AMC Entertainment is currently grappling with a significant financial challenge in the form of a $4.5 billion debt, with a large portion of it maturing in 2026. The company’s CEO, Adam Aron, recently addressed this issue during a post-earning conference call, revealing that AMC has been engaged in discussions with lenders for almost a year
Box Office
The Broadway scene in Spring 2024 saw an influx of new productions, with 18 debuting between mid-March and late April. However, the aftermath of this Broadway crunch is now showing early signs of the inevitable shake-out. One such example is the impending closure of the show Lempicka, with a few others already playing to houses
The journey to bring a live-action Barbie movie to the big screen was undoubtedly a long and winding road. With various studios and producers attached to the project over the years, including big names like Anne Hathaway and Amy Schumer, the path to realizing Barbie’s potential as a movie franchise was fraught with challenges. However,
The recent success of A24’s “I Saw The TV Glow” marks a significant turning point in the specialty market, providing a glimmer of hope after a lackluster April. Jane Schoenbrun’s ’90s era trans coming-of-age horror-thriller made an impressive debut, grossing $116.3k at four theaters in New York and LA. With a per screen average of
Universal’s recent release, “The Fall Guy,” starring Ryan Gosling and Emily Blunt, had a lackluster start at the box office, pulling in $3.15M from early showings and Wednesday advance screenings. The movie is projected to make around $35M-$40M over its opening weekend. This sluggish start can be attributed to delays in the production of feature
In the realm of blockbuster movies, the importance of a theatrical release cannot be overstated. Despite the rise of streaming platforms and the convenience they offer, studios have come to realize that there is nothing more profitable than a traditional theatrical release and the downstream revenue streams that follow. This realization has been especially prominent
In a time where studios were experimenting with different release strategies due to the Covid-19 pandemic, Universal took a gamble on Christopher Nolan’s World War II-set film, Oppenheimer. Despite initial skepticism about the movie’s potential, Universal decided to invest $100 million in the production. The decision to open Oppenheimer in theaters rather than opt for
In recent years, the landscape of movie distribution has undergone significant changes, especially with the rise of eventized movies such as concert films. With the onset of the Covid-19 pandemic, studios began to embrace the theatrical day-and-date model as cinemas closed. However, the realization that theatrical releases bring in more profits and downstream revenues became
The success of Five Nights at Freddy’s in the fall box office of 2023 was unexpected, to say the least. The horror film managed to rake in $80 million domestically and a staggering $131 million globally, making it a standout performer in a year filled with uncertainties. Despite initial projections and tracking services indicating a
Uberto Pasolini’s film Nowhere Special, starring James Norton, has captivated audiences with its emotional depth and honesty. Pasolini acknowledges that the heart of the film lies in the genuine bond portrayed between father and son. Norton’s portrayal of John, a single father facing a terminal illness, is powerful and moving alongside the young Daniel Lamot
Warner Bros, one of the leading studios in the film industry, is on track to achieve major success this year with two of its blockbuster films, Dune: Part Two and Godzilla x Kong: The New Empire. Both films have collectively grossed over $1.2 billion worldwide, with Dune: Part Two crossing the $700 million mark and
Amazon MGM Studios’ Challengers starring Zendaya has garnered attention with its $1.9 million in previews on Thursday. However, it fell short of Universal’s Cocaine Bear by $100,000. The film, directed by Luca Guadagnino, aims for a $15 million opening weekend. Despite receiving critical acclaim at 91% certified fresh, last night’s audiences gave it a lukewarm
Paramount’s upcoming movie, IF, directed by John Krasinski and starring Ryan Reynolds, is generating a buzz with an expected opening of over $40 million. This is quite impressive considering it is a non-holiday release in May and an original movie. The PG-rated film is appealing to a wide audience, including parents, kids, and the 17-34
The fourth installment in the popular Korean franchise, The Roundup: Punishment, has made history by setting a new all-time opening day presales record in its home market. With over 834,000 ticket reservations as of Wednesday morning local time, the crime actioner has accounted for an impressive 95.5% of all sales. This surpasses the franchise’s own