CEO Adam Aron said a court ruling Friday that makes it harder for AMC Entertainment to raise cash has serious implications for the circuit’s financial stability — a blowout ‘Barbenheimer’ weekend at the box office and surging share price notwithstanding. “AMC must be in a position to raise equity capital. I repeat, to protect AMC’s
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One of the prime records Barbie is breaking this weekend is the best domestic start for a movie helmed by a female director with $155M. That figure beats that of 2019’s Captain Marvel which was co-helmed by Anna Boden and had a $153M start. Other big starts for movies helmed by a woman filmmaker include
Searchlight Pictures’ comedy Theater Camp held its own on a big weekend of box office coin flowing in from Barbie and Oppenheimer. Molly Gordon and Nick Lieberman’s Sundance-winner (U.S. Dramatic Special Jury Award for Ensemble) expanded to 10 markets/51 theaters, up from six locations in New York and LA opening weekend, taking in an estimated $266,000
While the Hollywood Studios and WGA and SAG-AFTRA are at a standstill in labor talks –streaming residuals being a big bone of contention– the theatrical side of the business exploded with Barbenheimer together grossing over $511M worldwide, $235.5M of that being domestic. Never before in the history of Hollywood movies have two films opened respectively
AMC Entertainment is dropping Sightline, a controversial variable pricing program for seating it announced earlier this year. The giant theater chain said today that after a pilot in three locations, it saw little or no increase in patronage of cheaper front row seating, despite a modest price reduction for the seats. The test did show
Florida detectives are searching for an attacker who beat a 63-year-old man who asked him to move from reserved seats into an adjacent space. The attack happened on July 10 at an AMC Theater at 2315 N. Federal Highway in Pompano Beach, Florida shortly before 10 PM. The movie the victim purchased tickets for was
EXCLUSIVE: In light of the current strikes, A24 is pausing the release of Julio Torres’ Problemista which was set to launch limited on Aug. 4. The new release date will be determined down the road. The studio is doing this to support filmmaker Torres, furthermore these awards-type indie movies need their stars, Tilda Swinton here,
Return To Dust, an arthouse hit in China last summer before being pulled from release, opens Stateside this weekend with Film Movement presenting on two screens – NYC’s BAM Rose Cinema and the Gene Siskel Film Center in Chicago, expanding to LA and Seattle next Friday. The distributor acquired the film directed by Li Ruijun
In a contorted legal case, a Delaware judge today struck down a settlement that would have helped AMC Entertainment move ahead with steps to raise cash and shore up its stock. “To cut to the chase, the settlement cannot be approved as submitted,” Judge Morgan Zurn of Delaware Chancery Court wrote in a 69-page opinion
EXCLUSIVE: The box office event of the year which has Warner Bros. mass female attraction, Barbie, and Universal’s Christopher Nolan directed, Oppenheimer, has officially fired off its confetti guns with the movies seeing respectively an estimated $20M and $9M+ from their previews. Again, these numbers could fluctuate by morning. Even if Barbie falls short of
Christopher Nolan’s highly-anticipated and highly-reviewed Oppenheimer has begun overseas rollout with strong results versus some of the director’s previous titles. On Wednesday, the Universal film opened in 10 offshore markets, grossing $2.4M and led by France and Indonesia. These are early days as the critically-lauded Cillian Murphy-led biographical drama/political thriller will be playing a total
“You’re being managed on Barbie” was a snarky text I received last night, “it’s at least $130M.” The point of that is the projections out there for the Greta Gerwig directed feature take of the Mattel doll are indeed wild. Rivals were spotting $90M-$125M; Warners asserting $75M. Today, to support the crazy fever of moviegoing
Alamo Drafthouse Cinema said CEO Shelli Taylor is retiring in August and named president Michael Kustermann as its new chief executive. The fast-growing dine-in chain, that’s been hugely successful luring post-pandemic moviegoers back to theaters, said its board of directors, including Taylor and executive chairman Tim League, selected Kustermann as Taylor steps down, effective August
On the edge of what is bound to be the domestic box office’s third $200M+ weekend thanks to Barbie and Oppenheimer, the motion picture industry’s fret is whether the great post-pandemic moviegoing rebound is about to screech to a halt due to the SAG-AFTRA strike and actors prohibited from promoting. Barbie and Oppenheimer are expected
At a time when the industry is suffering through historic dual strikes by the WGA and SAG-AFTRA, the motion picture industry is poised to see an enormous weekend at the box office with Warner Bros./Mattel’s long awaited toy feature adaptation Barbie and Christopher Nolan’s World War II era three-hour adult drama Oppenheimer reaping a combined
