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John Fithian, former head of NATO, formed The Fithian Group, which aims to improve movie production, distribution, and exhibition. The group is overseeing the building of a high-tech production studio in Europe and a data-infused direct distribution platform. Fithian worked for over twenty years fighting to keep movie theaters relevant in the constantly changing worlds of entertainment and technology. The Fithian Group founding partners (L-R) John Fithian, Jackie Brenneman, and Patrick Corcoran. The founders said the upcoming platform will be available free of charge for movie theaters.
Persons: John Fithian, , Fithian, Jackie Brenneman, Patrick Corcoran, Brenneman, Corcoran, Iah Bearden, Dylan Skolnick, Skolnick, there's, we're Organizations: NATO, Service, National Association of Theatre Owners, Group, Pinewood Studio, AP, Cinema Arts, Business Insider Locations: Europe, Vrai, Long Island , New York
AMC Entertainment, often viewed as a bellwether for the industry as the world’s largest movie theater chain, is not immune to those challenges. Taylor Swift attends "Taylor Swift: The Eras Tour" Concert Movie World Premiere at AMC The Grove 14 on October 11, 2023 in Los Angeles, California. While box office revenues have not yet recovered to pre-pandemic levels, until this year, they had been on an upward trajectory. Wold lowered his projection for the domestic box office to $8.6 billion, down from $8.9 billion earned in 2023. Upping the showmanshipDespite the box office slowdown this year, AMC found itself at the center of yet another viral moment earlier this month.
Persons: “ Barbie ”, “ Oppenheimer, , , It’s, “ Barbenheimer, Taylor, Taylor Swift, Matt Winkelmeyer, Adam Aron, ” Aron, , Paul Dergarabedian, Eric Wold, Riley, Wold, Barbie, Iris Schneider, Dergarabedian, “ There’s, Deadpool, Barbie ”, Alicia Reese, Michael O’Leary Organizations: CNN, AMC Entertainment, AMC, Hollywood, ZUMA, Warner Bros, Dodge, Wedbush, Dolby, National Association of Theatre Owners Locations: Los Angeles , California
It has made over $80 million worldwide and proven big studio rom-coms can still find audiences. In December, he welcomed the audience at the New York City premiere to "the last romantic comedy to be made by a Hollywood studio." Its remarkable performance proves the studio rom-com is built for a comeback. SonyThe rom-com should make its move now in the wake of superhero burnout"Anyone but You" certainly isn't the first studio rom-com to find box-office glory in the last few years. So, for now, fans of the genre must wait and see if Hollywood will move forward with more romantic comedies.
Persons: , Will Gluck, Glen Powell, Sydney Sweeney, Singer, coms, Powell, Zoey Deutch, Scott Meslow, Sandra Bullock, Channing Tatum's, George Clooney, Julia Roberts, Jennifer Lawrence's, Marvel, John Fithian, Sweeney Organizations: Service, Sony, New, New York City, Hollywood, Marvel, Netflix, Sydney Opera House, Nielson, National Association of Theatre Owners, Audiences Locations: New York, Australia, Seattle, Sydney, Hollywood
LOS ANGELES, Oct 15 (Reuters) - Pop singer Taylor Swift ruled movie box offices over the weekend as her concert film transformed darkened theaters into dance floors and hauled in an estimated $126 million-plus around the world. Moviegoers dressed in concert T-shirts and sequins for screenings of "Taylor Swift: The Eras Tour." That would surpass the $73 million that Justin Bieber's 2011 release "Never Say Never," the current record holder for a concert film, collected over its entire run. "This is a superstar debut," Jeff Bock, senior box office analyst at Exhibitor Relations Co., said of Swift's film. Fans pass by an image of Taylor Swift as they enter a cinema to watch Taylor Swift's Eras Tour concert movie in Mexico City, Mexico October 13, 2023.
