U.S. Movie Theater Owners Ask Federal Government For Coronavirus Relief

47
790

U.S. Movie Theater Owners Ask Federal Government For Coronavirus Relief

LOS ANGELES (Reuters) – A trade group representing U.S. movie theater owners on Wednesday called on the U.S. Congress and the Trump administration to provide emergency relief to help operators weather the unprecedented closures amid the global coronavirus outbreak.

The National Association of Theatre Owners (NATO) urged U.S. lawmakers to approve loan guarantees to help cover fixed costs, tax benefits for employers providing support to employees, and other measures.

“The business model of the movie theater industry is uniquely vulnerable to the present crisis,” the group said in a statement.

https://www.reuters.com

Most movie theaters in the United States, including those owned by AMC Entertainment and Cineworld Group Plc’s Regal Cinemas, shuttered this week to help prevent the novel coronavirus from spreading.

Movie theaters employ more than 150,000 people in the United States, from ticket sellers to projectionists and cleaning staff, according to the association.

Eurovision Song Contest 2020 Cancelled Over Coronavirus

Hollywood studios have postponed some major upcoming movie releases including Walt Disney Co’s action epic “Mulan” and its Marvel movie “Black Widow,” which was supposed to kick off the summer blockbuster season on May 1.

Release dates for both films are now unknown.

The movie theater association said it had approved $1 million of its own reserves to be used to aid theater employees who were out of work due to the coronavirus outbreak.

NEW YORK — Faced with a lengthy shutdown due the coronavirus pandemic, movie theaters are requesting relief from the U.S. government.

The National Association of Theater Owners, the trade group that represents most of the industry’s cinemas, said Wednesday that it’s asking for immediate federal help for its chains and its 150,000 employees. The theaters are requesting loan guarantees for exhibitors, tax benefits for employees and funds to compensate for lost ticket sales and concessions.

The organization said the movie theater industry is “uniquely vulnerable” to the crisis, and needs assistance to weather a near total shutdown of two to three months.

“This is an unprecedented challenge to the business,” said John Fithian, president and chief executive of NATO. “We’re looking to Congress and White House to understand this is a cultural institution where people gather.”

Fithian didn’t give a specific dollar amount for what the industry is seeking but said theaters could be saved for a fraction of what the airline industry is requesting (The White House has proposed $50 billion for the airlines). For less than the cost of one airline company, Fithian said, movie theaters could be kept afloat.

“We want our policy makers to know that at the end of this thing, when people have been cooped up in their house for several months, they’ll need a break to go out and do something collectively that’s affordable and fun and away from what they’ve just been through,” he said. “But we still need to be viable.”

NATO also said it will supply $1 million in aid for out-of-work movie theater employees. The majority of the industry’s workers are paid hourly. “Starting tomorrow, most of them won’t be paid anything,” said Fithian.

Earlier this week, U.S. movie theaters closed nationwide, shuttering nearly all of the country’s cinemas including its largest chains, AMC Theaters and Regal Cinemas. The closures followed federal guidelines against gatherings of more than 10 people. Hollywood has postponed nearly all March and April releases, and many May ones, too.

In the meantime, some studios have moved their new releases to on-demand platforms, a rare breaking of the traditional 90-day theatrical window. Universal earlier announced that “The Hunt,” “Invisible Man” and “Emma” will be released for home viewing on Friday. On Wednesday, Sony Pictures said the Vin Diesel sci-fi thriller “Bloodshot,” which opened in theaters last Friday, will be available for digital purchase Tuesday.

“Sony Pictures is firmly committed to theatrical exhibition and we support windowing,” Sony Pictures chairman Tom Rothman said in a statement. “This is a unique and exceedingly rare circumstance where theaters have been required to close nationwide for the greater good.”

———

This story has been corrected to show the name of the lobbying organization is the National Association of Theater Owners.

