Movies in the US are nowhere close to making that kind of money at the box office. When theaters reopened throughout the country in August, a Morning Consult survey of 2,200 US adults found thatThe biggest release during the coronavirus pandemic, Christopher Nolan's "Tenet," opened in North America last month with $20 million, which included advanced screenings.
The theatrical market is so grim that the major chains Cineworld and Regal plan to close all locations in the US and UK on Thursday. AMC Theatres, the world's largest theater chain, and Cinemark. But Jeff Bock, the Exhibitor Relations senior media analyst, thinks that the dominoes will start to fall soon.
"Without major product, the major chains are like cruise ships lost in the Bermuda triangle," Bock said.
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:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Instagram star @MrsDowJones shares an inside look at a day in her life - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Regal Cinemas to close all US theaters, impacting 40,000 employees - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. moose_elsarji JoeyND1023 mcgrane_matt OutDoors_Junkie well there goes Birch St More bad news. I might have to walk to Kroger and buy some OutshineSnacks frozen fruit bars to help keep my spirits up. TimSchroeppel This is sad
Source: BusinessInsider - 🏆 729. / 51 Read more »
Pandemic leads Samsung to cancel pitch for US advertising business - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 🥰
Source: BusinessInsider - 🏆 729. / 51 Read more »
IBM is on the hunt for a 500,000 square foot Manhattan office - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Chaos leads to opportunity
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stocks: Billionaire Ray Dalio says 'everybody is underweight on China' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I'm overweight and it's the only thing working in my portfolio ATM. Everything else is stagnant
Source: BusinessInsider - 🏆 729. / 51 Read more »