The emerging narrative on Wall Street about AMC Theatres, North America's largest cinema circuit, is that the company may be on the brink of bankruptcy amid the coronavirus pandemic. The theater chain's hefty debt load is trading at highly distressed levels, and analysts have sounded the alarm that "AMC has minimal liquidity options to make it through" the virus crisis, recommending investors sell off stock before the exhibition giant files for Chapter 11 protection.
Theater Owners, Will Rogers Foundation Create $2.4 Million Fund for Cinema Workers
30.03.2020 - 22:49 / hollywoodreporter.com
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.
closed two weeks ago. The new grant program will provide a stipend to any theater workers who meet specific criteria.
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variety.com
14.04.2020 / 21:23
Theater Owners Caution Studios Over Shorter Release Windows
By Dave McNary
variety.com
14.04.2020 / 20:11
Netflix Announces $1 million Aid Fund for Brazilian Workers
By Marcelo Cajueiro
deadline.com
13.04.2020 / 22:09
Lionsgate Teams With Fandango, YouTube & NATO To Help Furloughed Cinema Employees With ‘Lionsgate Live!’
By Anthony D'Alessandro
theshaderoom.com
10.04.2020 / 22:53
Rihanna & Twitter CEO, Jack Dorsey Team Up To Donate $4.2 Million To Domestic Violence Victims Affected By COVID-19
Rihanna is back again with yet another major donation to help out during this hard time that many people are experiencing due to the spread of COVID-19. This time, she and her Clara Lionel Foundation have teamed up with Twitter/ Square CEO Jack Dorsey to make a joint donation of $4.2 million to domestic violence victims.
manchestereveningnews.co.uk
09.04.2020 / 21:23
Lady Gaga fashion designer swaps creating glitzy outfits to make masks for frontline workers
A fashion designer whose clients have included Lady Gaga has swapped creating glitzy outfits for making face masks for frontline key workers amid the coronavirus crisis.
eonline.com
07.04.2020 / 15:27
Bad Boys Franchise Have Come For You
Martin Lawrence and Will Smith haven't been bad boys for life just yet, but they have been on the job for a quarter of a century. It's been 25 years since they proved to be an irresistible comedic duo in Bad Boys, the action blockbuster that made movie stars out of Smith and Lawrence, gave director Michael Baya taste for major action sequences and launched a franchise that took its damn time to come together.
deadline.com
06.04.2020 / 15:03
ITV Creates $615,000 Coronavirus Development Fund For Producers
By Jake Kanter
etcanada.com
04.04.2020 / 18:55
Elton John’s AIDS Foundation Launches $1M COVID-19 Emergency Fund
Elton John took to social media on Saturday with some big news to share about his charity, announcing that his Elton John AIDS Foundation is launching a $1-million COVID-19 emergency fund.
deadline.com
03.04.2020 / 03:27
Directors Guild Foundation Launches COVID-19 Emergency Relief Fund
By David Robb
variety.com
02.04.2020 / 02:41
Movie Theater Owners Create $1.25 Million Fund for Employees in California, Nevada
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.
theshaderoom.com
31.03.2020 / 22:53
Jay-Z’s Shawn Carter Foundation & Rihanna’s Clara Lionel Foundation Donate A Combined $2 Million For COVID-19 Relief Efforts
Jay-Z and Rihanna are teaming up through their foundations to donate a combined $2 million to help with COVID-19 relief efforts. Together they will be helping undocumented workers, children of healthcare workers that are on the frontline, first responders, as well as incarcerated, elderly and homeless people.
variety.com
30.03.2020 / 19:55
Theater Owners Create $2.4 Million Fund for Cinema Workers
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.
variety.com
26.03.2020 / 17:37
Theater Owners Chief Says Coronavirus Stimulus Will Help Cinemas Survive
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.
variety.com
26.03.2020 / 04:59
U.S. Movie Theater Owners Applaud Senate Passage of Relief Package
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.
etcanada.com
26.03.2020 / 00:21
Kylie Jenner Donates $1 Million To Help Heathcare Workers Amid The Coronavirus Pandemic
Kylie Jenner is giving back during the global coronavirus pandemic.
variety.com
24.03.2020 / 14:49
European Movie Theater Owners Call for Government Support During Coronavirus Crisis
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.
