Posts filtered by tags: Cineworld[x]


New York City movie theaters will reopen on March 5 at limited capacity, Cuomo says

A view outside AMC 34th Street 14 movie theater during the coronavirus pandemic on May 14, 2020 in New York City. Noam Galai/Getty Images New York City movie theaters will be able to reopen on March 5 at 25% capacity, Gov. Cuomo said Monday. Cuomo also said assigned seating, social distancing, and other health precautions would be in place. New York City movie theaters have been closed for nearly a year. Visit the Business section of Insider for more stories. After nearly a year of being s...
Tags: Christopher Nolan, UK, New York, Media, Entertainment, New York City, Amc, Disney, US, Trends, Nato, Amc Theatres, Cineworld, Warner Bros, Andrew Cuomo, Comscore

The movie-grading company CinemaScore navigated a chaotic year for the theater business. Now it wants to grow by courting streamers.

A Regal movie theater in New York City. Noam Galai/Getty Images CinemaScore president Harold Mintz talked with Insider about how the company has adapted to the pandemic. He discussed the state of the movie industry and why he thinks theaters aren't dead. And he said CinemaScore has ambitions to move into the streaming realm. Visit the Business section of Insider for more stories. Warner Bros.' new crime thriller "The Little Things" hit theaters over the weekend at a time when cinemas are i...
Tags: New York, Hollywood, Media, Entertainment, New York City, Amc, Disney, US, Los Angeles, Trends, Netflix, Streaming, Cineworld, Warner Bros, Edward, Denzel Washington

Data suggests 'Wonder Woman 1984' is giving HBO Max a huge boost as the movie struggles at the box office

Gal Gadot as Wonder Woman in "Wonder Woman 1984." Clay Enos/DC Comics/Warner Bros. "Wonder Woman 1984" dropped 67% at the domestic box office in its second weekend with $5.5 million. It made just $10 million over the weekend in 40 international markets and has grossed $118.5 million globally so far. It cost $200 million to make. As the movie struggles at the box office, new data from the research startup Antenna suggests that it's giving HBO Max a boost. "Wonder Woman 1984" and "Hamilton,"...
Tags: Amazon, Hbo, Christopher Nolan, UK, Hollywood, Movies, Media, Entertainment, China, US, Trends, Analysis, Streaming, Roku, Suicide Squad, Box Office

The biggest US movie-theater trade group says it's optimistic about a return to normalcy in the spring, but many consumers are wary

An AMC theater in Burbank, California in April. Associated Press Congress passed a pandemic relief bill on Monday that included $15 billion in grants for independent movie theaters, but does not include relief for large theater chains. The National Association of Theatre Owners praised the bill and president John Fithian said that there's "a very real chance that our business can begin to return to normal in the spring." But the organization will continue to seek help for large chains. The...
Tags: Hbo, UK, Hollywood, Movies, Media, Entertainment, Congress, Amc, Disney, US, Trends, Analysis, Nato, Amc Theatres, Deloitte, Cineworld

Regal Cinemas Owner Cineworld Hopes For Amicable Agreement After Warner Bros.’ HBO Max Shocker

Regal Cinemas owner Cineworld Group is hoping for an agreement on release windows after Warner Bros.’ shock announcement on Thursday that their entire 2021 slate would release simultaneously in cinemas and on HBO Max day and date. In a statement released Friday, a Cineworld spokesperson said: “Cineworld was aware of WB’s plan to release ‘Wonder […]
Tags: Hbo, News, Global, Cineworld, Warner Bros, WB, Regal, Regal Cinemas, Cineworld Group, HBO Max Shocker

AMC is Not Happy With Warner Bros. 2021 HBO Max Release Plans, Other Major Exhibitors React

The entire theatrical landscape shifted yesterday when Warner Bros. announced that it would be releasing its entire 2021 theatrical slate day-and-date in theaters and on HBO Max. The film world was left reeling by this game-changing decision, most of all theater exhibitors — many of whom received a heads up only an hour before Warner Bros. broke the news. Smaller exhibitors learned only seven minutes prior to the bombshell. So naturally, they’re all a little miffed by the decision, which many a...
Tags: Hbo, Christopher Nolan, UK, Movies, Amc, US, Exhibition, Amc Theatres, Cineworld, Warner, Warner Bros, Warner Brothers, Kong, WB, AMC Theaters, Adam Aron

Can ‘Wonder Woman 1984’ Lasso a Hit for the International Box Office?

