movie theatres

Cineworld thinks new Universal/AMC Theatre deal is bad for business

Posted 5 years ago

Universal Pictures and AMC Theatres may have made a new historic pact to shrink the theatrical window down to a mere 17 days but don't expect Cineworld to follow suit. Cineworld, which owns Regal Cinemas, won't be following in the...

AMC, Regal & Cinemark all postpone reopening plans

Posted 5 years ago

As has been the case whenever a major tentpole release pushes off its planned release date, AMC Theatres, Regal Cinemas, and Cinemark have all postponed their planned reopenings. The news comes in the wake of Christopher Nolan's TENET delaying its release...

NATO Chief believes movies should release in theaters despite the pandemic

Posted 5 years ago

The head of the National Theatre Owners Association, John Fithian, declares that theaters need to stay open and he believes that studios delaying films in the wake of the COVID-19 pandemic is not helping matters.  Movie theaters initially closed their...

Regal Cinemas postpones reopening until the end of July

Posted 5 years ago

Following in the footsteps of AMC Theatres, Regal Cinemas has decided to push back the reopening of its screens until the end of July. Cineworld, the second-largest exhibitor in the world and owner of Regal Cinemas, will also hit pause...

AMC Theatres announces plan to reopen and reports $2.17 billion Q1 loss

Posted 5 years ago

AMC Theatres is trying to hang in there. The theater giant, which is the largest theater chain in the nation with over 600 locations, posted a quarterly loss of $2.17 billion, which included $1.85 billion of non-cash impairment charges, against...

Cinemark confirms multi-phased re-opening beginning June 19

Posted 5 years ago

Today brings some promising news if you were a moviegoer that frequented Cinemark locations before the COVID-19 closures. In the company's earnings release reported via "Deadline", Cinemark CEO Mark Zoradi confirmed they have shifted their attention to a domestic re-opening....

Regal Cinemas still doesn’t have a reopening date in sight

Posted 5 years ago

Much of the U.S. has gradually started to reopen its businesses in a limited capacity which has made moviegoers curious as to where movie theaters fall in this current reopening plan. We can't speak for every major movie theater chain...

AMC Theatres’ stock surges amid Amazon purchase rumors

Posted 5 years ago

Both companies are staying mum on the subject but rumors are swirling that Amazon may be interested in buying the troubled AMC Theatre movie chain and this speculation saw AMC's stock surge in the process. According to "The Daily Mail", via "Variety", AMC has been...

AMC Theatres in Florida gets sued for not paying rent.

Posted 5 years ago

AMC Theatres can't catch a break. After shuttering their doors back in March due to he COVID-19 pandemic, it was revealed that the chain was pretty much in debt and. in danger of not being able to reopen if these...