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Menampilkan postingan dari Agustus, 2020

AMC Entertainment Enters Into Agreement to Sell Its Baltic Theater Locations

AMC Entertainment Holdings, Inc. has signed a definitive agreement to sell its nine theaters in the Baltic region—Latvia, Lithuania, and Estonia—to UP Invest, owner of the Baltic Apollo Group cinema group.  Said AMC CEO Adam Aron in a statement , the sale of AMC’s Baltic cinemas “marks yet another bold and decisive action taken, on the heels of our capital raising in April and debt restructuring and capital raising in July, to bolster our liquidity and strengthen our balance sheet at a transaction multiple that underscores the inherent value of our theatre portfolio and resilience of our business,” going on to cite  a resurgence of moviegoing at theaters both in Europe and the U.S.  Adds Aron: “Growing consumer confidence in our cleaning and safety protocols continues to generate increased attendance and food and beverage spend, and we look forward to offering a full slate of new and entertaining film product to further drive attendance over the remainder of 2020.” AMC came to own the

GLOBAL REPORT: Tenet Opens to $53M Overseas, New Mutants Takes $7M in Domestic Debut

The overseas box office roared back into action with the highly-anticipated release of Christopher Nolan’s Tenet . The Warner Bros. title earned over $53 million from 20 thousand screens across 41 markets, setting the stage for next weekend’s scheduled expansion in the United States.  The United Kingdom leads all markets with a $7.1 million haul from 3,114 screens, followed by France ($6.7M, 1,070 screens), South Korea ($5.1M, 2,228 screens), and Germany ($4.2M, 1,955 screens). The film registered the biggest debut for a Nolan title in 9 countries (including Hungary, Netherlands, and Ukraine). Tenet also set an industry record for the biggest Hollywood launch in Saudi Arabia, where it earned $1.47 million from 131 screens.  Click here for a detailed box office report of Christopher Nolan’s Tenet “We are off to a fantastic start internationally and couldn’t be more pleased,” said Toby Emmerich, Chairman, Warner Bros. Pictures Group, in a press release. “Christopher Nolan has once agai

Nolan’s Tenet Draws Strong $53M International Opening from 41 Markets

After a long anticipated release, Christopher Nolan’s Tenet has generated an estimated $53 million in its global debut through Sunday, topping most expectations ahead of its debut. Warner Bros. reported the first official projections this morning following the film’s international rollout that began on Wednesday. The film is currently playing in 41 markets, including Canada, on more than 20,000 screens. The 32 markets comprising Europe, the Middle East, and Africa grossed $37 million the current estimate across 13,146 screens. Tenet has opened in first place at the box office in every market where it’s screening thus far. “We are off to a fantastic start internationally and couldn’t be more pleased,” said Toby Emmerich, Chairman, Warner Bros. Pictures Group. “Christopher Nolan has once again delivered an event worthy motion picture that demands to be seen on the big screen, and we are thrilled that audiences across the globe are getting the opportunity to see Tenet. Thank you to our

Movie Theaters in Select California Counties Allowed to Open Starting August 31

California’s Blueprint for a Safer Economy plan, announced by Governor Gavin Newsom on Friday, August 28, will allow movie theaters in select counties to open starting Monday, August 31. The plan organizes California’s counties into four tiers based on their rate of new Covid-19 cases and rate of positive testing. The tiers are labelled purple (widespread), red (substantial), orange (moderate), and yellow (minimal). Starting August 31, indoor movie theaters in counties in the red tier may reopen with limited capacity of 25 percent or 100 people, whichever number is smaller. Theaters within orange counties are limited to 50 percent or 200 people, whichever is smaller. The capacity goes up to 50 percent for theaters in yellow, or minimal, counties. Purple counties are defined as those with more than seven daily new cases per 100,000 and a positive test rate of more than eight percent. Los Angeles County, as of Saturday the 29th, stands at 12.7 daily new cases per 100,000 and a positive t

