That enthusiasm was short-lived, stifled when Mr. Sarandos emphasized his commitment to streaming during last month’s earnings call.Some of the large exhibitors were considering backing out of the deal after […]
Aron, Adam M
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Back to news homeMovie Theaters Had a Great Summer. But There’s a Plot Twist.
The hits just keep on coming. But not the ones movie theaters need.Unwelcome forces — Netflix, 50-inch TVs, the coronavirus pandemic — have buffeted cinemas for years. Now, staggering debt […]
‘It’s Magic What We Do.’ Movie Theaters Get Starry-Eyed Once More.
Cinemark, for instance, lost $208 million in the first quarter of 2021. Yet, “Today I am pleased to report that we are now actively on the road to recovery,” the […]
Can a Brash Executive in Kansas Save Movie Theaters?
Most of the time, the 116-year-old movie theater business is rather humdrum.Tickets get sold. Images get projected onto screens, sometimes in 3-D. Every now and then, change-phobic cinema operators get […]