Small investors bid up the share price of largest U.S. movie theater circuit AMC Entertainment to heights that baffled Wall Street professionals. These investors embraced the nickname of “apes” because they are unsophisticated in investing but group movement made them strong like gorillas. What comes next is that high-flying AMC will have to deliver profits that justify its … [Read more...] about ‘Apes’ Love AMC Stock … So Far
exhibition
Cinema Marketing Ignites ‘Quiet II’
Horror film “A Quiet Place II” scared up a blockbuster $57 million in domestic box office for the four-day Memorial Day holiday weekend with a conventional cinema marketing campaign. The messaging included “Only In Theatres” as a key copy line; "Quiet" won't hit video streaming until 45 days after cinema premiere. The Paramount Pictures release bettered second-ranked weekend … [Read more...] about Cinema Marketing Ignites ‘Quiet II’
Digital Disciple Endorses Cinema
The digital native atop Hollywood’s largest major studio gave a full endorsement to cinema release, as the broader rebound of the theatrical film business takes shape post-pandemic. Jason Kilar, head of mammoth Hollywood enterprise WarnerMedia, told a recent MoffettNathanson investors' conference: “You should expect us to lean into theatrical distribution for decades and … [Read more...] about Digital Disciple Endorses Cinema
No. 3 Cinema Chain Opens VOD Windows
The nation’s third-largest theater circuit, Cinemark Holdings, reached a deal with all five Hollywood major studios allowing rapid video-on-demand adjacent to cinema release, indicating the industry is moving to shorter windows and cooperation. In a separate initiative, the Plano, Texas-based theater chain booked Netflix original movie “Army of the Dead” apparently on a … [Read more...] about No. 3 Cinema Chain Opens VOD Windows
Hollywood’s ♥️ Affair: Still ‘Dating’ Cinema
Hollywood still shows its love for cinema, despite the naysayers. Lost in the current theatrical release depression is that movie distributors continue to aggressively schedule cinema premieres months and even years ahead, when the Covid-19 is expected to be gone. Such film release scheduling is known as “dating” in Hollywood parlance. And, yes, such dating can be undone. … [Read more...] about Hollywood’s ♥️ Affair: Still ‘Dating’ Cinema
Virus Costs Cinema $32bn, But Rebound Forecast
Global boxoffice revenue will decline $32 billion due to Covid-19 closures, representing a 71.5% plunge, estimates a London-based researcher that is nonetheless upbeat about a healthy though not complete rebound in two years. Omdia Research’s latest syndicated report "Movie Windows: Adapting for the Future” forecasts 2020 global boxoffice will amount to just $13 billion, for … [Read more...] about Virus Costs Cinema $32bn, But Rebound Forecast
Cinemas Craft Durable VOD Model
The movie-release window for video-on-demand after cinema is getting more crowded, in what should be viewed as good news because a durable formula is being hashed out that works for both Hollywood and cinema. Earlier this week, the nation’s #3 theater chain Cinemark cinched a deal for the Universal Pictures slate and separately Warner Bros. unveiled a combination … [Read more...] about Cinemas Craft Durable VOD Model
Drive-in Theaters Come to Cinema Rescue
Drive-in theaters were something of a regional and seasonal backwater until the pandemic made watching entertainment from inside a car cool again. Instances where drive-in initiatives attract throngs of consumers gives hope that cinema will snap back once the coronavirus disappears. Music concerts and esports video game competitions have even embraced the outdoor drive-in … [Read more...] about Drive-in Theaters Come to Cinema Rescue
Cinemas Reopen Cautiously Amid Virus Worries
Cinemas around the world are nervously piecing together comeback plans -- opening with social distancing, shoring up their corporate coffers with cash and restructuring operations to withstand lean times. It's a slow process made worse with deadline pressures but in the long run it should succeed. Cinema infrastructure is top-notch and audiences locked down by the … [Read more...] about Cinemas Reopen Cautiously Amid Virus Worries
Coronavirus: We’ve Seen This Movie Before
The torrent of predictions of the quick demise of movie cinema strikes me as tunnel-vision bordering on dishonesty -- and provably by simply looking at past history and ingrained human behavior patterns. Hey, if movie theaters are dead, then so are legitimate theater (Broadway), music concerts, theme parks, cruise ships and audience attendance at sports events. But the … [Read more...] about Coronavirus: We’ve Seen This Movie Before