U.S. Movie Theater Owners Ask Federal Government For Coronavirus Relief

47 COMMENTS

  1. I discovered your blog site on google and check a few of your very early articles. Remain to maintain the excellent operate. I just additional up your RSS feed to my MSN Information Reader. Looking for onward to finding out more from you later!?

  2. Hi, Neat post. There’s an issue with your site in internet explorer, may check this… IE still is the market chief and a huge component to other folks will pass over your wonderful writing because of this problem.

  3. Youre so amazing! I do not mean Ive review anything similar to this before. So wonderful to find someone with some original ideas on this subject. realy thank you for starting this up. this web site is something that is required online, someone with a little originality. beneficial work for bringing something brand-new to the net!

  4. What i don’t realize is in fact how you’re no longer actually a lot more neatly-appreciated than you might be now. You are so intelligent. You already know therefore considerably in relation to this subject, made me in my view consider it from a lot of various angles. Its like women and men don’t seem to be fascinated unless it’s one thing to accomplish with Lady gaga! Your personal stuffs excellent. All the time deal with it up!

  5. But a smiling visitor here to share the love (:, btw outstanding style and design. “Everything should be made as simple as possible, but not one bit simpler.” by Albert Einstein.

  6. Spot on with this write-up, I really assume this web site wants far more consideration. I’ll probably be once more to learn way more, thanks for that info.

  7. Good blog! I truly love how it is simple on my eyes and the data are well written. I’m wondering how I might be notified whenever a new post has been made. I have subscribed to your RSS which must do the trick! Have a great day!

  8. There are actually a whole lot of particulars like that to take into consideration. That may be a nice level to convey up. I supply the thoughts above as normal inspiration however clearly there are questions just like the one you deliver up where crucial thing can be working in honest good faith. I don?t know if finest practices have emerged round things like that, but I am certain that your job is clearly recognized as a good game. Each boys and girls really feel the impact of only a second’s pleasure, for the rest of their lives.

  9. Just search for your favorite pornstar or porn video and you will find great quality content, PornValor updates daily videos of the hottest pornos such as Brazzers, Bangbros, VIXEN, Tushy, reality Kings, Naughty America, Fake taxi, Girlsdoporn and more, Just search for your favorite pornstar or porn video and you will find great quality content, Its no wonder PornValor has the best xxx videos from the hottest studios. Whether your looking for stepmom or sister pornos.

  10. hello there and thank you for your info – I have definitely picked up something new from right here. I did however expertise a few technical points using this website, since I experienced to reload the web site a lot of times previous to I could get it to load correctly. I had been wondering if your hosting is OK? Not that I am complaining, but slow loading instances times will very frequently affect your placement in google and could damage your high-quality score if ads and marketing with Adwords. Anyway I am adding this RSS to my e-mail and could look out for a lot more of your respective intriguing content. Ensure that you update this again very soon..

  11. Good day! Do you know if they make any plugins to help with Search Engine Optimization? I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good success. If you know of any please share. Appreciate it!

  12. Thank you for the good writeup. It in fact was a amusement account it. Look advanced to more added agreeable from you! By the way, how can we communicate?

  13. Its such as you read my thoughts! You seem to know a lot approximately this, like you wrote the ebook in it or something. I think that you simply could do with a few percent to drive the message home a bit, but other than that, this is wonderful blog. A fantastic read. I will certainly be back.

  14. Hello just wanted to give you a brief heads up and let you know a few of the images aren’t loading properly. I’m not sure why but I think its a linking issue. I’ve tried it in two different browsers and both show the same outcome.

  15. I think this is among the most important information for me. And i’m glad reading your article. But want to remark on some general things, The web site style is wonderful, the articles is really great : D. Good job, cheers

  16. Admiring the hard work you put into your blog and in depth information you offer. It’s awesome to come across a blog every once in a while that isn’t the same unwanted rehashed information. Wonderful read! I’ve saved your site and I’m including your RSS feeds to my Google account.