If there was ever an industry that needed saving this holiday season, it would be exhibition. And if there was anyone up for the job, who else but Wonder Woman? But Warner Bros.’ plan for a global theatrical roll-out of sequel “Wonder Woman 1984” ahead of a U.S. launch on HBO Max is a mixed […]
Tags: News, Global, Vue, Cineworld, Warner Bros, International Box Office, Wonder Woman 1984, HBO Max

Regal Owner Cineworld Group Secures Lifeline With $450 Million Debt Facility

Beleaguered Regal cinema chain operator Cineworld Group has found a lifeline by securing a new debt facility of $450 million and the issue of equity warrants. The company has agreed bank covenant waivers until June 2022 and has extended the maturity of its $111 million incremental revolving credit facility from Dec. 2020 to May 2024. […]
Tags: News, Global, Cineworld, Regal, Cineworld Group, No Time To Die, Regal Owner Cineworld Group

Regal Owner Cineworld Considering Insolvency Process That Could See Some Screens Permanently Shuttered

The Cineworld Group, the second largest cinema chain in the world, which also operates the Regal cinemas in the U.S., is exploring an insolvency process in the U.K. that will cut costs, but could shutter some British sites permanently. Known as a “company voluntary arrangement” (CVA), Cineworld is currently discussing the process with lenders, according […]
Tags: News, Global, James Bond, Cineworld, Regal, Cineworld Group, CVA Cineworld

Cineworld Group Considering Insolvency Process That Could See Some U.K. Screens Permanently Shuttered

The Cineworld Group, the second largest cinema chain in the world, which also operates the Regal cinemas in the U.S., is exploring an insolvency process in the U.K. that will cut costs, but could shutter some British sites permanently. Known as a “company voluntary arrangement” (CVA), Cineworld is currently discussing the process with lenders, according […]
Tags: News, Global, James Bond, Cineworld, Regal, Cineworld Group, CVA Cineworld

McDonald's is getting into plant-based meats

Hi! Welcome to the Insider Advertising daily for November 10. I'm Lauren Johnson, a senior advertising reporter at Business Insider. Subscribe here to get this newsletter in your inbox every weekday. Send me feedback or tips at [email protected]: We are looking for nominations for our annual list of rising stars of Madison Avenue. Submit your nominations here by November 16.Today's news: McDonald's gets into plant-based meat, AMC stock soars on COVID vaccine news, and Trump's re...
Tags: UK, New York, Media, Washington, White House, Amc, Advertising, Marketing, Disney, US, Trends, Syria, New York Times, Mcdonald's, Pfizer, Amc Theatres

Struggling Movie Theaters See Glimmer of Hope Following Coronavirus Vaccine News

News of a potential coronavirus vaccine sent shares of movie theater chains soaring on Monday. For the first time in a long time, it seems, cinema owners and investors see hope for a sector that has been decimated by the public health crisis. “We have not heard good news for awhile, and this is unqualified […]
Tags: News, Imax, Amc Theatres, Cineworld

AMC is up 80% as movie-theater stocks stocks surge after Pfizer says its COVID-19 vaccine is effective

A view outside AMC 34th Street 14 movie theater during the coronavirus pandemic on May 14, 2020 in New York City. Noam Galai/Getty Images Stocks for AMC Theatres and Cinemark Theatres surged on Monday following optimistic coronavirus vaccine news from the pharmaceutical company Pfizer. AMC shares were up 80% and Cinemark shares were up 40%. Disney shares were also up 10%. It's a rare bit of good news for the movie-theater industry, which has been devastated by the pandemic. Other major cha...
Tags: UK, Hollywood, Movies, Media, Entertainment, Amc, Disney, US, Trends, Pfizer, Amc Theatres, Universal, Cineworld, Warner Bros, Pixar, Universal Pictures

The China box office has surpassed North America's as the biggest in the world this year with $2 billion

"Legend of Deification" Beijing Enlight Pictures The China box office this year has earned $1.99 billion, surpassing North America's $1.94 billion. The China box office has been boosted by local blockbusters like "My People, My Homeland" and the animated "Legend of Deification," which both earned more than $150 million in one weekend earlier this month. Theaters in the US are struggling amid the pandemic as movie studios delay movies or move them to streaming or digital-rental platforms.  ...
Tags: UK, Hollywood, Movies, Media, Entertainment, China, Disney, US, Trends, Box Office, Cineworld, North America, China Box Office, Travis Clark, Warner Bros Tenet, My People My Homeland

Disney's decision to debut Pixar's 'Soul' on Disney Plus at no extra cost shows how it's changing strategies after its 'Mulan' experiment

Pixar's "Soul" comes to Disney Plus on December 25. Disney/Pixar Disney announced on Thursday that its Pixar movie "Soul" would debut on Disney Plus on December 25 at no additional cost. It's the latest sign that its strategy to release "Mulan" on the streamer for a $30 fee resulted in disappointing figures. The company has not released any official viewership data. Disney also delayed the theatrical release for "Black Widow" to next year, opting not to release it to Disney Plus. This ...
Tags: UK, Hollywood, Media, Entertainment, Disney, US, Trends, Analysis, Netflix, Streaming, Mulan, Cineworld, Nielsen, Pixar, Samba TV, Travis Clark

Vue Group Reduces Cinema Operations in the U.K.

