Naman Ramachandran When all 1,180 screens across Cineworld and Picturehouse’s cinemas in the U.K. and Ireland shutter from Friday, they will wipe out a third of potential box office revenue for distributors.
On top of Odeon’s plans for weekend-only operations in a quarter of its movie theaters, the outlook may appear bleak for cinema-going in the U.K.
But as the dust settles, numerous distributors tell Variety that the exhibition crisis won’t hinder their release plans, even though the temporary loss of Cineworld will make an undeniable dent in revenues.“In the past three months, we’ve been incredibly proactive in the theatrical space and released six films that have a combined gross box office of over £2.5 million [$3.2 million],” Rupert.
Read more on variety.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.