Rebel Wilson brightens up the green carpet in a neon yellow top while arriving for the Kate Spade presentation during 2022 New York Fashion Week held at 3 World Trade Center on Friday (September 9) in New York City.
22.08.2022 - 17:59 / thewrap.com
Earlier this month, CEO Adam Aron announced that one AMC Preferred Equity share — or APE, named after the meme traders that jolted the company’s stock price last year — would be granted for each common share held, meaning that 517 million APE shares would be created. Aron has argued that since the shares are going to already existing shareholders rather than going directly on sale, APEs will not dilute AMC’s stock value.“With the creation of APEs, AMC is deeply and fundamentally strengthening our company.
Given the flexibility that APEs will give us, we will likely be able to raise money if we need or so choose, which immensely lessens any survival risk as we continue to work our way through this pandemic to recovery and transformation,” Aron said in the letter announcing the creation of the APEs. But Wall Street’s fears have not been assuaged, as AMC stock plummeted to $11/share at time of writing after finishing last week at $18/share.
Despite a strong second quarter for the box office which saw hits like “Top Gun: Maverick” and “Doctor Strange in the Multiverse of Madness” push domestic grosses to $2.32 billion, AMC reported a net loss of $121.6 million for Q2, or 20 cents per share.Meanwhile, the box office is currently in a long slump that is not expected to end until mid-October at the earliest, as production bottlenecks caused by the COVID-19 pandemic have reduced the number of films being released in theaters compared to 2019. While August is historically a slower period for the box office, the financial strain caused by the year-long pandemic closure and another year of slow, steady recovery has compounded the effect of the recent downturn on movie theaters.
Rebel Wilson brightens up the green carpet in a neon yellow top while arriving for the Kate Spade presentation during 2022 New York Fashion Week held at 3 World Trade Center on Friday (September 9) in New York City.
The rules of survival in Hollywood have always fascinated me. “Consistency is the key – always present yourself to studios as a total bitch,” Bette Davis once confided. “Never delude yourself into thinking that a star can become a loyal personal friend,” advised Billy Wilder. “Since studios always lie, a producer’s mandate is to come up with bigger lies,” said David O. Selznick.
James Bond franchise's 60 years, they actually killed off 007. Nevertheless, at the end of the credits, the immortal words "James Bond will return" came up, but this is confusing for some fans. If Bond is dead, how can there be a new Bond? Consider for a moment how Daniel Craig's 007 only just earned his licence to kill at the start of Casino Royale.
Sex Pistols’ Glen Matlock is to appear on Blondie‘s new album.The bassist previously stepped in for Leigh Foxx on Blondie’s April 2022 UK and US tour after Foxx suffered a back injury. Now, the musician has been announced to play bass on the band’s follow-up to 2017’s ‘Pollinator’ while Foxx recuperates.Speaking to Classic Pop magazine, guitarist Chris Stein said: “Glen has just been great.
Screenwriter Billy Ray has confirmed that a sequel to Nicole Kidman‘s viral AMC Theatres ad is already in the works. “I got a text from the chairman of AMC about a month ago asking me if I would write the next one, and of course the answer to that is yes,” Ray told Vanity Fair.
Joe Otterson TV Reporter “The Summer I Turned Pretty” Season 2 at Amazon has cast Kyra Sedgwick and Elsie Fisher in recurring roles. Variety exclusively reported that the show based on Jenny Han’s book series of the same name was renewed for a second season before Season 1 had premiered. Season 2 is currently in production but no premiere date has yet been set. “The Summer I Turned Pretty” is described as a multigenerational drama that hinges on a love triangle between one girl and two brothers, the ever-evolving relationship between mothers and their children, and the enduring power of strong female friendships. It is a coming-of-age story about first love, first heartbreak, and the magic of that one perfect summer.
Ayr United have launched a third kit inspired by English club Burnley, which will go on sale tomorrow.
EXCLUSIVE: Asante Blackk (When They See Us) and Luis Guzmán (Traffic) have been tapped as the leads for Aristotle Torres’ feature directorial debut Story Ave, for FirstGen Content (Catch the Fair One, Call Jane) and Jamie Foxx’s Foxxhole Productions. The film, which has wrapped production in New York, will also star Alex Hibbert (Moonlight), Melvin Gregg (Nine Perfect Strangers), Cassandra Freeman (Monsters and Men) and Coral Peña (For All Mankind).
