The troubled industry got yet another dose of bad news over the weekend.
News & Analysis: Cineworld Group
Reports that Regal Cinemas is going dark may trigger a domino effect.
The country's movie theaters gear up for what will be their biggest weekend in months. "Tenet" is a palindrome, but so is dud.
The country's movie theaters sold less than $7 million in tickets in their first weekend back of wide availability. The popcorn has gone stale.
A potentially dilutive debt offering drowns optimism over a grand reopening.
You may be tempted to yell "fire sale" in a crowded collection of multiplex operators, but history isn't kind for a weak platform with weak product in a weak economy.
With coronavirus concerns scaring off customers and movie studios pushing out releases, the already weak multiplex industry is in for a world of hurt.
Alas, poor MoviePass. We knew it well. AMC, Cinemark, and Cineworld hope their sequel alternatives are anything but tragedies.
Big players are crashing the party, but that's just one of the reasons MoviePass is shutting down this weekend.
The rollout of Regal Unlimited, a year after AMC Stubs A-List, seems to make Helios and Matheson's currently suspended MoviePass app obsolete.