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Latest Exhibition News

Box Office

‘Black Panther’ Dashes Past $520M Worldwide, Eyes $170M+ In Second Global Weekend

UPDATED, Friday: Disney/Marvel’s Black Panther rang up $27.6 million around the world yesterday, with its $14.3M domestic take making it the best Thursday ever for a Marvel Cinematic Universe title, eclipsing Marvel's The Avengers ($12.4M). All in, T’Challa counts $520.1M worldwide, and many in the industry continue to buzz that the Marvel pic has a shot at hitting $1 billion by the time the Ryan Coogler-directed movie ends its run. Today, Black Panther will be the… Read

Business

Cinemark Shares Rise On Strong Earnings Results

Cinemark

Investors snapped up shares of Cinemark following this morning’s fourth-quarter earnings results, which exceeded Wall Street’s estimates. Shares rose nearly 6% in morning trading to $42 after the motion picture exhibitor reported revenues of $750 million for the holiday quarter, thanks to increases in admissions and concession revenue. That beat consensus analyst revenue forecasts of $745.8 million. Cinemark’s earnings of $95.1 million, or 82 cents a share, also surpassed… Read

exclusiveBusiness

Industry Abuzz Over Regal Shakeup Following Cineworld Acquisition

Amy Miles Steve Bunnell

EXCLUSIVE: We’re hearing from several sources in distribution and exhibition this morning that Regal Entertainment Group CEO Amy Miles, President and COO Greg Dunn, and SVP, chief content and programming officer Steve Bunnell are leaving the exhibitor as Cineworld closes its $3.6 billion deal next week to acquire the Philip Anschutz-controlled Regal. If the deal doesn’t close, then the trio will remain. Details are still unfolding, but the rumor is that Miles is being… Read

Box Office

‘Black Panther’ Posts Record $21M Pre-Summer Tuesday; Second Weekend To Reap $104M-$109M

Black Panther

After scoring the second-best four-day opening of all time with $242 million and the best Monday ever at the domestic box office, Disney/Marvel’s Black Panther continued to knock over box office records, earning an estimated $21.07M on Tuesday. That’s the best pre-summer Tuesday take ever, beating Beauty and the Beast‘s haul for the day last year (March 21, 2017, $17.8M), and the best Tuesday ever for an Marvel Cinematic Universe title beating The… Read

exclusiveBox Office

‘Black Panther’ Goes Wild: At $242M Superhero Owns 2nd Best 4-Day Opening & Defeats ‘Last Jedi’ – Update

Black Panther

FINAL Writethru Tuesday following 8:35 AM post: Disney has just confirmed what we saw earlier: Marvel’s Black Panther is the second-biggest 4-day opener of all-time at the domestic B.O. with $242.1M, after Force Awakens ($288M) and beating Star Wars: Last Jedi ($241.6M). Monday also marked an all-time record with $40.151M, beating Force Awakens‘ $40.11M (Dec. 21, 2015). Black Panther also posted the second best Sunday ever at the domestic B.O. with $60.06M behind Forces Aw… Read

Film

National CineMedia Launches Augmented Reality Gaming In Movie Theaters

In-theater advertising company National CineMedia has launched Noovie ARcade, a smartphone app that offers moviegoers an augmented reality experience. The app accompanies NCM’s Noovie pre-show and lobby entertainment network, which launched last fall. Noovie ARcade is available in the iOS and Android app stores and NCM expects to roll it out nationwide this spring on more than 20,600 screens in 1,700 theaters nationwide. Top exhibitors involved in the launch include AMC… Read

Box Office

‘Black Panther’ Blasts Off With $169M Overseas; $371M WW Weekend – International Box Office

UPDATED, Monday writethru: The King of Wakanda is king at the international box office, with a stunning $168.7 million in 48 markets through Sunday. That puts Disney/Marvel’s Black Panther at a global debut of $370.5M, with the actuals on domestic coming in higher. Including Monday's domestic estimate, the worldwide cume rises above $400M. The numbers are "insane" is the refrain we heard all weekend as the movie shattered expectations. Most ahead of the opening were… Read

Box Office

Saudi Arabia: Kuwait National Cinema Co & Front Row’s Cinescape To Launch Multiplexes

The Kuwait National Cinema Company and leading Middle East distributor Front Row Filmed Entertainment's exhibition arm, Cinescape Cinemas, are in final negotiations to launch a first phase of multiplexes in Saudi Arabia by the 4th quarter of this year. The plans come as the kingdom has lifted a decades-long ban on public movie houses, and as players vie for rights to expand into the potentially lucrative market. KNCC and Cinescape are eyeing 27 screens across strategic… Read

Film

Vue International To Open 30 Multiplexes In Saudi Arabia After Striking Deal With Abdulmohsin Al Hokair Holding

Jeddah Comic Con 2017

Leading exhibitor Vue International is to open 30 cinemas in Saudi Arabia after striking a landmark deal with real estate group Abdulmohsin Al Hokair Holding. The move by Vue comes after Saudi recently lifted a decades-long ban on public moviehouses. Deadline first revealed Vue’s interest in the market in November. Vue will work with Abdulmohsin Al Hokair, which operates a number of shopping malls and hotel resorts in the country. It would dramatically increase the number… Read

Box Office

‘Fifty Shades Freed’ Builds E.L. James Trilogy To $1 Billion Climax; ‘Peter Rabbit’ Bounces To $25M Opening – Sunday AM

Update Sunday AM: Universal is reporting $38.6M for its BDSM romance Fifty Shades Freed this morning which is lower than what many were seeing yesterday at $40M, but toward the top of where earlier week tracking pegged it. Still the bigger scream for Fifty Shades Freed is overseas where the pic has tied up $98.1M for the weekend, $136.9M worldwide, escalating the whole Fifty Shades trilogy to $1.08 billion which is what Deadline predicted heading into the weekend. Similar… Read

Box Office

‘Fifty Shades Freed’ Flirting With $100M Offshore Bow; Trilogy Tops $1B WW

SATURDAY UPDATE: Universal’s climactic third entry in the Fifty Shades Of Grey trilogy is making eyes at a $100M international box office start through Sunday. That’s higher than pre-weekend estimates which put the James Foley-directed Fifty Shades Freed in the $80M-$90M range — precious few saw a potential cherry on top. A $100M debut would set Freed coming in about 5% off of last year’s Fifty Shades Darker at current exchange rates. Through Friday, there’s $50.7M in Mr… Read

Box Office

‘Fifty Shades Freed’ Worldwide Opening Weekend Will Steam Franchise Past $1 Billion – B.O. Preview

Fifty Shades Freed

Fifty Shades Freed, the last title in the E.L. James BDSM romance trilogy revolving around business magnate Christian Grey and young Anastasia Steele, will have something to scream about at the box office this weekend. The threequel’s estimated global opening of $113 million-$130 million will propel the franchise past the $1 billion mark, no small feat for a trio of films that have a combined production cost of about $150M — and were never released in China. It’s also… Read