Black Panther, Wonder Woman, ET and Cars are among the films unveiled Wednesday for the Walmart Drive-In, curated by the Tribeca Film Festival, that will turn the giant retailer's parking lots at 160 locations into outdoor theaters starting August 14.
Walmart said the nationwide event will feature 320 showings through…
UK cinema owners say they were shocked and frustrated by Tuesday’s announcement that Disney is taking Mulan directly to Disney+ and avoiding a theatrical release entirely in any country where the service has launched.
After Warner Bros' Tenet, the Disney pic was seen as a potential saviour for cinemas as they try to…
Refresh for updates: On Disney’s 3Q earnings call Tuesday, it was announced that Mulanis going to Disney+ on September 4.
Specifically, Disney will be releasing the film theatrically in certain markets where the studio currently has no announced launch plans for Disney+ and where theaters are open (i.e., China). The…
The CEO of the nation's fourth-largest exhibitor warned studios not to "leave a good party in pursuit of a better one," but called the debate over Premium VOD overblown.
Greg Marcus, chief of Marcus, said Tuesday that consumers are likely to drift away from watching video-on-demand releases when things normalize…
Executives at Cinemark, the No. 3 U.S. exhibitor, believe they have sufficient cash to last “well into 2021” even if theaters remain closed due to COVID-19.
The forecast came during an earnings call with Wall Street analysts Tuesday to discuss second-quarter numbers. Earlier in the morning, company reported…
Cinemark CEO Mark Zoradi weighed in this morning on all the noise that Universal and AMC stirred up last week with their plan to crunch the theatrical window to 17 days.
“Consistent with our past practices, Cinemark does not comment on the actions of our competitors. That said we believe an exclusive theatrical window…
Cinemark reported financial results for the second quarter that revealed the massive toll of COVID-19, with $9 million in total revenue and a loss of $1.45 per share.
Those figures managed to exceed Wall Street’s conservative estimates for the desolate April-to-June period, however. The No. 3 U.S. exhibitor also said…
UPDATED, Monday PM with exclusive chart: IFC’s horror movie The Rentalcame in a little lighter than expected but still was big enough to remain atop the pandemic-impacted weekend box office for a second week. The distributor reported a three-day gross of $290,300, down 28% from its first frame. Dave Franco’s feature…
National CineMedia isn't a movie chain but it's the nation's largest cinema advertising network and it saw revenue plunge by more than 96% last quarter as theaters were shuttered for the entire period, a steep dip that's likely to be repeated as exhibitors report earnings starting tomorrow with Cinemark and Marcus.
AMC…
AMC Entertainment announced Monday it's officially concluded a complex, and controversial, restructuring of approximately $2.6 billion of its debt that included an exchange and fresh capital raise.
The news came as iyd new distribution deal with Universal Pictures continues to roil the industry.
Holders of more than…
It’s a volatile time in our country. We are divided and there’s an extreme sense of civic unrest. As hopeless as many of us feel, there are heroes on the front lines who are protecting our constitutional freedoms when it comes to abortion rights, immigration rights, LGBTQ rights and voting rights — and those heroes…