Persons: Taylor Swift, Justin Bieber's, Jeff Bock, Taylor, Alexandre Meneghini, Swift, Stephanie Gaudette, CinemaScore, Beyonce, Lisa Richwine, Bill Berkrot, Lisa Shumaker, Deepa Babington Organizations: Hollywood, AMC, Relations, REUTERS, Ticketmaster, Theatre, SoFi, Rotten, National Association of Theatre Owners, Thomson Locations: Brazil, South Korea, Malaysia, Mexico City, Mexico, Hollywood, Los Angeles
Taylor Swift attends the 2023 MTV Video Music Awards at the Prudential Center in Newark, New Jersey, U.S., September 12, 2023. In her next act, Swift is poised to lift another corner of the economy: a movie box office still trying to recover from the pandemic and Hollywood strikes. “Swift and Beyonce will certainly fill some of the gaps,” said Box Office Pro senior analyst Shawn Robbins. BLOCKBUSTER SALESAdvance sales for "Taylor Swift: The Eras Tour" are on pace with a Star Wars or Marvel blockbuster. “But there's no question that the Eras Tour with Taylor Swift has really launched that into a new atmosphere.
Persons: Taylor Swift, Andrew Kelly, Swift, Taylor, Beyonce, , Barbie ”, “ Oppenheimer, “ Swift, Shawn Robbins, , it's, Hunter, “ We’ve, Rolando Rodriguez, Brock Bagby, Queen Bey, Bruce Nash, Nash, Riley, Eric Wold, Dawn Chnmielewski, Lisa Richwine, Kenneth Li, Mark Porter Organizations: Prudential Center, REUTERS, AMC Theatres, Hollywood, Pro, SAG, Marvel, National Association of Theatre Owners, B, , Wedbush Securities, Thomson Locations: Newark , New Jersey, U.S, United States, Canada, Missouri, Los Angeles, New York
In this article CMCSAUVV Follow your favorite stocks CREATE FREE ACCOUNTStill from the set of "The Exorcist: Believer." The new "Exorcist" movie will draw big Hispanic audiences. Universal is seeing stronger-than-average Hispanic interest for "The Exorcist: Believer" as the movie heads into its opening weekend, according to people familiar with the matter. Hispanic and Latino viewers will have a big say in how "The Exorcist: Believer" does at the box office, no matter what. They tend to represent 26% of horror movie audiences, compared with 20% for other genres, according to the Comscore/Screen Engine PostTrak Audience Survey.
Persons: Lea, Rolando Rodriguez, Leslie Odom Jr, Hamilton, Taylor Swift, Paul Dergarabedian, R.C, Jara, Max von Sydow, Linda Blair, Bela Lugosi, Guillermo del Toro, bogeyman El, Llorona, Angel Melanson, they're, William Peter Blatty, Ellen Burstyn, Jason Miller, Melanson, David Gordon Green, Alfred Hitchcock's, William Friedkin, there's, Green Organizations: Studios, National Association of Theatre Owners, Comscore, Survey, Bettmann, Getty, Universal, CNBC, Pew Research Center, Universal Studios, Hollywood Locations: Cuban, Georgia, Hollywood, United States
Despite placing her previous documentaries and concert films on streaming services in the past, the iconic pop star opted to deliver her Eras Tour film directly to cinemagoers this October. Of course, the theater company will generate significantly more than that in concession sales, perhaps the real upside to Swift's film release. "Taylor Swift, being a cultural powerhouse and shaper of new business models, may have a hand in bringing back the old-school style concert film." Swift's concert film seems destined to overtake the current record holder for a theatrical concert film. Miley Cyrus' "Best of Both Worlds" concert film tallied $31.1 million during its opening weekend back in 2008, appearing in around 680 locations.