The beleaguered exhibition sector in the U.K. took a further hit with Vue Cinemas switching to a weekends-only model for around a quarter of its 87 sites. “We remain committed to ensuring that Vue has a long-term future, to protecting the livelihoods of our staff and keeping our doors open to ensure our cinemas continue […]
Tags: News, Global, Cineworld, U K, Vue Cinemas, Tim Richards, Vue Group Reduces Cinema Operations

Theater Updates: Drive-In Screenings Now Meet Oscar Requirements, Some Regal Theaters Are Staying Open in California, and More

The turmoil of the theatrical exhibition industry has been well documented since the pandemic began, but considering all of the insanity that’s been going on in the country over the past couple of days, it’d be totally understandable a detail or two slipped through the cracks. That’s where we come in: here are some theater updates involving some Regal theaters deciding to stay open, NATO’s plea for you to #SaveYourCinema, and a tweaked Oscar eligibility rule. Seven Regal Theater Locations St...
Tags: Movies, Congress, California, United States, Nato, Manchester, Exhibition, Cineworld, Academy Awards, Steven Spielberg, Martin Scorsese, Academy Of Motion Picture Arts And Sciences, Carlsbad, Tenet, National Association of Theatre Owners, Business and Industry News

HBO owner WarnerMedia will reportedly cut thousands of jobs as COVID-19 ravages sales from movie tickets, subscriptions, and TV ads

WarnerMedia owns HBO, famous for series such as "Game of Thrones." HBO AT&T-owned WarnerMedia will cut thousands of jobs, beginning in the coming weeks, to reduce its costs by 20%, the Wall Street Journal reported on Thursday. The layoffs are expected to take place at the company's TV channels HBO, TBS, and TNT, as well as Warner Bros., according to the Journal.The cuts come as sales in movie tickets, cable subscriptions, and television ads continue to struggle.WarnerMedia already cut more ...
Tags: Hbo, UK, Layoffs, California, Finance, Disney, US, Trends, Netflix, AT&T, James Bond, Daniel Craig, Cineworld, Warner Bros, Nbc Universal, Disneyland

Cineworld’s Last Night Before Closures Welcomes Film Fans, Doubtful of Returning Anytime Soon

As moviegoers hurried into the Cineworld Leicester Square cinema in London on Thursday evening, eager to catch final screenings before what could be a six-month closure, some staff couldn’t believe the beeline of customers before them. “I wasn’t expecting all these people,” says one slightly stunned front-of-house employee from behind a mask, glancing nervously over […]
Tags: London, News, Global, Cineworld, Tenet, Cineworld Leicester Square

'We could lose movie theater-going forever,' warns Patty Jenkins, director of 'Wonder Woman 1984,' amid film delays and cinema closures

Director Patty Jenkins and actress Gal Gadot at the premiere of "Wonder Woman" Barry King/Getty Image "Wonder Woman" director Patty Jenkins fears the pandemic could cause movie-going to be lost "forever." Jenkins' own "Wonder Woman 1984" is among many big releases that have been delayed due to the pandemic.  Last week, Cineworld, the world's second-largest cinema owner, announced the temporary closure of its 536 Regal Cinemas. Jenkins warned that streaming could dominated the movie industr...
Tags: New York City, US, Los Angeles, Trends, Movie, Cinema, House Of Representatives, Retail, James Bond, US Senate, Wonder Woman, Cineworld, Martin Scorsese, Reuters, Gal Gadot, Jenkins

UK furloughed hospitality workers: tell us about your experiences

We want to hear how you are finding it and what concerns you have for the futureWith the government furlough scheme coming to an end on 31 October, more than a third of UK employers plan to make staff redundant over the next three months, according to research.The hospitality industry has been one of the worst sectors affected with fears that 300,000 people could lose their job. Earlier this week, the UK’s largest cinema operator Cineworld confirmed it will temporarily close all of its 127 sites...
Tags: UK, Cineworld, UK job furlough scheme

Cineworld Chief Asks U.K. Government to Reinstate Furlough as Staff Seek Clarity on Pay

Mooky Greidinger, CEO of the Cineworld multiplex group, has written to U.K. Prime Minister Boris Johnson, asking him to reinstate the government furlough scheme, he revealed in a letter to employees on Wednesday. The furlough scheme helped the company pay employees when cinemas were forced to close due to the spread of the coronavirus pandemic. […]
Tags: News, Global, Boris Johnson, Cineworld, Mooky Greidinger

