#BoxOffice #Movie #Business #Dead #virus #MGMStudios $AMC $CMCSA $CNK $CNNWF With New York and Los Angeles cinemas shuttered, “the business feels dead” as studios pull major tentpoles and New York Governor Andrew Cuomo comes under fire for keeping NYC cinemas closed. There is a new public enemy # 1 among theater owners and some Hollywood […]
$LVS $WYNN After more than two months of closures, Nevada’s casinos have begun to reopen. It will be gradual not all restaurants and other amenities will be up and running right away, and all buffets, nightclubs, dayclubs and live entertainment venues will stay shuttered for now. Properties have been working hard to create as safe […]
$DIS, $AMC, $MGM Official US indicators for employment, inflation and GDP may seem badly out-of-date as the rapidly spreading coronavirus outbreak wreaks havoc on the economy, as the Key data points are often a month behind. To give a more timely look, below are 5 Key indicators tracking how consumers are reacting to the crisis. […]
$DIS, $MGM, $LGF, $CMCSA, After 3 weekends at the Top of the domestic box office, Avengers: Endgame‘s reign has come to an end, thanks to John Wick, a retired hit man. Lionsgate’s (NYSE:LGF) John Wick: Chapter Three — Parabellum had a huge debut weekend, earning $57.2-M stateside in 3,850 theaters, beating out Endgame‘s $29.4-M domestic take. […]
Box Office: Family Films Dominate, ‘Ralph Breaks the Internet’ Wins Again With $25.8-M $DIS, $SNE, $TWX, $CMCSA, $LGF Family films dominate, as ‘The Grinch’ places #2 in its 4th outing, while the’The Possession of Hannah Grace’ only debuts to $6.5-M. Disney Animation Studios’ Ralph Breaks the Internet a big winner in its 2nd weekend, taking another $25.8-M […]
Mickelson Wins the Match Against Woods with a Birdie on 22nd Hole Phil Mickelson beat Tiger Woods in overtime Friday in their $9-M pay-per-view match in Las Vegas that ended up free for many viewers because of technical problems. Mr. Mickelson won on the 22nd hole, making a 4-ft birdie putt on a specially set […]
MGM to Operate Dubai Hotel Resort $MGM The project will include regional debuts of MGM’s brands with a Dubai version of the famous Bellagio hotel Dubai government-owned real estate management firm Wasl Asset Management has selected US hotel and entertainment company MGM Hospitality to develop, advise and operate a 26-acre branded beachfront development. The Dubai […]