Imax faced a decline in revenue and profit during the last quarter, despite surpassing Wall Street estimates. The company cited a surge in global box office in June as well as a significant boost from the sale of its original documentary, The Blue Angels, to Amazon. Sales declined by 9% to $89 million for the
Box Office
The giant theater chain AMC Entertainment recently reported a loss in the second quarter as revenue took a hit. The company cited fewer films hitting screens as a result of the Hollywood actors and writers strikes as the primary reason for the decline. The total revenues for the quarter ended June 30 fell to just
Regency’s iconic Westwood Village and Bruin theaters are set to close this week as their leases come to an end. The last day of operation for both theaters is scheduled for July 25th. Regency Theatres President Lyndon Golin expressed gratitude towards the Hollywood community and patrons who have supported these historic landmarks over the past
Hollywood has long faced criticism for not catering to the moviegoing audience in the middle and southern part of the U.S. However, the recent success of Universal, Warner Bros., and Amblin’s reboot of Twisters shows that there is indeed a market in these regions. The movie opened to an impressive $80M, surpassing its $50M+ forecast
The reboot of the 1996 Amblin feature film, Twisters, has proven to be a promising success at the box office. With an impressive $7 million in preview earnings from fan Imax/PLF showings on Wednesday night and early previews on Thursday, the film is off to a strong start. Initial reviews and audience responses for the
Twisters, the latest installment in the Amblin-produced, Michael Crichton co-written franchise, has made quite the impact at the U.S. and Canada box office. With a whopping $50M in earnings from Friday-Sunday, it has surpassed the start of the original 1996 movie which only brought in $41M. Additionally, Twisters has already accumulated $12.5M from 38 international
Greta Gerwig, the talented Barbie filmmaker, has been selected as the recipient of the prestigious 2024 Pioneer of the Year Award. This honor will be presented to her at a special ceremony on September 25th at the Beverly Hilton by the Will Rogers Motion Picture Pioneers Foundation (WRMPPF). The Pioneer of the Year Award is
NEON’s latest release, Longlegs, has taken the box office by storm with an astounding $2.5M-$3M in previews. This unexpected success has set the bar high for the specialty distributor, surpassing previous Thursday night previews for their films. The anticipation around the film has led to speculation of a $10M-$15M opening, potentially outshining other major releases
The highly-anticipated release of Kevin Costner’s Horizon: An American Saga – Chapter 2 has been delayed from its original date of August 16. This decision comes in the wake of the disappointing performance of Chapter 1 at the box office over the July 4th weekend. Despite the film’s target audience of 50+, who are known
Sony is aiming to attract the underserved female moviegoing audience this weekend with their latest release, Apple Original Films’ romantic comedy, Fly Me to the Moon. Starring A-list actors Channing Tatum and Scarlett Johansson, this PG-13 film follows the story of a determined ad exec who finds herself involved in a NASA mission to create