“I do think the studies will get paid, like they usually do, whatever they are owed. Because we are the suppliers and that’s usually what happens,” Lionsgate vice chair Michael Burns said Wednesday of the Chapter 11 filing earlier in the day by Regal Cinemas’ parent Cineworld. “Those things seem to go through the same
IMAX
Cineworld,, staggering under heavy debt and facing a dip in box office revenue this quarter, asserted Friday that it’s business as usual for the giant movie chain while it explores options. The statement follows a report today that the U.K parent of Regal Cinemas is preparing to file for bankruptcy. Cineworld presaged a potential Chapter 11
Refresh for latest…: Happy New Year, Peter Parker! In its third weekend, Sony/Marvel’s Spider-Man: No Way Home has lifted its global cume to $1.37B, becoming the 12th highest-grossing film of all time worldwide. Slinging up another $78.3M in 61 international box office markets this session, Spider-Man: No Way Home now has an offshore cume of
Imax grossed $95,000 live simulcasting the Kanye West (with special guest Drake) benefit concert at the L.A. Coliseum to 35 Imax theaters — a one-night event Thursday that included seven sellouts despite being available to stream live on Amazon Prime. The show, Imax’ first live concert event, comes as the large format exhibitor experiments with
Sean Baker’s Red Rocket, the highest-profile specialty opening to report numbers this weekend (i.e. not distributed by a streamer) posted a solid $96,953 for a per screen average of $16,158 in six theaters in New York/Los Angeles. Critics are calling the film about a washed up porn star returning to his hostile Texas hometown audacious
EXCLUSIVE: By this weekend, Warner Bros/Legendary’s Dune will cross $100M, making it the second movie from the studio this year to clear the century mark stateside off their controversial day-and-date theatrical HBO Max pandemic strategy. But with the Denis Villeneuve-directed adaptation of the Frank Herbert exclusively available in theaters now in its second month of release, sans
Imax has named former Lionsgate and Netflix publicity veteran Julie Fontaine as SVP Marketing in what is a newly created position at the large-format exhibitor. She will report directly to Imax chief marketing officer Denny Tu. Fontaine will oversee strategic marketing campaigns and creative for Imax’s global event features lineup as well as product and
Refresh for latest… Disney/Marvel’s Eternals has come in ahead of projections with an opening weekend of $90.7M at the international box office, and $161.7M global when paired with domestic. This gives the Chloé Zhao-directed film bragging rights to the second-biggest worldwide opening for a Hollywood title in 2021. The global debut sets Eternals 26% ahead
Refresh for latest…: MGM/Eon/Universal’s No Time To Die, as projected, crossed the $600M global mark this weekend, leading international box office play with an additional $51.9M from 72 combined Universal and MGM markets. That lifts the offshore cume to $472.4M and worldwide to $605.8M. The bulk of the weekend’s business came from China where 007
Imax sales surged last quarter as it delivered $142 million in global box office sales — up 100% year-over-year. It’s since broke records for the high-grossing month of October, with Dune being the latest hit Stateside, and said it expects an accelerating pipeline of blockbusters set for exclusive theatrical release to further build consumer momentum
Refresh for latest…: There were milestones aplenty this weekend at the global and international box office with three Hollywood heavy-hitters reaching important new benchmarks. Among them, MGM/Eon/Universal’s No Time To Die crossed both $400M overseas and $500M worldwide while Sony’ Venom: Let There Be Carnage topped $350M globally. The weekend leader, however, was Warner Bros/Legendary’s
Denis Villeneuve’s sci-fi epic Dune hit China today with an estimated RMB 42 million ($6.5 million) on 28,274 screens and a 34.3% share of the market. While we do not yet have a social score, Friday’s estimate would portend a weekend in the $20M+ neighborhood as we noted coming into the session. Handled in China
Refresh for latest…: MGM/Eon/Universal’s No Time To Die has sped the Aston Martin past the $300M global mark, coming off of an $89.54M sophomore frame at the international box office. That lifts James Bond 25’s overseas cume to $257.27M and, including domestic’s start this session, brings the worldwide total to $313.3M. The overall drop from
When the studio gets rich on a box office hit, exhibition shares in that and there was certainly a downpour of cash for the latter thanks to the $90M pandemic domestic opening record of Sony’s Venom: Let There Be Carnage, and also the $119M launch of MGM/UAR/Universal’s No Time to Die. The No. 1 circuit in the
Following last year’s cancelation and this year’s postponements, the annual CineEurope convention kicks off today in Barcelona. And what better time for studios and overseas exhibition to come together and celebrate the theatrical experience as we come off of a banner international box office weekend led by MGM/Eon/Universal’s lively launch of No Time To Die.
