Given the size of AMC in the United States, where it operates more than 8,000 screens, rival cinema chains - most of which operate their businesses more traditionally - may have no choice but to rewrite their exhibition deals with Universal and other studios. The Guardian: Dana Canedy, the first Black woman to serve as the publisher of Simon & Schuster, was named managing editor of Guardian U.S.Discovery announced that the new streaming service expected to replace HBO Max, uniting HBO titles and Discovery reality series, would be named Max. Farewell, HBO: Executives at Warner Bros.Vox Media: The company said it was spinning off NowThis, a news site whose videos regularly go viral on Instagram and TikTok, ahead of the 2024 presidential election.NPR: The broadcaster said it would suspend all Twitter use after the social network designated it “U.S.Universal has cleared its schedule until October, when it will release “Candyman,” a remake of the horror classic, directed by Nia DaCosta and co-written and produced by Jordan Peele. AMC has said that it hopes to begin reopening in “mid- to late August,” but has pushed that time line back several times as virus cases have surged around the country. No firm start date for the deal was set because theaters remain closed by the pandemic. “The partnership we’ve forged with AMC is driven by our collective desire to ensure a thriving future for the film distribution ecosystem and to meet consumer demand with flexibility and optionality.” “The theatrical experience continues to be the cornerstone of our business,” Donna Langley, chairman of the Universal Filmed Entertainment Group, said in a statement. The studio controls the “Fast and Furious,” “Jurassic World” and “Despicable Me” franchises. Universal may opt to let big-ticket sellers play exclusively in theaters longer than 17 days. The deal, announced on Tuesday, gives Universal the right to make its movies available in homes through premium video-on-demand after just 17 days of play in AMC theaters - down from roughly 90 days, long the industry norm. LOS ANGELES - Universal Pictures and the largest movie chain in the world, AMC Entertainment, have reached a deal to bring movies to theaters and homes a mere three weeks apart, almost certainly changing the way that Hollywood does business.
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