Coronavirus Outbreak: AMC, largest US movie theatre chain, warns it may not survive further film delays
4 years, 7 months ago

Coronavirus Outbreak: AMC, largest US movie theatre chain, warns it may not survive further film delays

Firstpost  

AMC said if it’s not allowed to reopen its theatres due to the coronavirus pandemic, it will need more money, which it may not be able to borrow Movie theatre chain AMC warned Wednesday that it may not survive the coronavirus pandemic, which has shuttered its theatres and led film studios to explore releasing more movies directly to viewers over the internet. Hollywood halted film production, which is likely to delay movies once theatres reopen and may limit consumer eagerness to spend money at the multiplex. Cinemark CEO Mark Zoradi said that even “below that level,” the chain’s theatres can be “very, very profitable.” Local rules for theatres vary across the US New York City has not even begun to reopen, and California hasn’t gotten to that phase of its reopening yet. “There is no denying that production delays, social distancing protocols and a general feeling of caution by movie patrons is going to pose challenges,” said Comscore media analyst Paul Dergarabedian in an email.

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History of this topic

Movies are back? At CinemaCon, theater owners and studios will make the case
9 months, 1 week ago

Movies are back? At CinemaCon, theater owners and studios will make the case

LA Times  

This week in Las Vegas, movie studios and theater owners will gather to bellow a simple message from the Colosseum stage at Caesars Palace, like King Kong roaring from the depths of Hollow Earth: Movies are back. “The beat wasn’t on a breakout performance, instead, several films outperformed — a sign that consumer demand is robust w/ legs to next …

Movie theaters make plea for more films, rail against piracy at CinemaCon 2024
9 months, 1 week ago

Movie theaters make plea for more films, rail against piracy at CinemaCon 2024

LA Times  

Charles Rivkin, chief executive of the Motion Picture Assn., addresses the audience during CinemaCon 2024 at Caesars Palace. In March, the highly anticipated sequel to Warner Bros.’ “Dune” launched at $82.5 million in the United States and Canada — the first true blockbuster opening weekend since AMC Theatres’ “Taylor Swift: The Eras Tour”. Exhibitors on Tuesday also touted the rising …

Column: There’s nothing ‘normal’ about moviegoing any more. But fall gives us reason to hope
2 years, 4 months ago

Column: There’s nothing ‘normal’ about moviegoing any more. But fall gives us reason to hope

LA Times  

Under normal circumstances, the fall season is an exciting time of renewal for regular moviegoers, an occasion to shake off the late-summer blahs and survey the cinematic scene with renewed anticipation and excitement. One movie that clearly did find its audience was “Dune,” which came away with the biggest trophy haul — hardly a surprising outcome for the year’s biggest …

Is COVID-19 again going to impact box-office? Here’s what the leading trade analysts have to say
3 years ago

Is COVID-19 again going to impact box-office? Here’s what the leading trade analysts have to say

Firstpost  

With theatres closing, the big question is – If COVID-19 is going to impact box-office again? A slowdown is expected, hopefully, it remains momentary.” Big films like Shahid Kapoor’s Jersey, SS Rajamouli’s RRR, and Akshay Kumar’s Prithviraj decided to postpone releases due to the shutting down of theatres. The ticket sales, parking, cafeteria, and everything will suffer financially.” Independent trade …

MP unlocks further: Cinema halls to open, markets to function till 10pm from today
3 years, 6 months ago

MP unlocks further: Cinema halls to open, markets to function till 10pm from today

Hindustan Times  

Madhya Pradesh will see more relaxations in the Covid-19 curbs from Tuesday. According to the latest order by the state government, the cinema halls have been allowed to operate with 50 per cent strength and restaurants with the full capacity. Madhya Pradesh on Monday reported 18 fresh coronavirus cases, which pushed its infection tally to 7,90,193, state health officials said. …

What COVID-19 rules are necessary in Hollywood right now? That’s still up for debate
3 years, 6 months ago

What COVID-19 rules are necessary in Hollywood right now? That’s still up for debate

LA Times  

Rachel Brosnahan shields herself with an umbrella while playing with a dog in between takes on the set of “The Marvelous Mrs. Maisel.” It is an example of the precautions productions have taken to limit the spread of COVID-19. An agreement over sick pay, testing, masking and other safety measures lapsed June 30 without a new deal between the Alliance …

