UPDATE 1-U.S. movie theater operators aim for a late-summer blockbuster season [Reuters]
Cinemark Holdings Inc Cinemark Holdings, Inc. (CNK)
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Source: Reuters
U.S. movie theater operators aim for a late-summer blockbuster season LOS ANGELES (Reuters) - U.S. movie theater operators, who were forced to shut their doors in March to help slow the coronavirus spread, are aiming to welcome back crowds across the country by late July for a belated kickoff to the summer movie season. Ahead of that, operators are considering a transition period when they open some locations in parts of the United States where the novel coronavirus outbreak is receding fastest. That could start as early as mid-June, said Patrick Corcoran, spokesman for the National Association of Theatre Owners, though he called any timeline “very tentative.” The timing will depend on guidance from health authorities, he said. Among the challenges theaters face are making sure filmgoers feel comfortable gathering in groups and having a variety of appealing movies. Hollywood studios are unlikely to release big-budget films when they cannot mount a nationwide release. Blockbusters such
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