MoviePass’ resurrection will face old problems and new rivals

MoviePass, the movie theater ticket service that surged in popularity in 2017 and stepped in with bankruptcy protection two years later, is looking to restart Hollywood. Co-founder Stacey Spikes regained ownership of the company on Wednesday after a New York Southern District bankruptcy court judge approved the sale on Monday. Spikes said the company is … Read more

AMC’s profitability hangs on the domestic box office topping $2 billion in Q4

AMC Theater is photographed in Times Square in the Manhattan borough of New York City, New York, June 2, 2021. Carlo Allegri | Reuters AMC Entertainment has set a new, more achievable goal for the domestic box office for 2021 in pursuit of a profitable fourth quarter. The movie theater chain said Monday that if … Read more

2021’s U.S. box office trails 2019’s movie ticket sales by 70%

Just two months before the end of the year, the coronavirus pandemic still looms large over the film industry. Ticket sales in 2021 have already surpassed the paltry box office of 2020. But sales are still 70% behind the 2019 sales of $11.4 billion. As of Sunday, the domestic box office has generated $2.84 billion … Read more