Regal parent Cineworld has decided to terminate the marketing process for its businesses outside of the U.S., UK and Ireland. Although it received offers from “a number of prospective counterparties,” the proposals “did not meet the value level required by the group’s lenders,” the exhibition giant said today. The so-called “rest of world” businesses include
Exhibition
Deadline’s Most Valuable Blockbuster tournament took a hiatus during the pandemic as movie theaters closed for the majority of 2020-2021 and theatrical day-and-date titles on both the big screen and studios’ respective streaming platforms became more prevalent. Coming back from that brink, the studios have largely returned to their theatrical release models and the downstream
Beau Is Afraid posted the top per-screen average of the year so far and the best limited opening for distributor A4 since Uncut Gems, grossing an estimated $320,396 at four locations in New York and LA for a hefty per screen average of $80k+ to sold out shows on both coasts. (Uncut Gems with Adam
Deadline’s Most Valuable Blockbuster tournament took a hiatus during the pandemic as movie theaters closed for the majority of 2020-2021 and theatrical day-and-date titles on both the big screen and studios’ respective streaming platforms became more prevalent. Coming back from that brink, the studios have largely returned to their theatrical release models and the downstream
FRIDAY AFTERNOON: Illumination is looking at another record 3-day as the Universal/Nintendo co-production Super Mario Bros Movie is on its way to a $72M Friday-Sunday, the best second weekend for the animation studio. That’s a 51% ease at 4,371 theaters after a $20M second Friday, -64%. Running total by end of Sunday will be $332.8M.
Ari Aster, the horror maestro behind Hereditary and Midsommar, is out with Beau Is Afraid on four screens as A24 presents the SXSW-premiering film In LA (AMC Century City and Burbank) and New York (AMC Lincoln Square, Alamo Brooklyn), in Imax on both coasts, followed next week by a regional Imax expansion and into to
“Show me the money” was the memorable battle cry in Jerry Maguire, the 1996 movie about a sports agent who must “deliver” for his manic client. Matt Damon, the negotiator at the center of his and Ben Affleck’s new movie, delivers big time for his client, and so does the film. Air is an angry,
Deadline’s Most Valuable Blockbuster tournament took a hiatus during the pandemic as movie theaters closed for the majority of 2020-2021 and theatrical day-and-date titles on both the big screen and studios’ respective streaming platforms became more prevalent. Coming back from that brink, the studios have largely returned to their theatrical release models and the downstream
Regal took a beat from closing theaters, announcing today it’s entered a lease agreement with Onni Group to operate the former ArcLight theatre at The Paseo in Pasadena. The 14-screen theater was shuttered by Covid in March of 2020 and never returned to business. Regal will be announcing details soon including promotional offers and an official opening
Deadline’s Most Valuable Blockbuster tournament took a hiatus during the pandemic as movie theaters closed for the majority of 2020-2021 and theatrical day-and-date titles on both the big screen and studios’ respective streaming platforms became more prevalent. Coming back from that brink, the studios have largely returned to their theatrical release models and the downstream
The nation’s biggest movie theater advertising network National CineMedia said tonight it’s filed a voluntary Chapter 11 petition in U.S. District Court in the Southern District of Texas – where one of its biggest shareholders and customers, Regal parent Cineworld, has just presented a restructuring plan to emerge from bankruptcy itself. Cineworld filed in
Further to its April 3 announcement that it had reached a conditional agreement with lenders to emerge from Chapter 11, Regal owner Cineworld today submitted its reorganization plan to the U.S. Bankruptcy Court for the Southern District of Texas. In a filing to the London Stock Exchange where its shares are traded, the exhibition giant
Deadline’s Most Valuable Blockbuster tournament took a hiatus during the pandemic as movie theaters closed for the majority of 2020-2021 and theatrical day-and-date titles on both the big screen and studios’ respective streaming platforms became more prevalent. Coming back from that brink, the studios have largely returned to their theatrical release models and the downstream
Oscilloscope Laboratories’ Cannes Jury Prize Winner and Independent Spirit international film winner Joyland led New York’s Film Forum to one of its biggest opening weekends for a foreign language film in nearly a decade, taking in north of $21k on one screen, the distributor said. Buoyed by strong reviews and strategic marketing, the film by Saim Sadiq sold out nine showtimes,
Owen Wilson is back, with brushes, as the longtime host of a beloved but fading Burlington, Vermont-based PBS instructional art show. Paint from IFC Films opens on 800+ screens. Public television is always ripe for parody and happens to be a world Wilson knows. His father Robert Wilson helped launch, and ran, Dallas PBS station
