Film Reporter covering the biz • trey.williams@thewrap.com • Twitter: @trey3williams
Experience:
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STX Entertainment to Merge With Indian Film Company Eros International
Combined company will be called Eros STX Global Corporation
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How Movie Theaters Will Need to Adapt When the Lights Come Back On
“I think we’ll be able to make deals with our studio partners to attract people back with attractive pricing,” Cinemark Theaters’ CEO Mark Zoradi says
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AMC Theatres Plans to Raise $500 Million in Private Debt Offering
Cinema chain is confident its cash balance is sufficient to withstand a global suspension of operations until a partial reopening in July
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Cinemark Plans to Begin Reopening Theaters July 1
The cinema chain will slowly ramp operations and expenditures depending on demand and whether its confident attendance levels will sustain
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Cinemark Lays Off 17,500 Workers, Furloughs 50% of Corporate Staff
The cinema chain recently announced a planned $250 million debt issue
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Inside Endeavor’s Dire, Debt-Filled Fall From Hollywood’s Heights
“Endeavor will be bloody from head to toe,” Eric Schiffer, CEO of The Patriarch Organization, tells TheWrap
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Disney Enters New $5 Billion Credit Agreement With Citibank
The company raised $6 billion through a debt offering last month
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Hollywood Scrambles to Meet Surging Demand for Animation, Children’s Content During Coronavirus
“The demand for children’s content has increased exponentially as a result of families staying home,” Thanda Belker, of Pocket.watch, tells TheWrap
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Endeavor Credit Rating Downgraded by S&P With Company at ‘Substantial Risk’
“The negative outlook on Endeavor reflects a high level of uncertainty surrounding event- and entertainment-based revenue stream,” analysts wrote
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AMC Theatres Shares Plummet 20% Following Analyst Downgrade
“We no longer see value in maintaining positions in AMC shares at this point,” B. Riley FBR analyst Eric Wold says
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Sean Parker’s Screening Room Rebrands to SR Labs, Gets New CEO and $27.5 Million Investment
SR Labs tapped former Sony Pictures Home Entertainment president Man Jit Singh as new CEO
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Create the Writers Room Names Winners for Diverse Writers Initiative
The three filmmakers will pitch their ideas before a group of studio and production executives
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AMC Theatres Bankruptcy Is ‘Likely,’ Analysts Say – But Don’t (Just) Blame the Pandemic
“Even if you sell out every seat in the house, you’re still gonna lose money with that much debt,” chairman of Wilk Auslander’s bankruptcy department Eric Snyder says
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How Coronavirus Pandemic Will Change How Some Films Get Financed | Webinar
“The whole landscape of production financing is going to change,” media and entertainment banking head at Opus Bank, Jeff Zaks said
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Available to WrapPRO members
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Coronavirus Pandemic Will Change How Some Films Get Financed | Webinar
“The whole landscape of production financing is going to change,” media and entertainment banking head at Opus Bank, Jeff Zaks said