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Anthony Dalessandro
NATO Applauds Senate Stimulus Package: “Movie Theaters Can Get Through This Crisis…& Re-Open”
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deadline.comBy Anthony D'Alessandro Editorial Director/Box Office Editor In advance of the Senate’s passage of the $2 trillion relief bill, The National Association of Theatre Owners already is celebrating the agreement as a big win for movie theaters, particularly the $454B loan guarantee fund which will help cinemas get by on their fixed costs as local and state governments force a shutdown out of safety due to the coronavirus over the next few months.
Sources tell me that small mom-and-pop theaters should not be receiving the short end of the stick here in favor of big exhibition.
There are different tiers of distressed industries in the relief package: one that will take care of the big-boy circuits, and another that’s more in favor of the little
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