#amc-theater-closures

#amc-theater-closures

Millie Bobby Brown was set to portray Kerri Strug, a member of the 1996 'Magnificent Seven' USA gymnastics team, but left due to creative differences.

'With the recent news that the building's redevelopment is on track for autumn 2027, our inbox has been overflowing with residents asking if we'll be involved,' says the Castle in a statement.

Multiple entities associated with Friendly Franchisees Corporation, owner of 65 Carl's Jr. locations across California, have filed for Chapter 11 bankruptcy, raising concerns about the future of these franchises.

Row K Entertainment was conceived as a niche solution to a specific problem: too many indie movies, not enough indie buyers. Launched in August 2025, the fledgling label entered the movie market with a clear pitch.

Los Angeles is home to more than a dozen one-of-a-kind cinemas that operate on their own terms. Some of these theaters have been around for 100 years, and in classic LA fashion some of them are owned by living LA legends-think Quentin Tarantino and Kyle Ng. Kristen Stewart recently announced she's also jumping into the mix with her purchase of Los Angeles's Highland Theatre.

Simply put, it was no longer "financially attractive," the company said. In December, Netflix had reached a deal to acquire some of Warner Bros. Discovery's assets: Their library, movie studio and HBO. Almost immediately Paramount, who months earlier had expressed interest in purchasing Warner Bros., initiated a hostile takeover bid for the whole company, which culminated in a $31 per share offer this week.

Following a flurry of online backlash, AMC Theaters said it would no longer allow an AI-generated short film to be shown at its US locations, in the latest example of the mounting resistance to AI's encroachment on the arts.

AMC Entertainment Holdings reported its fourth-quarter 2025 financial results as well as its full-year 2025 results. It's fair to say the company did not have a blockbuster quarter or year. For the company's Q4 2025, which ended on December 31, AMC reported total revenue of $1.28 billion. That's a drop of 1.4% from the $1.3 billion the company reported for the same quarter a year earlier.

To sweeten the offer for shareholders, Netflix and Warner Bros. today announced that Netflix will pay all cash instead. If successful, Netflix's purchase will include HBO Max, WB Studios, and other assets. The price is unchanged at $27.75 per share, and Warner Bros. is targeting an April 2026 shareholder vote. The original plan was for Netflix to buy each Warner Bros. share with $23.25 in cash and $4.50 in Netflix stock.

The historic film studios recorded global revenue of $37.3 billion, representing a 5% decrease compared to the previous year due to the decline in the cable business with a loss of advertising on the TNT, Discovery Channel, Cartoon Network and CNN channels.

Showcase Cinema de Lux in Randolph, which sports an IMAX and an immersive MX4D theater, is closing its doors at the beginning of next month. In a statement on the company's website, it said, "It has been our pleasure to serve the Randolph community." The last full day of cinema operations at the standalone facility on Mazzeo Drive will be on Sunday, March 1, the statement said.

Netflix made a deal to buy the Warner Bros side of the company—its studio and streaming businesses—late last year, but Paramount Skydance has been undeterred, aggressively pursuing what it claims to be a better offer for the entire WBD operation. After several failed attempts at a hostile takeover, WBD is considering a final Paramount offer, to which Netflix will have the opportunity to counter.

Paramount Skydance finally outbid the streamer this week by offering Warner Bros. Discovery $31 a share, at a total of $111 billion, for everything in its corporate portfolio-and it would not get a financial counter from Netflix in turn. WBD's directors still have to formally accept this outcome, but Paramount Skydance CEO David Ellison, and his superwealthy father, Larry, have won.

Last week, he opened a $230-million movie and television studio on the edge of the Arts District in downtown Los Angeles nestled alongside the dramatic new Sixth Street Bridge. The state-of-the-art complex has five sound stages, offices and other proper movie studio features such as a mill, commissary and base camp. "We just had all the major networks, all the major streaming platforms walk through this facility and they can't believe how nice it is," said Wainright, managing partner of East End Studios.

Netflix said Thursday that it won't raise its bid for Warner Bros. Discovery's streaming and studio assets, allowing Paramount Skydance to emerge as the winning bidder of the entire Warner Bros. portfolio, which includes cable networks like CNN, TBS, TNT, HGTV and others.

"The thing I don't understand is how you lose money running a laundromat," Hamrah writes, "especially if you own the building."

"While we are confident that our transaction provides superior value and certainty, we recognize the ongoing distraction for WBD stockholders and the broader entertainment industry caused by PSKY's antics," Netflix said in a statement. "Accordingly, we granted WBD a narrow seven-day waiver of certain obligations under our merger agreement to allow them to engage with PSKY to fully and finally resolve this matter."