Releases keep coming but talent is not comfortable promoting films, even indies, even if productions have waivers or don’t need them. Where that’s leading isn’t clear. “Who’s going to take the plunge first? We’ll see. The festivals will be the big test,” said one independent distribution exec. From a moderate release like Jules, in nearly
Exhibition
CEO Adam Aron has expounded on Twitter and most recently on AMC Entertainment’s latest earnings call about the risk of a cash crunch and even bankruptcy if it wasn’t able to secure financing in a still uncertain box office climate. Today he can breathe easier as a Delaware Chancery Court Judge approved a revised shareholder
Giant theater chain AMC Entertainment has promoted Ellen Copaken to SVP Marketing, effective immediately. She was also appointed to sit on the company’s management executive committee. Copaken joined AMC in February of as VP, Growth Strategy, and led the exhibitor’s AMC Perfectly Popcorn launch in more than 2,600 Walmart stores (and Walmart.com) ), delivering “sales
AMC Entertainment’s CEO Adam Aron warned that the chain risks financial peril if it can’t raise fresh cash as needed while exhibition continues its post-Covid recovery amid Hollywood strikes. The world’s biggest move chain saw second-quarter earnings surge, sales jump and things looked great in movieland with the three months ended in June and the
The Miracle Club will move back into 200-300 movie theaters nationwide August 18 for the rest of the summer due to an “overwhelmingly positive response” from audiences that the distributor said translated into a demand for additional playdates. The film by Irish director Thaddeus O’Sullivan with a starry ensemble cast opened July 14, the week before
National CineMedia shares are popping today in a down market as the cinema advertising company emerged from Chapter 11 and named former top executives of NBCUniversal, HBO and Fox to a reconstituted, and pretty impressive, board of directors. Lauren Zalaznick, formerly EVP & Chair, Entertainment & Digital Networks, Comcast NBCUniversal, is now board chair. “We
CatVideoFest, which is just what it sounds like, joined notable indie debuts and festival favorites Shortcomings and Passages, the re-release of Shiva Baby and juggernaut Talk To Me in another weekend of varied specialty fare, both new and holding over. Indies are helping drive a buoyant box office. They’re also waiting for the Barbenheimer tsunami
Cinemark CEO Sean Gamble said Hollywood strikes currently delaying the production, and promotion, of new films won’t affect “key fundamentals” of a revived exhibition business although they might extend the “recovery trajectory of theatrical film volume a bit.” “We know that our studio partners are doing everything they can to minimize the disruption of content
Festivals past are populating a busy specialty market this weekend with films from Sundance and Venice. Sony Pictures Classics is giving Randall Park’s Shortcomings a substantial 400+ screen release. See Deadline review. Mubi is out with Passages in New York and LA – both premiered to critical acclaim in Park City. There’s been some drama
Not streaming, nor strikes, nor shell shock from the pandemic kept this July’s domestic box office down with studio tentpoles and a faith-based surprise movie racking up the second-best record for the month with $1.37 billion per Comscore. Warner Bros’ Barbie and Universal’s Oppenheimer were the No. 1 and 2 movies with $366.4M and $181.4M
While the industry fears further theatrical date shake-ups for 2023 due to the strikes, next year is getting beefed up. Today, Lionsgate has dated another faith based music feature from Kingdom Story Company for April 26, that being Unsung Hero. The pic joins MGM’s Luca Guadagnino directed R-rated Zenday romance pic, Challengers, which is already
Regal parent Cineworld has officially emerged from bankruptcy, unveiling five new board members and a strengthened balance sheet. The chain, which was flattened by Covid and high debt, filed for Chapter 11 in the Southern District of Texas last September. It exits today having reduced that debt by about $4.53 billion and raised $800 million
UPDATED, 07:30 a.m.: Cineworld Group has officially entered administration, following an application at the High Court in London. The administration order applies only to Cineworld Group and not to any of its operating companies or subsidiaries such as Regal Cinemas in the U.S. or Picturehouse Cinemas in the UK. Following last week’s announcement, Cineworld also
A24’s supernatural horror Talk To Me by first time filmmakers Danny and Michael Philippou blew past box office projections grossing over $10 million on 2,340 screens opening weekend. The breakout by the first-time filmmaker brothers and popular YouTubers from Australia was no. six at the domestic box office. The film was well reviewed as a
A4’s supernatural horror Talk To Me opens the debut film by Australian brothers and popular YouTubers Danny and Michael Philippou on 2,300 screens. Strong reviews (see Deadline’s here), A24 large built-in fan base and its elevated horror cred saw a Thursday gross of $1.25 million, looking to top a $4-5M weekend. The Sundance-premiering pic follows
