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Taylor Swift fans had just eight hours to buy tickets for last-minute Thursday night previews of her Eras Tour concert film. Box office analysts don't see the small Thursday night haul as any indication of the potential success of Swift's film. Expectations are that Swift could tally between $40 million and $60 million on Friday, on her way to a an opening weekend draw of as much as $150 million. Swift's film is on pace to open in around 3,850 theaters, making it the widest domestic release of a concert film. AMC Entertainment, which is distributing the film, reported last week that presales for its theaters had already exceeded $100 million for the full run of Swift's film.
Persons: Taylor Swift, weren't, Paul Dergarabedian, Swift, Shawn Robbins, Miley Cyrus, Michael Jackson's Organizations: AMC, Marvel, Star Wars, AMC Entertainment Locations: Los Angeles , California
CNN —Taylor Swift filled a “blank space” on the red carpet of the “Taylor Swift: The Eras Tour Concert Film” premiere in Los Angeles on Wednesday. She posed for photos with her “Eras Tour” dancers and supporters along the carpet. Mario Anzuoni/ReutersThe premiere was held at The Grove, an upscale shopping complex that includes a multi-screen AMC movie theater. Swift’s concert movie comes on the heels of a monster run of her “Eras Tour,” which hit over 20 cities and is expected to gross over $1 billion. Tickets for the newly announced bonus screenings of “Taylor Swift: The Eras Tour Concert Film” will be available by 10am in the ticketholder’s timezone on Thursday.
Persons: CNN — Taylor Swift, Taylor Swift, ” Swift, Mario Anzuoni, Sam Wrench, , Chris Pizzello, “ Taylor Swift Organizations: CNN, AMC, Regal Locations: Los Angeles, Canada, The Grove, Argentina
IMAX's buyout proposal of China unit falls through
  + stars: | 2023-10-10 | by ( ) www.reuters.com   time to read: +1 min
People wait for movie screening at an IMAX theatre inside the Wanda Plaza in Xinxiang, Henan province, China March 23, 2018. REUTERS/Stella Qiu/File Photo Acquire Licensing RightsOct 10 (Reuters) - IMAX China (1970.HK) said on Tuesday that its shareholders have rejected a proposal of its U.S.-based parent (IMAX.N) to buy the remaining stake in the Hong Kong-listed company for about $124 million. IMAX, which currently owns 71.6% of its Chinese subsidiary, had offered to buy IMAX China at HK$10 ($1.28) per share in July, a 49% premium to the 30-day average closing price at the time. The remaining 28.4% stake of IMAX China was valued at about$98.7 million, as of the company's last closing price. IMAX had sought to take full control of its China unit to improve the company's operational flexibility and apply its technology in the Chinese market.
Persons: Stella Qiu, Upasana Singh, Varun Organizations: REUTERS, HK, Thomson Locations: Xinxiang, Henan province, China, Hong Kong, Bengaluru
Taylor Swift performs onstage for the opening night of her The Eras Tour at State Farm Stadium in Glendale, Arizona, on March 17, 2023. Starting Friday, Taylor Swift's The Eras Tour film arrives in theaters, and with it comes a certain expectation of exuberance from those in attendance. Since Swift announced the theatrical release of her The Eras Tour, ticket sales have soared. Beyonce's film will see base tickets set at $22 a piece. "Taylor Swift: The Eras Tour" will play in theaters during the weekends through Nov. 5.
Persons: Taylor Swift, Taylor, it's, let's, Swift, presales, It's Organizations: Farm, AMC Entertainment, AMC Locations: Glendale , Arizona
Shares of AMC (AMC) surged 11.5% in Friday afternoon trading after the movie theater chain announced that “Taylor Swift: The Eras Tour” concert film had grossed over $100 million in advance ticket sales. “Taylor Swift: The Eras Tour,” already the most profitable concert film in history, opens on Friday, October 13. “Taylor Swift: The Eras Tour” also broke an AMC record for advance first-day ticket sales at $26 million. AMC Theaters Distribution, along with sub-distribution partners Variance Films, Trafalgar Releasing, Cinepolis and Cineplex, have reached deals with operators to show the film in over 8,500 theaters across 100 countries. The company said in a news release that ticket sales for the Eras Tour film were “setting domestic presale records.”For AMC, the rebound has come after sharp declines over two years.
