Georgia Gov. Brian Kemp will allow movie theaters in his state to reopen starting April 27, but it’s not looking like that many will. Major theater chains like AMC and Cinemark aren’t going to be able to flick a switch and open their doors for business, Eric Wold, analyst at B. Riley FBR Research, wrote […]
The National Association of Theatre Owners has offered its praise to Saudi Arabia after the kingdom confirmed today that it would lift a 35-year ban on public cinemas. NATOalso revealed that a delegation from the trade group led by President and CEO John Fithian has been in Riyadh during the past week meeting with various government officials in anticipation of the announcement. READ […]
Saudi Arabia said Monday that it would allow cinemas to operate in the strictly conservative kingdom for the first time in decades, in the latest sign of a broader government push to relax some social restrictions. In a statement, the Saudi Ministry of Culture and Information said the process of licensing commercial movie theaters — […]
U.K. cinema giant Cineworld has reached an agreement to acquire U.S. sector powerhouse Regal Entertainment Group for $3.6 billion. The deal will “create a globally diversified cinema operator across 10 countries and allow Cineworld to access the attractive North American cinema market,” with Regal getting a chance to look for a better offer. Cineworld will pay […]