Long Range Box Office Forecast: Christopher Nolan’s Tenet

When last this column was published on a regular basis, we had the unfortunate distinction of reporting delayed release dates for major films in response to the COVID-19 pandemic. In a much happier turn of events for the industry and movie lovers everywhere, though, theaters are resuming operations and we’re back with the first long range forecast in over five months. The Long and Winding Road… to Tenet Regular readers likely remember this column would typically focus major wide releases eight weeks out on the calendar, as well as updated forecasts and tracking for other major titles throughout that window. For reasons which seem fairly obvious, but ones this report will break down a bit more, the structure of the column will be temporarily different until we reach a point on the calendar where at least one major wide release is slated on any given weekend. Over the next few weeks, we’ll also be narrowing the inclusion of films in this public forecast to those scheduled roughly one mo

What the Dickens: The Personal History of David Copperfield Heads to the Big Screen

Director Armando Iannucci returns to the big screen, following 2017’s The Death of Stalin and 2009’s Oscar-nominated In the Loop , with The Personal History of David Copperfield . The Charles Dickens adaptation—which tells the tale of a young man (Dev Patel) suffering through numerous changes in fortune in 19th-century England—had its debut at the Toronto International Film Festival in September 2019. A U.K. release came in January 2020, and a North American bow was scheduled for May. And then … we don’t need to tell you what happened.   Luckily for fans of witty, colorful costume dramas, The Personal History of David Copperfield is still heading to theaters—this time on August 28, courtesy of Searchlight Pictures. In advance of the film’s foray into newly opened cinemas, Iannucci took the time to speak to Boxoffice Pro. The following conversation was conducted on June 26. It has been edited for length and clarity.  Before we start, I have to thank you. The Personal History of David

Thursday Night Report: New Mutants Earns $750K from Domestic Previews

August 28 Update: Disney reports this morning that The New Mutants earned an estimated $750K from domestic previews that began at 6pm Thursday night. Comparisons may be somewhat strained at this stage for all of the reasons previously discussed in regards to the theatrical re-opening and recovery process during the era of COVID-19, including the fact that — while relatively low profile for the genre — this remains a film with inherent pent-up demand from some franchise fans. With that caveat in mind, New Mutants ‘ Thursday night take was generally in line with expectations ahead of release and in step with the last Thursday previews reported before the industry’s shutdown back in March. At the time, Bloodshot , I Still Believe , and The Hunt opened to $1.2 million, $780K, and $435K, respectively. New Mutants ‘ Thursday performance also registered ahead of other horror-thriller pics released in early 2020, such as The Turning ($425K), Gretel and Hansel ($475K), and Brahms: The Boy

Harkins Theatres to Reopen All Arizona Locations This Friday

Harkins Theatres has announced it will reopen all Arizona locations this Friday, Aug. 28. Available films will include The New Mutants, Unhinged, the 10 th anniversary rerelease of Christopher Nolan’s Inception and several films whose runs in theaters were cut short by the pandemic. It will additionally screen a variety of classic films for $5 and begin early access screenings of Tenet on Monday, Aug. 31. The reopened theaters will put in place a number of health and safety protocols that “meet or exceed uniform guidance from the CDC, governmental health authorities, and the National Association of Theatre Owners,” according to a release. These protocols include mandatory face coverings for guests and employees, except while eating or drinking in seats; mandatory social distancing; additional cleaning staff and enhanced cleaning and sanitizing procedures; daily health checks for employees; reserved and socially distant seating; staggered showtimes to reduce the number of guests in

New Hampshire’s Wilton Town Hall Theatre Hosts a Week of Silent Movie Comedies

Want to forget the 2020s and return to the 1920s? Last week, the Wilton Town Hall Theatre in New Hampshire held five consecutive days of silent film screenings with live musical accompaniment. The two-screen location, with about 200 seats in the main auditorium and 68 in the screening room, reopened in July with a combination of newer releases ( Irresistible and  Emma ) and repertory titles (1776 and It’s a Mad, Mad, Mad, Mad World ). With attendance not reaching the levels they’d hoped for, the cinema decided to double down on their hit Sunday silent film series, which usually runs about twice a month. “Those are films you  really need to experience in a theater with other people,” pianist and musical accompanist Jeff Rapsis explained in an interview. “It was my idea to do a whole week of them. We decided comedy was the way to go. The Douglas Fairbanks films we’d been running this year had been swashbuckling action adventures. But boy, do we need to laugh right now.” From Monday,

