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Rebecca Rubin Film and Media Reporter In 2020, during the peak of the entertainment industry’s love affair with streaming, a follow-up to Disney‘s animated hit “Moana” was destined to become a television series for Disney+. But like the movie’s shapeshifting demigod Maui, who traverses the seven seas with the eponymous Polynesian warrior, the project has transformed into something entirely new.

Rebecca Rubin Film and Media Reporter “Killers of the Flower Moon,” Apple’s first major theatrical release, has generated $120 million globally after three weekends of release. Is that a good result for a movie backed by a streaming service? A terrible outcome for a glowingly received, $200 million crime epic directed by Martin Scorsese and starring Leonardo DiCaprio and Robert De Niro? Or somewhere in between? Everyone who follows the movie business has a different take, so parsing these ticket sales could take longer than the film’s daunting three-hour-and-26-minute run time.

The Super Mario Bros. Movie.” And Logan, who owns Logan Luxury Theatres in rural South Dakota, is back in the black after enduring two years where profits vanished while studios failed to furnish enough big movies to play. “It’s nice,” he says. “We don’t have to reassure our bankers every time we meet for coffee.” Logan’s theaters aren’t the only ones experiencing a dramatic change of fortunes. Overall, the domestic box office stands at $2.3 billion, up 36.8% from the same period last year and an astounding 589.5% improvement over 2021, according to Comscore. The exhibition industry is finally looking like its pre-pandemic self again. That’s partly attributable to studios releasing new installments of successful franchises, but it is also linked to a shift in attitude among the major media companies when assessing the value of a theatrical release.

After another solid weekend at the box office, several Wall Street analysts have issued upbeat outlooks on the exhibition sector, calling for a robust moviegoing rebound from Covid-19 in 2022.

Also Read: Inside AMC's Wall Street Surge: A 'David Vs Goliath' Reddit BattleMKM Partners analyst Eric Handler, in a note to clients this week, added to the grim picture, saying AMC’s share price could slip down to $1 per share this year, per Marketwatch.

tepid $36 million in domestic box office sales since hitting screens on Sept. 3, which MKM partners analyst Eric Handler says proves that big releases can’t make it without theaters in major cities like New York and Los Angeles, which remain closed.“Tenet’s US results definitely showed us that middle America cannot carry a tentpole film.

Brent Lang Executive Editor of Film and MediaIf movie theaters are banking on Christopher Nolan’s “Tenet” to ride to their rescue, they may have to wait a lot longer for help.That’s the takeaway from a new note by Eric Handler, a leading exhibition industry analyst with MKM Partners, who predicts that there’s a “low likelihood” that “Tenet” will open on Aug.

With exhibition giant AMC Theatres' first-quarter results in the books, Wall Street analysts on Wednesday dissected the figures and management commentary, with their main takeaway being caution.

By Dave McNary

MKM Partners analyst Eric Handler on Wednesday upgraded the stock of exhibition giant AMC Theatres from "sell" to "neutral," arguing that "near-term bankruptcy risk appears to have subsided." He raised his fair value estimate to $5 from $1. Handler said that risk has lessened "considerably" as a result of the "increasing likelihood movie theaters in the U.S.

By Dade Hayes

As China's exhibition sector — shuttered since Jan. 23 amid the coronavirus pandemic — gets set to turn its lights back on, analyst Eric Handler of MKM Partners on Wednesday said Imax has "multiple years of liquidity" on hand with which to start reopening its screens in China in mid-May.

AMC Theatres — whose business has effectively shut down because of the coronavirus pandemic — looks increasingly likely to file for bankruptcy with its cash reserves dwindling, according to Wall Street analysts.