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Hopes for a Stimulus Deal Fade as Theaters Seek Multibillion Dollar Bailout

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variety.com

Gene Maddaus Senior Media WriterHopes for a COVID relief bill during the lame duck session of Congress are already fading, as House and Senate leaders dug into their positions on Thursday.Speaker Nancy Pelosi is holding to a demand for a $2.2 trillion package, while Senate Majority Leader Mitch McConnell has dismissed that figure as far too high.

Though it remains possible that the two sides could negotiate a deal, the window that opened just after the election appears already to have closed.“We’re at that same place, even more so,” Pelosi said at a press conference on Thursday.The movie theater industry is counting on a relief package that could include $15 billion for live event venues and smaller theater chains.

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