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Coronavirus Movie Theatre Reopening Thread | Release Date Changes/Production News | Theaters are dead. Long live streaming!

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6 minutes ago, El Squibbonator said:

So with theaters tentatively reopening, how long do you think it'll be before theatrical movie grosses reach pre-2020 levels again? You know, when we start getting $50-million-plus opening weekends and $1-billion-plus worldwide grosses on a regular basis? 

never, there may still be a couple billion dollar films a year if China likes it. Maybe Cameron will save cinemas , stay tuned.

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20 minutes ago, El Squibbonator said:

So with theaters tentatively reopening, how long do you think it'll be before theatrical movie grosses reach pre-2020 levels again? You know, when we start getting $50-million-plus opening weekends and $1-billion-plus worldwide grosses on a regular basis? 

May and October respectively

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24 minutes ago, El Squibbonator said:

So with theaters tentatively reopening, how long do you think it'll be before theatrical movie grosses reach pre-2020 levels again? You know, when we start getting $50-million-plus opening weekends and $1-billion-plus worldwide grosses on a regular basis? 

 

I hope I am wrong but I think you will see an ongoing 15-20% drop from 2019 levels.  There has just been no indication at all that people will go to a theater to go to a theater.  When areas open up Bars and indoor dining there is a noticeable uptick in revenue and people are going out.  That just has not happened at all with theaters.  A market opens up or re-closes and you just don't see it at all in the box office numbers.  Sure only a few mostly WB movies have come out but you would expect to see something.

 

COVID hit at a horrible time for theaters.  Avengers basically ended and there is not a mega Marvel movie on deck.  This gives people a jumping off point for the need to rush out to theaters to see them.  You combine that with their ability to get their Marvel fix on D+ right on the coach.  You also have other big franchises that have recently ended like Star Wars and if they need their fix they have the more critically acclaimed TV show to watch on D+.

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On that train of thought, do you think there's ever going to be another multi-billion dollar theatrical movie franchise on the same scale as Marvel and Star Wars? If so, what might it be? Universal still has the Jurassic Park and The Fast and The Furious series, but those won't last forever either. 

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3 hours ago, El Squibbonator said:

So with theaters tentatively reopening, how long do you think it'll be before theatrical movie grosses reach pre-2020 levels again? You know, when we start getting $50-million-plus opening weekends and $1-billion-plus worldwide grosses on a regular basis? 

 

6-9 months to get back to near 2019 levels. Although I expect all of these major pushes for DTC services will inevitably effect the box office, one way or another. 

 

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Got my COVID vouchers today from the NSW government. 2 x $25 dining and 2 x  $25 activity vouchers. The activity ones can be used at the cinemas. I might save 1 for Black Widow. 

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So, some confirmed theater contraction from 2020 from the biggies...

 

"Part of AMC’s financial strategy in 2020 was to permanently close 60 less-profitable cinemas, 48 in the U.S. and 12 internationally."

 

https://www.boxofficepro.com/amc-q4-2020-earnings-report/

 

They say they still have 600 domestic locations at EOY 2020, so that would have put them at 648 DOM locations at EOY 2019, so their permanent closures so far represent about 7.5% of their chain (48/648).  We'll see if that number grows or stays put in 2021.

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2 hours ago, TwoMisfits said:

So, some confirmed theater contraction from 2020 from the biggies...

 

"Part of AMC’s financial strategy in 2020 was to permanently close 60 less-profitable cinemas, 48 in the U.S. and 12 internationally."

 

https://www.boxofficepro.com/amc-q4-2020-earnings-report/

 

They say they still have 600 domestic locations at EOY 2020, so that would have put them at 648 DOM locations at EOY 2019, so their permanent closures so far represent about 7.5% of their chain (48/648).  We'll see if that number grows or stays put in 2021.

Honestly.....

