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AMC Acquires Two Los Angeles Cinemas

Tue, 07/20/2021 - 10:19 -- Nick Dager

AMC Entertainment Holdings has reached an agreement with Caruso to add under long term lease two Los Angeles area locations: The Grove Theatre, a 14-screen theatre located in Los Angeles and The Americana at Brand Theatre, an 18-screen theatre located in Glendale. AMC is expected to reopen the theatres in August.

Ivar Halstvedt to Receive UNIC Achievement Award

Tue, 07/20/2021 - 10:09 -- Nick Dager

Ivar Halstvedt, director of cinema at Kulturmeglerne and former country manager, Norway, at Nordic Cinema Group and Odeon Cinemas Group, has been named as the 2021 recipient of the Union Internationale des Cinémas/International Union of Cinemas Achievement Award, given each year in recognition of outstanding dedication and service to European cinema exhibition. The award will be presented as part of the CineEurope Awards Ceremony on October 7 at the Centre de Convencions Internacional de Barcelona in Barcelona, Spain.

NATO Defends Exclusive Theatrical Releases

Mon, 07/19/2021 - 09:54 -- Nick Dager

In a strongly worded statement, the National Association of Theatre Owners defended the practice of exclusive theatrical release windows for exhibitors and used Disney’s latest movie, Black Widow, as its prime example. Here is NATO’s statement in full: “Black Widow’s excellent reviews, positive word of mouth, and strong previews and opening day total ($13.2 million/$39.5 million) led to a surprising 41 percent second day drop, a weaker than expected opening weekend, and a stunning second weekend collapse in theatrical revenues. Why did such a well-made, well-received, highly anticipated movie underperform? Despite assertions that this pandemic-era improvised release strategy was a success for Disney and the simultaneous release model, it demonstrates that an exclusive theatrical release means more revenue for all stakeholders in every cycle of the movie’s life.

Fathom Events to Present Laika’s Coraline, ParaNorman

Mon, 07/19/2021 - 08:51 -- Nick Dager

Fan favorites Coraline and ParaNorman are coming back to theaters to celebrate the 15th anniversary of Laika Studios. The two titles will be presented in their entirety and will feature exclusive bonus content that reveals the unique creative process behind Laika’s extraordinary films. Fathom Events is presenting the films in conjunction with Laika, Shout Factory and Park Circus.

Documentary on Student Debt to Screen at July Film Festival

Mon, 07/19/2021 - 08:41 -- Nick Dager

Scared To Debt: Sallie Mae Not, chapter one of a feature documentary film by Michael Camoin, takes an investigative and historical look into public and private issued student loans and the debt crisis facing more than 45 million American borrowers today. Sallie Mae Not premieres virtually on July 26 at 1:00 pm on Film Festival Flix Livestream presented by the Whistleblower Summit and Film Festival taking place July 23 through August 1.

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