NATO Hails Inclusion of Movie Theaters in Relief Legislation

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Calls for bipartisan solution for pandemic relief

(Washington, D.C. and Los Angeles, Calif. – 20 October 2020) The movie theater operators of America are desperate for help from Congress. Without such help, 70% of the theaters in the country could file for bankruptcy or close permanently by the end of the year. More than 70,000 jobs could be lost permanently. While many small business theater operators were able to access Paycheck Protection Program loans, given the duration of the pandemic, those funds have been exhausted and theater revenues are still close to nothing. The current rules of the program remain challenging for theaters that are shuttered or doing little business.

We are grateful that Senators Schumer, Cardin and Shaheen have included relief for movie theaters as part of the Save Our Stages initiative and that SOS is included in their COVID relief bill. We seek a bipartisan solution for pandemic relief now that would include these provisions to preserve moviegoing in America.

ABOUT NATO
The National Association of Theatre Owners is the largest exhibition trade organization in the world, representing more than 33,000 movie screens in all 50 states, and more than 33,000 additional screens in 97 countries worldwide.

Headquartered in Washington, D.C., with a second office in Los Angeles, California, NATO represents its members in the heart of the nation’s capital as well as the center of the entertainment industry. From these vantage points, NATO helps exhibition influence federal policy-making and work with movie distributors on all areas of mutual concern, from new technologies to legislation, marketing, and First Amendment issues. www.natoonline.org

CONTACT

Patrick Corcoran
Vice President & Chief Communications Officer
818-849-0675
[email protected]

Esther Baruh
Director of Government Relations
202-962-0973
[email protected]


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