AMC’s stock is up more than 2,000% this year. But theater chain’s problems aren’t solved
3 years, 7 months ago

AMC’s stock is up more than 2,000% this year. But theater chain’s problems aren’t solved

CNN  

New York CNN Business — AMC ’s comeback, and then some — its stock price surged to a record high on Wednesday — has been fueled by Reddit’s army of retail investors as well as some legitimate good news about customers returning to movie theaters. AMC seemed to acknowledge the bizarre situation by telling investors earlier on Thursday that the …

AMC stock jumps more than 120% to an all-time high
3 years, 7 months ago

AMC stock jumps more than 120% to an all-time high

CNN  

New York CNN Business — The hits keep coming. Shares of AMC — the largest movie theater chain in the world — surged more than 120% Wednesday to a new peak above $70 before falling back slightly. On Wednesday, AMC announced that it would reach out to its new backers with an initiative called “AMC Investor Connect.” The company described …

From F9 to Black Widow, steady stream of blockbusters to release in US since cinema shutdown in March 2020
3 years, 7 months ago

From F9 to Black Widow, steady stream of blockbusters to release in US since cinema shutdown in March 2020

Firstpost  

This summer will prove to be the biggest litmus test so far about whether habits of an average cinemagoer have changed irrevocably during the pandemic. Many of the most anticipated releases were supposed to come out a year ago, including John Krasinski’s A Quiet Place Part II, up first on 28 May, the big screen adaptation of Lin-Manuel Miranda’s Tony-winning …

Maharashtra Puts Films, TV Shoots on Hold Amid Surge in COVID Cases, Film Bodies to Approach CM
3 years, 9 months ago

Maharashtra Puts Films, TV Shoots on Hold Amid Surge in COVID Cases, Film Bodies to Approach CM

News 18  

Maharashtra government on Tuesday announced that films, TV serials and The current order has put a stop to shootings that were underway with precautions like mandatory frequent testing and avoiding scenes with large crowds. BN Tiwari, President of the Federation of Western India Cine Employees said the state government’s decision has come as a “huge shock”. According to Tiwari, shooting …

Regal Cinemas, 2nd largest chain in US, to reopen in April
3 years, 9 months ago

Regal Cinemas, 2nd largest chain in US, to reopen in April

Associated Press  

NEW YORK — Regal Cinemas, the second largest movie theater chain in the U.S., will reopen beginning April 2, its parent company, Cineworld Group, announced Tuesday. Cineworld also agreed to a new multi-year deal with Warner Bros. Beginning next year, the studio’s releases will have a 45-day exclusive window at Regal cinemas, roughly slicing in half the traditional period. “This …

New York theaters are going to open. Now will anyone show up?
3 years, 10 months ago

New York theaters are going to open. Now will anyone show up?

CNN  

New York CNN Business — Governor Andrew Cuomo announced Monday that movie theaters would reopen in New York City next month, welcome news for an industry that has been battered by the coronavirus pandemic for nearly a year. Hollywood may still be hesitant to release potential blockbusters like Marvel’s “Black Widow” or Universal’s next “Fast & Furious” movie, “F9,” until …

Cinemas to function at full capacity from 1 February; MHA issues new COVID-19 safety guidelines
3 years, 11 months ago

Cinemas to function at full capacity from 1 February; MHA issues new COVID-19 safety guidelines

Firstpost  

Film exhibitors and cinema hall owners have welcomed the decision of the Ministry of Home Affairs to increase the capacity of theatres and described the move as a big shot in the arm" for the film industry that will help the entertainment sector get back on its feet. “It will encourage a lot Hindi producers who are ready with their …

AMC’s CEO Adam Aron believes his movie theaters will survive through 2021
3 years, 11 months ago

AMC’s CEO Adam Aron believes his movie theaters will survive through 2021

CNN  

New York CNN Business — Adam Aron is in a surprisingly good mood for a CEO of a struggling theater chain that recently said it might not make it through the winter. The world’s largest movie theater company announced Monday it had raised $917 million of new equity and debt capital since mid-December. So there was something developed about 70 …

Tom Hanks Says Marvel Universe and Other Franchises Will Guarantee Cinema Halls Survive Covid-19
4 years ago

Tom Hanks Says Marvel Universe and Other Franchises Will Guarantee Cinema Halls Survive Covid-19