  17. Hey there just wanted to give you a quick heads up. The words in your post seem to be running off the screen in Internet explorer. I’m not sure if this is a format issue or something to do with web browser compatibility but I figured I’d post to let you know. The style and design look great though! Hope you get the problem solved soon. Thanks

  18. It is in reality a nice and helpful piece of information. I am happy that you shared this useful info with us. Please stay us up to date like this. Thanks for sharing.

  19. I and my friends ended up following the great tips found on the website and then unexpectedly came up with an awful suspicion I had not thanked the blog owner for those techniques. All of the young boys are already certainly warmed to see them and now have in fact been enjoying those things. Thanks for actually being quite considerate and then for deciding on this form of notable resources most people are really desirous to understand about. Our own sincere apologies for not expressing gratitude to sooner.

  20. Hi, Neat post. There is a problem with your website in internet explorer, would check this… IE still is the market leader and a good portion of people will miss your wonderful writing due to this problem.

  21. I precisely wanted to thank you very much once again. I am not sure what I might have accomplished in the absence of those thoughts revealed by you on my industry. It actually was the alarming scenario for me, however , spending time with your expert strategy you solved the issue forced me to weep for delight. I am thankful for the assistance as well as trust you recognize what an amazing job you are always undertaking educating the rest with the aid of your websites. Most probably you’ve never met all of us.

  22. You really make it seem so easy with your presentation but I find this topic to be actually something which I think I would never understand. It seems too complicated and very broad for me. I’m looking forward for your next post, I’ll try to get the hang of it!

  23. Thank you for another wonderful article. Where else could anybody get that kind of information in such a perfect way of writing? I have a presentation next week, and I am on the look for such info.

  24. I’m impressed, I must say. Actually rarely do I encounter a blog that’s both educative and entertaining, and without a doubt, you could have hit the nail about the head. Your thought is outstanding; ab muscles an element that insufficient everyone is speaking intelligently about. My business is happy which i came across this during my hunt for something about it.

  25. I’m just commenting to let you understand what a outstanding experience my girl experienced going through your web page. She realized a good number of issues, not to mention what it is like to have an excellent giving heart to get many others without hassle fully understand selected complex topics. You actually exceeded our own expectations. Many thanks for churning out such precious, safe, informative and as well as unique guidance on the topic to Jane.

  26. At this time it seems like Drupal is the top blogging platform out there right now. (from what I’ve read) Is that what you are using on your blog?

  27. Greetings from Idaho! I’m bored to tears at work so I decided to browse your site on my iphone during lunch break. I really like the information you present here and can’t wait to take a look when I get home. I’m surprised at how quick your blog loaded on my cell phone .. I’m not even using WIFI, just 3G .. Anyways, excellent site!

  28. I like this weblog very much, Its a real nice spot to read and find information. “There are two ways of spreading light to be the candle or the mirror that reflects it.” by Edith Newbold Jones Wharton.

  29. Hello, Neat post. There’s an issue together with your site in internet explorer, would test this… IE still is the market chief and a big part of other folks will omit your wonderful writing due to this problem.

  30. I have noticed that online degree is getting well-known because accomplishing your college degree online has become a popular choice for many people. A huge number of people have certainly not had a possible opportunity to attend a traditional college or university nonetheless seek the elevated earning potential and career advancement that a Bachelor’s Degree provides. Still some others might have a degree in one training but want to pursue something they already have an interest in.

  31. Thank you so much for giving everyone such a memorable chance to check tips from this web site. It is usually so terrific and as well , packed with a good time for me and my office mates to visit the blog nearly 3 times in a week to learn the latest items you have. Not to mention, I am also certainly fulfilled concerning the impressive things served by you. Some 4 points in this post are undoubtedly the most efficient I’ve ever had.

  32. Youre so great! I do not mean Ive review anything such as this prior to. So good to locate somebody with some original ideas on this subject. realy thanks for starting this up. this site is something that is required online, someone with a little originality. valuable task for bringing something brand-new to the net!

LEAVE A REPLY

Please enter your comment!
Please enter your name here