The shares even sat out a big rally in the rest of the sector on Monday after a better-than-expected Christmas-weekend opening of Wonder Woman 1984 on investor concern about liquidity.
11.12.2020 - 17:43 / deadline.com
Struggling AMC Entertainment said it risks running out funds in January.
In its latest warning cry, it said it needs $750 million “to remain viable” through 2021. Even if it raises that, it still risks bankruptcy next year if moviegoing doesn’t pick up — and Warner Bros. may have made that harder to accomplish.
In an SEC filing, the nation’s biggest exhibitor also announced a stopgap $100 million debt sale to Mudrick Capital Management (at an annual interest rate of 15%). Mudrick will exchange its
The shares even sat out a big rally in the rest of the sector on Monday after a better-than-expected Christmas-weekend opening of Wonder Woman 1984 on investor concern about liquidity.
It’s a lovely day, and prepare for more to come. Warner Bros.
Also Read: Indie Producers Worry That Warner Bros' Streaming Move Could Squeeze Them Out“Coyote vs. Acme” will feature Wile E.
AMC Entertainment Monday unveiled plans to change its board structure in an agreement with majority shareholder Wanda America Entertainment, a division of Dalian Wanda Group of China.
The industry remains up in arms about Warner Bros.’ decision to send its biggest 2021 movies directly to HBO Max on the same day the titles hit U.S. theaters.
Kate Aurthur editorWhen filmmakers gather these days, the conversation tends to turn to how the coronavirus pandemic has decimated movie theaters — as well as to the related topic of Warner Bros.’ bombshell decision to stream its entire 2021 slate on HBO Max the same day they’re to be released theatrically. During a panel among screenwriters for Variety‘s inaugural FYC Fest, Judd Apatow (Universal’s “The King of Staten Island”), Aaron Sorkin (Netflix’s “The Trial of the Chicago 7”), Emerald
EXCLUSIVE: Prolific TV creator Matt Miller is extending his long relationship with Warner Bros. TV by renewing his exclusive overall deal with the studio. As part of the new pact, Miller will executive produce Peacemaker, HBO Max’s TV spin-off of James Gunn’s upcoming The Suicide Squad movie, starring John Cena. The eight-episode series hails from Gunn, producer Peter Safran and Warner Bros. TV.
Also Read: 'Dune' Director Denis Villeneuve Says HBO Max Deal Shows Warner Bros Has 'No Love for Cinema'WME represents “The Little Things,” with Denzel Washington and the first film on WB’s 2021 release schedule, and it also represents other high profile talent such as Gal Gadot for “Wonder Woman 1984,” Hugh Jackman for “Reminiscence,” Millie Bobby Brown for “Godzilla vs.
Quebecois director Denis Villeneuve found out about Warner Bros.’ decision to release their entire 2021 slate digitally and theatrically at the same time as everyone else. Now, the “Dune” filmmaker is slamming the studio’s announcement, calling it a franchise killer and promotional tactic for their U.S. streaming service.
Rebecca Rubin Film and Media ReporterAMC Theatres, the world’s largest cinema chain, has issued a sobering warning as the coronavirus pandemic stretches into winter: We’re running out of money.In an SEC filing on Friday, the struggling movie theater company warned its resources may be drained as early as next month.
Quebecois director Denis Villeneuve found out about Warner Bros.’ decision to release their entire 2021 slate digitally and theatrically at the same time as everyone else. Now, the “Dune” filmmaker is slamming the studio’s announcement, calling it a franchise killer and promotional tactic for their U.S. streaming service.
Denis Villeneuve, the director of the upcoming Dune remake, is not happy that Warner Bros. plans on releasing his movie on HBO Max on the same day as the theatrical release.
Adam B. Vary Senior Entertainment Writer“Wonder Woman 1984” and “The Trial of the Chicago 7” both made headlines this year when their respective studios, Warner Bros.
Christopher Nolan, who was doing consumer press interviews today for the DVD release of Tenet, was asked about that movie’s film studio, Warner Bros., and their recent radical windows plan to drop their entire 2021 slate both in theaters and on their struggling frosh streaming service HBO Max at the same time. It was a move last Thursday that blindsided both film co-financiers and talent, leaving them irate.
Legendary Entertainment, the production company behind movies like Dune and Godzilla vs. Kong, reportedly is considering filing a lawsuit against Warner Bros. over the studio’s new release plans for the movies.
Variety Staff Follow Us on TwitterMark O’Brien, a longtime syndication sales executive for Warner Bros. and founder of Mighty Oak Entertainment, has died.
Christopher Nolan is not happy at all about Warner Bros.’ plans to put all of their 2021 movies on HBO Max on the same day they are released in theaters.
Legendary Entertainment, the production company that co-financed “Dune” and “Godzilla vs. Kong,” may take legal action against Warner Bros.