News 18  

Los Angeles: Hollywood veteran Tom Hanks believes movie theatres will “absolutely” sail through the coronavirus pandemic. Hanks, whose latest big screen release is “News of the World”, believes theatres will always be the go-to option for big budget franchises, like the Marvel Cinematic Universe. “Big event motion pictures are going to rule the day at the cinemas, Hanks said, adding …

The pandemic is changing Hollywood, maybe forever
4 years, 1 month ago

The pandemic is changing Hollywood, maybe forever

Associated Press  

NEW YORK — “No New ‘Movies’ Till Influenza Ends” blared a New York Times headline on Oct. 10, 1918, while the deadly second wave of the Spanish Flu was unfolding. Last month, the Walt Disney Co. experimented with the $200 million “Mulan” as a premium buy on its fast-growing streaming service, Disney+ — where the Pixar film “Soul” will also …

Cinemark signs Universal deal for early home video releases
4 years, 2 months ago

Cinemark signs Universal deal for early home video releases

LA Times  

Cinemark Theatres, the third-largest cinema chain in the U.S., has reached an agreement with Universal Pictures to allow early home video releases for the studio’s movies, marking the latest crack in the traditional theatrical window during the COVID-19 pandemic. The deal follows a similar agreement in July that Universal made with AMC Theatres, the world’s biggest movie house circuit — …

Centre says COVID-19 vaccine likely in few months, sharp rise in doubling time of cases; tally crosses 73 lakh
4 years, 3 months ago

Centre says COVID-19 vaccine likely in few months, sharp rise in doubling time of cases; tally crosses 73 lakh

Firstpost  

The Union health ministry said that the doubling time of cases in the country has increased “sharply” from 25.5 days in August, to almost 73 days currently Prime Minister Narendra Modi on Thursday called for continued vigilance against the COVID-19 pandemic, while the Union health ministry said that the doubling time of cases in the country has increased “sharply” from …

Movie theaters ‘at a crisis point’ as Regal shutdown dampens recovery hopes
4 years, 3 months ago

Movie theaters ‘at a crisis point’ as Regal shutdown dampens recovery hopes

LA Times  

The Regal Irvine Spectrum opened recently with a pricey renovation. In the latest sign of the movie industry’s poor condition amid a lack of new films, Regal Cinemas parent company Cineworld dropped a bombshell over the weekend that the British exhibitor would temporarily close operations at all 536 of Regal’s U.S. theaters on Thursday. “Movie theaters are at a crisis …

California movie theaters are reopening. Will there be any new films to show?
4 years, 3 months ago

California movie theaters are reopening. Will there be any new films to show?

LA Times  

At the sprawling Irvine Spectrum Center, the 21-screen Regal movie theater didn’t hibernate through the pandemic that has wrecked the movie industry for the last six months. Exhibitors are facing a harsh couple of months ahead as Hollywood studios continue to delay their big films after the disappointing U.S. release of Warner Bros.’s Christopher Nolan movie “Tenet,” which grossed $29 …

After 5 months, AMC Theaters reopens its doors, cautiously
4 years, 4 months ago

After 5 months, AMC Theaters reopens its doors, cautiously

Associated Press  

WEST HOMESTEAD, Pa — The doors to the AMC Waterfront 22 were locked. Leslie Lopez came out with her 5-year-old daughter to see the live-action “Beauty and the Beast,” as did Lindsey Adams with her 3-year-old, bedecked in Belle’s golden ball gown. “We’re sure the theater has done everything they could.” There was a bit of a learning curve for …

Movie theaters are starting to reopen. Will anyone go?
4 years, 4 months ago

Movie theaters are starting to reopen. Will anyone go?

CNN  

New York CNN Business — For the first time in roughly five months, AMC Theatres will pop the popcorn, dim the lights, and start the show. Christopher Nolan’s thriller “Tenet” doesn’t hit theaters in the United States until September 3, and Disney’s “Mulan” is not on AMC’s release slate. Paul Degarabedian, senior media analyst at Comscore, told CNN Business that …

AMC is reopening its theaters this month with 15-cent tickets
4 years, 5 months ago

AMC is reopening its theaters this month with 15-cent tickets

CNN  

New York CNN Business — AMC is finally reopening its theaters, and guests will need to spend just 15 cents to get in. AMC added that it expects to open two-thirds of its more than 600 US theater locations by the time Christopher Nolan’s thriller “Tenet” hits theaters on September 3. AMC ’s other US theaters will open “only after …