AMC Entertainment’s new APE securities — AMC Preferred Equity Units – began trading today late morning in a messy session for the big exhibitor, whose primary stock is down by almost 40%.
Jamie xx has shared his new remix of Oliver Sim‘s ‘GMT’ – you can listen to the new version below.The two artists, who are bandmates in The xx, have further extended their creative partnership with the remix of the track, which has arrived this afternoon (August 22).The original ‘GMT’ – which was released last month – is set to feature on Sim’s forthcoming debut solo album ‘Hideous Bastard’, which has been produced by Jamie xx and is set for release on September 9.Marking Jamie xx’s first new official remix in over five years, the ‘GMT’ remix – which incorporates a sample of Brian Wilson‘s ‘Smile’ – features additional production from Floating Points, and has previously been aired during Jamie’s recent DJ sets and live shows.You can listen to Jamie xx’s remix of Oliver Sim’s ‘GMT’ below.Having played his debut London solo show in June (where he covered Placebo and was joined by his xx bandmate Romy), Sim is now scheduled to embark on a North American, European and UK tour next month.Tickets for Sim’s UK dates are on sale now from here, and you can see his upcoming gigs below.September29 – The Showbox, Seattle, WAOctober01 – The Wiltern, Los Angeles, CA02 – The Fillmore, San Francisco, CA05 – Metro, Chicago, IL06 – Phoenix Concert Theatre, Toronto, ON08 – Lincoln Theatre, Washington, DC09 – Royale, Boston, MA10 – Webster Hall, New York, NY 11 – Union Transfer, Philadelphia, PA20 – Vega, Copenhagen, Denmark22 – Le Cabaret Sauvage, Paris, France23 – Melkweg, Amsterdam, Netherlands26 – Admiralspalast, Berlin, Germany27 – Uebel & Gefaehrlich, Hamburg, Germany29 – New Century Hall, Manchester30 – KOKO, London
Rene Rodriguez Shot during the pandemic and set on May 30, 2020 — just a few days after the death of George Floyd during an arrest by the Minneapolis Police Department — “Traveling Light” is an experimental attempt at social commentary that fails to provide any insight, emotion or even entertainment of the most basic kind. Nearly a year after its weird-fit premiere at genre-focused Beyond Fest in Los Angeles, this scrappy COVID-era quickie from eclectic director Bernard Rose (who made the original “Candyman”) opens today in New York and Seattle, with other cities to follow.It seems Rose was aiming for a loose riff on “The Discreet Charm of the Bourgeoisie,” focusing on a gathering in the Hollywood Hills of the followers of a self-proclaimed guru/prophet (Danny Huston), where everyone drinks a concoction spiked with an unnamed hallucinogenic and eventually line-dances while chanting “Hare Hare,” even though there isn’t a single Hare Krishna in sight.
Anitta’s new song ‘Lobby’ features Missy Elliott – check out the collaboration below.The trippy new song centres around a night in a hotel and features Elliott on the song’s verses rapping. “Missy and Anitta, we rolling up to the party/ That hottie, he can get the keys to my Bugatti,” Elliott says on the song’s second verse.The video was directed by Arrad and takes place in a hotel.
Rebecca Rubin Film and Media ReporterAMC Theatres, the world’s largest cinema chain, is honoring Olivia Newton-John by bringing “Grease” back to the big screen.Starting on Friday, the classic 1978 movie musical will play in 135 AMC locations around the country. All tickets will cost $5, and $1 from each sale will be donated to AMC’s charitable fund AMC Cares, with the proceeds going to breast cancer research.Newton-John, who memorably played Sandy to John Travolta’s Danny Zuko in “Grease,” died on Aug. 8 at age 73.
Great American Family, formerly known as GAC Family, has just announced 15 new shows that are launching on the network.
Elizabeth Wagmeister Senior CorrespondentEboni K. Williams is launching a new season of her podcast with Interval Presents, the new in-house podcast network from Warner Media Group, Variety has learned exclusively.Williams — an attorney, journalist, TV host and author — recently starred on “The Real Housewives of New York City,” becoming the first-ever Black cast member to be cast on the Bravo show.“Holding Court with Eboni K.