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By sperling

Cineworld

How Cineworld Hopes to Restructure and Exit Bankruptcy

This past week Cineworld announced it had reached an agreement with existing lenders to emerge from Chapter 11 bankruptcy by the middle of this year while providing the company with significant operating capital to execute future business. The world’s second largest movie theatre operator made…
Cosmax

UK Cinema Association Dives Deep Into Sustainability

When it was announced a year ago that the 2023 UK Cinema Association’s annual conference would focus on sustainability there must have been some subtly raised British eyebrows. Cinemas had only just re-opened in the United Kingdom, but “Top Gun Maverick” and “Avatar: the Way…
Korean Cinemas Evolve

What Singapore Can Teach the World About Cinema’s Future

Earlier this month I spent two weeks in Singapore – and glimpsed the future of cinema, though it is probably not what you think it might be. The city/island/state was my home for five years, so it was a welcome opportunity to reconnect with friends and colleagues that I had not seen since befo…
AMC Reverse Stock Split

‘Puss In Boots’ Gets More Than Nine Lives in Movie Theatres

At least year’s ShowEast in Miami, when Universal Pictures screened DreamWorks Animation’s “Puss In Boots: The Last Wish” the auditorium at the Regal South Beach was mostly full, though there a good number of delegates who rolled their eyes and decided to stick around the Loe…
The Cinema Foundation today released its inaugural State of the Cinema Industry report and the findings are promising for the industry.

A Writers Strike May Stall Theatrical Releases

As exhibitors all over the world tune into the Oscars this weekend, still giddy from counting all that “Avatar: The Way of Water” box office, they may not be aware of a threat to their business lurking on the horizon. It is not a problem having to do with theatrical windows or the now mo…
Michael P. O’Leary - President and CEO, National Association of Theatre Owners (NATO)

A Few Thoughts About NATO’s New Leadership

This past week the cinema industry witnessed something it hasn’t seen in almost a quarter of a century; the National Association of Theatre Owners named a new president and chief executive officer. When it was announced in October 2022 that the trade organization’s current President and…
2023 Sundance Film Festival Acquisitions

The Deal With Sundance 2023 Acquisitions

Each year the annual film sales and acquisitions cycle is kicked off in January by the Sundance Film Festival in Park City, Utah, followed swiftly by the Berlin Film Festival (Berlinale) and its accompanying European Film Market in February. Sundance itself has long been used as a barometer for the…
A Screening of Avatar in A Russian Cinema

Cinema Remains Impacted By Russia’s War on Ukraine One Year On

It’s been a year since Russia’s large-scale invasion of Ukraine began. Today the war grinds on as Ukraine continues to bravely defend itself, while Russia shows no sign of abandoning its ambitions of subjugating its democratic neighbour. For those of us more used to seeing the horrors of…
Cineworld Proposes Bankruptcy Schedule

Cineworld Proposes Schedule For Exiting Bankruptcy Through Reorganization or Sale

Cineworld’s legal team gave the United States Bankruptcy Court for the Southern District of Texas a status update for its Chapter 11 case on Tuesday, 21 February. In the process, the exhibitor provided Judge Marvin Isgur with a proposed schedule that would see the company either sold or exitin…

European Box Office and Admissions Recover In 2022

For those of us in the cinema industry this past week illustrated that old Aesop’s Fables idiom; “Be careful what you wish for, lest it come true!” Three years ago exhibitors were grappling with whether they needed to close their movie theatres due to a global pandemic. A year late…
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