Regal Cinemas is set to reopen 11 movie theaters in New York State after receiving a greenlight from Governor Andrew Cuomo to do so from Oct. 23.
05.10.2020 - 13:02 / abcnews.go.com
LONDON -- Shares in the company that owns the Regal, Cineworld and Picturehouse movie theaters fell as much as 58% after it said it will temporarily close the venues because the postponement of the latest James Bond film left it with few blockbusters to attract customers during the pandemic.Cineworld Group Plc said Monday that 536 Regal cinemas in the U.S. and 127 Cineworld and Picturehouse venues in the U.K.
would close on Thursday. Some 45,000 employees are affected.The company says that with
.Regal Cinemas is set to reopen 11 movie theaters in New York State after receiving a greenlight from Governor Andrew Cuomo to do so from Oct. 23.
Dade Hayes Finance EditorImagine Entertainment partners Ron Howard and Brian Grazer expect COVID-19 to have an impact on Hollywood for some time to come — just not necessarily on screen.“This period of our lives will not be in the history of film,” Grazer declared during the duo’s virtual appearance at the Wall Street Journal‘s Tech Live conference.
Dade Hayes Finance EditorNetflix Co-CEOs Reed Hastings and Ted Sarandos tackled a range of topical issues as they offered context for their less-than-expected gain in subscribers during the third quarter.During their quarterly earnings interview posted to YouTube, Hastings was asked by moderator and Barclays analyst Kannan Venkateshwar about how the lack of a Stranger Things-type blockbuster affected the subscriber showing.
Rebecca Rubin Film and Media ReporterAfter months of nearly constant bad news — theater closures, movie postponements, “Tenet!” — the film industry last week finally received a glimmer of good news: New York Gov. Andrew Cuomo announced that cinemas outside of NYC can start reopening on Friday.Hollywood studios have made it clear that blockbusters won’t return until cinemas in New York and California, two influential movie markets in the U.S., can reopen.
Cinemas outside of New York City will be allowed reopen at limited capacity on Oct. 23, Gov.
AMC Theatres is doing something pretty cool so that people can feel completely safe while watching movies at the theater!
NBC 4 in New York City reported. Precautions will include mandatory mask-wearing and assigned seating.NEW: Starting October 23, movie theaters outside of NYC can reopen at 25% capacity with up to 50 people per screen.
Anthony D'Alessandro Editorial Director/Box Office EditorFinally, exhibition gets a break in the Empire State.During a press conference on Saturday, New York Gov. Andrew Cuomo announced movie theaters outside of New York City can reopen at 25 percent capacity or up to 50 people per screen on October 23rd.
The question that seems to be on most film fans’ minds and definitely the minds of major Hollywood studios is simple, yet difficult to answer—when will movie theaters be back to normal? Namely, when will we see weekend after weekend dominated by new films at the multiplex and record-breaking box office, like we’ve been accustomed to? Well, given the recent decisions by Cineworld and the AMC financial situation, the answer might be “never.” But the heads of two major studios, Warner Bros.
If there is one actor that has seen a huge career boost thanks to the inflated box office receipts from superhero films over the past decade, it’s Chris Evans. Right up there with Robert Downey, Jr., Evans has been the face of the Marvel Cinematic Universe and now is set for life based on being Captain America in the hearts and minds of millions of fans around the world.
expects to run out of cash by the end of the year or early 2021.Even diehard movie buffs have little incentive to go to the theater these days because Hollywood has pushed back their big film releases to 2021 and has been sending their smaller budget films direct to streaming.Disney pushed “Black Widow,” starring Scarlett Johansson, from Nov. 6 to May 2021.
Dade Hayes Finance EditorUPDATED with additional signatories. The list of people in the creative community attaching their names to an urgent appeal to Congress on behalf of movie theaters has grown to 120 names. (See the full list below.)Talent initially joined with the Directors Guild of America, the National Association of Theatre Owners and the Motion Picture Association on September 30 to call for federal government aid for theaters.
Gene Maddaus Senior Media WriterThe entertainment industry has turned its focus on Albany, N.Y., over the last week, as it escalates the pressure on Gov. Andrew Cuomo to allow movie theaters to reopen.Inside the Capitol, Assemblywoman Patricia Fahy has also been rallying support for the industry.
The executive committee of the Global Cinema Federation sent a letter Wednesday to New York Gov. Andrew Cuomo imploring the lawmaker — who has allowed indoor dining and other pubic-facing activities to resume operation — to let movie theaters reopen wherever possible.
Rebecca Rubin Film and Media ReporterMovie theater owners, frustrated by New York Gov. Andrew Cuomo’s decision to keep cinemas closed, are pleading with him to reopen venues in the state.
It’s not just domestic theater chains that are desperate to see cinemas reopen in New York and Los Angeles, but also cinema operators worldwide.
The latest release playing at a New York movie theater? The battle between exhibitors and Gov. Andrew Cuomo.
In the last six months, the coronavirus has decimated the business of American movies. People continue to watch new films on streaming services and, to a limited degree, in theaters, but the exhibition business is currently a shadow of its former self.
No popcorn and soda? Then no reopening for movie theaters in San Francisco. The California chapter of the National Association of Theatre Owners said Tuesday that cinemas in the Bay Area city — one of the largest moviegoing markets in the U.S.