Latest news with #movieindustry
Bloomberg
16-07-2025
- Business
- Bloomberg
Cinemas Weigh Launching New Large Screen Brand to Challenge Imax
Some of the largest US theater chains, including Cinemark, Regal and Marcus, have held preliminary talks about jointly marketing their big-screen theaters to blunt the growing influence of Imax Corp. within the movie industry and the public, according to people familiar with the matter. The talks so far have focused on setting shared standards for the chains' 'premium large-format' theaters to better compete with Imax's giant screens, said the people, who asked not to be identified because the talks are private. The chains have a number of options, the people said. One is to unite around a new brand name for their premium format. Another would be to keep their premium brands and add an industrywide designation that would act a stamp of approval for their locations. It's also possible they do nothing and maintain their current ties with Imax. Some chains are alarmed by the growing presence of Imax in Hollywood advertising — including posters in their own lobbies that feature the brand as prominently as movie titles. Imax licenses its technology to theaters and has about 372 US locations — a fraction of the screens nationwide. Yet it consistently generates more than 10% of the box office for blockbusters.
New York Times
05-07-2025
- Entertainment
- New York Times
Brad Pitt, Whom So Proudly We Hail
So many norms and institutions are broken in these too-often-divided United States. But as we celebrate our nation's 249th birthday, let's also salute one thing that still works: Brad Pitt. Conventional Hollywood wisdom has it that movie stardom is a thing of the past. Of course there are still famous performers who are paid a ton of money to act onscreen, but their hold on audiences has waned. Previous generations of movie fans would turn out for the new Bette Davis picture or the new Clint Eastwood or the new Julia Roberts, the highly paid star serving as a reliable brand, a sexier version of Kellogg's. Contemporary audiences are thought to be more readily drawn to franchises; it's the role, the underlying intellectual property, that has currency now, not the actor. As Anthony Mackie, who plays The Falcon in the Marvel Cinematic Universe, put it somewhat morosely several years ago: 'Anthony Mackie isn't a movie star; The Falcon is a movie star.' Or maybe neither is? Mr. Mackie and The Falcon sputtered to a disappointing (by Marvel standards) $200 million gross for their February release of 'Captain America: Brave New World.' But the actor's larger point has been borne out: The two movies with far and away the biggest domestic grosses so far this year, each at well over $400 million, are 'A Minecraft Movie,' based on a video game, and 'Lilo & Stitch,' a live-action remake of a 23-year-old Disney animated film. The latter picture had a cast largely of unknowns, unless you count voices of Zach Galifianakis and Courtney B. Vance, used for CGI characters. The former picture's grosses weren't hurt by casting Jack Black and Jason Momoa, but the primacy of the underlying I.P. is attested to by the very title: The producers didn't need to call it 'The Minecraft Movie.' The indefinite article — this could be any old Minecraft movie — was enough. Anyway, I'm not here to dispute conventional wisdom. I'm here to celebrate the old-school triumph of 'F1: The Movie,' the Brad Pitt racecar vehicle (sort of literally) that debuted last weekend with upwards of $145 million at the worldwide box office, the best opening of Mr. Pitt's career. True, there's underlying I.P. here, too: F1 is Formula 1; the title is even trademarked. But this is a sport way down on most viewers' lists. The sell here is Brad Pitt in a fast car. Vroom! Pedal to the metal! The carbon footprint is all-American! I wouldn't say the success is all on Mr. Pitt: The race sequences are genuinely thrilling. But the surprise of 'F1' is that it's a rare contemporary movie that knows how to use a movie star, and Mr. Pitt is one of the rare contemporary movie stars who knows how to be used. He's content to bathe in the camera's rapturous gaze, understanding just how much to give and never overdoing it, exuding confidence as both character and performer. He smiles but rarely grins, mostly keeping his lovely teeth to himself, always just a little bit wary. In opposition, he doesn't glare, just tilts his head back skeptically. He's not soft. Rather, he's got the tensile stillness of Steve McQueen, and the movie even gives him some McQueen shtick: bouncing tennis balls against a wall the way the older actor did in 'The Great Escape,' the epitome of flippant cool. Want all of The Times? Subscribe.
