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That Would Kill Us: US Movie Theater Owners Sound Alarm on Biden WH s $15 Minimum Wage Hike Plan

11 Feb 2021 Lockdowns have crippled movie theaters due to the coronavirus. Now the industry faces further financial troubles as the Biden administration and Congressional Democrats seek another hike in the minimum wage and the $15 an hour proposal is weighing heavily on the minds of theater owners across the country. “That would kill us,” Byron Berkley, owner of Foothills Entertainment in Kilgore, Texas, told Variety. “We couldn’t justify raising our admission prices and concession prices to compensate for that kind of increase and still expect people to patronize the business. It would be disastrous.” Berkley’s part-time employees make $8 an hour in keeping with the state’s minimum wage. But the theater owner says that a wage hike of nearly double would put them out of business.

Movie theater chain owes $2M in rent to 2 N J malls since start of COVID outbreak, lawsuit says

Phoenix Theaters Beacon Cinema in Pittsfield Reopening

Beacon Cinema Announces Re-Opening in Downtown Pittsfield Feb 26

The $1 billion box-office movie is dead

The $1 billion box-office movie is dead - for now INSIDER 2/2/2021 kacuna@insider.com (Kirsten Acuna) © Marvel Studios; Universal Pictures; 20th Century Studios; Samantha Lee/Insider Movies such as Fast and Furious 9, Avatar 2, and a Spider-Man flick may help the box office rebound. Marvel Studios; Universal Pictures; 20th Century Studios; Samantha Lee/Insider Because of the pandemic, Star Wars: The Rise of Skywalker will likely be the last movie to cross $1 billion for some time. Yet Imax CEO Richard Gelfond said a film could hit that threshold this year if enough people were vaccinated. Films like Spider-Man 3 or Avatar 2 could reach billion-dollar status when they premiere.

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