Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Disney studio cochairman Alan Horn passes reins to Alan Bergman. Studio Movie Grill: The chain's one Arizona location — in Scottsdale — is closed until further notice. During the pandemic, however, some have tampered with the theatrical “window” by experimenting with premium digital releases. Nearly 70% of small and midsized theater companies would have to declare bankruptcy or shutter for good without government support, the group said in the letter, signed by the Motion Picture Assn., the Directors Guild of America and dozens of prominent filmmakers. ScreenX. He holds a master’s in journalism from USC’s Annenberg School and a bachelor’s in English from UC Santa Barbara. The Trump election fraud story has the TV news biz asking. The Regal Irvine Spectrum opened recently with a pricey renovation. She hopes ‘Wonder Woman 1984' will end it on a high. Metro-Goldwyn-Mayer Studios, a perennial acquisition target, is working with advisors to find a buyer. The deal values the world’s biggest music company at $36.8 billion. Across the country, just 56% of theaters are actually open, according to data firm Comscore. So who’s buying? But I thought this guy was different. Recently, Regal Cinemas announcing all of their theatres in Maryland, along with hundreds of others across the county will be closing their doors until further notice. With New York closed and Greater Los Angeles only partly reopened (Orange County now allows theaters to operate), cinemas remain shuttered in areas representing about 30% of annual box office sales. Disney+. When is Regal closing temporarily After our last evening screening on Thursday 8 October at all theatres currently open in the US. These closures will … According to September research by NRG, about half of moviegoers aren’t ready to return, and about a third of the audience wants to wait until a coronavirus vaccine is available. They viewed promising box office results in other countries that have gotten a better handle on the virus — China and South Korea — as a sign that, if everything went according to plan, the industry would return triumphantly. Column: The worst Christmas I ever had was the one that changed my life. More Rewards Your Way! On Monday, the company was not able to say when its theaters might next be operational. Cinema Action Group, a collective of Cineworld employees in the United Kingdom. They hammered out extensive cleaning protocols and hired back workers with hopes that movies would return to the big screen and that filmgoers would come back to see them. “We have stressed for some time that the exhibition industry restart is out of the hands of the exhibitors,” he said. News of the shutdown came as a surprise to many Cineworld staff. “We are especially grateful for and proud of the hard work our employees put in to adapt our theatres to the new protocols and cannot underscore enough how difficult this decision was.”. Cineworld Group PLC’s Regal Entertainment Group’s decision to suspend operations at its more than 500 locations this coming Thursday follows a … Mayor Eric Garcetti says it appears likely. For most movies, though, studios are simply waiting until the business environment is safe, and that’s the obstacle theaters face. Struggling Regal Cinemas plans to temporarily close all of its U.S. movie theaters, including 11 in New Jersey, according to multiple reports. “Any time, at any Regal, it… We will post an update on our website and social channels as well as sending an email to our Regal Crown Club and Unlimited subscribers. Regal is the second-largest exhibitor in the U.S., after AMC Theatres. Now they need the last few major markets — like New York — to open. Find 2 listings related to Regal Theatres in Phoenix on YP.com. The network is running a pre-taped interview to counter claims made by pro-Trump guests and hosts on election fraud. "We understand some people are unhappy but you know what? The company that owns Regal Cinemas said it may be forced to close … Warner Bros. announced that it would fast-track development of ‘Wonder Woman 3' after the newly released ‘Wonder Woman 1984' did better than expected at the box office. How will you let customers know when theatres are up and running again? Wold, in his note, expressed concern that continued film delays could do permanent damage to the theater industry. What happened to Maria Bartiromo? Horn, a respected executive who was named chairman of Walt Disney Studios in 2012, will remain at the company as chief creative officer. Regal cinemas to close down temporarily, impacting 45,000 jobs. Regal Cinemas closing movie theaters across US, including 9 Illinois locations By Diane Pathieu and Michelle Gallardo Monday, October 5, 2020 CHICAGO (WLS) -- … More than a dozen major films, including "Black Widow," "Tenet" and "Wonder Woman 1984," have either been delayed or skipped theaters altogether and gone digital, as in the case of. Ted Shaffrey, Associated Press Cineworld — the parent company of the Regal Cinemas movie theater chain in the United States — will close all its venues in the U.S., U.K. and Ireland this week, Variety reports. of Theatre Owners last week sent a letter to congressional leaders calling for federal financial relief. The closures will affect 45,000 employees. Movie theaters are reopening. The world's second-biggest cinema operator made the move after studios pulled … Ryan Faughnder is a film business reporter for the Los Angeles Times’ Company Town, covering the major Hollywood studios, including Walt Disney Co. The closures will affect 45,000 employees. L.A. Affairs: ‘Why would I date you?’ Ouch. "Cineworld will continue to monitor the situation closely and will communicate any future plans to resume operations in these markets at the appropriate time, when key markets have more concrete guidance on their reopening status and, in turn, studios are able to bring their pipeline of major releases back to the big screen," CEO Mooky Greidinger said in a statement. RPX. Regal Cinemas To Close Movie Theaters Temporarily Again (CBS/CNN) — Cineworld Group, the owner of Regal Cinemas, will suspend operations at all of its theaters in the United States and the United Kingdom beginning on Thursday. Tom Cruise rant over COVID-19 safety is latest challenge to U.K.'s filming restart. Regal Crown Club. Watch The Latest Trailers! Late on Monday, Warner Bros. said its much-anticipated adaptation of “Dune,” starring Timothée Chalamet, would move from December to next October. As the COVID-19 pandemic raged on this past summer, theater companies scrambled to prepare for the chance to reopen. The U.K is grappling with a rapid rise in COVID-19 cases while keeping its critically important film industry afloat. “But if the studios continue to push out the release window, there may not be anything around when they are ready.”. It is the world's second largest movie theater business after. Trump’s repeatedly discredited attempt to overturn the November results has been given continued sustenance by the Fox News star. Some … Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. The closures, which affect all 536 U.S.-based Regal Cinemas and 127 Cineworld and Picturehouse venues in the U.K., will go into effect Thursday, according to a Regal … All rights reserved. The second largest cinema chain in the US is temporarily closing its doors nationwide. A Regal Cinemas movie theater is closed during the coronavirus pandemic on Tuesday, May 5, 2020, in New York. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. How the plus sign won the streaming wars. By Jazmin Goodwin and Charles Riley, CNN Business, Updated 0844 GMT (1644 HKT) October 5, 2020. Get the day's top stories on Hollywood, film, television, music, arts, culture and more. “The studios have much firmer ground to stand on than the exhibitors and it is up to the studios to not completely abandon a major distribution window,” Wold wrote. Theater owners, meanwhile, are trying to turn up the pressure on New York Gov. Factset: FactSet Research Systems Inc.2018. Regal Cinemas, the nation's second-largest theater chain, will close its doors across the country as the film industry continues to be hard hit by the coronavirus pandemic. Experience the ultimate in movie sight and sound. Some 40,000 Regal theater employees are now facing a furlough across the U.S. after the movie chain announced it's closing all locations. A Regal Cinemas movie theater has a temporary closure notice on its marquee in New York on May 5. MGM, Eon Productions and Universal Pictures last week said they would push back the James Bond movie “No Time to Die” to April, abandoning the 007 film’s Nov. 20 post. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. See reviews, photos, directions, phone numbers and more for Regal Theatres locations in Phoenix, AZ. Studios have long relied on big bursts of revenue from premiering films in as many theaters as possible. At top, Regal Cinemas at Dole Cannery is one of the eight theaters Cineworld is closing in Hawaii. New York’s iconic Regal Cinema on 42nd St. Nonetheless, Eric Wold, an analyst at B. Riley FBR who follows the exhibitors, said in a research note that studios should consider the long-term consequences of letting theaters flounder without new product. Disney previously postponed its Marvel movie “Black Widow” to next year. “They have acted responsibly by closing down even before ordered to by states, and reopening with industry-wide safety protocols in place. Marcus Corp. shares declined 8%, or 64 cents, to $7.42, while Cinemark’s stock dropped 16%, or $1.65, to $8.44. With studios holding back their movies amid the uncertainty, theaters will continue to look for ways to preserve cash, analysts said. Obituaries, once reserved for warm remembrances of the deceased, are including passionate and sometimes angry warnings about the dangers of the coronavirus and failures of government officials. 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