entertainment

AMC Entertainment, the largest movie theater chain in the US, is selling off nine cinemas in the Baltic region as the coronavirus crushes sales. The company on Monday announced that it has signed a deal to sell nine venues across Latvia, Lithuania and Estonia, to Up Invest, owners of a Baltic cinema group, for $77 …

They’re reel cheap! AMC Theaters will sell movie tickets for a dirt-cheap 15 cents a pop next week — to lure folks back to the big screen amid the coronavirus crisis. The cinema chain said it will hawk the film passes for pennies — roughly the price of a ticket in the 1920s — on …

The XFL has new owners — and they plan to tackle their investment with Hollywood flair. Dwayne “The Rock” Johnson and a group of investors have scooped up the floundering football league for just $15 million in a deal that got rubber-stamped by a US bankruptcy judge on Friday. But instead of rushing to push …

AMC Entertainment, the nation’s largest movie theater chain, said it lost half a billion dollars in the second quarter, making it the company’s worst quarter since it was founded in 1920. The chain, which was forced to close cinemas across the nation as the coronavirus swept the nation in March, said it swung to a …

EXCLUSIVE: We’ve just heard that Cineworld, in response to the recent changes on the theatrical release schedule with “Tenet,” is reopening their US circuit Regal, starting Aug. 21. “Welcoming theatergoers back to our cinemas will be a celebration for not only our team and our industry, but most importantly for the fans who have been …

There’s a battle brewing behind the scenes at beleaguered movie theater chain AMC Entertainment. A group of lenders led by Apollo Global Management is trying to dissuade AMC from taking a debt-restructuring offer from Silver Lake Group, proposing a competing deal that would carry the cinema chain through the pandemic, The Wall Street Journal said. …

AMC, the world’s largest movie theater chain, is delaying its reopening yet again as Hollywood studios push back the release of their planned summer blockbusters. The company said Thursday that it won’t resume ticket sales at its US theaters until “mid-to-late August” due to the fact that there are no new movies to show. AMC …

Radio host Charlamagne tha God said Wednesday that he believes Nick Cannon was fired by ViacomCBS because Jewish people “have the power” in the media landscape. “Listen, Nick is my guy. I hate it had to be him, but that’s what you can do when you have the power. And if there’s one thing Jewish …

Regal Cinemas, one of the largest movie theater chains in the US, has announced a plan to show classic movies and fan favorites when they reopen instead of blockbuster titles. According to Variety, the theatre chain plans to show favorites such as “The Empire Strikes Back,” “Jaws”  and “Black Panther.” The move comes just weeks …

Cineplex, the embattled Canadian movie theater chain, is playing defense. Closing its doors because of the pandemic months ago, Cineplex has adopted a ‘poison pill’ or a stockholder rights plan,’ which is a defensive action against hostile and low-priced takeover attempts that take advantage of weakened stock prices. The Toronto-based company said its three-year plan …