Refresh for latest…: A big and busy weekend at the international box office reaffirmed the power of theatrical as MGM/Eon/Universal’s No Time To Die bonded with audiences to the tune of $119.1M, coming in over on yesterday’s estimates. In like-for-like markets at current exchange rates No Time To Die is in line with Skyfall, and
Refresh for latest…: Warner Bros/Legendary’s Dune continued its spicy run at the international box office this weekend, adding a further $26.3M from 32 markets to lift the offshore total to $76.5M. To quote the Denis Villeneuve-directed film, this is only the beginning as the sci-fi epic is in early overseas release with many key areas
Refresh for latest…: Warner Bros/Legendary’s Dune has surpassed expectations, harvesting $36.8M at the international box office from just 24 markets in early release. The Denis Villeneuve-directed sci-fi epic was the top movie overseas this weekend, coming in with No. 1s in virtually all openings. In like–for-likes and at today’s rates, Dune is tracking 4% ahead
Rich Gelfond said he’d love Paramount to rethink Top Gun: Maverick’s recent move from this fall to next May, but it’s not likely. “I have spent a lot of time close to a lot of the decision makers at Paramount and… in Top Gun they think they have something very special. Tom Cruise waited more
According to Imax chief executive Rich Gelfond, the box office power of Disney/Marvel’s Shang-Chi And The Legend Of The Ten Rings should lay to rest the question of moviegoers’ willingness to return to theaters. “The studios said, ‘This is an experiment.’ I think there is an answer to the experiment. We release it in the theatrical window
Refresh for latest…: Disney/Marvel’s Shang-Chi And The Legend Of The Ten Rings outperformed expectations at the global and international box office this weekend, coming in with $56.2M overseas for the standard frame, and a new Labor Day record $83.5M for the four-day domestic session ($71.4M three-day). Combined, and including the Labor Day estimate, the worldwide
Never underestimate the power of the big screen, even as a marketing tool. This past weekend, the film and music industries crossed roads as Imax delivered a unique global stunt for 2x Grammy nominee and multi-platinum selling pop performing artist Halsey timed to her fourth studio album, If I Can’t Have Love, I Want Power.
Big format giant Imax reported a surge in revenue last quarter and narrower losses compared with a shuttered 2020 as CEO Rich Gelfond said a deluge of Hollywood tentpoles arriving will drive people to theaters. The stock popped higher in after hours trading — up more than 3.5%. Imax posted revenue of $51 million revenue
UPDATE: Disney/Marvel’s Black Widow narrowly led the international box office for Hollywood films this weekend, grossing an additional $29.9M from 48 material markets. That’s a 55% drop from opening, which most agree is decent even if there’s no getting around the fact that these are not Marvel-ous numbers. The overseas total is now even with
Imax announced Monday that Marvel Studios’ Black Widow — set for released by Disney July 9, will debut with 22 minutes of select scenes in expanded aspect ratio exclusively in Imax. The Scarlett Johansson-starrer is the first new movie in “Phase Four” of the Marvel Cinematic Universe and the first new Marvel Studios theatrical release
Refresh for latest…: Warner Bros/Legendary’s Godzilla Vs Kong has reached a new global benchmark, crossing $400M with a cume through Sunday of $406.6M worldwide. Of that, $320M comes from the international box office in 41 markets. The monster mash, already the biggest Hollywood movie of the pandemic era, continues to track above its Monsterverse predecessors.
Imax and Imagine Documentaries have formed a five-year production and distribution agreement, a slate which will include movies on the subjects of space, exploration, natural sciences, music, civilization, society and more. The first title to be released under the agreement is Eliza McNitt’s Mars 2080 in 2022, produced by Apollo 13‘s Brian Grazer and Ron Howard,
Imax CEO Rich Gelfond earned $6.9 million last year, down slightly from $7.1 million in 2019 as the pandemic shuttered theaters and Imax screens around the world. The package included base pay of $1.2 million and a stock award valued at $5.5 million. Imax, while hard hit like the rest of the industry, was able
Refresh for latest…: Warner Bros/Legendary’s Godzilla Vs Kong continues to dominate the global and international box office, now with a $288.3M cume offshore for $357.8M worldwide. It will soon cross Tenet globally and overseas. Domestically, it has overtaken Tenet to become the No. 1 grossing movie of the pandemic era. The full overseas weekend was
Refresh for latest…: After logging the best pandemic-era start for a Hollywood movie at the international box office last weekend, Warner Bros/Legendary’s Godzilla Vs Kong has punched up $285.4M worldwide through Sunday. The overseas running total, which added $76.1M this weekend, is $236.9M, giving GVK bragging rights as the quickest studio movie released during Covid