Cowen analyst Doug Kreutz downgraded Walt Disney shares Thursday, reduced earnings estimate and cut its price target on the stock anticipating a more prolonged impact on parks and resorts as the spread of COVID-19 accelerates in the U.S. Walt Disney World reopened at limited capacity last weekend amid the surge. Kreutz said he think there’s
Film
With this global pandemic cratering most plans for theatrical releases this summer it seemed, for a while at least, that the movie business was out of business. Release schedules were jettisoned, movies pushed back, and for a scary bit of time, especially in the first weeks of the global lockdown, there seemed to be a
Yeon Sang-ho’s Peninsula, the follow-up to his 2016 zombie smash, Train To Busan, made a meal of the international box office this weekend, in Korea and four other markets. The thriller sequel (aka Train To Busan Presents: Peninsula) already logged the biggest opening day score of the year in its home market on Wednesday and
The Parent Trap has an unabashed fan based that reaches all the way back to its 1998 release date from Disney. It was a breakout role for Lindsay Lohan, who convincingly played Twins in the remake, acting opposite star Dennis Quad. Now, the two actors are joining with other cast members for a reunion this
Peninsula, Yeon Sang-ho’s follow-up to his 2016 zombie smash, Train To Busan, is off to a thrilling start at the international box office where it kicked off in three markets beginning yesterday. In the home hub of Korea, Peninsula (aka Train To Busan Presents: Peninsula) had a Wednesday take of $2.4M on 2,338 screens to
The threat of infection still looms large over the world, even as people are forced to get back out in the open to attend to their jobs and other activities that require being in close proximity with other people. Actor Jack Black has issued a PSA via his Instagram page imploring fans to wear a
Vaclav Marhoul’s adaptation of Jerzy Kosinsky’s novel The Painted Bird has been on quite a journey. The film took more than a decade to be made and it premiered at the 2019 Venice Film Festival where it was honored with the Cinema for UNICEF Award before debuting at the Toronto International Film Festival. The pic was
The Tom and Jerry movie logo gives us our first look at the beloved characters in 2020. Fans of the animated duo have been waiting a long time to see a return to the big screen. They were last seen in 1992’s Tom & Jerry: The Movie, which wasn’t received so well, due to the
EXCLUSIVE: Wasting no time as cinemas prepare to reopen beginning next week in most of China, a first batch of titles due for release has been identified. Universal’s Dolittle has been granted a July 24 date while we understand that Sony’s Bloodshot, handled locally by Bona Film, will also go out that same day. This
Sorry, Marvel fans but the wait just got a little longer for The Falcon and the Winter Soldier. This is set to be the first live-action Marvel series produced for Disney+, which will begin a new era of sorts for the Marvel Cinematic Universe. These shows will be heavily connected to the movies, with both
UPDATED, July 17: Lionsgate said Friday that Roadside Attractions’ romantic drama The Secret: Dare To Dream, starring Katie Holmes and Josh Lucas, will be released on Premium Video on Demand on July 31. In March, the pic based on based on Rhonda Byrne’s 2006 global bestselling self-help book, had to postpone its April 17 theatrical
If money’s not an object and you’ve got space in your garage for three classic movie cars, then this upcoming auction might pique your interest. After Ryan Sheridan of Ohio pleaded guilty to fraud-related charges involving his business, he lost all of his prized vehicles by forfeiture to the feds. This includes reproduction vehicles of
The Los Angeles production of Lin-Manuel Miranda’s Hamilton won’t be arriving at the Hollywood Pantages Theatre until next April, more than a year after its originally scheduled premiere. After repeated postponements due to the COVID-19 shutdown, producers have officially scotched the latest start-up target of September, canceling all performances currently on sale between September 8,
While the plan remains, for theaters to open their doors again by the end of the month, as we’ve seen this year, things can change. At the very least, movie lovers have a couple of weeks before they can truly think about heading to a theater. But fear not, as there are plenty of new
In the wake of the China Film Administration announcing yesterday the reopening of cinemas on July 20, there’s been several questions as to what China is determining to be a low or high risk COVID-19 area. We heard from a number of industry sources today that the majority of the country’s exhibitors can reopen except
Movie theaters are currently on track to reopen before the end of the month in the U.S. following a months-long closure. But not so fast. Industry analyst Doug Creutz of financial services company Cowen now believes that theaters will remain closed domestically until mid-2021. Should this prove true, it would serve as a detrimental blow
BREAKING: Those theaters in low risk areas in China “can resume business in an orderly manner” as early as Monday, July 20, the China Film Administration announced in a recent notice. There were rumblings in foreign distribution that China would start reopening on this date, however, sources weren’t so sure whether that meant simply that
Ben Affleck appeared to have hung up the cape and cowl after playing Bruce Wayne in just two crossover movies with no solo outings, but an interesting fan-made poster gives us a look at the “Batfleck” DCEU project we could have gotten. After debuting as Batman in Batman v Superman: Dawn of Justice and reprising