Cinema audience, photo by Krists Luhaers on Unsplash

How the box-office will power back in 2021

As pollyannaish as it sounds, especially as the domestic 2020 box office crumbles to a historic all-time low of $2.27 billion due to the coronavirus pandemic, the global theatrical business is poised for a comeback in 2021. However, it might take a few months. How in God’s name can such a ridiculous projection be forecasted? Entertainment conglomerates, like AT&T, are drunk from launching their own streaming services, with visions of $500-plus share prices dancing in their heads. Also, aren’t more movie theaters expected to close down? As bankruptcy rumors continue…

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Showcase and Odeon frontages. images_ Wikemedia Commons

UK cinema chains Odeon & Showcase plan to reopen in July

EXCLUSIVE UPDATE, 5:45AM: UK exhibitor Odeon Cinemas, which is owned by the Wanda-controlled AMC Theatres, has become the latest chain to confirm it is aiming to re-open its venues in “early July’, depending on evolving government regulations and available movies. An Oden spokesperson told Deadline: “We continue to make good progress in our plans for reopening cinemas in the UK and across Europe. We are working closely with national cinema associations and governments as we introduce additional health and safety protocols across all of our sites. “These new protocols have…

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Cinema in Hangzhou Binjiang, China (image: Wikimedia Commons)

China: national film bureau orders all cinemas to re-close

DEADLINE EXCLUSIVE: China is re-shuttering all of its cinemas nationwide as it continues to battle coronavirus, according to Deadline sources. The country’s national film bureau has contacted all exhibitors today saying that venues must be closed again, with no immediate timeframe for re-opening. The news has begun to spread across popular social media service Weibo. This weekend, a ray of light seemed to be shining from the Middle Kingdom when more than 500 cinemas re-opened their doors to the public after being closed since late January (though largely no one turned up). That represented…

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