Persons: Taylor Swift, Shawn Robbins, Swift, Oppenheimer, They're, Cinemark —, It's, Robbins, Beyonce, Adele, Mario, Michael O'Leary, Paul Dergarabedian, Miley Cyrus, Taylor Organizations: T, Fort Worth Star, Tribune, Service, Getty, BoxOffice.com, Screen Actors Guild, American Federation of Television, Radio Artists, National Football League, Sony, Disney, Warner Bros, AMC, Universal, Swift, Mario Bros, National Association of Theatre Locations: Arlington , Texas, Cincinnati , Ohio
Sunday is the second annual National Cinema Day. At more than 3,000 participating theaters across the country the price of a movie ticket is just $4. National Cinema Day could give the theater business a boost. Last year’s Cinema Day, when tickets were only $3, drew 8 million participants and raked in $23.8 million at the box office, a 103% jump from the day before. The Cinema Foundation, the non-profit spearheading the initiative, says Cinema Day propelled long-term theater attendance.
Persons: Barbie ”, “ Barbie, ” “ Oppenheimer, , Barbie Organizations: New, New York CNN, National Association of Theatre Owners, AMC, AMC Entertainment Holdings Inc, Hollywood, Cinema Foundation, Warner Bros . Locations: New York
[1/2] Timothee Chalamet and Zendaya, promoting the movie "Dune: Part Two", attend a Warner Bros. presentation during CinemaCon, the official convention of the National Association of Theatre Owners, in Las Vegas, Nevada, U.S. April 25, 2023. "Dune" was one of the most anticipated films on the late 2023 schedule. "Dune: Part Two" will now debut on March 15, a date that had been reserved for Warner Bros film "Godzilla x Kong: The New Empire." As a result, an animated "Lord of the Rings" film that had been set for April was moved to December. Other major films on the 2023 schedule at the moment include Walt Disney's (DIS.N) "The Marvels," a Lionsgate (LGFa.N) prequel to "The Hunger Games," and "Wonka," another Warner Bros film that also stars Chalamet.
Persons: Steve Marcus, Frank Herbert’s, Oppenheimer, Walt Disney's, Wonka, Chalamet, Lisa Richwine, Chris Reese, Matthew Lewis Organizations: Warner Bros, National Association of Theatre Owners, REUTERS, Hollywood, AMC Entertainment, SAG, Sony Pictures, GameStop, Lionsgate, Writers Guild of America, Thomson Locations: Las Vegas , Nevada, U.S, New York, Los Angeles
'Barbie' dominated at the box office, bringing in $155 million in its opening weekend in the US. Fury of the Gods (from Warner Bros.), with $58 million in domestic box office sales since it premiered on March 17. 3” have so far helped the film collect $359 million in box office sales domestically since it premiered on May 5. “The superhero movie is not the novelty that it used to be,” Shawn Robbins, chief analyst with Boxoffice Pro, said in an interview with CNN. 'Oppenheimer' raked in $80.5 million at the box office in its opening weekend in the US.
Persons: New York CNN —, Barbie, Oppenheimer, , , Greta Gerwig’s “ Barbie, Christopher Nolan’s “ Oppenheimer, Robert Oppenheimer, “ Barbie, “ Oppenheimer, ” Shawn Robbins, don’t, Robbins, “ It’s, we’ve, “ Barbie ”, ” Michael O’Leary, ‘ Barbie ’, ‘ Oppenheimer, Organizations: New, New York CNN, Yankee, Yankees, Kansas City Royals, Warner Bros, Pictures, Universal Studios, Warner Bros ., DC, “ Guardians, Boxoffice, CNN, US, Universal, , Galaxy, DC Comics, Marvel, mojo, , National Association of Theatre Owners Locations: New York, America, New York City, United States
"Barbenheimer" exploded over the weekend, generating an estimated $235.5 million in ticket sales and reinvigorating the domestic box office. "It was a truly historic weekend and continues the positive box office momentum of 2023," said Michael O'Leary, president and CEO of the National Association of Theatre Owners. Some box office analysts project that Monday's official weekend numbers could be quite a bit higher than Sunday's estimates, and push "Barbenheimer" weekend up the charts. The success of "Barbenheimer" comes at a time when the domestic box office has faced some hurdles. They've reignited the summer box office flame, and they've proven that studios can be a little more aggressive with counter-programming strategies in the future."
