Movie Business Leaders Urge Congress to Fund Theater Bailout

  • 📰 Variety
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Leaders of the nation’s movie theater business, which has been hammered by the COVID-19 pandemic, are urging Congress to provide bailout funds so the industry can survive. The letter urges Se…

The letter urges Senate Majority Leader Mitch McConnell, House Speaker Nancy Pelosi, Senate Democratic Leader Chuck Schumer, and House Republican Leader Kevin McCarthy to redirect unallocated funds from the CARES Act to proposals that help businesses that have suffered the steepest revenue drops due to the pandemic. The National Association of Theatre Owners, the

Evan Goldberg, Barry Jenkins, Patty Jenkins, Ang Lee, Sam Mendes, Steve McQueen, Christopher Nolan, David O. Russell, COVID-19 relief legislation, we ask you to prioritize assistance for the hardest-hit industries, like our country’s beloved movie theaters.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Problem was there was no plan no strategy behind the reopening, soon as cinemas shut in March all films release dates should have been TBC and exhibitors and studios made a reopening plan consisting of a slate of films, the problem as always exhibitors are reactive not proactive

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 108. in BUSİNESS

Business Business Latest News, Business Business Headlines