 

I think they are underestimating that. I bet we see a hundred locations close. For the life of me I can't understand why they didn't go through bankruptcy to reorganize the debt. I guess they are hoping that more reddit people treat this as a meme stock investment kind of similar to GameStop. AMC has no problem diluting further shares by 90% if they get extra money for it. 

 

still in my opinion they're putting themselves in a dangerous situation in the future when they could have used this situation to take advantage of reorganizing debt like Alamo Drafthouse did

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Release Calendar Update :-

 

Quick Update - a few things moved around but black widow still holding.,.....

 

Upcoming Releases - Changes due to COVID

** Changes in bold

[] = Pre-COVID release month.

Orange = PVOD / streaming - either day or date or exclusive

[Refer to the first post in this thread for previously released films, every update i'll remove those listed below released in the prior post]

 

Released 02-26-2021 [March 2021] - Tom and Jerry (Warner Bros)

Released 03-04-2021 *CBS All Access* [July 2020] - The Spongebob Movie: Sponge on the Run *Released 2020-08-14 in Canada*

Released 03-05-2021 [January 2021] - Chaos Walking (Lionsgate)

Released 03-05-2021 - Boogie (Focus)

Released 03-05-2021 [March 12, 2021] - Raya and the Last Dragon (Disney) *Disney+ Premium (Day & Date)*

Released 03-05-2021 *Amazon Prime* [December 2020] - Coming 2 America (Paramount) 

 

March 19, 2021 [February 2021] - The Courier (Roadside)

March 26, 2021 [August 2020 -> February 2021 -> April 2, 2021 ] - Nobody (Universal)

March 31, 2021 [November 2020 -> May 2021] - Godzilla vs. Kong (Warner Bros) *HBO Max (Day & Date)*

 

April 9, 2021 [November, 2020 -> TBC 2021] - Voyagers (Lionsgate)

April 16, 2021 [January 2020] - Mortal Kombat (Warner Bros)

April 23, 2021 - The Asset (Lionsgate)

 

May 7, 2021 [May 2020] - Black Widow (Disney)

May 14, 2021 [April 2020 -> April 2, 2021 -> June 11, 2021] - Peter Rabbit 2: The Runaway (Sony)

May 14, 2021 - Those that wish me Dead (Warner Bros)

May 14, 2021 [April 2021] - Finding you (Roadside)

May 21, 2021 [July 2020 -> December 2020 -> TBC 2021] - Free Guy (Fox)

May 21, 2021 - Spiral (Lionsgate)

May 28, 2021 - Cruella (Disney)

May 28, 2021 [September 2020 -> April 23, 2021 -> September 17, 2021] - A Quiet Place Part II (Paramount)

 

Other Changes beyond May 2021

The Conjuring: The Devel made me do it (Warner Bros) - September 2020 -> June 4, 2021 *HBO Max (Day & Date)*

Samaritan (United Artists) - November 2020 -> June 4, 2021

June, 18 [April 2021] *Netflix* - Fatherhood (Sony)

June 25, 2021 [April 2020 -> May 28, 2021] - F9 (Universal)

 

Top Gun: Maverick - December 2020 -> July 2, 2021

The Forever Purge - Removed -> July 9, 2021

Shang-Chi and the Legend of the Ten Rings (Disney) - February 2021 ->  May 7, 2021 -> July 9, 2021

Cinderalla (Sony) - February 5, 2021 -> July 16, 2021

Deep Water (Fox) - November 2020 -> August 13, 2021

Don't Breathe Sequel - -> August 13, 2021

Respect - December 2020 -> August 13, 2021

BIOS (Universal) - April 2021 -> August 13, 2021

The King's Man (Fox) - March 12, 2021 [September 2020] -> August 20, 2021

Candyman (Universal) - October 2020 -> August 27, 2021

Death on the Nile (Fox) - October 2020 -> December 2020 -> TBC 2021 -> September 17, 2021

The Boss Baby: Family Business (Universal) - March 2021 -> September 17, 2021

Infinite (Paramount) - May 28, 2021 -> September 24, 2021

 

