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'Mortal Kombat' And 'Demon Slayer' Fight For Weekend Box Office Lead
Sunday, April 25, 2021 - 12:37pm | 521Read More..."Mortal Kombat" and "Demon Slayer: Kimetsu no Yaiba" are battling for the top spot at U.S. box offices. What Happened: The two releases had a combined opening day tally of $18.5 million on Friday, Variety reports, and come after AT&T Inc (NYSE:...
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AMC's Former Owner Wanda Group Trims Stake In Theater Chain To 6.8%
Friday, April 9, 2021 - 3:10pm | 403Read More...AMC Entertainment Holdings Inc (NYSE: AMC) shares are moving lower Friday, extending its losses for a fourth straight session. What Happened: AMC disclosed in an amendment to the 13D filing with the SEC that Wanda America Entertainment now beneficially owns 30,455,290 Class A shares...
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AMC Shares Pop On Upgrade: Why Analyst Sees Potential For Sharp Recovery
Monday, April 5, 2021 - 12:37pm | 579Read More...Meme stock AMC Entertainment Holdings Inc (NYSE: AMC), which has had a volatile ride amid the WallStreetBets phenomena, is advancing strongly Monday following a positive analyst action. The AMC Analyst: B. Riley Securities analyst Eric Wold upgraded AMC shares from Neutral to...
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'Godzilla vs. Kong' Smashes Pandemic-Era Box Office With $48.5 Million Debut
Sunday, April 4, 2021 - 4:06pm | 437Read More..."Godzilla vs. Kong" has brought in $48.5 million in its first five days since opening. What Happened: After a year-long pandemic, there is some good news for the U.S. theater owners. Even though the industry is still on the verge of recovery from pandemic-related business loss...
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Netflix Pays Reported $450M For 'Knives Out' Sequels
Thursday, April 1, 2021 - 2:23pm | 455Read More...Netflix Inc (NASDAQ: NFLX) has reportedly agreed to a deal worth $450 million to create two sequels to the popular 2019 film, “Knives Out.” What Happened: “Knives Out” was directed on a relatively modest $40 million and starred Daniel Craig as detective Benoit Blanc, with an...
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'Godzilla vs. Kong' Snags $121.8M In Global Box Office Ahead Of US Release
Monday, March 29, 2021 - 12:07pm | 422Read More...“Godzilla vs. Kong” took in $121.8 million in the international box office over the weekend, the highest offshore haul for a theatrical film release since the COVID-19 pandemic began. What Happened: The film, a production of AT&T (NYSE: T) subsidiary Warner Bros. and Legendary...
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Disney Shakes Up Film Release Schedule ... Again
Tuesday, March 23, 2021 - 5:10pm | 381Read More...With more movie theaters starting to reopen after COVID-19 pandemic-induced closures and more people subscribing to its Disney+ streaming service, Walt Disney Co (NYSE: DIS) has reorganized the release schedule for its major 2021 films. Coming Soon: The studio will release “Cruella...
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Academy Awards Telecast Without Host, Reportedly Scrambling For Presenters
Monday, March 22, 2021 - 6:50pm | 417Read More...The Academy Awards is traditionally Hollywood’s biggest event, with every A-lister and wannabe trying to be seen by their peers and a global audience. This year, however, it seems to be having some problems attracting talent to appear on camera. Light, Camera, Where’s The Action? This...
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Oscar-Nominated Documentary Being Auctioned As An NFT
Monday, March 15, 2021 - 4:35pm | 414Read More...Adam Benzine's Academy Award-nominated 2015 documentary "Claude Lanzmann: Spectres of the Shoah" is being released on the Ethereum (CRYPTO:ETH) blockchain as a non-fungible token (NFT), marking the first time that an Oscar-nominated film has been made available on this format. What To...
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AMC, Cinemark Stocks Surge Amid California Reopening Plans
Monday, March 15, 2021 - 1:25pm | 371Read More...Shares of movie theater chains AMC Entertainment Holdings Inc (NYSE: AMC) and Cinemark Holdings, Inc. (NYSE: CNK) were notably higher Monday after confirming plans to reopen locations in California. What Happened: Cinemark said over the weekend it already opened more than 10 theaters as of...
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Why Wanda Group Is Trimming Its Holdings In AMC Theater Chain
Monday, March 15, 2021 - 10:25am | 416Read More...AMC Entertainment Holdings Inc. (NYSE: AMC) was one of the worst-hit from the COVID-19 pandemic due to the lockdown restrictions that necessitated theater closures. Amid the movie theater chains sagging fortunes, its Chinese parent Dalian Wanda Group cut its stake in the company considerably. What...
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US Box Office Sales On Pace To Rebound... To 1982 Levels
Saturday, March 13, 2021 - 10:35am | 483Read More...Movie theaters in the U.S. are on pace to hit as high as $6 billion in sales this year, but that still would only be the same level as in 1982, adjusted for inflation, Bloomberg reported. Slow Rebound: Gathering data from Boxoffice Pro, Bloomberg said U.S. box office sales will still be below 2019...
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IMAX To Open Four New Cinemas In Shanghai
Wednesday, March 10, 2021 - 1:14pm | 407Read More...IMAX (NYSE: IMAX) has announced plans to open four new theaters in Shanghai. What Happened: The company is working with its subsidiary IMAX China and the Chinese cinema chain Broadway Theatre Company Limited in developing the new venues in Shanghai’s downtown district, including a location at...
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Disney's 'Raya And The Last Dragon' Opens To Disappointing $8.6M Domestic Box Office
Monday, March 8, 2021 - 10:58am | 527Read More...The Walt Disney Co.’s (NYSE: DIS) “Raya and The Last Dragon” was the top grossing film over the weekend, albeit with a somewhat anemic $8.6 million at the domestic box office and an equally underwhelming $17.6 million in box office returns from 32 global markets. What Happened:...
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AMC CEO Adam Aron Says He Was Impressed With 'Affection And Allegiance' Of Reddit Traders
Sunday, March 7, 2021 - 10:16am | 393Read More...After a stagnant 2020 in the midst of the pandemic, Friday marked the reopening of AMC theaters in New York state. What Happened: AMC Entertainment Holdings Inc (NYSE: AMC) CEO Adam Aron joined CNBC Friday to discuss the reopening of New York theaters and the epic run his company’s stock...