Movie theaters implore studios: Release the blockbusters
4 years, 5 months ago

Movie theaters implore studios: Release the blockbusters

Associated Press  

NEW YORK — A long time ago in a pre-COVID universe far, far away, blockbusters opened around the globe simultaneously or nearly so. “Distributors who want to play movies theatrically, they can’t wait until 100% of markets are allowed open because that’s not going to happen until there’s a vaccine widely available in the world.” “The old distribution models of …

AMC Theatres postpones reopening again as summer blockbusters are delayed
4 years, 5 months ago

AMC Theatres postpones reopening again as summer blockbusters are delayed

CNN  

New York CNN Business — With summer blockbusters pushing back their release dates because of coronavirus, AMC Theatres is delaying its opening once again. “This new timing reflects currently expected release dates for much anticipated blockbusters like Warner Bros.’ ‘Tenet’ and Disney’s ‘Mulan,’ as well as release dates for several other new movies,” the company said in a release. Warner …

Cinemas in China reboot in July
4 years, 5 months ago

Cinemas in China reboot in July

China Daily  

Two moviegoers show their ticket stubs at a cinema in Wuhan, Central China's Hubei province, on July 20, 2020. Chinese movie theaters in low-risk areas were allowed to resume operation starting on Monday following an improvement in the COVID-19 epidemic situation, the China Film Administration announced last Thursday. The online booking system for the 23rd Shanghai International Film Festival saw …

Cinemas in China begin to reopen after six-month coronavirus closure
4 years, 5 months ago

Cinemas in China begin to reopen after six-month coronavirus closure

Live Mint  

Some cinemas in Chinese cities from Shanghai to Chengdu reopened on Monday after a six-month closure, raising hope that the world's second largest movie market can start to recover from painful losses during the coronavirus pandemic. Chinese authorities last week said they would allow movie theatres in low-risk areas to resume operations in a restricted fashion, a long-awaited piece of …

AMC Theatres postpones reopening in US amid ongoing COVID-19 pandemic
4 years, 6 months ago

AMC Theatres postpones reopening in US amid ongoing COVID-19 pandemic

China Daily  

Cast member Liu Yifei poses at the premiere for the film Mulan in Los Angeles, California, US, March 9, 2020. AMC Theatres, the largest US movie theater chain with Chinese conglomerate Wanda Group owning a majority stake, will postpone its reopening date by two weeks to July 30 amid the COVID-19 cases spike in the country, the company announced Monday. …

With Big Summer Films Delayed, AMC Theatres Puts Off U.S. Reopening
4 years, 6 months ago

With Big Summer Films Delayed, AMC Theatres Puts Off U.S. Reopening

NPR  

With Big Summer Films Delayed, AMC Theatres Puts Off U.S. Reopening Enlarge this image toggle caption Amy Sussman/Getty Images Amy Sussman/Getty Images Updated at 9:31 p.m. ET The nation's largest movie theater chain is delaying its U.S. reopening until the end of July because film companies have postponed release dates of two anticipated blockbusters. AMC Theatres announced that a first …

Coronavirus Outbreak: After Tenet, Disney's Mulan stands postponed; film will now release on 21 August
4 years, 6 months ago

Coronavirus Outbreak: After Tenet, Disney's Mulan stands postponed; film will now release on 21 August

Firstpost  

US movie theatres planned their widespread reopening around the release of Tenet and Mulan, but with the surge of coronavirus cases in parts of the country, those films have been pushed ahead. “We are choosing to open the movie mid-week to allow audiences to discover the film in their own time, and we plan to play longer, over an extended …

AMC Theatres CEO Adam Aron will wear a mask to the movies
4 years, 6 months ago

AMC Theatres CEO Adam Aron will wear a mask to the movies

CNN  

New York CNN Business — Adam Aron, the CEO of AMC Theatres, doesn’t just believe it’s safe to go back to AMC to catch a movie, he says he might even see a double feature when the world’s largest movie theater chain reopens next month. We hired as consultants faculty of Harvard University School of Public Health, and we’ve put …

AMC Theatres reopening next month with new health guidelines for going to the movies
4 years, 6 months ago

AMC Theatres reopening next month with new health guidelines for going to the movies

CNN  

New York CNN Business — AMC Theatres — the world’s largest movie theater owner — announced Thursday that it is set to reopen its more than 600 US theaters next month with new safety and health measures to help curb the spread of coronavirus. The company said it will begin a multi-phase reopening on July 15, adding that it expects …

AMC Theatres will reopen July 15. Will people show up?
4 years, 6 months ago

AMC Theatres will reopen July 15. Will people show up?

