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AMC Entertainment has announced that it will be selling $500 million that they have in bonds in order to pay down debt.The theater chain, like many others, took a big hit during the pandemic, and the company took on high-interest debt.CEO Adam Aron had spoken about this last...
Hong Kong Disneyland has once again closed its doors due to coronavirus. This will mark the fourth time they have closed during the pandemic.In a statement, management said, "As required by the government and in line with preventive efforts taking place across Hong Kong...
Starz has decided to close its Santa Monica Office after a Covid outbreak. Several employees have tested positive.In a not sent to the staff, the company said, "We are therefore taking the following steps in accordance with our usual protocols: requesting that you work...
Good news, movie fans. CinemaCon will be back this year and all the major studios have committed to returning. With the number of vaccinations given out across the United States, this seemed like a good time to get the ball rolling again. There will also be numerous saf...
AMC has announced that as of Friday, 98% of their theatres in the U.S. will be open. AMC CEO and President Adam Aron said, "It was exactly one year ago that we closed all AMC locations in the United States." He added, "As we have done at all of...
CinemaCon has announced new dates for their upcoming event in 2021. CinemaCon 2021 will take place between August 23-26, 2021 at Caesar's Palace in Las Vegas. The event was originally scheduled for April 26-29."With all the travel, logistical, and capacity concerns...
Cinemark has announced that it has begun to take a "dynamic" approach to theatrical windows in regards to the COVID-19 pandemic and its effect on the theatre industry.According to Cinemark CEO Mark Zoradi, the company will now decide on releases on a film-by-film b...
Cinemark has reported on their second quarter and it's what's to be expected since the outbreak of COVID-19 has shut down many businesses around the country. The chain has reported a total of $9 million in revenue and a loss of $1.45 per share. These numbers are cert...
After the huge hit that the entertainment industry has taken during the pandemic, Hollywood is looking to get back into production. Studio heads are now starting to lay out their plans for reopening and Tyler Perry is just one of the studio heads that seem to be taking...