Persons: Barbie, Oppenheimer, Shawn Robbins, Michael O'Leary, O'Leary, Paul Dergarabedian, Harrison Ford, Indiana Jones, Robbins, They've, NBCUniversal Organizations: Marvel, Star Wars, Warner Bros, National Association of Theatre, Rotten, Angel Studios, Comcast, CNBC Locations: Hollywood, NBCUniversal
"Barbenheimer" is off to a red-hot start at the domestic box office. Heading into the weekend, Warner Bros.' "Barbie" is expected to capture upwards of $140 million, if not more, over its first three days in theaters. Meanwhile, Universal's "Oppenheimer" appears destined to snare at least $50 million, with some box office analysts expecting it could top $60 million. With additional ticket sales from "Mission: Impossible — Dead Reckoning Part One," "Spider-Man: Across the Spider-Verse" and "Sound of Freedom," it could be the highest-grossing weekend of the year so far. Major movie chains have indicated that ticket sales are strong for both films this weekend and additional shows have been added to accommodate demand.
Persons: Barbie, Oppenheimer, Universal's, Indiana Jones Organizations: Warner Bros, AMC Theatre, National Association of Theatre, Comcast, CNBC Locations: NBCUniversal
[1/2] Margot Robbie poses on the pink carpet for the world premiere of the film "Barbie" in Los Angeles, California, U.S., July 9, 2023. REUTERS/Mike Blake /File PhotoLOS ANGELES, July 21 (Reuters) - Film fans headed to cinemas in Los Angeles for early screenings of frothy comedy "Barbie" and nuclear arms biopic "Oppenheimer" - a double feature billed as "Barbenheimer." "Barbie" stars Margot Robbie as the Mattel doll, who is living her idyllic life in Barbie World, until one day she starts having dark thoughts and flat feet. Many of the fans coming to see "Barbie" dressed up in pink and posed for pictures in a makeshift Barbie toy box. Reporting by Omar Younis and Rollo Ross in Los Angeles; Editing by Mary Milliken and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
Persons: Margot Robbie, Mike Blake, Oppenheimer, Joey Litvak, Barbie, Mattel, Christopher Nolan, Cillian Murphy, J, Robert Oppenheimer, Jackie Brenneman, Cage, Claudia Ripper, Brenneman, Omar Younis, Rollo Ross, Mary Milliken, Jonathan Oatis Organizations: REUTERS, Hollywood, National Association of Theatre, Thomson Locations: Los Angeles , California, U.S, Los Angeles, LA
This year, a number of films have flopped at the box office, including "Elemental" and "The Flash." A social-media analysis from Diesel Labs points to possible success for "Barbie" and "Oppenheimer" — here's why. Temperatures are rising all around the world, with one notable exception: the box office, where this year's film openings have mostly been, at best, lukewarm. Social-media attention on forthcoming and recent film releases looks to be generally trending higher for titles like "Barbie," "Oppenheimer," and "Mission Impossible: Dead Reckoning Pt. This story has been updated to reflect new box office estimates and an estimate of how many moviegoers will see "Barbie" and "Oppenheimer" on the same day.
Persons: Barbie, Oppenheimer, Mario Bros, tentpole, Indiana Jones, , Barbie ”, “ Oppenheimer, Michael O'Leary, David A . Gross, Tom Cruise's, Gross, Screenrant, Ruby Gillman, Mario, America's, Christopher Nolan's, Greta Gerwig's, Matt Damon, Emily Blunt, Rami Malek, Reed Alexander Organizations: Diesel Labs, SAG, Writers Guild of America, www.diesellabs.com Diesel Labs, National Association of Theatre Owners, Warner Bros, Rotten, Entertainment Research, Variety, Disney, Mario Bros, Writers Guild, Wednesday, London Locations: Hollywood, North America
The “Barbenheimer” craze, which has swelled in popularity over the last few weeks, is all but set to propel the box office to its best weekend in years. BoxOffice Pro, a publication that tracks box office performance, said this week it is projecting a $200+ million weekend at the cinema. The battle of the bombshells playing out in theaters is not the usual runaway box office success story. “But it’s not just about the first three days of the box office either. The irony in the films’ massive draw is that, typically, studios prefer to avoid releasing major box office features on the same weekend as another.
