Are summer blockbuster movies happening? Imax CEO has ‘no doubt’
3 years, 9 months ago

Are summer blockbuster movies happening? Imax CEO has ‘no doubt’

LA Times  

This is the March 2, 2021, edition of The Wide Shot, a weekly newsletter about everything happening in the business of entertainment. “The real question becomes, if theaters are open, will that occupancy restraint cause studios to still stay on the sidelines, or will they be willing to go forward,” said MKM Partners’ Eric Handler. At 25%, it’s still an iffy proposition.” While analysts espouse “cautious optimism” about the upcoming film slate — unbridled cheeriness went out of fashion a long time ago — Gelfond isn’t holding back. Adding to the good feelings were the solid box-office returns of Warner Bros.’ “Tom & Jerry,” which generated $14.1 million domestically during its opening weekend, even though it was also streaming on HBO Max. Beyond streaming, some little-seen movies were recognized, including STX’s “The Mauritanian,” “Judas and the Black Messiah” and “Minari,” which would be good for those films if more people had watched the ceremony.

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