Exhibition

Lockdowns Threaten Cinema Survival

Production and distribution disruptions caused by governmental lockdowns have accelerated many transformations that were well underway in production, distribution, and viewership trends.

Exhibition

Regal Shutters All 663 Theaters

British exhibitor Cineworld, the parent company of Regal Cinemas in the US, said on Monday that it would shutter all 663 of its theaters in the US and the UK starting October 8th.

Exhibition

Coming Soon to a Living Room Near You

Day-and-date and other alternative film releasing models have been around for over a decade. Still, most major studios have avoided a strategy that skips the theater altogether, that is, until now.

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The Reemergence of the Studio Cartel System

A Federal Judge ended the Paramount decrees that ceased Hollywood’s monopoly on producing, distributing, and exhibiting films citing the move would “serve the public interest in free and unfettered competition.”

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Cineworld Nears Bankruptcy

As the coronavirus threatens to close movie theaters in the US and beyond, Cineworld has warned that there is “significant doubt about the group’s ability to continue as a going concern.”

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Cinema Consolidation

British film exhibitor Cineworld is now the largest theater chain in North America after buying out Canada’s Cineplex for $2.1 billion, which was a whopping 42% premium.

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Hollywood Set to Own Theaters Again

The Department of Justice in the United States is preparing to allow Hollywood studios to own film theaters once again. This decision would reverse 70 years of anti-trust law that was implemented in 1948, which is known as the Paramount decrees.

Exhibition

Netflix at the Movies

After a decade of primarily focusing on episodic content, Netflix wants to break the theatrical glass ceiling, especially since they are funding more original films.

Hollywood vs. Netflix
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Netflix Takes Hollywood

Netflix solidified its position in Hollywood by recently taking the empty seat at the Motion Picture Association of America vacated when Disney acquired Fox.