AMC to Open Second Wave of U.S. Movie Theaters This Weekend

Citing a “ successful reopening ” for its first wave of 100 theaters, AMC has announced the reopening of 170 additional U.S. locations this Thursday, August 27. AMC reopened its first 100 locations—spread across 19 states and Washington, DC—on Thursday, August 20. Today’s announcement will have close to 300 AMC locations open for the Friday, August 28 release of The New Mutants . Boxoffice Pro’ s weekend forecast , made before the announcement of AMC’s second wave, puts The New Mutants at a $5 million-$10 million debut weekend. AMC plans to have approximately two-thirds of its approximately 600 U.S. locations open in time for the September 3 release of Christopher Nolan’s Tenet . A complete list of the theaters in AMC’s second wave can be found here ; they include the first AMC locations to reopen in Montana, South Carolina, Iowa, Oregon, Arkansas, Idaho, Kentucky, Wisconsin, North Dakota, Nebraska, Rhode Island, and Utah. “We are grateful for the positive feedback we have been receiv

Weekend Forecast: The New Mutants Targets $5M+ Domestic Debut As Exhibition’s Restart Continues; Tenet Begins Overseas Rollout with Healthy Pre-Sales Reports

We’re almost one week into exhibition’s restart across the United States, and early results have been encouraging. Solstice Studios successfully launched Unhinged to $4 million last weekend from 1,823 locations, landing at the high end of expectations even with seating capacities in play and not quite reaching the projected 2,000-theater count. With the first wide release in the COVID-19 recovery era under the industry’s belt, we now look to the next marker for progress: the first wide release from a major studio, Disney and 20th Century Studios’ The New Mutants . A Long Road to Release Fans and astute followers of the business are well aware of this film’s dodgy history over the past few years. The film, an off-shoot of Fox’s X-Men franchise featuring characters never before introduced on screen, was originally set to debut in April 2018. For reasons varying between re-shoots, rumored story changes, avoiding competition with other films, and ultimately, the Disney buyout of 20th Ce

The Eight Hundred Drives IMAX’s Top Box Office Day of 2020 in China on Tuesday; Love You Forever Bows to $38M Opening in Middle Kingdom

IMAX reports that the continued success of Huayi Brothers’ The Eight Hundred in China resulted in the company’s top performing box office day of the year in the country, posting $2.7 million from 647 screens on Tuesday. That figure accounted for 10 percent of the day’s nationwide gross on the film, $27 million. To date, The Eight Hundred has earned $11 million from IMAX venues in China, representing 6.6 percent of the film’s $163 million total through Tuesday’s close of business. Meanwhile, China’s Valentine’s Day holiday helped fuel more strong results on Tuesday with the release of Love You Forever . The local title claimed first place with $38 million on opening day, providing another strong example of the demand for returning to theaters in China. As IMAX notes, this demonstrates demand is “not tied to a single blockbuster.” As The Eight Hundred continues to march on with its strong run, all eyes will now shift toward Tenet ‘s international release beginning today (August 26). T

Atom Tickets Launches Ticketing Feature Within Snapchat

Atom Tickets has launched a new ticketing function within Snapchat that allows fans to buy tickets and organize movie nights without leaving the social app. Available now, Movie Tickets by Atom —what is known as a Snap Mini—gives North American Snapchat users the ability to watch movie trailers, buy tickets, and share their movie night plans with friends directly inside the app. After purchasing a ticket, users can share a post listing the details of the event with individual friends, a group, or to a Snap Story; friends can then click on a link to purchase their own tickets and choose seats nearby via reserved seat maps that include information on socially distanced seating measures adopted by individual theaters. In addition, purchasers can avoid ticket lines by using a QR code from their smartphone for contactless scanning. Movie Tickets by Atom supports ticketing for all of Atom’s exhibitor partners, including AMC Theatres, Cinemark, Harkins Theaters, National Amusements’ Showcase