Imax blew past Wall Street forecasts with sales up 32% at $98 million for the second quarter ended in June. Adjusted EPS was 26 cents a share – up 271%. The company swung to a net profit of $8.35 million (15 cents a share) from a loss of $2.85 million (negative 5 cents) the year
Mattel CEO Ynon Kreiz said last weekend’s blockbuster release of Barbie – the toymaker’s first-ever major theatrical film – is a moment that “will be remembered as a key milestone in our company’s history.” His comments came amid second-quarter numbers in line with Wall Street forecasts. “The Barbie movie is a showcase for the cultural
We knew Warner Bros’ Barbie and Universal’s Oppenheimer were going to be big — but not this big. Paramount’s Tom Cruise sequel Mission: Impossible – Dead Reckoning Part One learned that the hard way (65% Weekend 2 decline with $19.3M) by going one weekend before the dual tidal wave, trying to avoid the wake of
CEO Adam Aron said a court ruling Friday that makes it harder for AMC Entertainment to raise cash has serious implications for the circuit’s financial stability — a blowout ‘Barbenheimer’ weekend at the box office and surging share price notwithstanding. “AMC must be in a position to raise equity capital. I repeat, to protect AMC’s
AMC Entertainment set a new post-Covid record for global admissions revenue this past weekend with Barbie and Oppenheimer leading a charge that drew 7.8 million moviegoers to theaters. Warner Bros/Mattel’s Barbie racked up $162 million opening weekend. Universal’s Oppenheimer stands at $82.4 million for a $300 million weekend at the domestic box office. For Imax, Christopher Nolan’s Oppenheimer delivered a $35 million debut
Searchlight Pictures’ comedy Theater Camp held its own on a big weekend of box office coin flowing in from Barbie and Oppenheimer. Molly Gordon and Nick Lieberman’s Sundance-winner (U.S. Dramatic Special Jury Award for Ensemble) expanded to 10 markets/51 theaters, up from six locations in New York and LA opening weekend, taking in an estimated $266,000
In a contorted legal case, a Delaware judge today struck down a settlement that would have helped AMC Entertainment move ahead with steps to raise cash and shore up its stock. “To cut to the chase, the settlement cannot be approved as submitted,” Judge Morgan Zurn of Delaware Chancery Court wrote in a 69-page opinion
Return To Dust, an arthouse hit in China last summer before being pulled from release, opens Stateside this weekend with Film Movement presenting on two screens – NYC’s BAM Rose Cinema and the Gene Siskel Film Center in Chicago, expanding to LA and Seattle next Friday. The distributor acquired the film directed by Li Ruijun
Florida detectives are searching for an attacker who beat a 63-year-old man who asked him to move from reserved seats into an adjacent space. The attack happened on July 10 at an AMC Theater at 2315 N. Federal Highway in Pompano Beach, Florida shortly before 10 PM. The movie the victim purchased tickets for was
AMC Entertainment is dropping Sightline, a controversial variable pricing program for seating it announced earlier this year. The giant theater chain said today that after a pilot in three locations, it saw little or no increase in patronage of cheaper front row seating, despite a modest price reduction for the seats. The test did show
Alamo Drafthouse Cinema said CEO Shelli Taylor is retiring in August and named president Michael Kustermann as its new chief executive. The fast-growing dine-in chain, that’s been hugely successful luring post-pandemic moviegoers back to theaters, said its board of directors, including Taylor and executive chairman Tim League, selected Kustermann as Taylor steps down, effective August
At a time when the industry is suffering through historic dual strikes by the WGA and SAG-AFTRA, the motion picture industry is poised to see an enormous weekend at the box office with Warner Bros./Mattel’s long awaited toy feature adaptation Barbie and Christopher Nolan’s World War II era three-hour adult drama Oppenheimer reaping a combined
Searchlight Pictures’ Sundance-winning original comedy Theater Camp will take in an estimated $281,172 or $46.9k per theater at six locations opening weekend — the best limited opening for the distributor since Jojo Rabbit in the fall of 2019 ($349k in five locations). That’s after the A CinemaScore film on Sunday pulled ahead of Searchlight’s The
Expressing solidarity with Hollywood actors on Day 1 of the SAG-AFTRA strike, specialty distributors polled were anxiously juggling opening weekend Q&As and movie premieres without talent. They were trying to clarify which actors on what international productions are SAG-AFTRA, bound by the guild, or neither. And, for those involved in production, trying to pin down
Sony/Stage 6 Films/Blumhouse’s Insidious: The Red Door may have stolen No. 1 away from Indiana Jones and the Dial of Destiny at the weekend box office, but Angel Studios’ indie wonder Sound of Freedom won Monday with an estimated $4 million. All of this before Paramount/Skydance’s Mission Impossible – Dead Reckoning Part One takes all
- « Previous Page
- 1
- 2
- 3
- 4
- 5
- 6
- …
- 37
- Next Page »