Theaters reopened. Then the movies were delayed. What happens now? [Los Angeles Times (CA)]
AT&T Inc. (T)
Last at&t inc. earnings: 4/22 06:54 am
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Source: Los Angeles Times
At the sprawling Irvine Spectrum Center, the 21-screen Regal movie theater didn’t hibernate through the pandemic that has wrecked the movie industry for the last six months. It got a multimillion-dollar makeover. Following a renovation that cost at least $12 million, the theater quietly reopened last week with a new smoothie shop, a craft cocktail bar and a sleek lobby featuring a digital ribbon display to showcase previews for “Tenet” and other movies. Spending big bucks to remake a movie theater might seem like a counterintuitive move at a time when the film industry faces unprecedented uncertainty. But to Mooky Greidinger, chief executive of Regal’s parent company, Cineworld, the facelift, which began before the COVID-19 pandemic shuttered theaters, represents a bet on the future of cinema. “The pandemic is a really crazy situation. We debated a lot internally whether to continue this refurbishment,” said Greidinger, via Zoom from Israel. “We believe this is going to be a great me
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Earnings
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Sec Filings
- 4/16/24 - Form PX14A6G
- 4/8/24 - Form DEFA14A
- 4/4/24 - Form ARS
- T's page on the SEC website