LA Times  

AMC Theatres, the world’s largest cinema chain, will reopen most of its U.S. theaters on July 15, the Leawood, Kan.-based exhibitor said Thursday. Nearly all of AMC’s theaters will be open in time for the July 24 debut of Walt Disney Co.’s “Mulan,” the firm said. AMC Chief Executive Adam Aron said the company has worked for months on its …

Cinemark adds fresh air, cashless ticketing and classic movies for reopening
4 years, 6 months ago

Cinemark adds fresh air, cashless ticketing and classic movies for reopening

LA Times  

Shown is the entrance of a Cinemark movie theater in the Playa Vista neighborhood of Los Angeles. Los Angeles has yet to set a date for reopening theaters, but Cinemark Chief Executive Mark Zoradi said in an interview that he expects it will be in mid-July, before the debut of Walt Disney’s “Mulan” on July 24. Customers will have to …

Coronavirus Outbreak: AMC says 98 percent of its movie theatres are expected to reopen by mid-July
4 years, 7 months ago

Coronavirus Outbreak: AMC says 98 percent of its movie theatres are expected to reopen by mid-July

Firstpost  

Last week, AMC flagged ‘substantial doubts’ about its ability to continue operations, if it was forced to keep its theaters closed for a longer period. After three months of near-total blackout of cinemas nationwide, movie theaters are preparing to reopen — even if it means only a few titles on the marquee and showings limited to as little as 25 …

Movie theaters, shuttered for months, plan July reopening
4 years, 7 months ago

Movie theaters, shuttered for months, plan July reopening

Associated Press  

NEW YORK — After three months of near total blackout of cinemas nationwide, movie theaters are preparing to reopen — even if it means only a few titles on the marquee and showings limited to as little as 25% capacity. A lot is still “fluid,” as AMC Entertainment’s chief executive, Adam Aron, said in a call Tuesday with investors. Aron …

Coronavirus Outbreak: California movie theatres to reopen from 12 June with limited capacity, subject to county approval
4 years, 7 months ago

Coronavirus Outbreak: California movie theatres to reopen from 12 June with limited capacity, subject to county approval

Firstpost  

In California, theaters must receive approval for their reopening plans from county health officials, who should consider rate of coronavirus infection, local preparedness to handle new cases and other metrics. California movie theaters can begin opening later this week if they limit theater capacity to 25% or no more than 100 attendees, under state guidance released Monday. The state recommends …

Cinema chain AMC warns it may not survive the pandemic
4 years, 7 months ago

Cinema chain AMC warns it may not survive the pandemic

Associated Press  

Movie theater chain AMC warned Wednesday that it may not survive the coronavirus pandemic, which has shuttered its theaters and led film studios to explore releasing more movies directly to viewers over the internet. Cinemark CEO Mark Zoradi said that even “below that level,” the chain’s theaters can be “very, very profitable.” Local rules for theaters vary across the U.S. …

AMC Theatres has ‘substantial doubt’ it can remain in business
4 years, 7 months ago

AMC Theatres has ‘substantial doubt’ it can remain in business

CNN  

New York CNN Business — AMC Theatres, the world’s biggest movie theater chain, said on Wednesday that it has “substantial doubt” it can remain in business after closing locations across the globe during the coronavirus pandemic. “Even if governmental operating restrictions are lifted in certain jurisdictions, distributors may delay the release of new films until such time that operating restrictions …

Coronavirus Outbreak: Hollywood studios, unions seek expert advice to develop guideline for safe resumption of film, TV shooting
4 years, 7 months ago

Coronavirus Outbreak: Hollywood studios, unions seek expert advice to develop guideline for safe resumption of film, TV shooting

Firstpost  

The coronavirus shutdown has taken a severe financial toll across the film industry, as well as on cities such as Los Angeles that benefit economically from production. The coronavirus pandemic has prompted producers, movie studios and workers’ unions to seek expert advice on how to safely reopen film and TV sets, which shut down worldwide in mid-March. Perry’s 330-acre self-contained …

Coronavirus: Independent cinemas in UK unlikely to open before September, survey finds
4 years, 7 months ago

Coronavirus: Independent cinemas in UK unlikely to open before September, survey finds

