Latest in Exhibition

Shares in major exhibitor Cinemark, along with most movie theater stocks, are rising today as Wall Street salutes another milestone release window agreement. Universal and Cinemark announced a windows deal late Monday that shares a lot of traits with AMC’s breakthrough pact with the same studio earlier this year. It…

Cinemark CEO Mark Zoradi said Thursday that the major exhibitor has started taking a “dynamic” approach to theatrical windows, negotiating release terms on a film-by-film basis in a concession to COVID-19. Upcoming Universal releases like The Croods 2, Let Him Go and Freaky, for example, will play in Cinemark…

AMC Entertainment plans to sell 20 million of its Class A shares, netting $47.7 million, as it contends with ongoing shutdowns of many of its movie theaters and a withdrawal of studio films from the 2020 release calendar. COVID-19 hampered the release of Tenet in August and aside from less-expensive, targeted titles…

Movie theater stocks slid further on Friday as Wall Street analysts lowered their outlook due to COVID-19 and AMC’s CEO called on New York Gov. Andrew Cuomo to open theaters in New York. Shares in AMC, Cinemark, National CineMedia and Reading International all slid between 1% and 3% on a day when stocks overall posted…

Days after the entertainment industry joined cinemas in asking Congress to rescue exhibition, ratings agency S&P downgraded debt of the world's biggest chain, AMC Entertainment, calculating it has six month of cash left unless things materially improve. The stock mostly shrugged off the news, down 0.4% to $4.63. But…

Watching Wayne Wang's Coming Home Again, set for a virtual release (online, but through individual theaters) by Outsider Pictures on Oct. 23, delivered a jolt. Like getting nicked by a live wire. The picture is so small–shot in just over three weeks on a micro-budget. So personal: The story is about a young…

As Deadline's Tom Tapp reported last week, Los Angeles County isn't quite ready to join other parts of California and the nation at large in allowing movie theaters to reopen, even with restrictions. So the coronavirus-beset movie capital remains closed to indoor movies. Which isn't entirely bad. It buys some time, at…

While COVID has shut down many U.S. theaters, it's been great for one category of exhibition. Over the past two weekends, some of the top-grossing theaters in the country have been drive-ins. Specifically, The Paramount and The Van Buren in Southern California have packed them in for The New Mutants and…

Last week, California Gov. Gavin Newsom said he would release modified reopening guidelines for counties in the state of California. On Friday, he made good on that promise, revealing a new framework with four tiers with colors attached to them to indicate severity. The governor described the new framework as "simple…

National CineMedia isn't a movie chain but it's the nation's largest cinema advertising network and it saw revenue plunge by more than 96% last quarter as theaters were shuttered for the entire period, a steep dip that's likely to be repeated as exhibitors report earnings starting tomorrow with Cinemark and Marcus. AMC…

AMC Entertainment announced Monday it's officially concluded a complex, and controversial, restructuring of approximately $2.6 billion of its debt that included an exchange and fresh capital raise. The news came as iyd new distribution deal with Universal Pictures continues to roil the industry. Holders of more than…

Tuesday’s milestone windows agreement between No. 1 exhibitor AMC and Universal Pictures is a near-term positive for the theatrical film business but a potential headache for exhibitors down the road. That’s the general takeaway from several Wall Street analysts who sized up the deal, which allows Universal releases…