Exhibition

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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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
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WarnerMedia CEO Jason Kilar jumped on the phone today to talk more about the revolutionary theatrical-HBO Max window for the studio’s 2021 slate. That big decision comes strictly down to the pandemic, and the studio aiming to maximize their movies as revenue events on its new streaming service HBO Max, as well as helping those
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Cineworld Group, owner of Regal Cinemas in the U.S. and the world’s second largest exhibitor, has reacted to Warner Bros’ bombshell announcement on Thursday that its entire 2021 film slate will debut on HBO Max day-and-date with cinemas domestically. In a statement, Cineworld CEO Mooky Greidinger said the company believes that wen cinemas make a
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Movie theater stocks were mixed Friday as the industry absorbed shock waves from Warner Bros.’ window-smashing announcement the day before when the cinema group collectively plunged by double digits. The smaller publicly-traded U.S. chains have lower debt and are in better financial shape. Third and fourth ranked circuits Cinemark and Marcus both rose by more
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“There is no way to sugarcoat this for the theater operators,” said one Wall Streeter as exhibition stocks plunged Thursday on WarnerMedia’s bombshell – a reimaging of its entire 2021 release slate that hit an exhibition industry already teetering on the brink. Cinemark shares– up earlier in the session — lost nearly 22% of their
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EXCLUSIVE: Despite the severe ratcheting down of movie theaters during the pandemic in recent weeks, Universal is standing strong with a robust global promotional campaign behind their DreamWorks Animation sequel The Croods: A New Age which opens today at 2,211 theaters. While the marketing spend on domestic wide releases has been in the single digit
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There is rumblings tonight that Legendary’s fourthquel Godzilla vs. Kong, scheduled to be released by Warner Bros on the big screen, is in talks to head to HBO Max. Surprise, surprise. THR reports tonight, and we’ve confirmed with sources, that Netflix made a $200M+ offer for the Adam Wingard directed movie, but WarnerMedia blocked it, and
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As we enter the long Thanksgiving holiday weekend during an era when the box office is struggling and more weight is being placed on streamers for new product, there are still titles making theatrical debuts amid the digital film landscape as people recover from their turkey-induced tryptophan haze. It all starts with three films spotlighting
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The Pioneers Assistance Fund’s Covid-19 relief effort has helped more than 8,000 movie theater workers with nearly $3 million in grants during the pandemic. The fund, which is part of the Will Rogers Motion Picture Pioneers Foundation, is chaired by Chris Aronson, Paramount’s president of distribution. The overwhelming majority of financial assistance disbursed by the
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In a major sign of confidence in the future of theatrical moviegoing, Cineworld Group, the world’s second largest exhibitor and owner of Regal in the U.S., has secured significant additional liquidity that will help ensure its future despite ongoing challenges created by the COVID-19 pandemic. This includes a new debt facility of $450M, while further
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Cineworld, the world’s second largest cinema chain, is looking into a Company Voluntary Arrangement (CVA) in the UK, which would allow it to restructure and renegotiate a mounting debt pile caused by unpaid rents due to ongoing closures. Deadline can confirm that a potential CVA, first reported by the Financial Times, is one option being
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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
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EXCLUSIVE: A year ago at this time, a stink was raised by the studios and NATO over Netflix and its audacity to actually crunch the theatrical window with The Irishman. And a deal was on the table with AMC, but in the end the streamer wanted a more limited time in theaters ( far less than
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EXCLUSIVE: No final decision has been made, but Deadline hears that the uncertainty of the future theatrical marketplace has Disney looking at launching a number of its upcoming tentpole family films on Disney+ instead of the theatrical release bows that were envisioned when the films were developed and green lit. At this point, the films
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I’m hearing from several exhibition sources that Warner Bros. is going with Wonder Woman 1984 on Christmas Day in theaters and on HBO Max, same day. Warner Bros. would not respond for comment. A screenshot leaked online, and sources say it’s true. This is unprecedented for a big studio tentpole to hit streaming and theatrical at the
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If you’re dying to know what the total revenue reap was from Disney’s combined PVOD/Disney+-overseas theatrical release experiment of Mulan, well, we just have to wait for the studio’s investor day on Dec. 10. That’s when they’re reportedly going to tell us more. Disney CEO Bob Chapek said on today’s year-end earning call that he was “pleased
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With Disney having already erased two big movies from the holiday schedule, Free Guy and Death on the Nile, and Warner Bros. expected to punt its Christmas Day release of Wonder Woman 1984, movie theaters really don’t know how they’re going to be able to weather the next few months of the pandemic. The National Association of Theatre Owners today urged
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