Posts Categorized: News

Ernst & Young Study Shows Massive Economic Impact of Movie Theaters

Moviegoers drive $5 billion in spending to nearby business (Los Angeles – 18 August 2021) As movie theaters rebound from the pandemic, they will also drive the recovery of surrounding businesses, a new study shows. Ernst & Young today released a detailed analysis focused on the broader economic impact of movie theaters. The study, Economic… Read more »

NATO Statement on Passage of American Rescue Act

(Washington, D.C. and Los Angeles, Calif. – 10 March 2021) NATO applauds the passage of the American Rescue Plan by Congress and looks forward to its rapid signature into law by the President. The Plan extends critical unemployment benefits to our furloughed workers, and preserves and expands important tax relief programs that give a much… Read more »

Global Cinema Federation Celebrates Record-Breaking Chinese Lunar New Year Box Office

(Beijing, Brussels, Los Angeles – 16 February 2021) The Global Cinema Federation (GCF) today celebrated the record opening weekend in China of Detective Chinatown 3. The title set a single market record for opening day of $163 million (RMB 1.05 billion) and opening weekend  $397 million (RMB 2.56 billion). This comes one year after China’s… Read more »

Theater Owners Call For Aid To Movie Theaters In Lame Duck Session Congress

Bipartisan SOS Act and Aid to Workers Urgently Needed (Washington, D.C. and Los Angeles, Calif. – 9 November 2020) The National Association of Theatre Owners (NATO), Monday called for Congress and the Administration to act now to save local movie theaters devastated by the COVID-19 pandemic by passing relief legislation targeted to their circumstances. The… Read more »

CinemaCon 2021 Moves to August 23-26

(Washington, D.C. – 6 November 2020) CinemaCon 2021, originally scheduled for April 26-29 at Caesars Palace in Las Vegas, has been rescheduled for August 23-26, 2021, it was announced today by CinemaCon Managing Director Mitch Neuhauser. Ongoing international travel restrictions and limits on large gatherings caused by the COVID-19 pandemic prompted the decision.  CinemaCon, the… Read more »