Imax CEO Talks 'Tenet,' China and Why Premium VOD "Doesn't Work"

As North America's box office crumples, China's theatrical film business is back in an enormous way. A collection of high-profile local films released in China over the past week to coincide with the country's National Day and Mid-Autumn Festival holiday period, which lasts eight days.

Nancy Tartaglione International Box Office Editor/Senior ContributorRefresh for latest…: Christopher Nolan’s Tenet dipped a slight 29% at the international box office this weekend to add $11.5M from 57 markets. Offshore, the Warner Bros release has now grossed $262M.

Rebecca Davis editorWith U.S. studio tentpoles dropping out of the theatrical calendar, Chinese blockbusters may find a rare opportunity to gain some traction abroad.

Mariah Carey is delving into her relationship, and subsequent divorce from Nick Cannon in her new memoir “The Meaning of Mariah Carey.”

Nancy Tartaglione International Box Office Editor/Senior ContributorRefresh for latest…: In its fifth weekend at the international box office, Warner Bros’ Tenet added another $15.8M from 56 markets. The offshore cume has risen to $242M for a worldwide total of $283.2M.

Andreas Wiseman International EditorRon Howard, Imagine Entertainment, AGC Studios and CAA are teaming up for the movie biopic of virtuoso Chinese pianist Lang Lang.Two-time Oscar-winner Howard will direct the currently untitled film with Oscar-winner Brian Grazer producing alongside Imagine’s President of Features Karen Lunder, and AGC Studios’ Stuart Ford.The project plans to shoot in China and the U.S. and will feature both Mandarin and English.

Nancy Tartaglione International Box Office Editor/Senior ContributorRefresh for latest…: Christopher Nolan’s Tenet handily passed $200M overseas this weekend with a $25M offshore frame to bring the overseas box office to $214M. Including domestic, the global cume is now $250.1M.

Todd Spangler NY Digital EditorThe complex wrangling over what happens next to TikTok — which has become a geopolitical football punted around by the Trump administration — continues apace.As a separate entity TikTok, the popular short-form video app, would file for an initial public offering on a U.S.

Dade Hayes Finance EditorImax CEO Rich Gelfond rejects the popular notion that premium video on demand is the future for blockbuster movie releases.“PVOD is a failed experiment,” Gelfond said during an online appearance Wednesday at the Goldman Sachs Communacopia conference. “The numbers haven’t worked in a pandemic, so how would they work in a non-pandemic?”Results from PVOD releases — viewership, revenue, etc.

Us Weekly has affiliate partnerships so we may receive compensation for some links to products and services.Still working from home? Many of Us across the country are getting our jobs done remotely — and it’s been an interesting ride.

Audio entertainment giant SiriusXM is disciplined in its content spending, but willing to pay for attractive programming, CEO Jim Meyer said during a virtual investor conference on Tuesday. Appearing at the virtual Goldman Sachs Communacopia Conference, he was asked about the firm's roughly $460 million content spend in 2019, or 6 percent of revenue, in addition to $1.7 billion in music royalties.

Christopher Nolan’s action-thriller Tenet has surpassed the $200 million milestone at the global box office.The first major blockbuster to hit the big screen following the coronavirus shutdown is continuing to draw fans back to theatres, adding $6.7 million from the North American market in its second weekend on release.It also brought in $10 million from the Chinese box office to take the movie’s worldwide total to $207 million.Meanwhile, Disney’s live-action remake of Mulan, starring Liu Yifei

Call Me By Your Name director Luca Guadagnino has advice for emerging filmmakers: Ignore first reactions to your work. On Friday, Guadagnino told a masterclass at the Toronto Film Festival about his experience ten years ago with Io Sono l’Amore (I Am Love), which was met with a shower of boos at the Venice Film Festival before only days later being celebrated at the Toronto Film Festival.

has sells subscriptions to Disney’s news streaming service, Disney+.Only customers in China and a handful of other Asian countries are being given the chance to see the flick on the big screen. Everyone else must pay $30 or wait until Dec.

Jill Goldsmith Co-Business EditorHopeful New York movie theaters owners got slapped down again Wednesday as Governor Andrew Cuomo agreed to open NYC for indoor dining on Sept. 30 – following a green light for casinos, gyms, bowling alleys and malls — with no word on cinemas.The omission, according to Imax CEO Rich Gefond, speaking at a media conference today, is “a head scratcher.” Movie chains, especially small independents, are hanging by a thread.

Jill Goldsmith Co-Business EditorImax CEO Rich Gelfond anticipates streamers will become more active in exhibition as the post-COVID business shakes out and said his team is turning gray at the stress of constantly shifting release schedules — even as Deadline reports that Warner Bros.

In summer 2019, Disney's live-action Aladdin exceeded expectations in becoming a member of the billion-dollar club at the global box office, fueled in large part by millennial and Gen Z generations who grew up watching the classic animated film of the same name. A little more than a year later, the studio's Mulan — another live-action adaptation of a classic Disney animated title — ultimately abandoned a traditional theatrical release because of the ongoing novel coronavirus pandemic.

One bona fide movie star in a family is pretty good; two is rare. But with the Sept.

Nancy Tartaglione International Box Office Editor/Senior ContributorRefresh for latest…: Christopher Nolan’s Tenet added a further estimated $58.1M at the international box office this weekend, taking the overseas cume on the Warner Bros title to $126M after two sessions. With the time-bending film debuting in the U.S.