The 2020 theatrical release calendar is getting even slimmer in the wake of the announcement that Regal cinemas are temporarily closing, although AMC, North America’s largest theater chain, says it will remain open.
Warner Bros. said late Monday that its sci-fi pic “Dune” will now open in October 2021, instead of this December. The studio also pushed back “The Batman” to March 2022 and moved up its “Matrix” sequel to Dec. 2021. Read More
Movie theater chain AMC warned Wednesday that it may not survive the coronavirus pandemic, which has shuttered its theaters and led film studios to explore releasing more movies directly to viewers over the internet.
All of AMC’s theaters are shut down through June, which means the company isn’t generating any revenue. AMC said it had enough cash to reopen its theaters this summer, as it plans to do. But if it’s not allowed to reopen, it will need more money, which it may not be able to borrow. Read More