By Tom Tapp
30.04.2020 - 17:00 / variety.com
By Brent Lang
Executive Editor of Film and Media
Imax Corporation posted a loss of $49.4 million in the first quarter of 2020, as theater closures — due to the coronavirus pandemic — were a drag on earnings. In the prior-year quarter, Imax had reported a profit of $8 million. Revenues for the company also sank to $34.9 million, a sharp drop from the $80.2 million the big-screen company had logged in the year-ago period. That resulted in a loss of 48 cents a share. The declines are further
The film arrives in the UK in June
Woody Allen had a clearer path to the box office throne amid the COVID-19 pandemic.
By Brent Lang
By Dino-Ray Ramos
By Brent Lang
By Brent Lang
MoffettNathanson analyst Michael Nathanson on Monday downgraded his rating on the Walt Disney Co.'s stock from "buy" to "neutral" due to the novel coronavirus pandemic ahead of the Hollywood conglomerate's Tuesday earnings report and cut his price target by $8 to $112. "There are a number of risks that could lead this unprecedented event to have a longer impact, with earnings revisions massively skewed to the downside," he wrote in a report.
By Brent Lang
By Brent Lang
By Claudia Eller
By Brent Lang
Wigan residents should have stay-at-home street parties for VE Day next week after the council’s anniversary celebrations were cancelled, the town hall has said.
Greggs is planning to reopen a small number of stores as a trail run for reversing the closure of all its UK branches amid the coronavirus pandemic.