The Independent  

Get our free weekly email for all the latest cinematic news from our film critic Clarisse Loughrey Get our The Life Cinematic email for free Get our The Life Cinematic email for free SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Most independent cinemas in the UK say …

Coronavirus outbreak may not erode movie superstardom in India, but change the definition as we know it today
4 years, 7 months ago

Coronavirus outbreak may not erode movie superstardom in India, but change the definition as we know it today

Firstpost  

If there was any threat to the traditional theatrical model of film exhibition from the influx of streaming services in India, it has gotten accelerated by the coronavirus outbreak. Several films like Shoojit Sircar’s Gulabo Sitabo and Anu Menon’s Shakuntala Devi, designed and planned as theatrical releases, have been bought by Amazon Prime Video India for direct-to-digital premiere. Moreover, they …

Coronavirus is going to make film shoots more expensive. Here’s how
4 years, 7 months ago

Coronavirus is going to make film shoots more expensive. Here’s how

LA Times  

Hollywood is hoping that film shoots — shuttered more than two months ago because of the coronavirus crisis — will resume as early as mid-June. “It’s going to be a hit, for sure,” said one production executive who was not authorized to speak publicly and requested anonymity. Plans are “obviously a work in progress,” production controller Nour Dardari, who has …

Coronavirus Outbreak: Russell Crowe's Unhinged to be first major movie release when US theaters reopen
4 years, 8 months ago

Coronavirus Outbreak: Russell Crowe's Unhinged to be first major movie release when US theaters reopen

Firstpost  

Solstice Studio said the decision to advance Unhinged’s release was made after extensive consultation with the National Association of Theatres and leading theatre chains. Russell Crowe’s upcoming thriller movie Unhinged will be the first movie to be released in American theatres since they were shut due to the coronavirus pandemic. The studio said the decision to advance the film’s release …

Coronavirus shut down production. But Iceland could help Hollywood reopen
4 years, 8 months ago

Coronavirus shut down production. But Iceland could help Hollywood reopen

LA Times  

Einar Tómasson’s phone and emails had been virtually silent for weeks — until last Wednesday. The Slovak Film Commission also sent an email to location scouts: “Slovakia is considered as one of the safest countries with low-risk level during the pandemic.” Hollywood Inc. Reopening California: Hollywood is figuring out how to start rolling again Hollywood is eager to get back …

Struggling AMC to raise $500 million amid the coronavirus crisis. But when will theaters reopen?
4 years, 9 months ago

Struggling AMC to raise $500 million amid the coronavirus crisis. But when will theaters reopen?

LA Times  

AMC Theatres said it will raise $500 million in a private debt offering in order to stay afloat during the public health emergency that forced the closure of all 1,000 of its global locations. President Trump on Thursday offered beleaguered movie theaters a glimmer of hope that they could gradually return to business in the coming months, as the nation’s …

Coronavirus Outbreak: Kollywood faces unprecedented economic, social challenges once lockdown lifts
4 years, 9 months ago

Coronavirus Outbreak: Kollywood faces unprecedented economic, social challenges once lockdown lifts

Firstpost  

Tamil cinema has witnessed a complete shutdown following the outbreak of coronavirus in India. Producer and distributor G Dhananjayan adds, “Never ever seen this kind of complete shutdown of all wings of the film industry, even during Vishal’s 48-day strike against Digital Service Providers, the theatres were functional. JSK Films’ Satish Kumar, who is also a member of various film …

The coronavirus won’t end moviegoing, but it could change it
4 years, 9 months ago

The coronavirus won’t end moviegoing, but it could change it

CNN  

New York CNN Business — Last year was a good year for the film industry. Jeff Bock, a senior analyst at entertainment research firm Exhibitor Relations, believes that theaters will ultimately rebound from the coronavirus outbreak, but it won’t come without “great losses.” “The industry is morphing before our very eyes and the old Hollywood adage, ‘nobody knows anything,’ is …

Will movie theaters — and moviegoing — survive coronavirus closures?
4 years, 9 months ago

Will movie theaters — and moviegoing — survive coronavirus closures?

LA Times  

Movie theaters have been closed across the nation. “But it’s enough to keep a couple kids working.” Even before the exhibition industry effectively shut down nationwide last week, the COVID-19 pandemic had deteriorated into a dire situation for movie theater companies, many of which are mom-and-pop indie shops with just a handful of theaters. “Literally we don’t have a penny …

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