Cineworld, the world’s second-biggest cinema chain, is expected to file for administration of its listed entity, Cineworld plc, in the UK as part of its proposed restructuring following Chapter 11 bankruptcy protection in the US. However, the company’s operating companies will continue business as usual without interruption, and the proposed restructuring will transform the group’s
Entertainment
This past weekend saw mixed results for Hollywood as it was a session of holdovers after two major studio movies were released the previous weekend. The Flash, which had initially fallen short of projections, added $26.6M in 78 offshore markets this weekend, experiencing a 59% drop. The Warner Bros/DC deep universe title has now accumulated
Amber Heard’s film, “Into the Fire,” premiered at the Taormina Film Festival on Saturday evening. The film’s director, Conor Allyn, and Italian actor Luca Calvani, who stars as Father Antonio in the movie, sat down with Deadline to discuss their experiences of working with Heard, the film’s messages of breaking down barriers of mental health,
Point Road Productions, the production company led by filmmaker Billy Raftery and NBA legend Grant Hill, has announced a new slate of projects that includes an animated series, a video game, and a sports documentary. The company provides gap financing and development funds and is incubating a slate of socially conscious and character-driven documentaries and
Disney wrapped up the CineEurope event in Barcelona with a presentation of 17 upcoming films. Tony Chambers, Head of Global Theatrical Distribution, began by thanking exhibition for the success of “Avatar: The Way of Water.” James Cameron, the filmmaker behind the Avatar franchise, also sent a message thanking the audience for their partnership and support.
Gravitas Ventures has recently announced its acquisition of the North American rights to Fourth Grade, a comedy movie featuring William Baldwin, Teri Polo, Mena Suvari, and Ben Begley. The movie is set to be released in theaters and on demand in around 10 markets on July 14. The film is written and directed by Marcelo
National CineMedia, an in-theater advertising firm that was founded and is largely owned by the nation’s largest exhibitors, has announced plans for a reverse stock split. The move is intended to boost the price of the company’s shares and avoid delisting by the Nasdaq market as it works through a voluntary Chapter 11 reorganization. The
A submersible, which was set to explore the wreck of the Titanic, has gone missing, according to reports. The United States Coast Guard is leading the search for the submersible. The Coast Guard revealed that there were five crew members in the 21-foot submersible, which went missing on Sunday morning about 24 hours ago. The
The Writers Guild of America’s (WGA) picket lines in the Los Angeles area saw a busy day with various activities and support from unionized teachers, nurses, and members of the Pacific Islander community. The day began with marching picketers enjoying breakfast burritos and coffee while listening to Beyoncé tunes outside Netflix headquarters. The picketing continued
Sirocco and the Kingdom of Air Streams is a fantastic adventure that may be intended for children, but it offers a lot for adult viewers who have always believed in the infinite possibilities of animation. It is a refreshing palate-cleanser from Disney’s narratives, which have been trying to convince viewers that animation has limits. Benoît