Deadline’s Most Valuable Blockbuster tournament took a hiatus during the pandemic as movie theaters closed for the majority of 2020-2021 and theatrical day-and-date titles on both the big screen and studios’ respective streaming platforms became more prevalent. Coming back from that brink, the studios have largely returned to their theatrical release models and the downstream
Deadline’s Most Valuable Blockbuster tournament took a hiatus during the pandemic as movie theaters closed for the majority of 2020-2021 and theatrical day-and-date titles on both the big screen and studios’ respective streaming platforms became more prevalent. Coming back from that brink, the studios have largely returned to their theatrical release models and the downstream
The judge in a case brought by meme stock shareholders against AMC Entertainment declined to approve a settlement unveiled earlier this week that would have allowed the exhibitor to move ahead with plans to convert its AMC Preferred Equity units (APEs) to common stock, among other measures. AMC on April 3 entered into a binding
Deadline’s Most Valuable Blockbuster tournament took a hiatus during the pandemic as movie theaters closed for the majority of 2020-2021 and theatrical day-and-date titles on both the big screen and studios’ respective streaming platforms became more prevalent. Coming back from that brink, the studios have largely returned to their theatrical release models and the downstream
Deadline’s Most Valuable Blockbuster tournament took a hiatus during the pandemic as movie theaters closed for the majority of 2020-2021 and theatrical day-and-date titles on both the big screen and studios’ respective streaming platforms became more prevalent. Coming back from that brink, the studios have largely returned to their theatrical release models and the downstream
Illumination/Nintendo/Universal’s Super Mario Bros Movie doesn’t need a mushroom to get bigger, it just organically is. Out of the gate today Wednesday, sans any Tuesday previews, the feature take of the classic game is looking at $26M, for what’s translating into a $86.2M 3-day, $127.5M Wednesday through Sunday haul. Interesting, even though its opening day
Anthony Ramos and Dominique Fishback have been set to receive the Rising Stars of the Year Award at CinemaCon 2023. The Transformers: Rise of the Beasts duo will receive the recognition from NATO’s official convention at its Big Screen Achievement Awards ceremony, which takes place at The Colosseum at Caesars Palace in Las Vegas the
Deadline’s Most Valuable Blockbuster tournament took a hiatus during the pandemic as movie theaters closed for the majority of 2020-2021 and theatrical day-and-date titles on both the big screen and studio’s respective streaming platforms became more prevalent. Coming back from that pandemical brink, the motion picture studios have largely returned to their theatrical release models
Deadline’s Most Valuable Blockbuster tournament took a hiatus during the pandemic as movie theatres closed for the majority of 2020-2021 and theatrical day-and-date titles on both the big screen and studio’s respective streaming platforms became more prevalent. Coming back from that pandemical brink, the motion picture studies have largely returned to their theatrical release models
Who says people don’t go to the movies? That stale cynicism coming out of the pandemic is about to get squashed this weekend as Illumination/Universal’s The Super Mario Bros Movie is about to run up a serious box office score. With a Wednesday opening before Easter around the world, inclusive of 70 offshore markets, the
AMC Entertainment has taken a big step forward on a few key fronts, announcing a settlement in a shareholder lawsuit that would allow it to issue stock, raise capital, convert its APE units and go ahead with a ten-for-one reverse stock split – basically a lifeline if it needs one. Shareholders had approved the much-needed
Regal owner Cineworld has entered into a restructuring support agreement and a backstop commitment agreement with lenders that will, if approved, see it emerge from bankruptcy. The exhibition giant also noted today that it has received non-binding proposals for some or all of the group’s assets but determined that absent an all-cash bid significantly in
John Vanco, longtime SVP and GM of arthouse IFC Center in NYC has joined Netflix as film programmer for the streamer’s cinemas. “I’m thrilled to share the news that after 18 years of presenting the world’s best films at IFC Center, I will be moving to Netflix on April 10 to help lead their efforts
National CineMedia said today it’s negotiated a second extension of the grace period on interest payments originally due Feb. 15. A one-month grace period for a payment said to be about $6.6 million ended March 15, when the company announced lenders had agreed to another 17 days. Big ratings agencies Moody’s and S&P Global declared
As the new crop of 2023 festival favorites roll out, Focus Features presents A Thousand And One in over 900 carefully curated theaters, testing the appetite for specialty fare at a challenging moment. Short film and video director A.V. Rockwell’s feature-length debut stars Teyana Taylor as free-spirited Inez, who kidnaps her six-year-old son Terry from
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