Cineworld CEO Says Universal Tried to "Take Advantage" of Virus Crisis by Breaking Windows

By Dade Hayes

“It’s like being taken, suddenly, and nailed in a box — or a coffin. You’re left there in silence and darkness while the rest of the world goes on.

A firm which operates a busy Rutherglen car park has been accused of putting profits before people during the coronavirus crisis.

By Dade Hayes

Entertainment companies this earnings season have spent much time discussing the novel coronavirus pandemic's impact on TV advertising revenue, film units and theme parks divisions. But audio entertainment trends have surprised Wall Street on the upside, providing a bright spot amid the virus crisis.

Media mogul Rupert Murdoch will give up 100 percent of his cash bonus in the current fiscal year at News Corp., the parent company of The Wall Street Journal, New York Post, News U.K. and Australian pay-TV firm Foxtel, of which he is executive chairman, while News Corp.

By Claudia Eller

By Dominic Patten, Anthony D'Alessandro

By Dave McNary

European movie theater giant Vue International has made a bold plea to its landlords in a bid to survive the novel coronavirus crisis. In a letter sent earlier this month and seen by The Hollywood Reporter, the multiplex chain — which operates almost 2,000 screens across 10 countries, including the U.K., Germany, Italy, Denmark and Taiwan — asked for a "complete waiver of all rent and service charge," which would have been due for the period of closure.

Each week, The Hollywood Reporter will spotlight fundraisers, charities, events and moreaiding those impacted by the coronavirus pandemic. An array of live concerts, events and relief funds were launched this week to help industries and people across the nation who are fighting to stay afloat amid financial and emotional strains caused by the coronavirus pandemic.

Criminals were caught trying to smuggle £1m-worth of cocaine into the UK in face masks, the Home Secretary has revealed.

Telecom giant Verizon on Friday reported that it lost 84,000 net pay TV subscribers for its FiOS consumer video service in the first quarter, compared with a loss of 55,000 in the year-ago period and a loss of 51,000 in the fourth quarter. The company cited "the ongoing shift from traditional linear video to over-the-top offerings," saying it ended March with 4.07 million consumer video connections.

John Cho wrote a powerful essay about discrimination against Asian Americans amid the Coronavirus crisis. The 47-year-old Star Trek actor highlights the verbal and physical abuse being directed at Asian Americans during the pandemic.

John Cho has opened up on the “verbal and physical abuse” being directed at Asian Americans during the coronavirus crisis.

No sector of the film and television industry will be left unscathed by the coronavirus pandemic. The COVID-19 outbreak has shut down cinemas, canceled shoots and forced festivals online.

TV station group Tegna on Monday said that "the full impact of the COVID-19 pandemic, particularly with regard to the broader advertising industry, remains uncertain" and suspended its full-year 2020 guidance. "We continue to carefully monitor business impacts and to be diligent in implementing cost saving measures to reduce expenses and reducing non-critical capital expenditures," the company, which has 62 stations in 51 markets and reaches 39 percent of all U.S.

French entertainment and telecom conglomerate Vivendi on Monday said its first-quarter revenue rose 11.9 percent, or 4.4 percent assuming constant currencies, to $4.20 billion (3.87 billion euros) on the strength of its music division.