In the war on streaming, Will Smith is doing his part to get butts back in theater seats. The Academy Award-winner surprised fans at a recent screening of his new movie, Bad Boys: Ride or Die, the fourth installment in the buddy cop franchise. He snuck out of the theater at Cinemark Baldwin Hills Crenshaw
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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
Deadpool 3, Beetlejuice 2 and Ghostbusters: Frozen Empire top Fandango‘s list of most-anticipated wide-release movies in 2024. (See the full top 10 and other charts below.) The NBCUniversal-owned digital movie brand surveyed 8,000 ticket buyers about the titles they’re most looking forward to, and also gauged their mood heading into next year. About 81% of
Former National Association of Theatre Owners executives John Fithian, Patrick Corcoran and Jackie Brenneman have launched a new consulting firm The Fithian Group to advise global exhibition clients on strategy, partnerships, innovation and strategic communications. “We have spent the last couple of decades helping to guide the cinema industry through the biggest challenges it has
Imax CEO Rich Gelfond turned a media conference Q&A back on the host today, grilling a Goldman Sachs analyst about the firm’s two-year ‘sell’ rating on the stock when, he said, much of the Street has a ‘buy’. The two were discussing Gelfond’s $1.1 billion box office projection for Imax, made earlier this year,
Cinemark CEO Sean Gamble said Hollywood strikes currently delaying the production, and promotion, of new films won’t affect “key fundamentals” of a revived exhibition business although they might extend the “recovery trajectory of theatrical film volume a bit.” “We know that our studio partners are doing everything they can to minimize the disruption of content
Amazon’s upcoming wide release of Ben Affleck and Matt Damon’s Nike movie Air exclusively in theaters in April “could represent the start of a substantive move into theatrical exhibition by streaming companies,” said Sean Gamble, chief executive of nation’s third-largest movie chain. Amazon last month releaves plans to give Air a wide theatrical release April
Alamo Drafthouse Crystal City, the chain’s newest location and its fourth in the Washington, DC metro area, will open October 24 as the exhibitor continues to roll out sites. This latest entrant is a 49,000-square-foot, 915-seat, aviation-themed theater at 1660 Crystal Drive in Arlington, Va., joining the Alamo Drafthouse Bryant Street in D.C. proper, and