cinema
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AMC Theatres Credit Rating Downgraded Again by S&P Global, With Default Imminent
”A liquidity crisis is all but inevitable even if the company were to fully re-open all of its theaters,“ analysts say
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Premium VOD Is a Failed Experiment, Imax CEO Rich Gelfond Says
”Streaming, I think, is an alternative … but I think PVOD just doesn’t work,“ Gelfond said on Wednesday
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Why Hollywood Studios Won’t Buy Theater Chains Despite Lifting of Antitrust Rules
”I just don’t see them taking that risk in the immediate future — especially with the impact of the pandemic,“ Box Office editor Daniel Loria says
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Movie Theaters Desperate to Reopen Face ‘Groundbreaking’ Changes to Exhibition
”Theaters and moviegoing won’t disappear. But they could look very different,“ media and cinema studies professor Derek Long says
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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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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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Imax Reports Revenue Down 92%, $26 Million Loss in Q2
Revenue was $8.9 million for the three months ending June 30, compared with $104.8 million a year ago
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Why Movie Theater Chains Are Unlikely to Reopen Anytime Soon
”We need to get more creative because you’re not going to open up theaters for any level of regular operations anytime soon,“ box office analyst and founder of TheNumbers Bruce Nash says
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Cinemark Won’t Require Moviegoers to Wear Masks When Theaters Reopen
The CDC currently recommends people wear cloth face coverings when out in public
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Cinemark Reports $59.6 Million Loss in COVID-19 Impacted First Quarter
The pandemic had a significant impact on the theater chain’s business in the quarter, which ended March 31, CEO Mark Zoradi said
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AMC Theatres CEO Adam Aron Made $9.7 Million in 2019
The executive was furloughed in March with the rest of AMC Entertainment’s corporate staff as a result of the pandemic
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How Lionsgate Plans to Release Movies After Coronavirus Shutdowns End
The studio says the Janelle Monáe-led horror film ”Antebellum“ would be its return to the theater on August 21
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IMAX Reports Q1 Loss, Revenue Decline Due to Coronavirus Pandemic
No movie theaters = no ticket sales
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AMC Entertainment to Delay Reporting 2020 First Quarter Earnings Until June
The company was initially scheduled to report earning on May 11.
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Movie Theaters Waiting to Reopen Could Be Best Thing for Cinema Chains, Analyst Says
Texas and Georgia governors have announced plans to have movie theaters reopen, but theater owners might want to wait until July
