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 […]