International Box Office

Korean hit #Alive kicked up another $2.2M this weekend, holding well throughout the mid-weeks, but with an overall 63% Friday-Saturday-Sunday dip from the comparable weekend days last session. The timely thriller that’s set against the backdrop of a city in lockdown due to a virus has now grossed $11M. It’s a continued indication that moviegoers
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EXCLUSIVE: While many offshore markets are showing increasing signs of life as cinemas return, there are still several question marks surrounding when the majority of the world gets back to the theatrical business – chief among them for the international box office is China. There has been some chatter that Middle Kingdom movie theaters may
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The international box office this weekend was again led by Korea, with major local release #Alive taking a 70% share of the market. The zombie horror thriller from Spackman Entertainment’s Zip Cinema sold 1.06M tickets in its first five days for a gross of $7.4M through Sunday, again demonstrating the strength of new offerings, particularly
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As Regal Entertainment owner Cineworld prepares to re-open its movie theaters, the group has agreed a $250M secured debt facility with a set of private institutional investors. The new facility reaches maturity in 2023 and follows covenant amendments and a revolving credit facility increase of $110M set at the end of last month. Under that
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The UK’s Cinema First has announced that 450 films will be made available for theatrical screenings once movie theaters re-open for business in the coming weeks. The content has been collated by the Film Distributors’ Association with the aim of aiding programmers and cinema operators to choose the widest possible mix of product that will
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EXCLUSIVE: Looking at the international box office over the past few weekends, if there’s one trend that’s beginning to emerge from the smattering of cinemas back in operation, it’s that audiences are responding to new product — and fresh re-releases. Exhibitors are getting the job done with what’s available to them, but it’s still slim
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France’s movie theaters will be allowed to re-open from June 22, Prime Minister Edouard Philippe announced this evening. This is earlier than expected, as French Culture Minister Franck Riester said this week that cinemas were eyeing a July 1 re-start. The decision was made in concert with the industry, Philippe said today, in order to
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As France awaits official updates that are expected to come later this week with regard to the re-opening of restaurants and perhaps fewer restrictions on travel, Culture Minister Franck Riester reiterated today that cinemas are eyeing a July 1 re-start. Speaking to France Info, Riester said the government is mulling dates to re-open cultural venues
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EXCLUSIVE: It’s all very quiet on the international box office front, but this past weekend saw some decent increases in various markets. Cinemas are still just sputtering back to operations around the world, notably in parts of Europe and Asia. Germany remains the key major driving admissions — and largely from drive-ins, though Vue International’s
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Italy’s cinemas will get back to business from June 15, the government announced Saturday as it outlined an overall easing of lockdown protocols in what was the initial epicenter of the European continent’s coronavirus outbreak. As with other markets that are beginning to lift restrictions on moviegoing, there will be social distancing measures in place
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Germany’s Constantin Film has been awarded the Federal Film Board’s Branchentiger prize for the top local producer and distributor of 2019. This is the 13th consecutive year that the Resident Evil and Perfect Strangers maker has won the award. With it comes 3.1M euros in funding for seven new in-house productions as well as 600K
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Chinese authorities will allow further leisure venues, including cinemas, to gradually re-open now that the coronavirus pandemic has largely been controlled in the country, the top administrative body said on Friday. This comes after movie theaters were shuttered nationwide in January, ultimately dealing a $2.5B+ loss to the box office in just the first quarter.
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As exhibitors in major European markets begin eyeing potential openings at the end of June and through mid-July, some smaller hubs are returning to operation this week, albeit under strict social distancing guidelines and at reduced capacities. Overall, a somewhat clearer picture is beginning to emerge with regard to restarting the business in Europe —
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French movie theaters will not be allowed to re-open when the country begins to lift its lockdown on May 11, while a ban on festivals and events that draw more than 5,000 people has been extended to September. That includes professional sports, notably the 2019-2020 soccer season. France’s Prime Minister Edouard Philippe made the statements
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Alibaba Pictures, the entertainment arm of Chinese e-commerce giant Alibaba Group, has issued a profit warning, saying it expects losses for the financial year ended March 31, 2020 to range from RMB 1.1B-1.2B ($156M-$170M). That would be an increase of over 330% as compared to the previous year. The company cited “complicated difficulties in pursuing
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EXCLUSIVE: As movie theaters have shuttered around the globe due to the ongoing coronavirus pandemic, exhibition is among the front line of industry sectors feeling the crisis. Cineworld Group, which owns Regal Entertainment in the U.S. and is the world’s second biggest circuit, has faced challenges recently, including closing cinemas until further notice, a share
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