AMC Ent. Has Raised $200M Of $750M Needed To Survive Covid; “We’re Not There Yet” – CEO Adam Aron

While AMC Theatres, Regal Cinemas, and other major theater chains were hoping that 2021 would usher in a return to “normalcy” when it comes to people heading out to the cinema to watch a film on the big screen, it’s clear that’s not happening. In fact, we’ve seen studios already announce more delays that see most major films moving to the second half of 2021, indicating that theater chains are in for another rough six months, at least.

Rebecca Rubin Film and Media ReporterAMC Theaters delivered a sobering message last December, warning that the world’s largest cinema chain could run out of cash by early 2021 due to mounting challenges posed by the coronavirus pandemic. On Monday, the company announced a reversal of fortune.

Cinema giant AMC Theatres has unveiled a new European financingdeal, raising more than $400 million to help the company through a difficult period with additional liquidity amid the continued coronavirus pandemic. "This means that any talk of an imminent bankruptcy for AMC is completely off the table," said president and CEO Adam Aron.

Struggling AMC Entertainment said early Monday it has raised or signed commitments for $917 million including additional financing since December, calling it “enough cash to “make it through this dark, coronavirus-impacted winter.”

Love Island has spawned famous couples such as Olivia and Alex Bowen and Camilla Thurlow and Jamie Jewitt. But other couples, like Maura Higgins and Chris Hughes started off as friends on the show before their feelings developed back at home.

EXCLUSIVE: New Condé Nast Entertainment president Agnes Chu has assembled her senior executive team as she is spearheading a transformation at the organization, prioritizing a global entertainment strategy focused on expanding physical production capabilities, and growing a film and television business leveraging the company’s portfolio of global brands and IP.

There are filmmakers working today that not only see themselves as storytellers, but they see themselves as the folks carrying the torch in the fight to push the medium of film forward into the future. You have James Cameron inventing technology and doing ridiculous special effects work in his films, such as “Avatar” and the future sequels.

the Sun reported.However, news of the young rapper’s alleged death was first reported by hip-hop news site My Mixtapez to its 406,000 followers overnight.Twitter was lit up Wednesday morning with memorial posts to the young artist who was born Jonathon Brown, according to sources at juvenile court in Memphis, Tennessee. Baby CEO’s passing comes just three years after the death of Chicago-born hip-hop star Fredo Santana of Savage Records fame.

Ahead of the inauguration of President-elect Joe Biden and Vice President-elect Kamala Harris on January 20, the Presidential Inaugural Committee (PIC) has set additional programming to celebrate and honor America’s diversity. The programming will include three events that will stream online highlighting diverse communities.

The 2018 movie Searching, which starred John Cho and Debra Messing, is getting a sequel.

Believe it or not, it’s been 20 years since “Crouching Tiger, Hidden Dragon” arrived in theaters. The film would go on to be nominated for 10 Oscars in 2001 (a record for a non-English-language film at the time), and it would end up taking home trophies for won Best Foreign Language Film, Best Art Direction, Best Original Score, and Best Cinematography.

The relationship between Will Ferrell and Adam McKay is legendary. Combined, the duo worked on a number of already-iconic comedy films such as “Anchorman,” “Step Brothers,” and “Talledega Nights.” But it’s a film that was never made, titled “August Blowout,” that might have been the most important collaboration between the duo.

One of the vast numbers of major projects Disney is working on for its streaming service, Disney+, is the long-awaited sequel series to the fantasy film, “Willow.” And fans of the film were especially excited by the announcement that filmmaker Jon M. Chu would helm a portion of the new series.

BREAKING: Deadline learned this morning that Netflix has closed a long term pact to be the creative home on the film side for Kevin Hart and his HartBeat Productions. The exclusive partnership calls for Hart to be the star of at least four films he’ll produce, with a First-look film producing deal also part of the deal.

Acknowledging that California has repeatedly missed its stated Covid-19 vaccination targets, Governor Gavin Newsom made a bold commitment on Friday.

EXCLUSIVE: Fremantle is the latest company to extend the holiday production hiatus on a number of its shows to protect against the latest surge in Covid-19 numbers.