Box Office:Movie Theater Reopening Plans Face Uncertainty

Box Office:Movie Theater Reopening Plans Face Uncertainty

#boxoffice #movie #theater #coronavirus #valuations #Hollywood #stocks #studios $AMC $DIS $CMCSA $CNK $MCS $IMAX Cinema giants have seen their market valuations hammered this year. The shutdown of circuits due to the C-19 coronavirus chaos resulted mass closings, release delays, liquidity concerns and a premium VOD disputes. Despite a controversy about face mask requirements, things seemed to be looking up […]

Box Office: AMC Theatres Will Not Reopen Til Big Studio Movies are Back

Box Office: AMC Theatres Will Not Reopen Til Big Studio Movies are Back

$AMC $CNK $RDI AMC Theatres (NYSE:AMC) says it will reopen its 630+ US theaters until there is new Hollywood product about to roll out. The 1st Summer studio film currently on the calendar is Christopher Nolan’s Tenet on 17 July, followed by Mulan a wk later on 24 July. The company’s comment comes several days after the National Association […]

Domestic Box Office: Best Case Scenario Off 40%

Domestic Box Office: Best Case Scenario Off 40%

$DIS, $SNE, $CMCSA, $LGF If theaters are closed for 3 months, domestic grosses may struggle to hit $7-B, a 20-year-plus low. By 3 April, the greatest calendar migration in the 100-year-plus history of the movie business was complete as virtually all major summer tentpoles relocated amid the coronavirus pandemic in a mega-game of dominoes that […]

Box Office: ‘A Quiet Place’ Crushed R-rated ‘Blockers’ With $50-M Open

Box Office: ‘A Quiet Place’ Crushed R-rated ‘Blockers’ With $50-M Open

Box Office: ‘A Quiet Place’ Crushed R-rated ‘Blockers’ With $50-M Open $VIA, $CMCSA, $CBS, $TWX, $DIS It was a good weekend all around for movie-going in the US as revenue spiked more than 36% over the same frame last year. ‘Blockers’ fought off the R-rated comedy curse with a $21.4-M debut, while Ted Kennedy scandal […]

Rents Decline for Every Apartment Size in Manhattan

Rents Decline for Every Apartment Size in Manhattan

Rents Decline for Every Apartment Size in Manhattan Rents fell last month for Manhattan apartments of all sizes, the 1st across-the-board price decline in at least 4 years, as a construction boom brought more buildings to market and allowed some tenants to leave for bigger or newer units. For studios, which held their own last year […]

UK Pinewood Studios Sold to Real Estate Investment Fund

UK Pinewood Studios Sold to Real Estate Investment Fund

UK Pinewood Studios Sold to Real Estate Investment Fund The iconic UK studio home of the James Bond franchise and ‘Star Wars’ is Europe’s largest provider of studio space. The sale of Pinewood Group to a real estate investment fund in a deal worth $412-M has closed/. Pinewood Studios was sold to Picture Holdco Ltd., an […]