AMC Theatres CEO: On-Demand Deal With Universal Has Been Offered to Other Studios

BuzzFeed is expanding its media reach. The company has signed a first-look deal with Universal Television to develop scripted series projects based on its content and original reporting from its journalists.

Buzzfeed News story titled “Meet the Women Who Are Building a Better Romance Industry” by Bim Adewunmi.Published in 2018, the story focuses on the Kensington Publishing Corporation and author Alyssa Cole’s Black women-centric “Loyal League” trilogy of romance novels.

Denise Petski Senior Managing EditorBuzzfeed is making an expanded push into television, signing a first-look deal with Universal TV, in which the studio will produce scripted content based on stories and original reporting published by the tech-powered media company.

Nellie Andreeva, Denise Petski EXCLUSIVE: Good Girls executive producer Bill Krebs has signed a multi-year overall deal with Universal TV, the studio behind the popular NBC series. As part of the deal, Krebs will continue his work on Good Girls and develop new projects.

Brent Lang Executive Editor of Film and MediaNo, AMC Theatres is not going to ignore its own social distancing guidelines and force strangers to sit next to each other when the cinema chain reopens this week.That was a mistaken assumption that gained traction on social media when it was revealed that AMC was allowing patrons to buy tickets next to seats that had already been reserved. There’s a reason for that apparent disregard of the six-feet apart rule.

Here's a closer look at what to expect during your next visit to #AMCTheatres! The full AMC Safe & Clean plan: https://t.co/ajYqNYREu6 pic.twitter.com/cS3GBnloAx— AMC Theatres (@AMCTheatres) August 14, 2020In the video, AMC detailed that guests can book tickets ahead of time for reserved seating in order to remain contactless.

AMC Theatres will reopen its U.S. screens on Aug.

Recently, the CEO of AMC Theatres, Adam Aron, talked to investors and talked about how the company was going to “survive” the COVID-19 pandemic. That may sound like a bit of an early celebration, as the pandemic is still going strong, but given the company’s status just a couple of months ago (seemingly on the brink of bankruptcy), you can understand why the CEO was happy.

Brent Lang Executive Editor of Film and MediaAMC Theatres has just endured one of the most traumatic periods in its hundred-year history. As the theater chain looks to reopen 100 of its locations on Aug.

Also Read: AMC Theatres Lost $561 Million During Second QuarterWhile digging itself out of default, AMC still has a negative credit outlook from S&P. The credit rating firm expressed concern regarding AMC’s plans to begin reopening theaters later this month.“Considerable risk and uncertainty related to this timeline remains.

When Disney announced plans to take it’s $200 million “Mulan” remake and send it straight to Disney+ streaming service with an additional $30 fee, people were shocked.

Cinema giant AMC Entertainment Holdings posted second-quarter financial results on Thursday as it looks to reopen its theaters and survive the coronavirus pandemic after a debt restructuring. The extent of the COVID-19 hit taken so far by the largest U.S.

Brent Lang Executive Editor of Film and MediaMost cinemas in the U.S. are closed, major summer films have been pushed back indefinitely, and studios keep selling their movies to Netflix.

via Yahoo! Finance expected the company’s loss per share to slightly better at $4.29Revenue in the second quarter was just $19 million, down roughly 99% from the $1.5 billion in revenue AMC reported last year.

Cauty has signed a deal with Universal Music Latin Entertainment, Billboard can exclusively reveal today (Aug. 6).

Last week, a landmark deal between AMC Theatres and NBCUniversal rocked the film industry, as the two agreed to shorten the exclusive theatrical windows for films from nearly three months to merely 17 days, allowing for the film studio to release features on Premium VOD less than three weeks after they debut on the big screen.

Also Read: AMC Networks' U.S. Ad Sales Drop 14.6% in Q2 With Delayed 'Walking Dead' Finale, 'World Beyond' Premiere“They actually identify with and are interested in the steady flow of material there,” Sapan continued.

Jill Goldsmith Co-Business EditorAMC Networks said it plans to restart production on the second half of Season Six of Fear The Walking Dead in Texas in late August; on new series Kevin Can F*** Himself in Boston at the end of September; and on Seasons 11 of The Walking Dead in Georgia in October. “Our ability to resume in the safest possible way is something we are closely focused on,” said CEO Josh Sapan on a conference call Tuesday.

Debt ratings agency S&P Global Ratings has reduced AMC Entertainment's credit ratings due to concerns over its new debt deal with bondholders. The research firm downgraded AMC's credit rating to SD (selective default) from CC.