Articles by tag: cinema
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Recognizing the Value of the Skilled Trades
People value skilled trades for the everyday necessities they bring to life. From plumbing to electrical, machinists, and construction, trades play a vital role worldwide. They make the world happen. Unfortunately, there is a growing gap in the skilled trades workforce, despite high wages, employer-funded training, readily available positions, and the opportunity to apply […]
Inflation Rates Ease, But Long-Term Contracts Keep Prices High
With inflation rates easing and shipping costs dropping along with several commodities (not eggs), consumers may be wondering why they haven’t seen a noticeable price difference yet. Blame it on supplier contracts. A typical procurement practice is shoring up supplier contracts in advance, which means prices could hold for several months. The longer high prices […]
The Trend of Procuring Online Education Intervention Solutions
Education systems that have taken a metered approach towards spending for instruction materials are also using this methodology to procure online education intervention solutions. Estimates put the overall global Online Tutoring Market at 6.52 Billion in 2021, and experts believe that number could reach over 19 Billion a year by 2030. And while online […]
‘Black Panther: Wakanda Forever’ Box Office Success Reflects Power of MCU, Not the Movie Theater Experience
“Black Panther: Wakanda Forever” is not only already a critical success, but has continued to exceed expectations at the box office domestically and abroad, setting opening weekend records. On its debut weekend in early November, “Wakanda Forever” grossed $180 million, destroying the previous record holder for stronger November opening in North America, “The Hunger Games: […]
Los Angeles Film & TV Production Hits Rock Bottom During Pandemic
More data has been released regarding how the Los Angeles film market has adjusted to the pandemic, and, though, there are some signs of life and reasons for hope, the numbers are not good. Reporting out of Hollywood Reporter said that non-profit benefit and research organization for the greater LA media economy, FilmLA, recently […]
AMC Working to Avoid Bankruptcy as COVID Slowdown Continues
Theater chain AMC, already in debt due to luxury upgrades to its theaters prior to the onset of the COVID-19 pandemic, is still desperate for cash. It’s projected that the chain will need $750 million to hit its 2021 cash requirements, meaning an influx of more than $100 million in December and an attempt […]
AMC Launches New Private Rental Program to Drive Business
The Entertainment industry has been particularly hard hit by the pandemic, and still struggles today as large crowds continue to be dangerous environments. In search of additional sources of liquidity, AMC Theaters launches a private theater rental option for parties of 20 or less. According to an interview by Variety, the concept’s initial beta testing […]
Film Studios Can Run Their Own Movie Theaters. Now What?
A New York federal judge has officially granted a motion by the U.S. Department of Justice to end the Paramount Consent Decrees, an existing regulation preventing film studios from owning their own cinemas in the interest of preventing a movie-industry monopoly. To discuss the potential fallout of this decision, host Daniel Litwin was joined by […]
Cinemark CEO Doesn’t Thinks AMC’s Release Deal Will Disrupt Exhibition Ecosystem: Business Casual
Powered by RedCircle Since the coronavirus pandemic swept the globe, movie theaters have had to shut their doors. As a result, theaters are taking a second look at their relationship with production companies. For AMC and Universal, that means shortening the time a film is in theaters, and sharing the revenue once it turns to […]
What the Film Industry Thinks About AMC’s New Release Timeline
Filmocracy Co-Founder and CEO Paul Jun and iHeartRadio’s Kyle McMahon tackle AMC and Universal’s new, 17-day timeline for films to head to video-on-demand – and how it might send waves throughout the rest of the movie industry. Though AMC and Universal reserve the right to extend films’ stay in theaters, this new, shortened timeline gives […]
What Could Happen if Film Studios Owned Their Own Theaters: Ratified
On this episode of Ratified, MarketScale’s podcast on the intersection of policy and business, Voice of B2B Daniel Litwin takes a trip back in time – and to the modern-day legal battleground emerging under President Trump’s DOJ – to examine the 1948 Paramount Decision. To get you up to speed, that 1948 decision by […]