Theater Owners Create $2.4 Million Fund for Cinema Workers

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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.

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 $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.

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.

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