Persons: Taylor, “ Taylor Swift, , Swift, AMC’s, Beyonce ” Organizations: CNN, AMC Entertainment, AMC, ” AMC, North, Trafalgar, Cinemark Holdings Locations: United States
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
The MSG Sphere in Las Vegas lights up the skyline, but the screen looks a lot different up close. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But did you know that up close, the massive screen on the outside of the Sphere doesn't look like a screen at all? There are 1.2 million lights on Sphere, according to KXAS-TV, making it the world's largest video screen. U2 Sphere show tickets are already selling out or commanding price tags from the mid-to-high hundreds of dollars to even $1,000-plus territory.
Persons: , It's, @CasinoCompWallet, Bono, Adam Clayton, Bram van den Berg, U2, Kevin Mazur Organizations: Service, Hollywood Locations: Las Vegas, Las Vegas , Nevada
Movie theaters will become a Bey Hive this December. Beyonce's appearance on the film calendar is a much-needed boon for the North American box office. Those offerings give Beyonce's movie plenty of room to run at the box office. It's unclear what Beyonce's film could open to in December, as tickets just went on sale Monday. Beyonce's tour looks to top out just above $560 million.
Persons: Taylor Swift's, Shawn Robbins, Beyonce, Aquaman, Paul Dergarabedian Organizations: AMC Entertainment, Parkwood Entertainment, Dolby, AMC, Cineplex, Harkins, North American, Hollywood, Warner Bros, Comscore, Industry
But how big will the ball be when it comes to its success and the impact on Las Vegas tourism? "If they can sell tickets for $100 during the day in Las Vegas, it could be a big success. The Las Vegas Sphere dressed as a jack-o'-lantern. Tickets for The Sphere Experience start at $90 each and go up to $250 for the best seats. For The Sphere Experience, there are three shows on most Mondays, Tuesdays, and Thursdays, with four on Sundays.
Persons: Darren Aronofsky, , Charles Bobrinskoy, Ariel Investments —, John Rogers, Bobrinskoy, Kevin Mazur, Taylor Swift Organizations: Las Vegas, Service, of, Ariel, Anadolu Agency, Getty, Bloomberg, Costco Locations: Las, Las Vegas
Movie theater shares popped Monday following news of a tentative labor deal between the Writers Guild of America and the Alliance of Motion Picture and Television Producers. Extremely good news that progress is being made," AMC CEO Adam Aron said Sunday in a post on X, the site formerly known as Twitter. Shares of AMC were up roughly 7% Monday. The Screen Actors Guild – American Federation of Television and Radio Artists is still on strike after failure to reach a labor agreement with AMPTP. The summer season saw a 19% year-over-year increase, due in large part to the success of "Barbie" and "Oppenheimer."
Persons: Adam Aron, it's, Kraven, Hunter, Oppenheimer, Eric Wold, AFTRA, — CNBC's Sarah Whitten Organizations: AMC, Regal Cinemas, Writers Guild of America, Alliance, Television Producers, Twitter, Disney, Comcast, Warner Bros, Discovery, Hollywood, – American Federation of Television, Radio Artists, AMPTP, SAG, Riley Securities, WGA, Netflix, CNBC Locations: Square , New York, NBCUniversal
TORONTO (AP) — Three generations of a Ukrainian family sit in a van in the documentary “In the Rearview.” They stare straightforward, staggered by all they’ve left behind. “I come from an aristocratic family,” one woman says in the film. The biggest battleground isn’t just a war zone but the home. In recent years, Canada has reckoned with its past treatment of Indigenous people, including heinous sterilization programs and forced-schooling systems. “Coming to New Zealand, being Māori, we don’t see enough of ourselves on screen,” Waititi said.
