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Cinemark CEO "Highly Confident" in Rebound As He Expects L.A. Theaters to Reopen in Coming Weeks

Cinemark CEO Mark Zoradi CEO Mark Zoradi called the coming reopening of New York theaters "a significant step forward in the recovery of our industry," on an earnings call where he also said the exhibition giant was "clearly open to M&A" after reporting a fourth-quarter loss. Cinema giant Cinemark Holdings swung to a loss for the fourth quarter due to the coronavirus pandemic but expressed confidence in a rebound in moviegoing once the virus is more contained. "The company’s financial results...
New York United States San Francisco Cineworld Regal Los Angeles Mark Zoradi

Hollywood's Top Dealmakers of 2020: The Pandemic Players

Brandis remembers attending the March premiere of Niki Caro’s Mulan at the Dolby Theatre in Los Angeles and then “everything shut down on the next Monday,” she says. Mulan was pulled from its March 27 release date and again from a July opening, at which point it became clear that audiences wouldn’t be returning to theaters anytime soon. That’s when Brandis, who heads the studios’ business affairs, got to work redrawing deals that would allow Mulan to have a premium debut on Disne...
United States Donna Langley Gump Strauss Hauer Feld Niki Caro Alex Berkett Christa Dalimonte David Young

Universal Exec Says Deal to Shorten Theatrical Window "Wasn't About a Quick Fix"

An empty theater marquee on Universal’s backlot, where Peter Levinsohn was photographed Jan. 8. Peter Levinsohn talks about the fight to keep films like Promising Young Woman and The Croods: New Age on the big screen amid the pandemic and why he wont be sending movies straight to sister company Peacock anytime soon. Those who deal with Peter Levinsohn, colleagues and rivals alike, unanimously describe him as whip-smart and consumer savvy. The business strategist rose through the studio system...
Thousand Oaks United States Donna Langley Cineworld Regal Peter Levinsohn Warner Bros

John Fink's Top 10 Films of 2020

January 7, 2021 2020 was not so much a year that changed cinema, but the way we experience it––at least in the United States. The countries that contained COVID have largely reopened to box office success. The proof is in the numbers as the global box office champion of the year was the Chinese war epic The Eight Hundred, not a film from a major US-based studio. Instead, high-profile event films like a new Pixar animation or a major superhero movie became “must-stream TV,” leaving thea...
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