B&B Theatres to Open 14-Screen Jackson, MS Location September 3

The nation’s seventh-biggest domestic exhibitor, B&B Theatres announced the September 3 debut of one of their biggest locations yet in Jackson, Mississippi. Located within the Northpark shopping center, the Ridgeland Northpark 14 in Jackson will include an MX4D auditorium with motion seating and sensory effects, a ScreenX auditorium with visuals on the two side walls for a 270-degree experience, a screenPlay! auditorium featuring a children’s playground inside, and a Lyric auditorium designed for smaller screenings and available for private events. The location, which B&B Theatres took over from a former Regal on the property in May 2019 , was initially scheduled to open in mid-2020 . B&B Theatres announced the closure of all their 50 locations on March 18 due to the COVID-19 pandemic, and began reopening some of their locations in drive-in form in early May. This indoor reopening is timed to the release of Warner Bros.’ Tenet , the first major theatrical tentpole to to

Gold Medal Products Announces Prepackaged Gourmet Popcorn Line

Gold Medal Products has launched a prepackaged gourmet popcorn line that will allow its signature recipes to be sold at retailers, concession stands and more. The Gold Medal Gourmet Popcorn line is crafted in small batches and “wet popped” in specially-designed oils and seasonings. Its flavors are then mixed in an “artisan fashion” rather than utilizing the commercial spray-on method. Available flavors include: Old-Fashioned Caramel Corn, Cheddar Cheese Corn, Caramel & Cheese Corn Mix, Movie Theater Style Butter Popcorn and Kettle Corn. Packaging options include a grab-and-go size, larger retail size and bulk. All flavors are Kosher and Halal-certified and gluten free. “Throughout our 89-year history, Gold Medal has earned a reputation for excellence in the popcorn industry and we are excited to now bring that same unmistakable quality to our ready-to-eat gourmet popcorn line,” said Gold Medal president Adam Browning in a statement. For more information on the Gourmet Popcorn line

Studio Movie Grill Opens Chisholm Trail Location in Fort Worth, Texas

Studio Movie Grill (SMG) is opening its first Fort Worth location on August 28, a week ahead of the Warner Bros. release of Christopher Nolan’s Tenet . The new site will be the circuit’s 14th location in its home state of Texas, adding an additional 12 screens to its existing 353 screens across 10 states in the U.S.  “With the opening of SMG Chisholm Trail, we are excited to open our doors for the first time in Fort Worth and become the anchor for this exciting new development and serve the surrounding area,” said Studio Movie Grill Founder/CEO, Brian Schultz. “We are continually innovating our concept and pride ourselves on offering much more than just the best in movies and full-service in-theater dining; our mission is to open hearts and minds one story at a time and to serve and support our local communities.”    SMG will be the anchor tenant of  The Shops at Chisholm Trail Ranch, a new shopping mall in Fort Worth.  The 40,000-square foot theater features 1,200 luxury recliners in

Box Office Gladiator: Charting the Commercial Highs & Lows of Unhinged Star Russell Crowe

Russell Crowe’s next film, the high-octane car chase thriller Unhinged , marks the first major release of the actor’s fourth decade in movies. Upon its Aug. 21 release, it will also be the first major film to debut in North American theaters during the pandemic—not to mention the inaugural title from upstart distributor Solstice Studios, which seems determined to make Unhinged the canary in the coal mine of theatrical exhibition during COVID-19. Crowe may not be the box office draw he once was, but Unhinged nonetheless revolves around the actor’s still-considerable star power, which has paid dividends over his lucrative Hollywood career. Below, we take a look back at the commercial highs and lows of his weighty filmography. L.A. Confidential (1997) In Unhinged , Crowe stars as Tom Cooper, a mentally unstable man who stalks a young mother and her teenage son across America’s roadways. It’s a role that highlights the brand of macho bravado audiences first became familiar with via Crow