Persons: , , Maciek Hamela’s van, Um Tae, Lee Byung, Ly’s, ” Ly, Oscar, Les, Alexis Manenti, Cameron Bailey, Waititi, ” Waititi, ” Hollywood’s, ” Andrew Haigh’s “, , Cord, Jeffrey Wright, Hayao, Miyazaki, Alexander Payne’s “, Paul Giamatti, Da’Vine Joy Randolph, Dominic Sessa —, Agnieszka Holland’s “, Raoul Peck’s “, James Baldwin, , Melvin, Peck, William Tecumseh Sherman, Garrison Frazier, Jonathan Glazer, Rudolf Höss, Christian Friedel, Hedwig, Sandra Hüller, Glazer, Nikolaj Arcel’s “, Mads Mikkelsen, Jonathan Demme’s, David Byrne, Jake Coyle Organizations: TORONTO, Toronto, America Samoa soccer team, , Twitter Locations: Ukraine, Seoul, South Korea, Paris, Batiment, France, Canada, America, New Zealand, ” Toronto, Venice, New England, Belarus, Poland, Haitian, North Carolina, Georgia, Auschwitz, Denmark, Jutland Heath
The hottest ticket at this year’s Toronto International Film Festival was not for the new auteur film from Hayao Miyazaki or Ryusuke Hamaguchi, the latest vehicle for Kate Winslet or Sean Penn, or grand prizewinners at Cannes and Venice. No, the most feverishly in-demand screening was for a 39-year-old movie that everyone in its sold-out audience could have watched at home, at the push of a button. “Stop Making Sense,” directed by Jonathan Demme, is widely considered to be one of the finest examples of the form, a joyful documentation (and celebration) of Talking Heads’ 1983 tour supporting their album “Speaking in Tongues.” The Toronto festival screening marked the debut of A24’s new restoration of the film ahead of its theatrical and IMAX rerelease later this month. “This is the greatest concert film ever!” he enthused with the musicians sitting next to him. That reunion was an event in itself, following what the frontman David Byrne recently described, with characteristic understatement, as an “ugly” breakup in 1991.
Persons: Hayao Miyazaki, Kate Winslet, Sean Penn, , Jonathan Demme, Spike Lee, , I’m, David Byrne, haven’t, Chris Frantz, Byrne, Tina Weymouth Organizations: Roll Hall of Fame Locations: Cannes, Venice, Toronto
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
Four decades after it was filmed, “Stop Making Sense,” the Talking Heads concert documentary, is still ecstatic and strange. “It stays kind of relevant, even though it doesn’t make literal sense,” David Byrne, the band’s leader and singer, said in a recent interview. “Stop Making Sense” is both a definitive 1980s period piece and a prophecy. “Sometimes we write things and we don’t know what they’re about until afterwards,” Byrne said. I’ve looked at things I’ve written and I go, ‘Oh.
Persons: ” David Byrne, Jonathan Demme, ” Byrne, , I’ve, Organizations: Toronto
IMAX CEO on 'Taylor Swift: The Eras Tour' hitting the big screen
  + stars: | 2023-09-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIMAX CEO on 'Taylor Swift: The Eras Tour' hitting the big screenRichard Gelfond, IMAX CEO, joins 'Squawk on the Street' to discuss Gelfond's demand expectations for Taylor Swift's tour in theaters, the decision to air the concert in theater instead of streaming, and if the concert film could continue.
Persons: Taylor Swift, Richard Gelfond, Taylor
In less than 24 hours on the market, ticket sales for Taylor Swift's Era Tour concert film have already broken records. "Taylor Swift is giving moviegoing fans and the entire industry the ultimate gift by bringing Taylor Swift Eras Tour concert film to the big screen," said Jerramy Hainline, senior vice president at Fandango Ticketing. AMC Entertainment reported that Thursday ticket sales for Swift's film reached $26 million, a new record for the century-old company. Previously, the highest single-day ticket sales record was held by "Spider-Man: No Way Home" with $16.9 million. Cinema chains told CNBC that most of the Thursday ticket sales were for showings during the concert film's opening weekend.
Persons: Taylor Swift's, Fandango, Taylor Swift, Taylor, Jerramy Hainline, Rich Gelfond, CNBC's, there's, NBCUniversal Organizations: Fandango, AMC Entertainment, CNBC, AMC, Dolby, Hollywood, Warner Bros, Comcast Locations: NBCUniversal
‘Oppenheimer’ Should Leave IMAX Glowing for a While
  + stars: | 2023-08-31 | by ( Dan Gallagher | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones, oppenheimer
Taylor Swift is bringing her “Eras Tour” to a movie theater near you starting this October, the singer announced in an Instagram post Thursday morning. Swift has been on her record-breaking “Eras” tour, her first tour since 2018, since March. The “Eras” tour concert film is likely a welcome announcement for the struggling movie theater industry, which has taken a hit due to the Covid-19 pandemic. The “Blank Space” singer is on the international leg of her “Eras” tour and next heads to Argentina in November. Tickets for “Taylor Swift: The Eras Tour Concert Film” are on sale now at AMCtheaters.com.
