-
The global entertainment industry will take a $160 billion hit over the next five years as it slowly recovers from the coronavirus pandemic, according to a new report. The outbreak has already whacked Hollywood studios, which have been forced to delay the release of top grossing franchises and suspend productions of summer blockbusters under shelter-in-place …
-
For weeks now, as COVID-19 restrictions across the country begin to ease (or, in some cases, even where they haven’t), national and local news outlets have relentlessly reported on a seeming torrent of people streaming into public spaces. The coverage points to a common sense understanding: Spending two months sheltering in place with little-to-no human …
-
Shakespeare’s Globe theater in London could be shuttered permanently because of coronavirus restrictions. The art space, a reconstruction of the original playhouse where William Shakespeare showcased his most famous work, is on the brink of bankruptcy since closing amid the pandemic in March. “Despite being well-managed, well governed, and – crucially – able to operate …
-
Broadway types are fuming after CBS announced that a singalong version of the 1978 film “Grease” will replace the Tony Awards on the network next month. One theater insider even sent us an email with the eye-catching subject line “Grease is the turd!” — adding, “a rough season for Broadway types just got a whole …
-
Sony said Wednesday that operating profit could fall 30 percent or more in the current fiscal year as the coronavirus hits the box office, as well as consumer demand for smartphones, video-game consoles and other electronics. The Japanese conglomerate, which owns film and TV studio Sony Pictures, sounded alarm bells as it reported results for …
-
Broadway stages will remain dark at least through Labor Day. The additional three-month closure announced by the Broadway League on Tuesday is the longest extension yet for Broadway’s 41 houses in response to the coronavirus. Broadway was initially closed on March 12, when Gov. Andrew Cuomo banned gatherings of more than 500 people, with plans …
-
The novel virus is bringing back retro fun. Drive-in theaters may call to mind a bygone era of 1950s Americana, but the nostalgic setup is having a comeback due to the coronavirus. Now, theaters like Astoria, Queens’ Bel Aire Diner have recently started hosting pop-up drive-in movies in their adjacent parking lots — and the initiative …
-
Shares of AMC Entertainment soared more than 50 percent on Monday after a report claimed that Amazon had expressed interest in acquiring the beleaguered movie chain. Amazon, headed by billionaire Jeff Bezos, held prospective buyout talks with top brass at AMC, the nation’s largest movie theater chain, according to an unconfirmed report by The Daily …
-
EXCLUSIVE: Despite recent, scattered press reports suggesting New York Gov. Andrew Cuomo was snubbing Broadway by shutting the industry out of his New York Forward Re-Opening Advisory Board, the state and the theater industry are working closely on how to re-start, Charlotte St. Martin, president of the Broadway League, tells Deadline. “We are completely aligned …
-
A battle is brewing between movie theaters and Universal Pictures over its decision to release “Trolls World Tour” directly to home video-streaming services during the coronavirus lockdown. Both AMC Entertainment and Regal Cinemas, the nation’s top two theater owners, are threatening to boycott Universal Pictures’ films from its screens after Jeff Shell, chief executive of …