Cinema owners, studios and indie distributors gathering in Las Vegas this week for exhibition’s biggest confab seek visibility into a theatrical landscape gut-punched by Hollywood strikes last year just as a post-Covid recovery was revving up. Production halted for months led to fewer releases on the schedule. But there’s reason for optimism, from Dune 2
Actors Strike
B. Riley analyst Eric Wold, who has stayed generally bullish on the movie theater business despite its recent trials, is now warning investors that the arrival of a “down box office year” has made him “increasingly cautious.” In a note to clients about his 2024 outlook, Wold wrote that he expects the stock performance of
U.S. employment rose in November as the jobless rate dipped. Labor settlements in both Hollywood and Detroit helped boost total non-farm payroll jobs by 199,000 last month. Unemployment edged down to 3.7%, according to the U.S. Department of Labor Statistics in its monthly report — an unexpectedly strong number. The motion picture and sound recording
“Dave McLean became not only a friend, but family to me during our eight seasons together on Arrow,” Stephen Amell says of The CW superhero series crew member who took his own life on October 9. “It hurts to lose such a vibrant spirit to struggles with mental health.” Vancouver-based genny operator McLean was a member
A slew of shows are scheduled to resume production today following the end of a six-month production shutdown due to the WGA and SAG-AFTRA strikes. Among the shows resuming shooting this week are Law & Order: SVU. “We’re back filming as we speak,” Ice-T, who portrays Detective Odafin ‘Fin’ Tutuola on the NBC crime procedural,
AMC shares plunged today despite record quarterly earnings as the giant theater chain filed with SEC to sell up to $350 million worth of stock — offsetting any bump that could been expected from solid financials and an end to the actors’ strike. Shares were trading up this morning pre-market but reversed course when the
Happy Friday Insiders. Jesse Whittock back again. The strike is over and normality is set to return to the world of TV and film after months of madness. Here’s a rundown of the biggest stories of the week. Don’t forget to sign up to the newsletter here. Strike, Out! It’s a deal!: On Wednesday, the industry
The end of the actors strike is the talk of the town, and late night is no exception. “Thank you for joining us on ‘take yourself back to work day’ here in Hollywood,” Jimmy Kimmel said during his opening monologue. “Where most of the movie and TV business has been at a stop, a standstill,
In another maneuver by the David Zaslav-run Warner Bros Discovery to kill movies, we hear on very good authority that Warner Bros will not be releasing the live-action/animated hybrid Coyote vs. Acme with the conglom taking an estimated $30M write-down on the $70M production. We understand the writedown for the pic was applied to the
EXCLUSIVE: With the end of 118-day actors strike at 12:01 a.m. Thursday morning, as well as a 148-day WGA strike back in September, global Hollywood feature productions can now resume. And while studios warned the guild that movies wouldn’t be able to start until January due to the holidays, they’ve been in pre-production on re-starts
EXCLUSIVE: Bob Iger finally had his wish come true Wednesday. “I’m elated,” the Disney CEO told Deadline tonight in his reaction to the deal between SAG-AFTRA and the studios. “It’s been, as you know, a long summer in this town and it’s an industry that really needs to get back to work and wants
UPDATED, 9:13 PM: SAG-AFTRA and the studios are planning on talking more, but there will be no deal tonight. After a long day of negotiations Tuesday, the sides are still grappling with several stubborn issues including AI protections, we hear. After going over the topic repeatedly and consulting with lawyers and others throughout the evening,
Cinemark CEO Sean Gamble said Apple and Amazon, two behemoths of the tech world but newcomers to the wide-release movie business, are so far “very pleased” with their results. During a conference call with Wall Street analysts to discuss third-quarter results, the major exhibitor boss said Cinemark’s conversations with the two tech firms indicate they
The ramifications of the actors strike at the weekend box office continues to be felt, as ticket sales this weekend plummeted to $58.3M, which is currently the third-lowest of 2023. Remember, Legendary/Warner Bros’ Zendaya-Timothee Chalamet-Austin Butler-Florence Pugh sequel Dune: Part Two was originally set to play this weekend, and with its departure, there’s at least
EXCLUSIVE: Today’s meeting between SAG-AFTRA and an expanded group of studio CEOs has just ended as the guild scrutinizes the AMPTP‘s long awaited response to their last comprehensive counter. On this 114th day of the actors strike, the top brass from Netflix, Disney, NBCUniversal, Paramount, Amazon, Sony, Warner Bros Discovery and more spoke with SAG-AFTRA
More theatrical release date changes due to the actors strike which is clocking 113 days, however, the good news is that it doesn’t impact 2024. Universal and DreamWorks Animation’s live action take of animated movie How to Train Your Dragon goes from March 14, 2025 to Friday, June 13, 2025. Uni had the latter date
UPDATE, 7:44 PM: Hard to tell if it is going to be a trick or a treat from SAG-AFTRA and the studios this Halloween, but the two sides are set to meet again person on Tuesday. “The committee worked independently today,” the Fran Drescher-run guilds told members Monday evening. “We will be meeting with the
SAG-AFTRA and the AMPTP are back at the table today for more talks to resolve the actors strike that has been going on for over 100 days. Duncan Crabtree-Ireland, chief negotiator at the union, told Deadline that he was “cautiously optimistic” about talks with the studios. Crabtree-Ireland made a quick stop to Paramount where the
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