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China Outlines 14th Five-Year Plan For Movies; Whither Hollywood? & Does That Market Still Matter?
Outlining its 14th "Five-Year Plan" for the development of Chinese films, the China Film Administration has said it plans to increase the number of movie screens in the country to 100,000 by 2025. Good news, and along with that, the regulator will be promoting 10 domestic tentpoles each year. This is not far off from…
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Alamo Drafthouse Inaugurates Ivan Reitman Cinema As Son Jason Debuts ‘Ghostbusters: Afterlife; Giant Marshmallow Man Unveiled
Austin-based Alamo Drafthouse Monday renamed its new lower Manhattan theater the Ivan Reitman Cinema after the prolific director of Ghostbusters — and ahead of the theatrical release of Ghostbusters: Afterlife, helmed by his son Jason Reitman.
Both Reitmans were on site for the solemn occasion to inaugurate a giant…
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Cineworld Reports Positive Cash Flow In October As Revenues Hit Pandemic High
"There are real grounds for optimism in our industry," Cineworld CEO Mooky Greidinger beamed today as the world's second largest exhibitor issued a trading update. The company reached "an important milestone" in its recovery, generating positive cash flow in October, it said in the statement. Although it didn't get…
‘Belfast,’ Oscar Contender & TIFF Audience Winner, Sees Solid Ticket Sales In “Week By Week, Inch By Inch” Arthouse Recovery – Specialty Box Office
Belfast, Kenneth Branagh's intensely personal story of one boy’s childhood in tumultuous late 1960s Northern Ireland, earned an estimated $1.8M in 580 locations this weekend for a PTA of $3,111 – a solid showing for a black-and-white film in a specialty market that’s waging what one distribution exec calls an "an…
‘No Time To Die’ Crosses $700M Global, Becomes Biggest Hollywood Pic Of Pandemic Overseas; ‘Eternals’ Assembles $281M WW Through Second Session – International Box Office
UPDATE, writethru: After seven weekends of offshore release, MGM/Eon/Universal’s No Time To Die continues to bond with audiences and has crossed $700M global. Importantly, that includes over $558M at the international box office, making Bond 25 the biggest Hollywood movie overseas in 2021 and throughout the pandemic…
‘Eternals’ Powers $27M+ Second Weekend; ‘Clifford’ Louder With $22M 5-Day: Is Theatrical Hybrid Model Really The Answer For Family Movies? – Update
Sunday AM Writethru: After Saturday AM update…Despite the worst reviews ever for a Marvel movie, and a B CinemaScore, the second weekend of Disney/Marvel’s Eternals didn’t implode, hitting $27.5M for the weekend, very close to where we saw it yesterday morning. That’s a -61% decline from its opening weekend, which is…
‘Julia’ Arrives With A Culinary Marketing Blitz; Lin-Manuel Miranda’s ‘Tik, Tik… Boom!’ In Theaters – Specialty Preview
Sony Pictures Classics releases Telluride-darling documentary Julia with a national TV push, culinary events and virtual screenings through November hosted by famous chefs from Alice Waters (San Francisco) and Johnny Spero (Boston) to Jamie Bissonnette (Houston) and luminaries from New York, LA, Philly and…
‘Eternals’ Ends First Week With $91M+; ‘Clifford The Big Red Dog’ Fetches $5.6M Through Two Days
Friday AM Update: Disney’s Eternals led the Veterans Day box office with a $6.3M take, the highest haul during its weekdays, +47% from Wednesday and sending its first week tally to $91.3M. As we mentioned the Gemma Chan, Angelina Jolie, Kumail Nanjiani, Richard Madden, and Salma Hayek ensemble is expected to maintain…
Imax Hires Industry Vet Julie Fontaine As SVP Marketing
Imax has named former Lionsgate and Netflix publicity veteran Julie Fontaine as SVP Marketing in what is a newly created position at the large-format exhibitor. She will report directly to Imax chief marketing officer Denny Tu.
Fontaine will oversee strategic marketing campaigns and creative for Imax’s global event…
AMC Entertainment’s Reddit Investors Want It To Make Movies (Again), A Branded Credit Card, AMC Cryptocurrency – Could Be, Says CEO Adam Aron
AMC CEO Adam Aron, who already has announced a push into retail popcorn sales and accepting payment in cryptocurrencies, waxed enthusiastic Monday at a flood of new ventures suggested by the chain's 4.1 million retail investors. The floated ideas include everything from an AMC credit card and a return to movie…
AMC Entertainment Sees Q3 Sales Surge, Losses Narrow Amid Theatrical Recovery; CEO Says Chain Welcomed 40M Moviegoers Globally
AMC Entertainment saw revenue jump to $763 million last quarter, beating Wall Street forecasts on a strong movie slate and accelerating theatrical recovery.
Adjusted EPS losses of 44 cents a share shrank from a loss of $8.41 a year ago. Analysts had anticipated sales of $708 million with an EPS loss of 53 cents.
As of…
‘Spencer’ Snubbed, ‘French Dispatch’ Steady – Specialty Box Office
Neon's Spencer with Kristin Stewart rang in an opening weekend of $2.149 million on 996 screens, a per screen average of $2,158 as the film failed to connect in a market that remains a stubbornly hard sell for specialty and independent films.
The well-reviewed (with raves for Stewart as Lady Diana) reimagining by…
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