoing quest to stay solvent as it outruns the pandemic. The nation’s largest theater chain registered the shares in an SEC filing this morning, adding to the 200 million it previously registered. It said it’s raised $104 million as of December 28
Long before former Hulu chief Jason Kilar became disruptor in chief at WarnerMedia and put the entire 2021 Warner Bros slate on HBO Max, Fredric Rosen began changing the way concert tickets were sold as the Ticketmaster president/CEO, when the service became the leading computerized ticketing company in the world. He would become co-CEO of
As pollyannaish as it sounds, especially as the domestic 2020 box office crumbles to a historic all-time low of $2.27 billion due to the coronavirus pandemic, the global theatrical business is poised for a comeback in 2021. However, it might take a few months. How in God’s name can such a ridiculous projection be forecasted?
WarnerMedia will be closing its Hong Kong theatrical office with films from Warner Bros to be released by Universal Pictures in the market from January 1, Deadline has confirmed. Layoffs are expected in Hong Kong, though an exact number is not yet clear. A typically solid market, Hong Kong’s cinemas shuttered for the third time
Typically, we’ve avoided weekend box office previews during the pandemic as there’s been nothing to pump up from a potential ticket sales outlook, however, Warner Bros.’ release of $200M tentpole sequel Wonder Woman 1984 merits a line, particularly with its unorthodox theatrical day and date HBO Max streaming plan on Christmas Day. Don’t expect much is
AMC Entertainment Monday unveiled plans to change its board structure in an agreement with majority shareholder Wanda America Entertainment, a division of Dalian Wanda Group of China. Wanda holds nearly 60% of the voting power of financially strapped AMC through ownership of all the company’s super-voting Class B shares. The nation’s largest theater chain said
Cinemas in France will not be able to reopen on December 15 which was the date initially set by the government late last month. They will instead remain closed for at least three weeks from that date, French Prime Minister Jean Castex said in an address to the nation this evening. France has been in
Imax CEO Rich Gelfond doesn’t see the Warner Bros.-induced sound and fury in Hollywood subsiding anytime soon as talent joins theaters to protest the studio’s 2021 theatrical windows – nor does he think Warner will stick it out for a full year. “I don’t this is a storm that’s going to blow over in a
Struggling AMC Entertainment said it risks running out funds in January. In its latest warning cry, it said it needs $750 million “to remain viable” through 2021. Even if it raises that, it still risks bankruptcy next year if moviegoing doesn’t pick up — and Warner Bros. may have made that harder to accomplish. In
EXCLUSIVE: CAA is the latest to blast WarnerMedia on its decision to place its entire 17-film slate on HBO Max at the same time the films are released in U.S. theaters in 2021. Sources said that at an agency staff meeting, CAA president Richard Lovett read aloud a letter that he sent to WarnerMedia CEO
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