Vue Cinema Chain Sets $131 Million Debt to Face Coronavirus Crisis: Report

Rebecca Rubin News Editor, OnlineSuperhero thriller “The New Mutants,” one of the first major movies to open since coronavirus caused theaters to close in March, launched to $7 million over the weekend. Though ticket sales were on the lower end of expectations, the Disney and 20th Century Studios release marks the biggest debut yet for a new release during the pandemic.Around 60-70% of theaters have reopened across the U.S.

Tax hikes of up to £20bn targeting the wealthy are being considered to cover the cost of the coronavirus crisis, it has been reported.Ministers are looking at raising capital gains tax and corporation tax as soon as the November Budget to address the nation's finances, according to the Sunday Times.The money could be clawed back from a range of sources including pensions, businesses, and foreign aid, the newspaper said.Chancellor Rishi Sunak is considering hiking corporation tax from 19 per cent

Lexi Lane Virginia’s Lockn’ Music Festival has been officially canceled for 2020 due to the Coronavirus pandemic.A music festival based in Virginia, Lockn’ provided an annual space in Arrington for the jamband community. It was originally set for October 2-4 of this year, although the official lineup had yet to be released prior to the cancellation.

Gap has released their earnings report and a pretty shocking figure was revealed.

"They have all risked their health, and that of their families, to go out every day to provide much-needed support to the vulnerable adults we support.“The reason for putting my story into SSSC is the hope that it will help raise the profile of the social service sector and the amazing work that is done and hopefully encourage people to consider a career in social services by letting them see just how rewarding it can be.”

Patrick Frater Asia Bureau ChiefStarlight Media, the Hollywood-focused Chinese film financier behind “Crazy Rich Asians,” is to go further in its promotion of filmmaking diversity. It has unveiled details of a $100 million film and talent development fund.The company’s Stars Collective initiative will support aspiring female and BIPOC filmmakers and creative storytellers.

Eduardo Leal, head of screen content at Vue Entertainment, said: “It feels great to be welcoming customers through our doors again, and with such a fantastic and diverse array of classic content, we really want them to know that cinema is back.“Now more than ever, great stories need a big screen, and I think the programme we have coming up in the coming weeks features some of the best ever examples of why film really is best enjoyed in the top quality screen and sound that we offer.”Vue is also

David Lynch has shared a new edition of his off-the-wall weather reports, taking time to thank the USA’s postal workers.Back in May, the director revived his much-loved series, in which he dramatically and wistfully describes the weather, after more than a decade away.Since then, he has continued the series, while also touching on social issues, such as the Black Lives Matter movement, which he addressed in a June weather report.Now, in the latest instalment of the series, posted today (August

Justin Kroll Senior Film ReporterEXCLUSIVE: Already owning several titles, hip-hop star and actor Common can now add health guru to that list as the multi-hyphenate has set a new health and wellness series, Com&Well, on his YouTube channel.The six-episode series will be hosted by Common and premiere Tuesday.

coronavirus cases, reports Sky News.

coronavirus on its business.The cinema chain, which operates 90 cinemas in the UK and employs approximately 9,000 staff across Europe, is on course to secure the funding days after reopening some of its UK multiplexes.Sky News reports that the new funding package is being lined up in addition to Vue’s existing borrowing facilities.

Kamala Harris is paying tribute to the women who came before her as she makes history as the first Black woman and first Asian American to join a major political party's presidential ticket. The California senator — who was announced as presumptive Democratic presidential nominee Joe Biden's vice presidential pick on Tuesday — appeared together with Biden for the first time in Delaware on Wednesday.

Naman Ramachandran Come Aug. 26, virtually all roads in the lucrative U.K.

coronavirus pandemic. It follows in the wake of San Diego Comic Con and other fandom frolics that have offered streaming programming in lieu of live events.“We are thoroughly disappointed that we can’t gather together, in-person for the New York Comic Con we love to build and our fans love to revel in.

Alyssa Milano is opening up about the ongoing impact of her battle with the coronavirus. The 47-year-old actress filmed a video for her social media followers showing how she is experiencing hair loss — months on from her initial COVID-19 symptoms.“I just wanted to show you the amount of hair coming out of my head as a result of COVID," she said, before running her favorite detangling brush through her long locks.

Naman Ramachandran “The Grand Budapest Hotel” actor Ralph Fiennes will star in a production of “Beat the Devil,” a new play by eminent playwright and Oscar-nominated screenwriter David Hare (“The Reader,” “The Hours”).Theater director Nicholas Hytner, BAFTA winner for the film “The Madness of King George,” will direct the production, which will be staged at London’s Bridge Theater.The play will be staged in September and October, if the U.K.