U.K. theater chain Cineworld Group has decided not to go ahead with the planned redundancies first announced last week after all their sites, including Picturehouse screens, shuttered due to the co…
U.K. theater chain Cineworld Group has decided not to go ahead with the planned redundancies first announced last week after all their sites, including Picturehouse screens, shuttered due to the coronavirus crisis. In an internal memo to staff circulated Wednesday night and seen by Variety, Cineworld CEO Mooky Greidinger wrote: “All of our hourly paid [...
Premier Lacrosse League co-founder Paul Rabil has signed with CAA Sports for representation, Variety has learned exclusively. PLL launched in October 2018 and completed its inaugural season in 2019. Rabil, along with his brother and fellow co-founder Mike Rabil, signed an exclusive media rights deal with NBC Sports Group for PLL in late 2018. [...
Permanent damage. That’s how Wall Street sees the impact of coronavirus-related disruptions to the media and entertainment marketplace. The scope of the economic losses is still hard to measure. Analysts are predicting a steep 19%-20% immediate drop in TV advertising revenue in the second quarter and a drop of more than 10% for the full [...]The producer of a horror reality show has sued his former partner accusing him of creating a copycat show that is now running on Netflix.
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Coronavirus: Cineworld Re-Thinks Redundancy Plan & Tells Staff That All Workers Paid By The Hour Will Now Be Furloughed Under UK Government SchemeEXCLUSIVE: Following a public backlash and the UK government’s pledge to financially support businesses impacted by the coronavirus, Cineworld has backtracked on widespread staff redundancies…
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Italy, France, Spain Grapple With Streaming Future to Combat Coronavirus Economic DamageWith Italy, France and Spain in full lockdown in the face of the unrelenting coronavirus outbreak, their respective film industries are preparing to take exceptional measures that could limit the a…
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Sharp recession should give way to a second half snap back, J.P. Morgan's Anastasia Amoroso predictsJ.P. Morgan Private Bank's Anastasia Amoroso expects government stimulus measures and a drop in coronavirus cases to help the economy.
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L.A. Fashion Brand Bldwn Filing for BankruptcyThe brand can’t cope with added financial pressure created by government measures to limit the spread of the coronavirus.
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The Best Bed Pillows for a Perfect Night’s SleepYou may want to rethink that memory foam. 👀
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