Universal Pictures and the AMC cinema group, which owns Odeon in the UK, have come to a historic agreement to shorten the length of time movies can play exclusively in the cinema.
Staff at Cineworld are petitioning the owners of the chain for customers to wear masks when venues re-open in July.
AMC Entertainment reported a whopping $2.2 billion loss in the first quarter on Tuesday, the result of the global theatrical shutdown. In a statement, the company said it is focused on its liquidity as it looks to fully reopen worldwide in July. "These are truly unprecedented times," CEO Adam Aron said. "We are confident we […]
The retail and streaming giant is said to be circling the acquisition of the AMC chain of theatres in the US, the parent company of Odeon in the UK.
Cinema chains are to propose a reopening of venues across the country by the end of June, according to the official body representing the industry in the UK.
The owner of Odeon cinemas has vowed that the chain will no longer screen films by the Universal studio, after it broke ranks and released the new Trolls movie to streaming platforms.