Regal Cinemas Owner Cineworld Secures $250 Million Debt Facility

Sony has made a $250 million investment to acquire a minority stake in Epic Games, the developer of Fortnite and the Unreal Engine used increasingly in Hollywood production.

Sony has invested $250 million into a minority stake at Epic Games in a bid to bring the two companies’ partnership closer and reinforce the shared mission to evolve state of the art technology.The investment between the two companies will allow a deeper collaboration across Sony’s entertainment properties and technology.

Todd Spangler NY Digital EditorSony is making a strategic investment of $250 million in Epic Games, the maker of massive hit game “Fortnite,” to acquire a minority interest in the gaming company.The companies said the investment “allows Sony and Epic to aim to broaden their collaboration across Sony’s leading portfolio of entertainment assets and technology,” as well as across Epic’s “social entertainment platform and digital ecosystem to create unique experiences for consumers and creators.”

Jay-Z‘s Roc Nation after the success of an initial ‘From Milan With Love’ event.The Serie A side joined forces with the £75 million management agency for an event that hailed the efforts of key workers in Italy.It was hosted by DJ Khaled and featured performances from the likes of Alicia Keys and Kelly Rowland.

coronavirus pandemic and quarantine, Rachel Bloom  welcomed her first child, but also said goodbye to a dear friend. ET's Matt Cohen spoke with the 33-year-old actress, who was promoting the digital and Blu-ray release of where she got candid about the hardships she'd endured over the last couple months.Bloom gave birth to her daughter with husband Dan Gregor in March, with her baby spending days in the neonatal intensive care unit (NICU) after she had fluid in her lungs.

As it continues a phased reopening, Canadian exhibitor Cineplex has started legal proceedings in the Ontario Superior Court of Justice against Regal owner Cineworld Group, "seeking damages after Cineworld wrongfully repudiated the transaction to acquire Cineplex." On June 12, the U.K.-based cinema giant had called off its planned $2.1 billion takeover of Cineplex, which would have created one of the world's largest cinema companies with more than 11,200 screens globally.

Naman Ramachandran Canada’s Cineplex has initiated legal proceedings against Regal Cinemas owner Cineworld Group over its failed acquisition deal.Cineworld moved on June 12 to scrap its $1.6 billion acquisition of the Canadian business — a move that instantly anticipated legal action from Cineplex, which promised to sue just days later.

Jem Aswad Senior Music EditorThe fast-growing Hipgnosis Songs Fund’s revenues soared in its first full year of business, climbing to $81 million in the 12 month period ended in March 2020 from around $8.9 million in the preceding period.

Will Ferrell and Rachel McAdams are in the early stages of working on a follow-up to hit 2005 comedy Wedding Crashers.

According to Variety, the theatre chain plans to show favorites such as “The Empire Strikes Back,” “Jaws”  and “Black Panther.”The move comes just weeks before the release of “Mulan” on July 24 and “Tenet” on July 31.In accordance with the CDC’s social distancing guidelines, all theaters will have a 50 percent reduced capacity when they reopen on July 10.

Rachel McAdams is opening up about her new experience as a working mom.ET's Kevin Frazier spoke to the 41-year-old actress about her new film,, which she stars in opposite Will Ferrell. Ferrell and McAdams play Icelandic singers in the comedy, who are given a chance to represent their country at the Eurovision Song Contest.McAdams talked to ET about shooting the film in Iceland and Scotland, and about actually getting to bring her young son along.

Regal owner Cineworld, the second-largest cinema chain in the world behind AMC Theatres, has further boosted its liquidity as it gears up for a reopening of its movie theaters next month. Early on Monday, Cineworld, the largest operator in the U.K., where is also owns the Picturehouse cinema chain, said ithas agreed with a group of private institutional investors on the terms of a new $250 million secured debt facility that matures in 2023.

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.

Well, that certainly didn’t take long. AMC Theatres and most of the theatrical chains were playing a disingenuous game of “hey, don’t look at me, we just play movies, talk to your Governors” bullshit with the whole COVID-19, theatrical re-openings and face-masks conversation (if a business can refuse you with “no shoes, no shirt” policy, they sure as hell can do a similar mask one during a pandemic if they choose).

website, “as related to our employees, guests will also be required to wear masks.”The moves come after critics on social media said that cinemas are not going far enough if they do not require customers to wear face masks.Earlier this week, AMC, Regal and Cinemark all said in their reopening plans that employees would be required to wear masks and other personal protective equipment, but the same would not be asked of customers unless local or state officials mandate the use of masks in public

The Alamo Drafthouse Cinemas on Friday said it will require patrons to wear face masks upon reopening its theaters. The tweet followed a backlash over initial comments made by AMC Theatres CEO Adam Aron regarding why his chain won't require customers to do so (AMC has since reversed course).

Jordan Moreau Regal Cinemas has updated its reopening policy and will now require guests to wear face masks at their locations when theaters are able to resume business.“Our current mask policy requires both employees and guests to wear masks at all Regal theaters,” a company spokesperson told Variety. “Our ultimate goal is to create a safe environment for our guests and employees.

Anthony D'Alessandro Editorial Director/Box Office EditorEXCLUSIVE: We have just received word that No. 2 film exhibitor Regal Cinemas is requiring all patrons to wear face masks.In an updated policy made public Friday on the chain’s website, “As related to our employees, guests will also be required to wear masks.