Persons: Taylor Swift, it’ll, ” Swift, “ Taylor Swift, Sam Wrench, Billie Eilish, Jennifer Lopez’s “, Swift, she’s Organizations: CNN, North America –, AMC Theaters, Netflix, Ticketmaster, AMC Locations: North America, Los Angeles, United States, Canada, Mexico, Argentina, AMCtheaters.com
The pop star on Thursday announced that the Eras Tour would soon be coming to North American movie theaters in the form of a concert film experience. "The Eras Tour has been the most meaningful, electric experience of my life so far," the 33-year-old posted on X. Moviegoers will have access to their own kind of Eras Tour merch, too. Just like the actual Eras Tour, tickets are selling fast. New York City's largest IMAX theater, which previously housed "Oppenheimer's" 70-millimeter IMAX run, was completely sold out by 9 a.m. Thursday.
Persons: Taylor Swift, she's, it'll, you'll, Warren Buffett Organizations: AMC Locations: American, York
"Barbie" is poised to overtake Super Mario globally after becoming the biggest US movie this year. "Barbie" is Warner Bros.' most successful US release and is about to become its biggest film ever. The Greta Gerwig-directed film about Mattel's plastic doll surpassed "The Super Mario Bros. Movie" domestically with a $575.4 million gross, according to data seen by The Hollywood Reporter and Deadline . Warner Bros./Universal"Barbie" is now Warner Bros'. Nolan's latest three-hour epic has performed very well at the box office, taking almost $725 million, per Box Office Mojo.
Persons: Greta Gerwig, Mario, Barbie, pip Mario, execs, Margot Robbie, Ryan Gosling, Gerwig, Oppenheimer, Christopher Nolan's, Harry Potter, Jennifer Lee, Chris Buck, Noah Baumbach, Matt Winkelmeyer, Robbie, Gosling Organizations: Super Mario, Warner Bros, Mario Bros, Hollywood, Mojo, Variety, Staff, Getty, Australian
Barclays upgrades Grab Holdings to overweight from equal weight Barclays upgraded the Asian ride-hailing and food delivery company after its earnings report earlier this week. " Morgan Stanley upgrades Abercrombie & Fitch to equal weight from underweight Morgan Stanley upgraded the stock after its earnings report on Thursday. Needham reiterates Nvidia as buy After a transfer in analyst coverage, Needham said it's standing by its buy rating on the stock. " Barclays reiterates Ulta as overweight Barclays said Ulta is "best-in-class" after its earnings report on Thursday. Benchmark reiterates Imax as buy Benchmark said it's standing by its buy rating on Imax despite a report of a delay in film releases.
Persons: Baird, Jefferies, Ferrari, Morgan Stanley, Fitch, Piper Sandler, Piper, Needham, it's, Goldman Sachs, Goldman, Ulta, Oppenheimer Organizations: Google, Ferrari, Barclays, JPMorgan, Abercrombie, Citi, Marvel, Western Alliance, Nvidia, NVIDIA, Netflix, Occidental Petroleum, Microsoft, TAM Locations: Southeast Asia, Hollywood, NFLX
Following the massive success of last year's first ever National Cinema Day — which lured more than 8 million moviegoers to theaters with $3 tickets — the National Association of Theater Owners is running it back. This year more than 3,000 theaters are participating in National Cinema Day, inviting audiences to watch movies on Sunday, Aug. 27. So I think most people's hometown theater is going to be participating in National Cinema Day," he says. At $4, the National Cinema Day pricing reflects an 85% discount. Here's everything you need to know about National Cinema Day.
Persons: Tom Cruise's, Bryan Braunlich, Braunlich, Oppenheimer Organizations: National Association of Theater, Cinema Foundation, CNBC Locations: United States, New York City
"Dune: Part Two" has departed the 2023 box office slate amid dual Hollywood labor strikes that threaten its ability to market to the public. Box office analysts have long anticipated that the "Dune" sequel would ditch its 2023 release date amid the Writers Guild of America and Screen Actors Guild strikes. Postponing "Dune: Part Two" might help bolster its box office gains in 2024, but will bite a chunk out of Warner Bros. After the stunning success of "Barbie," and with doubts growing about December's "Aquaman: The Lost Kingdom," "Dune: Part Two" was an important 2023 release for the studio and expected to perform well with audiences. Its predecessor excelled at the box office during the pandemic despite being a day-and-date release on streaming service HBO Max (now just called Max).
