Tag: movie theaters
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Survey: Almost Half of Consumers Aren’t Likely to Subscribe to a New Streaming Service Just to Watch a New Release
The past year has seen some major changes in the way new movies are released. With movie theaters closed for much of 2020 and attendance still low once after reopening, production companies had to get a bit creative with how to release their blockbusters. Some movies like the award-winning Nomadland went straight to streaming on…
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Cinemark Stock Rises as Analyst Predicts ‘Moviegoing Habits Will Return’
It’s well known that the Covid-19 has wreaked havoc on movie theaters. Between stay at home orders, occupancy limitations, and full lockdown mandates, it’s been tough for movie house chains to catch a break. But analysts are breathing hope into the system with predictions for 2021. Theater exhibition analyst Eric Wold of B. Riley said…
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Federal Judge Approves DOJ’s Move to End Decades-Old Movie Theater Antitrust Rules
This week, a federal judge gave a thumbs up to a Department of Justice effort to terminate what’s become known as the Paramount Consent Decrees — a set of antitrust rules and regulations that have been in place since the 1940s. The decrees essentially barred major movie studios at the time from also owning movie theaters,…
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Tenet Release Pushed to July 31st, Wonder Woman 1984 Moves to October
As movie theater chains explore reopening options, the industry has been planning around two likely blockbusters, Disney’s Mulan and Christopher Nolan’s Tenet. And while the latter film had been slotted into the July 17th slot, Warner Bros. announced it will push the film back by two weeks, setting its new release for July 31st. The…