Film Reporter covering the biz • trey.williams@thewrap.com • Twitter: @trey3williams
Experience:
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S&P Downgrades Cinemark Credit Rating to ‘Highly Speculative’
“We continue to believe Cinemark will have more than sufficient liquidity to fund its operations until theaters return to normalized attendance” S&P analysts say
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WarnerMedia CEO Feels No Pressure to Push Films to Streaming Despite Disney’s ‘Mulan’ Move
“Our orientation is theatrical and we haven’t moved off that,” WarnerMedia CEO Jason Kilar says
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S&P Raises AMC Theatres Credit Rating From ‘Selective Default,’ Maintains Negative Outlook
“While AMC plans to open its U.S. theaters in August, considerable risk and uncertainty related to this timeline remains,” S&P analysts say
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ShortList 2020: ‘-Ship’ Director Explores Black Masculinity by Asking ‘How Do We Heal?’ (Video)
“I identify as queer, so a lot of my childhood was making myself small,” writer and director Terrance Daye says
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How the Music Industry Looks to Survive Without a $26 Billion Live Concert Business
“You have to look at these artists as small businesses. It’s going to be devastating,” Loeb & Loeb partner and music lawyer Derek Crownover says
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AMC Theatres Lost $561 Million During Second Quarter
“This was the most challenging quarter in the 100-year history of AMC,” CEO Adam Aron said as Q2 revenue dropped nearly 99%
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Live Nation Reports $588 Million Loss for Q2 With Absence of Live Concerts
“Our expectation is that live events will return at scale in the summer of 2021,” Live Nation CEO Michael Rapino said
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ICM Partners Signs Agreement With WGA to End Packaging Fee Dispute
UTA last month became the first major agency to reach deal with Writers Guild
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Disney World Reopening Falls Short as Parks Business Takes $3.5 Billion Hit
Disney said reopening the Orlando park didn’t generate the revenue it expected
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Disney Reports Loss of $4.7 Billion for Q3 as Pandemic Rocks Business
Company said its parks division took a $3.5 billion hit due to coronavirus shutdown
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Sony Pictures Reports Profit of $230 Million for Q1
Studio expects COVID-related delays in theatrical releases to impact financial results for two to three years
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‘Hobbs & Shaw’ Director David Leitch, Producing Partner Kelly McCormick Quit WME for CAA (Exclusive)
Filmmaker is next directing “Bullet Train,” on which McCormick will also serve as producer
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Busted Windows: How AMC-Universal Deal Could Upend the Studio-Theater Business Model
Whether this is a significant change or an industry-upending one depends on how other studios and theaters respond
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Regina King’s Feature Film Directorial Debut ‘One Night in Miami’ Acquired by Amazon
Film follows a young Muhammad Ali the night he upset Sonny Liston and celebrated with Malcolm X, Sam Cooke and Jim Brown
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Why Movie Theater Reopenings Overseas Show ‘Early Signs of Progress’ for the Industry
“Business in the U.K. seems to be picking up — looking at increasing location counts, as opposed to gross — since the market reopened,” Boxoffice Pro editor Daniel Loria said
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