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Nancy Tartaglione International Box Office Editor/Senior ContributorA pair of China-focused panels at the Cannes Virtual Market this morning provided some insight into what’s happening in the Middle Kingdom as Beijing deals with a recent reemergence of coronavirus cases and movie theaters remain shuttered. The news wasn’t terribly positive.Jerry Ye, Chairman of Huaying Tianxia (Tianjin) Film Development said there is “no timetable for reopening for cinemas just yet.

Nancy Tartaglione International Box Office Editor/Senior ContributorFrance’s cinema authority the CNC has announced that the indemnisation fund set by the government for film and TV series shoots has been doubled to 100M euros. A 50M public fund was originally put in place on May 6 to indemnify and guarantee against the risk of stoppages due to the coronavirus with a 20% cap in order to get productions back up and running after the end of lockdown on May 11.

Nancy Tartaglione International Box Office Editor/Senior ContributorSolstice Studios has finalized deals with key offshore distributors to bring psychological thriller Unhinged to cinemas across the world. The Russell Crowe-starrer, which has a domestic date of July 10, has set deals in the UK, Europe, Australia, Asia and Latin America.

Nancy Tartaglione International Box Office Editor/Senior ContributorAs part of the Cannes Virtual Market’s kick-off today, a group of leading European executives sat down for a panel on the post-COVID future with optimism and opporunity among the keywords,.

Nancy Tartaglione International Box Office Editor/Senior ContributorDisneyland Paris has set a phased re-opening of the resort beginning on July 15. Returning to operations will be the Disneyland Park, Walt Disney Studios Park, Disney’s Newport Bay Club Hotel and Disney Village, all in line with guidance from French government and health authorities.

Nancy Tartaglione International Box Office Editor/Senior ContributorMediawan, the Paris-based group founded in 2015, has announced the creation of a dedicated French company, Mediawan Alliance, and has submitted a binding offer and entered exclusive negotiations to acquire France’s Lagardère Studios.

Nancy Tartaglione International Box Office Editor/Senior ContributorAs Regal Entertainment owner Cineworld prepares to re-open its movie theaters, the group has agreed a $250M secured debt facility with a set of private institutional investors.

Nancy Tartaglione International Box Office Editor/Senior ContributorThe UK’s Cinema First has announced that 450 films will be made available for theatrical screenings once movie theaters re-open for business in the coming weeks. The content has been collated by the Film Distributors’ Association with the aim of aiding programmers and cinema operators to choose the widest possible mix of product that will help draw audiences back to the movies.

Nancy Tartaglione International Box Office Editor/Senior ContributorThe 2020 edition of CineEurope got underway online today with executives chiming in on what exhibition and distribution will look like as coronavirus restrictions ease. The studios normally would have been in Barcelona this week to show off their upcoming slates to European exhibitors.

Nancy Tartaglione International Box Office Editor/Senior ContributorRegal Entertainment owner Cineworld Group has confirmed it will re-open cinemas in some of its markets during the last week of June, with all theaters expected to be back online during the course of July.

Nancy Tartaglione International Box Office Editor/Senior ContributorEuropean film, TV and media group Wild Bunch AG and Frankfurt-based financial institution Commerzbank have agreed a loan financing of up to 35M euros ($40M). Wild Bunch, which is headquartered in Paris and Berlin, will use the credit line to refinance an existing bank loan and “to reinforce the group’s capacity to deploy strategic measures,” the company said today.

Nancy Tartaglione International Box Office Editor/Senior ContributorWith five each, Netflix’s Cheer and VH1’s RuPaul’s Drag Race lead nominations for the 2nd annual Critics Choice Real TV Awards which recognize excellence in nonfiction, unscripted and reality programming across broadcast, cable and streaming platforms.

Nancy Tartaglione International Box Office Editor/Senior ContributorNew Zealand is due to end social distancing and all other domestic coronavirus restrictions beginning tomorrow, the government has announced. In doing so, the South Pacific nation with a population of about 5M, becomes the largest market to so far eliminate transmission of COVID-19.

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