Persons: Barbie ”, “ Oppenheimer, ” Michael O’Leary, it’s, Mattel, Christopher Nolan, ” Shawn Robbins, “ ‘ Oppenheimer, Barbie ’, don’t, “ Barbie ”, Tom Cruise, ” O’Leary, ” Robbins, “ It’s, Organizations: CNN, BoxOffice, National Association of Theatre Owners, Warner Bros Locations: Hollywood
This weekend at the box office is all about atomic bombs and blonde bombshells. Typically when two big movies from two different studios hit theaters at the same time, it's a competition for ticket sales. Heading into the weekend, "Barbie" is expected to capture at least $90 million in domestic ticket sales, with some box office analysts projecting the film could tally upwards of $140 million. Major movie chains have indicated that ticket sales are strong for both films this weekend and additional shows have been added to accommodate demand. "Going into this weekend anticipation has been very high for both 'Barbie' and 'Oppenheimer,'" said Jeffrey Kaufman, chief content officer at Malco Theatres.
Persons: That's, Oppenheimer, Erik Davis, It's, Barbie, Jeffrey Kaufman, Greta Gerwig, Bird, Hollywood's, Audiences, Stanley Kubrick's, Margot Robbie, Ken, Ryan Gosling Organizations: Warner Bros, Mattel, AMC Theatre, National Association of Theatre, Malco, Academy Locations: Barbie
[1/3] Actor Alan Arkin poses during the CinemaCon Big Screen Achievement Awards at Caesars Palace in Las Vegas, Nevada April 23, 2015. Alan Arkin was honored with the CinemaCon Lifetime Achievement Award. His first major movie role also earned him an Oscar nomination - best actor for playing a Soviet sailor in the 1966 Cold War comedy "The Russians Are Coming! He appeared as a deaf-mute in the adaptation of Carson McCullers' novel "The Heart Is a Lonely Hunter" in 1968, drawing his second Academy Award nomination for best actor. "Did ANYONE have the range Alan Arkin had?
Persons: Alan Arkin, CinemaCon, Steve, Oscar, Adam, Matthew, Anthony, Arkin, Carl Reiner's, Sunshine, Audrey Hepburn, terrorizes Hepburn, Carson McCullers, Joseph Heller's, Ben Affleck's, Michael Douglas, Patton Oswalt, Edward Scissorhands, Glengarry Glen, Alan Wolf Arkin, Harry Belafonte, Suzanne, Will Dunham, Danielle Broadway, Bill Trott, Diane Craft, Nick Zieminski, Rosalba O'Brien Organizations: Caesars, National Association of Theatre Owners, REUTERS, Little, Oscar, Variety, The New York Times, CIA, New, Thomson Locations: Las Vegas , Nevada, Carlsbad , California, Soviet, Iran, Glengarry Glen Ross, Beverly Hills, New York City, Brooklyn, Los Angeles
Movie theaters aren't dying — they're evolving
  + stars: | 2023-02-25 | by ( Sarah Whitten | ) www.cnbc.com   time to read: +9 min
As the space contracts, cinema operators are investing in the basics, improving sounds, picture quality and seating as well as in bolstering its food and beverage offerings, events and alternative programming. While cinema operators are pleased that studio production has increased, they are no longer taking audiences for granted. Over the last few years, movie theater operators have been removing traditional digital projectors and installing laser units, citing cost savings over time and a better picture quality for moviegoers. Many theater operators told CNBC they are planning similar upgrades to sound systems, saying they have partnered with companies like Dolby to bring quality speakers into their auditoriums. So far in 2023, that premium ticket average is higher — $17.33 each — because so many moviegoers saw Disney's "Avatar: The Way of Water" in premium formats and 3D.
