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AMC stockholders today overwhelmingly approved a pair of provisions that would dramatically enhance the company’s ability raise fresh cash by issuing and selling shares and boost the price of the company’s shares in a ten-for-one-reverse stock split. The approval at a special meeting of shareholders help virtually would also trigger the immediate conversion of AMC
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A raft of Broadway’s recent arrivals led by Sweeney Todd: The Demon Barber of Fleet Street helped push the industry’s total box office last week to $28,638,821, up 13.8% from the previous week. Total attendance was up commensurately to 229,771. Sweeney Todd, starring Josh Groban and Annaleigh Ashford, contributed a whopping $1.8 million to the
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Refresh for latest…: Paramount/Spyglass Media’s Scream VI has slashed its way to a franchise-record opening at the global box office with $67.1M, topping Scream 3 for the best in the bunch of this long-running Kevin Williamson-created series. At the international box office, it also set a franchise-best start with $22.6M from 53 markets, a whopping
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Shout! Studios presents The Magic Flute by Florian Zigl, executive produced by Roland Emmerich, at 325 theaters with expansion likely. A reimagining of the Mozart opera, it follows a present-day teen sent from London to the Austrian Alps on singing scholarship at the legendary Mozart boarding school. There, he discovers a century old forgotten passageway
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Oscar-nomination afterglow for this year’s Best Picture contenders was largely felt more in the home than it was at the box office, with a majority of titles already available to be viewed on the couch except for 20th Century Studios/Disney’s 3D title Avatar: The Way of Water. Since noms were first announced on January 24
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EXCLUSIVE: A24 has mapped out three films for summer release: the Nicole Holofcener-Julia Louis Dreyfus reteam You Hurt My Feelings, the Celine Song directed/written title Past Lives and the distributor’s hot Sundance horror pick-up Talk to Me. You Hurt My Feelings, which played to great laughs at the Eccles Theater, will go wide nationwide over
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Paramount/Spyglass Media’s Scream VI is headed to a franchise-record opening of $50M+ worldwide from roughly 50 offshore territories including domestic. The most recent Scream pic opened to $48M WW, $30M from U.S./Canada last year. The highest opening for the Kevin Williamson-conceived horror series was Scream 3, which opened to $34.7M domestic in 2000. Scream VI,
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The revival of Sweeney Todd: The Demon Barber of Fleet Street, with Josh Groban and Annaleigh Ashford in previews at the Lunt-Fontanne, is firmly in Broadway’s $1 million club, with receipts for the week ending March 5 at a bloody good $1,526,254. And that’s just for six performances. The Stephen Sondheim-Hugh Wheeler musical filled every
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UPDATE, writethru: MGM’s Creed III is enjoying a knockout opening weekend, punching up $100.4M globally. Of that, $41.8M is from 75 international box office markets. Domestically, the Michael B Jordan-directed movie opened to a franchise record and the best debut ever for a sports title. Internationally, this is also the biggest opening for the franchise.
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The power of a wide theatrical release was realized this weekend by streamer Amazon in its pivot back to the big screen with MGM/United Artists Releasing’s Creed III. It easily minted the best opening ever for the Seattle-based parent, as well as for the Rocky franchise, with $58.6M domestic, $100.4M worldwide. While Amazon has snapped
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UPDATED, Friday PM: Amazon, as it re-embraces theatrical with its acquisition of MGM, will easily see the company’s biggest box office opening ever with Creed III, which is headed to a franchise record start of $45.5 million after a $20M Friday (including $5.45M in previews). Creed III‘s opening day alone is bigger than any previous
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The National Association of Theatre Owners on Thursday said it has appointed Michael P. O’Leary president and CEO of the association beginning May 1. He takes over for outgoing NATO boss John Fithian, who announced his retirement in October after working with the exhibitor trade org for three decades. “On behalf of NATO’s Executive Board
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Sony has just dated Jeymes Samuel’s biblical-times feature The Book of Clarence for September 22 this year. Inspired by classic Hollywood epics set in biblical times, Legendary’s The Book of Clarence tells the tale of Clarence (LaKeith Stanfield), a down-on-his-luck denizen of Jerusalem embarking on a misguided attempt to capitalize on the rise of celebrity and influence of
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Some recent Broadway arrivals added both star power and box office receipts to the weekly grosses reports, with both Sweeney Todd: The Demon Barber of Fleet Street and Parade selling out (the latter despite some loudmouthed neo-Nazi protesters), and A Doll’s House starring Jessica Chastain and Andrew Lloyd Webber’s Bad Cinderella coming close. The musical
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AMC Entertainment CEO Adam Aron said the new Sightline ticket pricing regime the chain’s trying out in three markets has the potential to expand the moviegoing market and prevent future price hikes. “We are in inflationary times, and inflationary times cause costs to rise,” he said. “Under the pre-Sightline structure of the industry, if we
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“‘Nobody likes to watch people getting eaten by lions.” Apparently this was the response by the late Sumner Redstone during his National Amusement exhibition days after he saw a screening of the 1981 Tom Skerritt lion movie, Savage Harvest, relayed to me by an exhibition source who overheard him. As funny as Redstone’s reaction was, it’s
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UPDATE, writethru: Coming out of its second weekend, Disney/Marvel’s Ant-Man and The Wasp: Quantumania has grossed $363.6M globally. Of that, $167.3M is from domestic and $196.3M from the international box office. The sophomore overseas frame was $46.4M in 52 markets with a slighter drop than in North America, coming in 57% behind last weekend’s bow
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The Quiet Girl, an Oscar contender for Best International Feature, opened to a robust $60k on six screens this weekend for a per-theater average of $10k. The film by Colm Bairead presented by SUPER LTD is based on the short story by Claire Keegan of a shy nine-year-old girl in rural Ireland. It led debuts
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Warner Bros/New Line/DC’s sequel Shazam! Fury of the Gods hit early tracking Thursday and surprised many with a low projection of $35 million, which is under the first installment’s $53.5M opening in 2019. Realize it’s still early, and Warner Bros hasn’t fully fire-breathed its marketing campaign yet. The odd thing is that tracking was comping
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