Some movie theaters around the world are renting out their screens to gamers to bring in a new revenue stream amid the coronavirus pandemic. The BBC reports: With many cinemas across the country closed due to coronavirus restrictions meaning that they can only open with 50% capacity, and far fewer movies being released to tempt cinemagoers, CGV [South Korea’s largest cinema…
Tag: cinemark
It’s Time for the Movie Studios to Step In To Save the Movie Theaters
M.G. Siegler, former reporter at TechCrunch and now a VC at Google Ventures, writes: […] It seems inevitable at this point that there’s going to need to be a new path forward. And that path may very well be one that looks similar to a path forged at the beginning of the business. That is, studios owning theaters. People will remember…
After ‘No Time To Die’ Postponement, Hundreds of US and UK Movie Theatres Postpone Reopening
An anonymous reader quotes the Hollywood Reporter: Following the delay of more Hollywood tentpoles — including James Bond film No Time to Die — mega-movie theater chain Cineworld is planning to keep all of its locations in the U.K. and the U.S. closed for the time being, The Sunday Times reported on Saturday. The British-based company is the largest circuit in…
California To Allow Movie Theaters To Reopen In Most Counties
California counties, including Los Angeles County, could decide to reopen movie theaters as early as Friday. The Los Angeles Times reports: Each local health officer has the authority to decide whether to move forward with relaxing restrictions on reopening theaters. While the state provides guidance on how businesses can reopen, counties decide when they occur. The new rules would limit the…