Latest Exhibition News

Business

Netflix Looks At ‘Beasts Of No Nation’ As An Experiment

beasts of no nation movie

You may think that Netflix is taking a big chance with its just-made deal for global rights to Beasts Of No Nation, the new film by True Detective’s Cary Fukunaga about the experiences of a child soldier fighting in a civil war in an African country. But the streaming company seems relaxed, even though many theater chains won’t present the release.   After making deals with Adam Sandler and Pee-wee Herman, the gritty drama — said to have been licensed for about $12… Read

Business

Regal Adds MovieTickets.com For Online Ticket Sales In Non-Exclusive Deal

movietickets logo

Regal is the biggest, but also just the latest, exhibition chain to opt to use multiple online ticket sales services. And MovieTickets.com says that the deal means it has passed Comcast’s Fandango to become the No. 1 advance sales movie ticket company:  MovieTickets says it has 28,000 screens “worldwide” — although Fandango claims more than 25,000 screens in the U.S. Regal will continue to use Fandango, and — by the end of this month — add MovieTickets at its 572 theaters… Read

Business

Movie Superheroes Will Pummel One Another’s Ticket Sales – Analyst

Superheroes

Superhero movies saved the day for several studios during the past few years. But the films might lose their punch as Hollywood prepares to pummel multiplexes with big-budget films featuring characters who defy the laws of physics, Cowen and Co’s Doug Creutz says today in his annual take on profitability prospects for Hollywood. There is “cause for increasing concern that the major studios are all moving towards increasingly indistinguishable strategies, as they all put… Read

Film

Oscar Nominee ‘Wild Tales’ Hits Specialty Theaters Just Ahead Of The Big Show

Wild Tales Cannes selection image

Argentina’s Foreign-Language nominee Wild Tales won’t be getting an in-theater bump for its Oscar run, with the Academy Awards arriving this weekend just behind the U.S. debut of the film by Damián Szifrónis. Other than Wild Tales, however, Oscar weekend is light on new and notable specialty titles as the seemingly endless awards season grinds to a merciful end. There are a couple of options: Screen Media is opening All The Wilderness with Kodi Smit-McPhee, Virginia… Read

Business

Encouraged By Coming Attractions, Wall Street Lines Up For Movie Theater Stocks

2014 Box Office: Admissions Lowest Since 1995

Investors are mixing exhibition stock picks with their Oscar picks today: Share prices for Regal, AMC Entertainment, Cinemark, IMAX, and RealD touched 52-week highs following several better-than-expected earnings reports for Q4, and surprisingly strong sales in Q1 for films including American Sniper, Fifty Shades Of Grey, and SpongeBob Movie 2. “Given this year’s promising slate and already stronger than expected 1Q box office, we believe that this past quarter’s strong… Read

Awards

Oscar-Nominated ‘American Sniper’ Almost Didn’t Make Awards Season: Kevin Tsujihara

Kevin Tsujihara at Code Media Conference

American Sniper, a six-time Oscar nominee, almost didn’t make awards season, said Warner Bros. studio chief Kevin Tsujihara at the Code/Media conference today in Dana Point, Calif. Tsujihara, quoted on the conference’s live blog, said the film had been greenlit two years ago. It was directed by Clint Eastwood and stars Bradley Cooper in a sobering true story about a military sniper grappling with inner demons over his combat experiences. Despite the Oscar pedigree of both… Read

Business

AMC’s Gerry Lopez On The Death Of The Tuesday Night Discount And Why Moviegoers Prefer Value To Low Prices

AMC Entertainment CEO Gerry Lopez Rings Opening Bell at the New York Stock Exchange

The exhibition industry was "looking aggressively” at the idea of implementing Tuesday night discounts National Association of Theater Owners chief John Fithian said at the group’s CinemaCon confab last year. But no more. The idea is on indefinite hold. “I haven’t heard anything about it in months,” says AMC Entertainment CEO Gerry Lopez. “Some of the studios didn’t take kindly” to the initiative which Fithian said had helped to fill seats on the slow night in Latin… Read

Box Office

‘Fifty Shades’ Dominates; ‘Kingsman’ Sees Action; ‘Mockingjay’ At $751M+ Global – Tuesday Update

kingsman

3RD UPDATE, TUESDAY, 4PM: Fifty Shades of Grey is now counting an overseas bow of $173.6M through Monday.  Updates for Universal, Warner Bros., Lionsgate  and Fox have been made below. 2ND UPDATE, MONDAY, 10:45 AM PT: Universal’s Fifty Shades Of Grey is coming in slightly lower with an international bow of $156M (for Wednesday through Sunday). However, that’s still a February record. The film ranks as Universal’s second-biggest foreign bow behind Fast & Furious 6 which… Read

breakingBox Office

‘Fifty Shades’ Hits $93M Over Four-Days; Final B.O. Actuals – Tuesday Update

Fifty-Shades-Of-Grey

UPDATE, TUESDAY: Rentrak has reported box office actuals for Presidents Day weekend of February 13-16 with Universal Focus FeaturesFifty Shades Of Grey coming in a hair higher with a 3-day of $85.17M, and a slightly lower four-day of $93M. Among R-rated 3-day openings, Fifty Shades owns the fourth best of all-time, with 2003’s Matrix Reloaded still tops with $91.77M, and as mentioned previously, the feature adaptation of E.L. James bestselling novel is the top opening… Read

Business

AMC Theater Upgrades Pay Off As Company Beats Q4 Earnings Expectations

AMC Entertainment CEO Gerry Lopez Rings Opening Bell at the New York Stock Exchange

Following its daring investments in plush seating and concession upgrades, AMC Entertainment may end up being one of the few exhibition companies that doesn’t have to explain away its Q4 performance. Despite the soft box office that contributed to a 4.3% drop in attendance, the No. 2 theater chain easily beat Wall Street’s profit expectations. The numbers are a little funky due to a $265.6 million tax benefit recorded in 2013. With that included, net income falls to $29.8… Read

Box Office

‘What We Do In The Shadows’ Steps Into Spotlight With 2015’s Best Per-Screen Debut

what we do in the shadows trailer

Frigid, snowy Northeast weather and commercial juggernaut Fifty Shades Of Grey didn’t completely undercut the specialty box office this weekend, as some newcomers grossed respectable numbers. The indie films brave enough to bow included vampire satire What We Do In The Shadows, debuting in two theaters for Unison Films in association with Paladin, and grabbing the best per-screen average for a debut so far in this young year. Jemaine Clement (Flight of the Conchords) and… Read

Film

App Helps Disney’s ‘McFarland, USA’ Translate For Spanish-Speaking Moviegoers

McFarland USA Featured Image

Walt Disney Studios has unveiled a new collaboration with myLINGO, a smartphone app that will allow Spanish-speaking audiences to experience McFarland, USA in their native language. The film, which opens February 20, stars Kevin Costner as the coach of a track team at a predominantly Latino high school. The myLINGO dubbing system uses the microphones on moviegoers' smartphones or other devices to connect to the movie once it has begun. The app then matches the unique… Read