CTV News
27-06-2025
- Business
- CTV News
Cineplex says CEO Ellis Jacob to retire at the end of 2026
Ellis Jacob, president and chief executive of Cineplex Entertainment, poses for a photograph after the company's annual general meeting in Toronto on Wednesday, May 17, 2017. THE CANADIAN PRESS/Nathan Denette TORONTO — TORONTO — Movie theatre company Cineplex Inc. says president and chief executive Ellis Jacob will retire at the end of next year. Cineplex board chair Phyllis Yaffe praised Jacob for his work in building the company and called him a giant in the industry. The company says Jacob will continue to lead Cineplex in the interim and help in the transition to new leadership. Jacob was appointed president and chief executive of Cineplex in 2003 when the Canadian assets of Lowes Cineplex Entertainment and Galaxy Entertainment Inc. were merged. Before his current role, Jacob was president and CEO of Galaxy Entertainment, which he co-founded in 1999. Cineplex has over 170 movie theatres and entertainment venues across Canada. This report by The Canadian Press was first published June 27, 2025. Companies in this story: (TSX:CGX) The Canadian Press
Yahoo
27-06-2025
- Business
- Yahoo
Cineplex says CEO Ellis Jacob to retire at the end of 2026
TORONTO — Movie theatre company Cineplex Inc. says president and chief executive Ellis Jacob will retire at the end of next year. Cineplex board chair Phyllis Yaffe praised Jacob for his work in building the company and called him a giant in the industry. The company says Jacob will continue to lead Cineplex in the interim and help in the transition to new leadership. Jacob was appointed president and chief executive of Cineplex in 2003 when the Canadian assets of Lowes Cineplex Entertainment and Galaxy Entertainment Inc. were merged. Before his current role, Jacob was president and CEO of Galaxy Entertainment, which he co-founded in 1999. Cineplex has over 170 movie theatres and entertainment venues across Canada. This report by The Canadian Press was first published June 27, 2025. Companies in this story: (TSX:CGX) The Canadian Press Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
CNN
23-06-2025
- Entertainment
- CNN
Dangerous heat waves, box office bounces back, extreme day trips: Catch up on the day's stories
👋 Welcome to 5 Things PM! Hiding deep inside the body, a dangerous type of fat wraps itself around vital organs such as the kidneys, liver and heart — triggering inflammation and possibly other health issues. Experts explain how to reduce it. Here's what else you might have missed during your busy day. 1️⃣ Heat waves: They are getting more dangerous with climate change, and they're also hitting both earlier and later during the warm season. We might be underestimating them. ➕ A potent heat dome is building over the US, sending temperatures into the triple digits. 2️⃣ Masked up: Federal officers — often wearing masks but not uniforms or displaying badges — are arresting people outside courtroom hearings, during traffic stops and in workplace sweeps. It has become the new calling card of the immigration crackdown. 3️⃣ All-star defense: Nine attorneys fill two tables in the courtroom for Sean 'Diddy' Combs during his sex-trafficking trial. Some are confrontational cross examiners, while others take a softer approach to witnesses. The stakes are high. 4️⃣ Extreme day trips: People are snagging tickets on ultra low-cost airlines so they can hop from one country to another — just for the day. They say it's a great way to travel when time and money are tight, but there are drawbacks. 5️⃣ Box-office rebound: The movie industry hasn't caught many breaks in recent years with the Covid-19 pandemic, a writers' strike, blockbusters that fell flat and streaming challenges. But 2025 is shaping up to be a comeback year. Get '5 Things' in your inbox If your day doesn't start until you're up to speed on the latest headlines, then let us introduce you to your new favorite morning fix. Sign up here for the '5 Things' newsletter. 🚘 Preserving a classic: Hong Kong announced a shift away from the city's iconic red taxis toward multicolored electric and hybrid vehicles, so Alan Wu bought one and refurbished it to keep the nostalgia alive. • Iranian missiles fired at US base in Qatar intercepted• 6 reported dead and 2 missing after boat capsizes on Lake Tahoe• Texas governor vetoes bill that would ban all THC products 💉 That's how many people across France reported being pricked with syringes during a nationwide street music festival. 📸 Beauty and tragedy: A melting glacier draped in the tattered remains of a thermal blanket, a ghostly abandoned mining town in Chile and an ancient tree marked by floodwaters are among the standouts from the Earth Photo 2025 competition. Take a look at the winners. 'After an independent and thorough review of all the evidence, I concluded that the evidence led to one person, and only one person.' Special Prosecutor Hank Brennan 💬 High-profile trial: In his first statement since Karen Read's acquittal, the prosecutor said he's disappointed by the verdict. She was accused of killing her boyfriend, and her first trial ended with a hung jury. 🛢️ What's the name of the body of water — a key route for shipping oil — between Iran and the United Arab Emirates?A. Black SeaB. Suez CanalC. Strait of HormuzD. Caspian Sea⬇️ Scroll down for the answer. 🎓 'It's not forgotten': Back in 2010, Detective Sgt. Jeff Sheaman helped rescue a stranded family during a storm in Wyoming — and his quick thinking kept their toddler alive. Fifteen years later, watch how that child found a special way to thank the man who saved his life. 👋 We'll see you tomorrow.🧠 Quiz answer: C. Some worry that Iran could retaliate for attacks by Israel and the US by disrupting shipping in the Strait of Hormuz.📧 Check out all of CNN's newsletters. Today's 5 Things PM was edited by CNN's Kimberly Richardson and Sarah Hutter.
