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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 continue to be significantly impacted by the COVID-19 pandemic, as the company’s theaters were cl...

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 Disney+ in September before being available to all subscribers in December. She similarly ushered the fil...

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 won't 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 on the distribution and digital side and in February was promoted to vice chairman and chief d...

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 theatrical exhibitors largely high and dry. For cinephiles, most of us enjoyed Steve McQueen’s masterf...