Talk about respecting a theatrical window: Disney has set a Disney+ global premiere date for Guardians of the Galaxy Vol. 3 of Aug. 2, that’s 90 days after the pic’s theatrical release of May 5. While Disney got a lot of slack during CEO Bob Chapek’s era for executing theatrical day-and-date releases on Disney+ during
Searchlight Pictures’ Sundance-winning original comedy Theater Camp will take in an estimated $281,172 or $46.9k per theater at six locations opening weekend — the best limited opening for the distributor since Jojo Rabbit in the fall of 2019 ($349k in five locations). That’s after the A CinemaScore film on Sunday pulled ahead of Searchlight’s The
What was it W. B. Yeats wrote, that line Joan Didion lifted and twisted in her essay “Slouching Towards Bethlehem,” about West Coast chaos in 1967? Things fall apart; the center cannot hold. That’s how it felt on Thursday, a few minutes before lunch with some seasoned film executive-friends at the Academy Museum (Salad Niçoise
SATURDAY PM UPDATE: Facts are facts, and Paramount/Skydance’s Mission: Impossible – Dead Reckoning Part One set a 5-day opening domestic record for the franchise with $80M, we hear. Previous best 5-day opening belonged to 2000’s Mission: Impossible II which cleared a Wednesday-Sunday take over Memorial Day weekend of $78.8M. The 3-day record still belongs to
Gkids has acquired North American rights to Hayao Miyazaki’s The Boy and the Heron, the Japanese maestro’s latest feature which Toho is releasing today in Japan as Kimitachi wa Do Ikiruka (How Do You Live?). The Boy and the Heron is now the official international title. This all-rights deal marks a continuation of Gkids’ long-standing
Paramount/Skydance’s Mission: Impossible – Dead Reckoning Part One is off and running overseas with a $39.8M cume through Thursday in 48 international box office markets. This includes Wednesday openings in some markets and a strong paid preview program. With domestic’s Wednesday/Thursday plus previews, that brings the global total on the Tom Cruise-starrer to $$63.6M through
Expressing solidarity with Hollywood actors on Day 1 of the SAG-AFTRA strike, specialty distributors polled were anxiously juggling opening weekend Q&As and movie premieres without talent. They were trying to clarify which actors on what international productions are SAG-AFTRA, bound by the guild, or neither. And, for those involved in production, trying to pin down
AMC Networks had made it official that Scott Shooman as been upped to Head of its Film Group which encompasses IFC Films, RLJE Films and the Shudder streaming service. Shooman has been serving as the interim head in the wake of the shocking exit of IFC Films President Arianna Bocco back in March. Shooman
Box office for most Broadway shows last week wilted a bit as June’s Tony glow gave way to plain old New York summer heat, though a couple newcomers were among the handful bucking the downward trend, one very impressively so. In its second week of previews, Back To The Future: The Musical grossed a whopping
EXCLUSIVE: Paramount/Skydance’s Mission: Impossible: Dead Reckoning – Part One is looking at $6M-$7M in previews so far, which is bound to be higher than the Thursday previews of the last Mission Impossible – Fallout back in 2018 which did $6M. This is according to sources. The figures we’re seeing now could go higher or lower.
Sony/Stage 6 Films/Blumhouse’s Insidious: The Red Door may have stolen No. 1 away from Indiana Jones and the Dial of Destiny at the weekend box office, but Angel Studios’ indie wonder Sound of Freedom won Monday with an estimated $4 million. All of this before Paramount/Skydance’s Mission Impossible – Dead Reckoning Part One takes all
Can Tom Cruise save summer? Despite the onslaught of shiny product that hasn’t delivered, i.e. Flash and Indiana Jones and the Dial of Destiny, the summer domestic box office at $2.1 billion per Comscore is pacing 6% behind last year’s for the period of May 1 to July 9. All eyes are on the best
Refresh for latest…: Busy weekend at the international box office with a strong scary new entry, some unexpected spark in holds and a milestone for a long-running franchise. Out of the gate this frame, Sony/Screen Gems/Stage 6 Films/Blumhouse’s Insidious: The Red Door knocked out the biggest overseas horror debut since 2019. With $31.4M from 52
When it comes to horror movies at the box office, Sony resurrected its track record this past weekend with the opening of Blumhouse/Stage 6 Films’ fifthquel, Insidious: The Red Door which had a $32.65M domestic opening, $64M Worldwide debut. On the domestic front, that’s the second best horror opening for Sony after 2004’s The Grudge
Sony Pictures has set a Feb. 9, 2024 theatrical release for the Wayfarer Studios’ Colleen Hoover’s It Ends With Us. Pic starring Blake Lively and directed by Justin Baldoni is a feature take on Hoover’s best-selling novel. Logline: Though coming from a complicated past, Lily Bloom (Lively) has always known the life she wants. While
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