AMC Theatres Delays Reopening Again In Light Of ‘Tenet’ Move

Janet W.

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.

We continue to learn more about Catherine “Daisy” Coleman‘s tragic death.

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.

Also Read: AMC Theatres Lost $561 Million During Second QuarterAs part of the agreement, Universal now has the option to release its films as premium video on-demand titles after they have been in theaters for 17 days. The deal will also make those films available on AMC’s recently launched on-demand service and includes PVOD profit sharing between the two companies, though details remain confidential.

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.

Greg Evans Associate Editor/Broadway CriticNominees for the 35th Annual Imagen Awards honoring positive portrayals of Latinos in the media were announced today, with nominated films including Dora and the Lost City of Gold and I Carry You with Me and TV programs Mayans M.C., Pose and Law & Order: SVU on the roster.See the entire list of nominees below.The Imagen Awards will be presented virtually Thursday, September 24, at 5:00 PM.“This year’s list of nominees is a far cry from four honorees 35

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.

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.

Daniel Holloway Executive Editor, TVSarah Barnett is stepping down from her role as president of AMC Networks Entertainment Group president.A television veteran who has been with company for more than a decade, Barnett will stay on in her current role through Labor Day. No immediate successor for her position is in place.

The Five Sisters Zoo has revealed its plans for the coming months after welcoming visitors again after lockdown.The popular attraction has been open since last month and staff say they are delighted to see families coming back through the doors.And there is plenty to keep everyone busy over the coming weeks and months.The popular summer nights attractions are running again this year and details have been released about what visitors can expect in the autumn and winter.A spokesperson for the zoo

More shows will close and not reopen and more theatres will go out of business, the chief of the Society of London Theatre and UK Theatre has warned.

Just a few months (in fact, exactly three months to the day) after the theatre chain proclaimed it would no longer play movies from the studio, AMC Theatres and Universal Pictures have signed a multi-year agreement that will allow the studio’s films to premiere on premium video on demand (including the theater’s own, AMC Theatres On Demand) within just three weeks of their theatrical debuts.

In a stunning reversal, AMC Theatres has struck a historic agreement with Universal that will allow the studio's movies to be made available on premium video-on-demand after just 17 days of play in cinemas, including three weekends, the two companies announced Tuesday. The deal — which presently only covers AMC's U.S.

Anthony D'Alessandro Editorial Director/Box Office EditorAfter AMC CEO Adam Aron publicly threatened that he would never play Universal movies as along as the studio had a plan for simultaneous theatrical-PVOD releases like Trolls World Tour, the world’s No. 1 exhibitor and the Hollywood studio have broken bread with the following multi-year agreement:Universal and Focus Features releases will play at AMC theaters for a 17-day exclusive theatrical window.

Universal Pictures and AMC Theatres have put aside a bitter feud and signed a multi-year agreement that will allow the studio’s films to premiere on premium video on-demand within three weeks of their theatrical debuts.The pact, sure to send shockwaves throughout the exhibition industry, has the potential to reshape the ways that movies are marketed and distributed.

Several weeks ago, one of the executives over at Sony mentioned how the world of adult-focused animation is set to get a boost from this global pandemic that rendered live-action filmmaking completely impossible for several months and continues to hinder the film and TV industry. The executive predicted that we’d likely see a number of new adult animation efforts springing forth.