Imax Earnings Rebound Thanks to Return of Hollywood Blockbusters

Olivia Rodrigo is breathing easy after music industry powerhouses Taylor Swift and Selena Gomez welcomed her. The 18-year-old Filipino American singer told Variety in their Power of Young Hollywood issue that she is a “fangirl for life” of Swift.“It’s so nice to be welcomed into the music industry and so great to be supportive of other women,” the “Driver’s License” interpreter said.

Brent Lang Executive Editor of Film and MediaThings are looking a lot more magical at The Walt Disney Company these days. Revenues climbed 45 percent during the entertainment giant’s most recent financial quarter and Disney swung back into profitability for the three-month period ending in June.

Thompson Hotel (1541 Wilcox Ave.) is poised to become a go-to destination for well-heeled locals and out-of-towners. British interior designer Tara Bernerd turned to the cityscape surroundings and Hollywood Hills backdrop as inspiration for the 11-story, 190-room, pet-friendly property, which fuses West Coast modernism with midcentury glam.

Brent Lang Executive Editor of Film and MediaNew blockbuster films like “Fast 9” and “A Quiet Place Part II” bolstered revenues at AMC Entertainment, even as the reemergence of a new and highly contagious variant of coronavirus threatened to undue the theater industry’s recent gains. A better-than-expected earnings report sent shares of the company surging in after-hours trading, though that enthusiastic response is to be expected given AMC’s new status as a meme stock.

Hey, Hollywooders! What’s Good in the ‘Wood?I just got back from seeing Stillwater, one of the many new movie releases out now in movie theaters.I took a look at theaters near me to compare movie showtimes and settled on going to the 9:30 p.m. movie showtime at the AMC Fashion District theater near me. Matt Damon plays a father trying to grapple with the injustices of a foreign justice system while his daughter, played by Abigail Breslin, is imprisoned overseas.

Hollywood unions and guilds are paying tribute to Richard Trumka, who led the AFL-CIO since 2009 and died today. He was 72.

Brent Lang Executive Editor of Film and MediaMarcia Nasatir, a trailblazing female executive and producer who elbowed her way into a male-dominated Hollywood, shattering conventions and an important glass ceiling in the process, died Tuesday at the age of 95.In a career of firsts, Nasatir worked for United Artists, Orion Pictures and Carson Productions, while producing the likes of “The Big Chill” and “Vertical Limit.” In 1974, she became the first female vice president of production at major

Brent Lang Executive Editor of Film and Media“Jungle Cruise” sailed into port with $2.7 million after opening in Thursday evening previews.The Disney film is armed with substantial star power in the form of Dwayne Johnson and Emily Blunt, but it also faces fierce headwinds given that the public health situation is worsening as the highly contagious Delta variant appears to be making moviegoers skittish about returning to theaters.

Imax reported Q2 revenues of $51 million, up 31.4% from the $38.8 million reported last quarter and well up from the $8.9 million reported in Q2 2020 when theaters worldwide were closed by the pandemic. The company also reported a gross margin of $25.6 million and a net loss of $9.2 million, or 16 cents per share.

Laying down the law. After returning from the Cannes premiere of his upcoming film Flag Day, Sean Penn will not be heading back to work until strict vaccination efforts are enforced in Hollywood.

Gene Maddaus Senior Media WriterCalifornia is starting to ratchet up the pressure on Hollywood to diversify its workforce. Last week, the Legislature passed a new $150 million tax credit that requires productions that benefit to be “broadly reflective of California’s population.”But nobody knows exactly what the industry’s demographics look like.

Megan Fox recently gave an interview where she went through some of her past looks over the years.

Brent Lang Executive Editor of Film and MediaNicolas Cage instinctively knew how to play Rob, the melancholic truffle forager at the center of “Pig.” The indie film explores Rob’s connection to his pet pig and his tortured relationship with his past celebrity as a renowned chef.

Patrick Dempsey has been causing quite a stir since he landed in Ireland to film Disenchanted. Dr McDreamy from Grey’s Anatomy has been out and about visiting Powerscourt, talking to donkeys and charming the locals, of course. He’s now been joined by his co-star Amy Adams.