No Time to Die (MGM) - April 2020 -> April 2021 -> October 8, 2021

The Last Duel - December 2020 -> October 15, 2021

Halloween Kills (Universal) - October 2020 -> October 15, 2021

Snake Eyes: GI Joe Origins (Paramount) - October 2020 -> October 22, 2021

Last night in Soho (Focus) - April 2021 -> October 22, 2021

Dune (Warner Bros) - December 18, 2020 -> October 1, 2021 *HBO Max (Day & Date)*

Clifford and Big Red Dog (Paramount) - November 2020 -> November 5, 2021

The Eternals (Disney) - November 2020 ->  November 5, 2021

Ghostbusters: Afterlife (Sony) - July 2020 -> June 2021 -> November 11, 2021

West Side Story (Fox) - December 2020 -> December 10, 2021

Spider-Man: No Way Home (Sony) - July 2021 -> December 17, 2021

The Matrix 4 (Warner Bros) - April 1, 2022 -> December 22, 2021

 

Stillwater (Focus) - November 2020 -> TBC 2020 -> TBC 2021

Connected (Sony) - September 2020 -> TBC 2020 -> TBC 2021

The Comeback Trail (Cloudburst) - November 2020 -> TBC 2021

The Devil's Light - January 2020 -> January 2021 -> TBC 2021

Everybody's Talking About Jamie (Fox) - October 2020 -> February 26, 2021 -> TBC 2021

The Bad Guys (Universal) - September 2021 -> TBC 2021

Bob's Burgers: The Movie (Fox) - April 2021 -> TBC 2021

Final Account May 2021 -> TBC 2021

TBC, 2021 [March 2021] - The unbearable Weight of Massive Talent (Lionsgaste)

 

Escape Room 2 (Sony) - April, 2020 -> TBC, 2021 -> January 7, 2022

Morbius (Columbia) - March 2021 -> October 8, 2021 -> January 21, 2022

What about love (JPLSD) - February 12, 2021 -> February 11, 2022

Uncharted (Sony) - July 2021 -> February 11, 2022

Marry Me (Universal) - May 14, 2021 -> February 11, 2022

Rumble (Paramount) - January 2020 -> May 14, 2021 -> February 18, 2022

The Batman (Warner Bros) - October 1, 2021 -> March 4, 2022

Doctor Strange and the Multiverse of Madness - May 2021 -> March 25, 2022

Lost City of D (Paramount) - April 15, 2022

Thor: Love and Thunder (Disney) - November 2021 -> February 11, 2022 -> May 6, 2022

Untitled Elvis Presley Project (Warner Bros) - November 2021 -> June 3, 2022

Jurassic World: Dominion (Universal) - June 11, 2021 -> June 10, 2022

Minions: The Rise of Gru (Universal) - July 2, 2021 -> July 1, 2022

Blank Panther II (Disney) - May 2022 -> July 8, 2022

Untitled WB Event Film ?? (Warner Bros) - April 15, 2022 -> August 5, 2022

Captain Marvel II (Disney) - July 2022 -> November 11, 2022

Legally Blonde 3 - May 2020 -> May 20, 2022

Halloween Ends (Universal) - October 2021 -> October 14, 2022

Ron's Gone Wrong (Fox) - April 2021 -> October 22, 2022

Bablyon (Paramount) - January 2022 -> January 6, 2023

Shazam! Fury of the Gods (Warner Bros) - November 4, 2022 -> June 2, 2023

 

Nimona (Fox) - January 14, 2022 -> TBC 2022

Fantastic Beasts 3 - November 2021 -> TBC 2022

Tomb Raider 2 - March 2021 -> TBC 2022

Black Adam (Warner Bros) - December 22, 2021 -> TBC 2022

Minecraft (Warner Bros) - March 4, 2022 -> TBC 2022+

Fast & Furious 10 (Universal) - April 2021 -> TBC 2022

Avatar Sequels Delayed by 12 months

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https://www.cinemablend.com/news/2564224/los-angeles-movie-theaters-finally-have-a-reopening-date

