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CINEMARK PLANS TO RE-OPEN ITS MOVIE THEATERS ON JULY, 1st 16 APR 2020

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CINEMARK PLANS TO RE-OPEN ITS MOVIE THEATERS ON JULY, 1st

The company will ramp up employees two week prior to opening and take precautionary measures, such as social distancing and spacing limitations. It plans to issue $250 million worth of debt securities for general corporate purposes and to increase liquidity, seek relief from landlords, and receive a $20 million cash tax refund and funds from the $2 trillion CARES Act.
AMC THEATERS LIKELY TO FILE FOR BANKRUPTCY AMID COVID-19 OUTBREAK 10 APR 2020

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AMC THEATERS LIKELY TO FILE FOR BANKRUPTCY AMID COVID-19 OUTBREAK

The company gathered roughly $5 billion in debt at the end of 2019 and $149 million in losses. Now it has had to furlough 24,000 employees, including its CEO, Adam Aron.
“MIRACLE IN CELL NO. 7” IS INTER MEDYA’S NEWEST MOVIE 6 APR 2020

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“MIRACLE IN CELL NO. 7” IS INTER MEDYA’S NEWEST MOVIE

The latest addition to the company’s feature film catalogue was first released in Turkish theaters on October 11, 2019, and instantly became a box office smash hit.
"WE WISH TO MEET OUR CUSTOMERS AT THE TRADE FAIRS AGAIN" 24 MAR 2020

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"WE WISH TO MEET OUR CUSTOMERS AT THE TRADE FAIRS AGAIN"

Franco di Sarro, Nexo Digital CEO and founder expressed his desire to overcome the coronavirus pandemic as soon as possible and to meet his clients in international markets and that people return to theaters.
UNIVERSAL PICTURES WILL RELEASE MOVIES ON VOD ON SAME DAY AS THEATRE RELEASE 18 MAR 2020

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UNIVERSAL PICTURES WILL RELEASE MOVIES ON VOD ON SAME DAY AS THEATRE RELEASE

Starting on the 10th of April with the “Trolls World Tour” release, each movie will be offered for a 48-hour rental period for the price of $19.99 in the U.S.. The films will be available for rental on iTunes, Amazon, and other digital platforms.