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Moviegoing kicked off again in the UK and France this week, with the former reopening cinemas on Monday and the latter on Wednesday. And so far, signs are very positive after roughly seven months of darkened screens in each market. Advance sales are strong and exhibitors in both are encouraged at the early results. In…

There's excitement in the air — and a whole lot of movies lined up — across the UK and France as cinemas are set to reopen in both markets this week after roughly seven months of darkened screens. Below we take a look at how the situation is shaping up in these majors. In the UK, England/Scotland/Wales will be back up…

EXCLUSIVE: Cineworld has concluded a deal with Disney to show the studio's movies at its Regal chain in the U.S. and its cinemas in the UK, Deadline has learned. This now means the world's No. 2 exhibitor has new agreements in place with three of the major studios: Disney, Warner Bros and Universal, the latter as we…

EXCLUSIVE: Following on from its agreement with Warner Bros, Cineworld has reached a deal with Universal on theatrical windows going forward. We have confirmed that the No. 2 global exhibition circuit and Uni have set terms for both the U.S. and UK which mirror some other recent industry deals. At Regal in the U.S.…

Cineworld CEO Mooky Greidinger said today that the No. 2 global exhibitor is "actively negotiating terms and structures of evolving theatrical windows with our studio partners." He made the comment on an earnings call after Cineworld reported 2020 results which included its first-ever annual operating loss ($2.26B) as…

UPDATE, writethru with more detail: Cineworld Group today reported a $2.258B operating loss for the year ended December 31, 2020. This is the company’s first-ever annual profit loss and includes asset impairments of $1.34B as the exhibition industry has been severely impacted by the Covid pandemic. The figure compares…

It is ironic that on the same day Warner Bros throws in the towel on its day-and-date HBO Max theatrical release plan (for 2022) that Disney would take one of its most highly anticipated Marvel movies, Black Widow, and move it to a day-and-date theatrical Disney+ PVOD plan after the muted performances of Mulan…

EXCLUSIVE: Cineworld has set plans to reopen its Regal cinemas in the U.S. for the first time in six months. The phased process will start with a limited number of cinemas opening for WB/Legendary's Godzilla Vs Kong on April 2 (note the movie opens on March 31). Regal locations will open more widely on April 16, in…

More than 70% of embattled cinema giant Cineworld's shareholders have voted in favor of an incentivized bonus scheme worth up to $284M that drew fire last week for being "excessive" in the current climate. As part of the scheme, CEO Mooky Greidinger and his brother Israel, deputy CEO, could receive up to $89M of that…

Movie theater stocks were mixed Friday as the industry absorbed shock waves from Warner Bros.' window-smashing announcement the day before when the cinema group collectively plunged by double digits. The smaller, publicly-traded U.S. chains have lower debt and are in better financial shape. Third- and fourth-ranked…

Stocks in U.S. movie theater circuits AMC and Cinemark staged rallies today after more positive COVID-19 vaccine news as well as a new financial lifeline for Cineworld. The UK-based Cineworld, parent of Regal Cinemas, said it secured a $450 million credit facility and an overall infusion of $750 million. On the…

In a major sign of confidence in the future of theatrical moviegoing, Cineworld Group, the world's second largest exhibitor and owner of Regal in the U.S., has secured significant additional liquidity that will help ensure its future despite ongoing challenges created by the COVID-19 pandemic. This includes a new debt…