 

Since Los Angeles County moved from the red to purple tier this week, California Governor Gavin Newsom has eased COVID-19 guidelines, allowing movie theaters to open next weekend starting next Friday, March 19. Theaters will allow for movie showings with health restrictions in place and a capacity limited to 25%

 

https://deadline.com/2021/03/los-angeles-movie-theaters-reopening-amc-cinemark-tcl-chinese-theater-cinerama-dome-1234712692/

Cinemark Turning On Long Beach Projectors Saturday; AMC Reopening Burbank & Century City On Monday

 

This looking good for massive GvK opening

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Japanese box office phenomenon Demon Slayer – Kimetsu No Yaiba – The Movie: Mugen Train has been set for a North American theatrical release on April 23.

 

The long-anticipated U.S. and Canada release will be R-rated and will include 4DX and an IMAX component. It will be available in both dubbed and subtitled versions. Advance tickets go on sale April 9 via Funimation’s website.

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45 minutes ago, Krissykins said:

UK and Scotland cinemas reopen on 17th May. 
 

Finally! 

Why they waited this long when their covid-situation lately was actually much better than a lot of places? This cause GvK to miss UK opening

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California tiers just updated. LA’s adjusted case rate is 4.1, so it just slightly missed the 3.9 needed for orange tier. Presumably it will be below 4 on the 23rd, and again on the 30th, moving into orange (50%) on GvK’s OD. Not sure how they will handle that in terms of PS. 
 

Orange County has a much steeper improvement in % terms, moving from 6.0 ACR last week to... 4.0! It missed the cutoff by 0.1 and will also presumably move to orange tier on GvK OD. 
 

For a few more selected counties of interest, Sacramento moved from 9.5 to 8.0 and will be red until mid-late April at least. Then in the Bay Area, San Mateo County has moved to orange tier, with San Francisco to follow next week. Alameda, Santa Clara, Santa Cruz, and Marin will likely move orange on GvK OD. Contra Costa is lagging behind and will stay red until likely early-mid April.

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With those .1 and .2 cutoff misses, there’s almost no chance imo that Regal will open for GvK. I think it will be back in time for Mortal Kombat and Demon Slayer though.

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So this is potentially a dumb question, but I haven't been paying enough attention to actually have an informed opinion.  Has all the "meme stock" silliness (as well as more established elements of Wall Street taking advantage of swings in "meme stocks") actually helped AMC at all?  Are they as in much danger of going belly-up as they were last year?  Or did whatever suits that run the business actually manage to use some of swings in stock movements to help the company at all?

 

I'm under no illusion that some/many AMC locations won't reopen when all is said and done.  Just curious whether or not they've actually been helped at all throughout all of this, or if it was more of a wash (or even detriment if the instability is harming long term strategies).

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27 minutes ago, Porthos said:

So this is potentially a dumb question, but I haven't been paying enough attention to actually have an informed opinion.  Has all the "meme stock" silliness (as well as more established elements of Wall Street taking advantage of swings in "meme stocks") actually helped AMC at all?  Are they as in much danger of going belly-up as they were last year?  Or did whatever suits that run the business actually manage to use some of swings in stock movements to help the company at all?

 

I'm under no illusion that some/many AMC locations won't reopen when all is said and done.  Just curious whether or not they've actually been helped at all throughout all of this, or if it was more of a wash (or even detriment if the instability is harming long term strategies).


I believe they were able to raise over $300 million by selling some stock during the big spikes. 

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17 hours ago, Borobudur said:

Why they waited this long when their covid-situation lately was actually much better than a lot of places? This cause GvK to miss UK opening

No indoor hospitality is opening until that date. Drive Ins are opening April 12th, and some will be showing GvK, but we were never a main market for that anyway. 

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