Latest in Movie Theaters

Netflix Co-CEO Ted Sarandos said the company will likely spend roughly $17 billion on content in 2024, steady with 2023 levels. The level of spending, which had shocked the rest of the entertainment industry as it grew sharply during Netflix’s rise, has flattened as the company has reassessed its…

Two-thirds of moviegoers are not concerned about the length of a film’s release window when they visit a theater, and theatrical titles still enjoy a vast advantage in terms of awareness over original movies made for streaming. Those are two of the many findings in The Symbiotic Future of Theatrical…

Marcus Corporation CEO Greg Marcus says he’s encouraged by the recent diversity and consistency of theatrical films and is “not ready to throw in the towel yet” on the notion of box office returning to pre-pandemic levels. Along with one of the top national movie theater circuits, the company also…

Amazon's upcoming wide release of Ben Affleck and Matt Damon's Nike movie Air exclusively in theaters in April "could represent the start of a substantive move into theatrical exhibition by streaming companies," said Sean Gamble, chief executive of nation's third-largest movie chain. Amazon last…

AMC Entertainment said it held talks with lenders about potentially acquiring theaters from the portfolio of bankrupt rival Cineworld, which owns Regal Cinemas. In an SEC filing, the exhibitor said the negotiations were related to the Chapter 11 bankruptcy process unfolding with UK-based Cineworld…

Alamo Drafthouse Crystal City, the chain's newest location and its fourth in the Washington, DC metro area, will open October 24 as the exhibitor continues to roll out sites. This latest entrant is a 49,000-square-foot, 915-seat, aviation-themed theater at 1660 Crystal Drive in Arlington, Va.…

EXCLUSIVE: Major movie theater circuit Cinemark has reached a deal with CJ 4DPlex to outfit select auditoriums with the ScreenX premium exhibition format. The companies expect six sites in California and Texas to be equipped with the immersive theater technology by the end of 2022, with additional locations to be…

In a conversation with Alec Baldwin livestreamed on Instagram, Woody Allen said he plans to direct “one or two more” films, but also said “the thrill is gone” because of the decline of the theatrical experience. Without revealing details about the project, the 86-year-old filmmaker said he will direct a film that will…

Cinemark CEO Sean Gamble says a relative shortfall of new films likely will be the biggest headwind his company faces this year. "Many switched into 2023" for Covid reasons, Gamble explained during the company’s first quarter earnings call, and there is also a larger reconsideration of the theatrical window as major…

National CineMedia told advertisers today that it can help them reach “the unreachables,” aka 18-to-34-year-olds who are drawn more to movies than to linear TV. In an upfront presentation held for an unmasked, in-person crowd at New York’s Lincoln Center, the company announced the launch of a new data platform, NCMx…

Sean Gamble, CEO of No. 3 exhibitor Cinemark, envisions more than just superhero fare saving the day for the theater business as it emerges from the darkest days of Covid. “I could see more quantity of films released over time, rather than less” because of the dramatic changes in the sector, Gamble said Tuesday at the…

New York City has rolled back its strictest anti-Covid measures, including vaccine mandates for indoor spaces. Also, public school children from kindergarten through 12th grade no longer will be required to wear masks on school grounds, city officials said today. Mayor Eric Adams announced the changes, which take…