Film

AMC Entertainment stock jumped over 15% at open in a down market Wednesday at open after execs outlined global opening plans at a conference call late yesterday afternoon. Share had popped by over 17% in premarket trade. It’s been a roller coaster – mostly down – for AMC shares since the coronavirus pandemic forced it
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BREAKING: In a surprising turn of events, longtime Universal President of International Distribution and 41-year industry veteran, Duncan Clark, is to step down from his position in August, transitioning to a consulting role with the studio. Replacing Clark is Veronika Kwan Vandenberg who spent 28 years at Warner Bros and was most recently President, International
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Universal and Blumhouse are taking their Kevin Bacon–Amanda Seyfried psychological thriller You Should Have Left straight into homes on Friday, June 19 for a North America PVOD release.  The pic was directed by Jurassic Park and Mission: Impossible scribe David Koepp which he adapted from the German novel by Daniel Kehlmann. Bacon and Seyfried star as a couple seeking
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Giant exhib AMC Entertainment said it expects to report ballooning losses of between $2.1 and $2.4 billion for the first quarter ended in March on one-time charges compared with losses of $130 million the year before. Announcing preliminary results Wednesday, it ancipated revenue of $941 million last quarter versus $1.2 billion the year earlier. The
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Cinemark CEO Mark Zoradi remained confident this morning on the exhibitor’s Q1 call that Warner Bros.’ Christopher Nolan movie Tenet will remain on track and open on its planned July 17 release date. While Solstice Studios’ Unhinged will be the first new wide release movie in those theaters that are open on July 1, Tenet with
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