Persons: Denis Villeneuve, Christopher Walken, Stellan Skarsgard, Javier Bardem, Josh Brolin, Dave Bautista, Jason Momoa, Timothee Chalamet, Florence Pugh, Austin Butler, Barbie, HBO Max Organizations: Warner Bros ., Legendary Entertainment, Writers Guild of America, Screen Actors Guild, SAG, Alliance, Television Producers, WGA, Twitter, Warner Bros, HBO, Comcast, CNBC Locations: TikTok, NBCUniversal
Opinion: The shattering aftermath in Maui
  + stars: | 2023-08-13 | by ( Richard Galant | ) edition.cnn.com   time to read: +16 min
CNN —The Polynesian demigod Maui was so powerful he could raise islands up from the ocean floor and capture the sun to slow it down. We know Lahaina will be rebuilt, and the government response — city, state and federal — will be a huge part of that. “You can beat the drum of ‘women’s rights’ and defend tooth-and-nail women’s sports, so long as you only do so to denigrate trans women.”For more on the World Cup:Shaista Aziz: This Women’s World Cup has been unlike any other. That’s a great thingAmy Bass: The US loss at the Women’s World Cup sends a clear messageBill Bramhall/Tribune Content AgencyLet’s make a deal? In a country where federal prosecutors overwhelmingly win their cases, Trump’s odds of going to trial and winning both federal cases are slim — and he may face similarly daunting odds in the other cases.
Persons: Bill Weir, Jeff Melichar, ” Clay Jones, Melichar, , Shaw, Naka Nathaniel, Kaua’i “, , ALICE, Lawrence Downes, ” Drew Sheneman, Peter Bergen, Laura Tillman, ” “, David Petraeus, ” Bergen, Tillman, Donald Trump’s, Joe Biden’s, ” Mary Ziegler, ” Ziegler, Roe, Patrick T, Brown, Wade, Kevin McCarthy, Biden, “ Biden, Julian Zelizer, ” Dana Summers, Donald Trump, Podcaster Megyn Kelly, “ I’m, Nicole Hemmer, Megan “ Rapinoe, Kelly, Shaista Aziz, Amy Bass, Bill Bramhall, Will Handelsman, it’s, Trump, William D, Cohan, Puck, David Rubenstein, Scott Galloway, Jill Filipovic, “ Trump, Galloway, pardoning, ” Filipovic, , Jesus, Kelli Rhee, Rhee, ” Don’t, Drew Sheneman, Agency Brian Elmore, Sen, Elizabeth Warren, Adam Kinzinger, Ukraine Aanchal Saraf, Rebecca H, Oppenheimer’s, Joseph, I’ll, Neil J, Holly Thomas, Sara Stewart, “ Oppenheimer, Christopher, “ Barbie, “ Barbie ”, ” Stewart Organizations: CNN, Coast Guard, Honolulu Civil, , Aloha, New York Times, , Agency, UN, Republican, GOP, , Republicans, Democratic, Federal, FIFA, US, National Soccer Team, New York University, Trump, Arnold Ventures, Ukraine Aanchal, Warner Bros . Locations: Maui, Lahaina, Hawaii, Naka, Hilo, Kaua’i, Afghanistan, Afghanistan’s, Kabul, Ohio, California , Vermont, Michigan, Georgia, Trump, Ukraine
Here's which entertainment companies will outperform, according to analysts and industry insiders. Four industry veterans Insider spoke with unanimously agreed that unless the strikes are resolved soon, the movie industry's much-needed revival will fizzle out. In a mid-July note about the movie industry, Reese and Pachter highlighted three theater-related companies that are best positioned to survive in this difficult environment. FuboTV should be a winner since it's a solid alternative for cord cutters who still need news and sports coverage, which aren't impacted by the strikes, Pachter noted. Netflix is perhaps the most fascinating company in the media industry right now.
Persons: Barbie, Oppenheimer, Paul Dergarabedian, Alicia Reese, David A, Gross, Strikes, Reese, Michael Pachter, Dergarabedian, Pachter, Richard Gelfond, JPMorgan's David Karnovsky, Wedbush's Pachter, aren't, it's Organizations: Hollywood, Wedbush Securities, Entertainment Research, Alliance, Television Producers, Consumers, Netflix Locations: Hollywood, creatives
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