Theater Owners Boss “Hopeful” That $2 Trillion Stimulus Package Will Have Bipartisan Compromise Soon

By Bruce Haring

By Ted Johnson

The CARES Act, a $2 trillion coronavirus economic stimulus package signed into law March 27, includes some of the most far-reaching benefits for gig economy workers and small businesses in U.S. history.That’s good news for the music industry.

The National Association of Theatre Owners of California/Nevada has established a $1.25 million relief fund to assist employees of member theaters who have been laid off due to the COVID-19 pandemic.

Colton Underwood addresses a lot of firsts in his new book — appropriately titled The First Time — including his first love: ex-girlfriend Aly Raisman.

The National Association of Theater Owners and the Pioneers Assistance Fund have created a $2.4 million emergency grant program for cinema employees impacted by the coronavirus pandemic. More than 150,000 workers have been furloughed or laid off since the vast majority of theaters across the U.S.

The National Association of Theatre Owners and the Pioneers Assistance Fund have created an initial $2.4 million fund to provide financial assistance to movie theater employees who need help due to the coronavirus pandemic.

President Donald Trump signed an unprecedented $2.2 trillion economic rescue package into law Friday, after swift and near-unanimous action by Congress to support businesses, rush resources to overburdened health care providers and help struggling families during the deepeningcoronavirusepidemic.

Bee Gees legend Barry Gibb, DJ Diplo, and singer/songwriter Ryan Tedder have all signed up to live-stream performances from home this weekend as part of a new fundraising concert.

Diplo, Barry Gibb, Ryan Tedder, Lauv, Charlie Puth, Die Antwoord, and many more have joined Twitch Stream Aid, a 12-hour charity stream kicking off this Saturday, March 28 at 9:00 AM PST on twitch.tv/twitch co-presented with Amazon Music. The livestream will benefit the COVID-19 Solidarity Response Fund for the World Health Organization. (See the full lineup in the poster below.)

With more than 3 million people filing for unemployment last week due to business closures tied to the Covid-19 pandemic, the United States Senate voted last night to pass Phase III of the stimulus package, which includes a component to aid abruptly unemployed Americans."We applaud Leaders McConnell and Schumer, Secretary Mnuchin, and all Members of the Senate and the Administration who worked to include direct financial aid to Americans in need in the stimulus package the Senate passed today,"

The $2 trillion stimulus may have saved the movie theater business from financial ruin. After being forced to close because of the coronavirus pandemic, cinemas across the country were struggling to find a way to keep paying their rent and other bills without being able to sell any tickets. It was a scenario that could have led to widespread bankruptcies.

By Anthony D'Alessandro

The National Association of Theatre Owners commended the U.S. Senate’s bipartisan agreement to provide economic relief to the exhibition business and other industries that have had to close their doors due to the COVID-19 pandemic.

The White House and Senate leaders of both parties announced agreement early Wednesday on unprecedented emergency legislation to rush sweeping aid to businesses, workers and a health care system slammed by the coronavirus pandemic. The urgently needed pandemic response measure is the largest economic rescue measure in history and is intended as a weeks- or months-long patch for an economy spiraling into recession and a nation facing a potentially ghastly toll.

The International Union of Cinemas (UNIC), the body that represents European movie theater owners, is calling on governments across the continent to do everything in their power to ensure that cinemas are able to overcome the challenges posed by the coronavirus pandemic.

On March 20, amid unprecedented circumstances resulting from the coronavirus pandemic, new Hollywood movies were suddenly available to buy or purchase on premium VOD. Historically, a major studio title isn’t widely available in the home entertainment space for around three months.

It could be lights out for the movie theater business if Congress doesn’t pass the trillion-dollar coronavirus rescue bill. That’s the stark message from John Fithian, president and CEO of the National Association of Theatre Owners (NATO).

A coalition of more than a dozen entertainment unions are joining efforts to press Congress to ask for an emergency relief bill that includes direct cash payments of more than $1,000 a month for workers, as well as the extension of unemployment benefits and a provision for paid sick leave, among other priorities.