theater

Universal Pictures’ bet to release kids movie “Trolls World Tour”  directly to video-streaming services during the coronavirus lockdown has spurred a surprise windfall — and it could be bad news for movie theaters, according to a report. Last month, in the days before the nation’s movie theaters were closing down, executives at Universal Pictures parent …

Bernard Gersten, a pioneering force in New York City’s nonprofit theater movement, died today at his home in Manhattan of pancreatic cancer. He was 97. His death was announced by daughter Jenny Gersten. “Lincoln Center Theater mourns our cherished Bernard Gersten who died this morning peacefully in his sleep at the astounding age of 97,” …

Drive-in movie theaters — a tiny, nearly forgotten sliver of the US cinema business — may be poised for a comeback as the coronavirus has shuttered indoor movie theaters nationwide. The coronavirus has wreaked havoc on the movie theater industry with over 40,000 screens closed in the US alone — but a small group of …

Shakespeare in the Park is the latest major New York event to fall due to the coronavirus pandemic. The annual summertime festival, typically running May to August, was canceled Friday by its operator, the Public Theater. This marks the first time the popular free event won’t be held at the Delacorte Theater in Central Park …

Struggling movie theater chain AMC Entertainment, whose movie houses got shuttered nationwide last month by the coronavirus, said late Thursday it will raise $500 million in debt to stay afloat. The largest cinema chain in the US has been the subject of bankruptcy rumors since it shuttered 630 theaters nationwide amid coronavirus restrictions in mid-March. …

Cinemark, the third-largest movie theater chain in the US, has laid off half of its corporate staff and furloughed 17,500 hourly workers due to coronavirus pandemic restrictions. Cinemark said the 50 percent of workers who have been furloughed at its Plano, Texas, headquarters will continue to receive 20 percent of their salary as well as …

AMC Entertainment is inching closer to a possible bankruptcy. The nation’s largest movie theater chain, whose cinema houses have been shuttered nationwide since mid-March because of the coronavirus, is in talks to hire law firm Weil Gotshal & Manges to explore a potential Chapter 11 filing, The Post has learned. Weil Gotshal’s team is headed …

Coming to a theater near you: a marquee with no movie titles on it, but instead big letters that say “gone out of business.” With movie houses nationwide closed by the coronavirus, big cinema chains like AMC Entertainment and Regal Cinemas parent CineWorld are at risk of filing for bankruptcy in the coming weeks or …

AMC Entertainment chief executive Adam Aron is looking at mid-June to reopen US movie theaters. The US market’s largest cinema chain shuttered all 600 of its national locations March 17 as the coronavirus ripped through the country. The pandemic has caused the temporary closure of nearly all of the country’s 40,000-plus screens. “We said we …

As businesses nationwide struggle to survive amid the growing coronavirus pandemic, drive-in theaters in Florida are thriving. At the Ocala Drive-In, owner John Watzke said moviegoers are packing the lots in front of his two 90-foot screens as if every weeknight has become a Friday or Saturday evening. “For this time of year, business is …