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Trey Williams

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Film Reporter covering the biz • trey.williams@thewrap.com • Twitter: @trey3williams

  • S&P Downgrades Cinemark Credit Rating to ‘Highly Speculative’

    “We continue to believe Cinemark will have more than sufficient liquidity to fund its operations until theaters return to normalized attendance” S&P analysts say

    By

    Trey Williams
    August 10, 2020 @ 12:55 PM

    Pro Available to WrapPRO members

    12:55 PM
    S&P Downgrades Cinemark Credit Rating to ‘Highly Speculative’

    Pro Available to WrapPRO members

  • WarnerMedia CEO Feels No Pressure to Push Films to Streaming Despite Disney’s ‘Mulan’ Move

    “Our orientation is theatrical and we haven’t moved off that,” WarnerMedia CEO Jason Kilar says

    By

    Trey Williams and Tim Baysinger
    August 7, 2020 @ 5:02 PM

    Pro Available to WrapPRO members

    News
    5:02 PM
    WarnerMedia CEO Feels No Pressure to Push Films to Streaming Despite Disney’s ‘Mulan’ Move

    Pro Available to WrapPRO members

  • S&P Raises AMC Theatres Credit Rating From ‘Selective Default,’ Maintains Negative Outlook

    “While AMC plans to open its U.S. theaters in August, considerable risk and uncertainty related to this timeline remains,” S&P analysts say

    By

    Trey Williams
    August 7, 2020 @ 12:56 PM
    Movies
    12:56 PM
    S&P Raises AMC Theatres Credit Rating From ‘Selective Default,’ Maintains Negative Outlook
  • ShortList 2020: ‘-Ship’ Director Explores Black Masculinity by Asking ‘How Do We Heal?’ (Video)

    “I identify as queer, so a lot of my childhood was making myself small,” writer and director Terrance Daye says

    By

    Trey Williams
    August 7, 2020 @ 12:30 PM
    Movies
    12:30 PM
    ShortList 2020: ‘-Ship’ Director Explores Black Masculinity by Asking ‘How Do We Heal?’ (Video)
  • How the Music Industry Looks to Survive Without a $26 Billion Live Concert Business

    “You have to look at these artists as small businesses. It’s going to be devastating,” Loeb & Loeb partner and music lawyer Derek Crownover says

    By

    Trey Williams and Nate Jackson
    August 7, 2020 @ 6:00 AM
    News
    6:00 AM
    How the Music Industry Looks to Survive Without a $26 Billion Live Concert Business
  • AMC Theatres Lost $561 Million During Second Quarter

    “This was the most challenging quarter in the 100-year history of AMC,” CEO Adam Aron said as Q2 revenue dropped nearly 99%

    By

    Trey Williams
    August 6, 2020 @ 1:38 PM
    Movies
    1:38 PM
    AMC Theatres Lost $561 Million During Second Quarter
  • Live Nation Reports $588 Million Loss for Q2 With Absence of Live Concerts

    “Our expectation is that live events will return at scale in the summer of 2021,” Live Nation CEO Michael Rapino said

    By

    Trey Williams
    August 5, 2020 @ 2:31 PM

    Pro Available to WrapPRO members

    News
    2:31 PM
    Live Nation Reports $588 Million Loss for Q2 With Absence of Live Concerts

    Pro Available to WrapPRO members

  • ICM Partners Signs Agreement With WGA to End Packaging Fee Dispute

    UTA last month became the first major agency to reach deal with Writers Guild

    By

    Trey Williams
    August 5, 2020 @ 10:12 AM
    News
    10:12 AM
    ICM Partners Signs Agreement With WGA to End Packaging Fee Dispute
  • Disney World Reopening Falls Short as Parks Business Takes $3.5 Billion Hit

    Disney said reopening the Orlando park didn’t generate the revenue it expected

    By

    Trey Williams
    August 4, 2020 @ 8:19 PM

    Pro Available to WrapPRO members

    News
    8:19 PM
    Disney World Reopening Falls Short as Parks Business Takes $3.5 Billion Hit

    Pro Available to WrapPRO members

  • Disney Reports Loss of $4.7 Billion for Q3 as Pandemic Rocks Business

    Company said its parks division took a $3.5 billion hit due to coronavirus shutdown

    By

    Trey Williams
    August 4, 2020 @ 1:18 PM
    Movies
    1:18 PM
    Disney Reports Loss of $4.7 Billion for Q3 as Pandemic Rocks Business
  • Sony Pictures Reports Profit of $230 Million for Q1

    Studio expects COVID-related delays in theatrical releases to impact financial results for two to three years

    By

    Trey Williams
    August 3, 2020 @ 11:23 PM
    News
    11:23 PM
    Sony Pictures Reports Profit of $230 Million for Q1
  • ‘Hobbs & Shaw’ Director David Leitch, Producing Partner Kelly McCormick Quit WME for CAA (Exclusive)

    Filmmaker is next directing “Bullet Train,” on which McCormick will also serve as producer

    By

    Beatrice Verhoeven and Trey Williams
    July 30, 2020 @ 10:07 PM
    Movies
    10:07 PM
    ‘Hobbs & Shaw’ Director David Leitch, Producing Partner Kelly McCormick Quit WME for CAA (Exclusive)
  • Busted Windows: How AMC-Universal Deal Could Upend the Studio-Theater Business Model

    Whether this is a significant change or an industry-upending one depends on how other studios and theaters respond

    By

    Jeremy Fuster and Trey Williams
    July 30, 2020 @ 1:22 PM

    Pro Available to WrapPRO members

    Movies
    1:22 PM
    Busted Windows: How AMC-Universal Deal Could Upend the Studio-Theater Business Model

    Pro Available to WrapPRO members

  • Regina King’s Feature Film Directorial Debut ‘One Night in Miami’ Acquired by Amazon

    Film follows a young Muhammad Ali the night he upset Sonny Liston and celebrated with Malcolm X, Sam Cooke and Jim Brown

    By

    Trey Williams
    July 30, 2020 @ 11:00 AM
    Movies
    11:00 AM
    Regina King’s Feature Film Directorial Debut ‘One Night in Miami’ Acquired by Amazon
  • Why Movie Theater Reopenings Overseas Show ‘Early Signs of Progress’ for the Industry

    “Business in the U.K. seems to be picking up — looking at increasing location counts, as opposed to gross — since the market reopened,” Boxoffice Pro editor Daniel Loria said

    By

    Trey Williams
    July 29, 2020 @ 8:45 AM

    Pro Available to WrapPRO members

    Movies
    8:45 AM
    Why Movie Theater Reopenings Overseas Show ‘Early Signs of Progress’ for the Industry

    Pro Available to WrapPRO members

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