Spain’s Animayo Ventures Into the Metaverse

Animayo Gran Canaria, Spain’s foremost Canary Islands-based animation festival, is venturing deep into the metaverse with experts in artificial intelligence, virtual reality and Non-Fungible Tokens (NFTs) joining leading voices in animation from major studios, including DreamWorks, Walt Disney, Skydance, Sony Pictures and Platige Image. Some 23 guests will be participating across 14 master classes, three debate panels, three workshops, 10 recruitment sessions and other events at the in-person 17th edition held over May 4-7 in Las Palmas, Gran Canaria.  An online edition is slated to launch in October. “This year the…

Read More
Alamo Drafthouse

Alamo Drafthouse Cinema files for chapter 11

Alamo Drafthouse Cinema, the Texas-based theater chain that has become a favorite with cinephiles for its dine-in service and fan-forward approach to exhibition, has filed for Chapter 11. The bankruptcy filing comes as part of an asset purchase agreement with Altamont Capital Partners, a previous investor in the company, as well as affiliates of Fortress Investment Group, a new backer. The company says that operations will continue as normal and the Chapter 11 process and sale will give it the capital it needs to continue operating as it emerges from…

Read More
Trafalgar Square, London. Photo by Marco Chilese on Unsplash

Survey: Brits won’t rush back, but will return to cinemas if reassured

Only one in five British people say they are willing to go to movie theaters when they first reopen in July, according to new research. However, three out of four say they would want to go back to cinemas eventually, but only after social distancing and rigorous cleaning is apparent. U.K. cinema owners are pinning their hopes on blockbusters like Christopher Nolan’s “Tenet” and Niki Caro’s “Mulan” to kick-start business, with one exhibitor referring to Nolan as “the savior of cinema,” during a webinar on Wednesday about the practicalities of…

Read More