The China box office is rebounding with 2 local blockbusters as some major movie theater chains in the US close again

The Chinese movie "My People, My Homeland" earned $157 million over the weekend. Beijing Culture Two Chinese movies, "My People, My Homeland" and "Legend of Deification," each earned more than $150 million in the region over the weekend. Movies in the US have made nowhere close to that as the major chains Regal and Cineworld plan to close on Thursday. It's a significant rebound for the Chinese box office after China's 70,000 movie theaters closed in January as the coronavirus spread. Visit...
Tags: Christopher Nolan, UK, Hollywood, Movies, Media, Entertainment, China, US, Trends, Netflix, Box Office, Amc Theatres, Cineworld, North America, Bermuda, Tenet

AMC Theatres and Cinemark Will Not Close Their Doors Like Regal Cinemas

Earlier this week, Cineworld made the decision to not only close all of their Regal Cinemas locations in the United States (the second largest chain here), but all of their theaters in the United Kingdom. It’s due to the fact that No Time to Die fled from being released in theaters in November and opted for a safer release in April 2021, leaving Soul and The Croods 2 as the only major studio releases over the next two months. But not all the theater chains are quite so concerned. Both AMC Theat...
Tags: Europe, New York, Movies, New York City, Amc, US, Los Angeles, United States, United Kingdom, Amc Theatres, Cineworld, Universal Pictures, Universal Studios, Tenet, Rochester New York, Middle East They

AMC Theatres says it will stay open as other major chains close because of its industry-shocking windowing deal with Universal

"Freaky" Blumhouse AMC Theatres said on Tuesday that it would stay open even as other major chains Regal and Cineworld plan to close all US and UK locations this week. AMC CEO Adam Aron said that its "groundbreaking" deal with Universal to shorten the theatrical window "puts AMC in a position where we can open our theatres when others may feel the need to close." AMC and Universal struck a deal after a brief feud earlier this year in which Universal can release its movies to premium video-...
Tags: UK, Hollywood, Movies, Media, Entertainment, Amc, Disney, US, Trends, Tom Hanks, Netflix, Dreamworks, Amc Theatres, Universal, Cineworld, Warner Bros

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

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.
Tags: Cineworld, Regal Cinemas

AMC Theatres Vows to Stay Open as Stock Shares Rise

AMC Theatres on Tuesday pledged not to close any of its movie theaters that have reopened, despite headwinds that the exhibition industry has faced during the pandemic and the lack of new Hollywood movies on the horizon. The announcement was made the day after rival cinema chain Cineworld, which operates Regal in the U.S., reported […]
Tags: Hollywood, News, Amc Theatres, Cineworld

‘Tenet’ Remains Atop U.K., Ireland Box Office as Many Cinemas Prepare to Shutter

Christopher Nolan’s “Tenet” won the U.K. and Ireland box office crown for the sixth weekend in a row, collecting £628,247 ($813,445), according to final numbers from Comscore. The Warner Bros. title now has a running total of £15,948,191 ($20,647,461) in the territory. Another Warner Bros. title “Cats & Dogs 3: Paws Unite” debuted in second […]
Tags: Christopher Nolan, News, Global, Ireland, Cineworld, Warner Bros, Comscore, Tenet, Remains Atop U K Ireland Box Office

All Regal and Cineworld Movie Theaters To Close Until Further Notice

Regal Cinemas, a subsidiary of Cineworld Group, said it will shut down all 536 locations on Thursday until further notice. The closure reflects "an increasingly challenging theatrical landscape" due to the COVID-19 pandemic and is temporary, the chain said. NPR reports: Regal is shutting down theaters again less than two months after it started to reopen U.S. locations in late August. The decision was announced after the James Bond franchise's No Time to Die was shelved until 2021, further pushi...
Tags: New York, Tech, Bbc, James Bond, Npr, Cineworld, U K, Cineworld Group, Mooky Greidinger, Greidinger, NPR More

Box-office experts say 'Tenet' should move to digital rental ASAP as some major theater chains close again

John David Washington in "Tenet" Warner Bros. Warner Bros. has said that it would play the long game with "Tenet" at the domestic box office, but that strategy only works if theaters are open. The major chains Cineworld and Regal are set to shut down all locations in the US and UK this week. The Exhibitor Relations senior media analyst, Jeff Bock, thinks that AMC Theatres, the largest chain the world, could soon follow. Bock and Paul Dergarabedian, the Comscore senior media analyst, both s...
Tags: Hbo, Christopher Nolan, UK, Hollywood, Movies, Media, Entertainment, Amc, US, Trends, Analysis, James Bond, Box Office, Amc Theatres, Cineworld, Warner Bros