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Shares of struggling cinema chains jumped on Friday after the Department of Justice scrapped 72-year-old rules severely limiting Hollywood’s ability to buy movie theaters. Friday’s ruling paves the way for film studio giants like Disney and Netflix to look beyond one-off purchases of small theaters and set their sights on buying larger swaths of cinemas. …
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Earlier this summer, amid skyrocketing COVID-19 rates in Florida and urgings from public health experts to go into lockdown, Disney World reopened its gates. The decision to reopen was highly criticized, with many wondering how the theme park could possibly keep guests safe, happy, and healthy during a global pandemic. But little notice was paid …
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News this week that Disney is bypassing cinemas by premiering “Mulan” directly onto Disney+ in major territories has provoked a furious backlash from international exhibitors who feel the House of Mouse is declining to support them in their hour of need. Emotions are high – as evidenced in our piece speaking to UK operators yesterday …
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He’s soon to be a real, live-action boy, and Tom Hanks may play his dad. Hanks, 64, is reportedly in early negotiations to play the part of Pinocchio’s humble toy creator, Geppetto, in a live-action remake of the 1940 Walt Disney animated classic. Deadline reported that, after reading the script, Hanks reached out to director …
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Not even CEOs are safe from the wrath of 2020. From Disney to Ford to Bleacher Report, heads are rolling at the top of America’s most recognizable companies. Whether from resignations, firings or retirements, the blood is flowing as companies from all industries experience a changing of the guard. Here’s who lost their job in …
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After reporting an eye-popping $5 billion loss, Disney said it will release “Mulan” directly to the Disney+ as it looks to its budding streaming service to carry it through the pandemic. Disney Chief Executive Bob Chapek on Tuesday told investors that the live-action version of its popular animated film from 1998 — originally scheduled to …
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In another major blow to movie theaters, Disney announced “Mulan” will forgo its planned theatrical release. Instead, the movie will premiere on Disney Plus on Sept. 4 for a rental price of $29.99. Originally scheduled to open on March 27, “Mulan” was meant to be one of Disney’s major theatrical releases for the year. The …
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Rhode Island’s Division of Taxation turned into a literal Mickey Mouse outfit this week when 176 refund checks were accidentally mailed out bearing the cartoon character’s “signature.” The checks, mailed Monday, were signed “Mickey Mouse” where General Treasurer Seth Magaziner’s name belonged, and “Walt Disney” in the spot reserved for State Controller Peter Keenan, according …
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If you’re a devout member of the Beyhive and a Disney fanatic, then Beyoncé’s latest project will be music to your ears — and eyes. “Black is King” — written, directed and executive-produced by Queen B — premieres Friday and is available for streaming exclusively on Disney+. The ‘Lion King’ connection Bey’s new visual album …
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Warner Bros. is keeping movie theaters’ hopes of a summer blockbuster movie alive. The Hollywood studio said Monday that it is releasing “Tenet,” the Christopher Nolan spy thriller in the US over Labor Day Weekend in “select cities.” Warner Bros. did not specify, which US cities will get the film, but it is safe to …