AMC Theatres announced this week that it would charge more for the best seats in its auditoriums. Here's what it looks like on the AMC Theatres website for a screening at a New York City location:What the new seat pricing looks like on the AMC Theatres website. "This new initiative by AMC Theatres would essentially penalize people for lower income and reward for higher income." AMC's seat-pricing plan isn't going to help the theatrical business. Patrick Corcoran, spokesman for the National Association of Theatre Owners, told Insider in September.
At many movie theaters, popcorn and soda appear alongside flatbreads, lobster grilled cheese and elaborate cocktails. "It is things like concessions and how that fits into a broader movie theater experience that really are things that movie theaters need to focus on and hammer in," Gallinari said. AMC Entertainment , the world's largest movie theater chain, exited its third quarter with more than $5.3 billion in debt. According to data from research firm EntTelligence, the average medium popcorn at domestic movie theaters is $8.14, while a medium drink runs for $6.20. "With movie theaters and concessions already having a reputation for being overpriced, being subject to the wills of the market in that way can really work against the movie theater's favor," Gallinari said.
Stacy Spikes told Insider he plans to put MoviePass out of beta and make it available for all by the summer. You would think Spikes would want to run as far away as possible from the movie-ticket-subscription startup. Before Stacy Spikes created MoviePass he created the Urbanworld Film Festival. I wanted to put that down because I see so many times people approach me and think MoviePass was my first business. MoviePassThe MoviePass beta version is focused on the credits system, e-ticketing, and fixing bugsWhat have been the biggest challenges in getting this beta version of MoviePass off the ground?
Karolyn Grimes and James Stewart in "It's A Wonderful Life." Fathom has long wanted to revive showings of “It’s A Wonderful Life,” Carey said, noting that fans have been asking for it. No film is a failure if it has fansWhat’s long delighted film historians is the fact that when “It’s a Wonderful Life” debuted, it was largely deemed a wash. As film historian Jeanine Basinger writes in her compendium, “The It’s A Wonderful Life Book,” the original idea for the film languished for years before the studio RKO sold it to Capra in 1945 for a mere $10,000. William Edmunds and James Stewart in 1946's "It's A Wonderful Life."
Disney announced Sunday that Bob Iger would return as CEO, replacing his successor Bob Chapek. Less than three years later, Chapek is out, and Iger, who led Disney through unprecedented success, is back in. By 2021, with theatrical attendance still rocky, Disney aimed to release some movies in theaters and, for a fee, onto Disney+ simultaneously. Star Scarlett Johansson sued Disney, claiming the move breached her contract, as her salary was based on a portion of box-office earnings. It also led to creatives speaking out on the lack of LGBTQ+ representation in Disney movies.
"Black Panther: Wakanda Forever" opened in theaters Thursday night. That leaves "Wakanda Forever" to pick up the slack and give theaters a much-needed win after a drought of blockbusters. The first "Black Panther" opened with $202 million in the US and some projections put the sequel in that range. "Wakanda Forever" opened on Thursday night with $28 million, more than the first movie's opening Thursday of $25 million. But after "Wakanda Forever," it's back to a drought.
AMC CEO Adam Aron recently floated the idea of a four-day workweek on his Twitter. "Should I be out front urging a 4-day U.S. work week?," AMC Theatres CEO Adam Aron asked in one of two polls recently posted on Twitter. In his first poll, posted on Sept. 22, Aron asked Twitter users for their thoughts on four-day workweeks. In another post the same day, Aron's polled Twitter users on whether he should be a leading voice advocating for shorter workweeks. More than 70 companies in the UK recently started four-day workweek trials in June, Insider reported.
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