Cineworld Announce Reopening & Deal With Warner Bros. Pictures
The end is in sight folks as Cineworld announced today they are gearing up to reopen their doors to welcome back film fans to the big screen!
Cineworld are getting ready to reopen cinema screens across the UK this May "in line with current government guidance", as well as a handful of their Regal Cinemas in the US in April. They have yet to give a specific date but it's a step in the right direction...and something film fans will be incredibly pleased to hear. In addition to the reopening announcement Cineworld have also revealed they have come to an agreement with Warner Bros. to bring their biggest blockbusters to the big screen going forward.
Cineworld and Warner Bros. are said to have made a multi-year agreement for their films release going forward. Under its deal with Warner Bros., from next year Cineworld can exclusively show it's films for 45 days. In the UK, the period will be 31 days though that can be extended to 45 days for movies "that open to an agreed upon box-office threshold".
"We are very happy for the agreement with Warner Bros. This agreement shows the studio's commitment to the theatrical business and we see this agreement as an important milestone in our 100-year relationship with Warner Bros." - Mooky Greidinger, Cineworld Chief Executive
It follows a massive falling out between Universal, Cineworld and AMC Theatres, which owns the Odeon Cinemas chain here in the UK, after the successful VOD release of Trolls: World Tour. When Universal said they were potentially looking at other ways to release their films AMC Theatres threatened to boycott any future Universal film, with Cineworld backing their rival AMC and threatening to do the same. Matters have since been resolved between all parties.
Godzilla vs Kong will be the first film to open in Regal Cinemas in the US April 2nd with Mortal Kombat following behind April 16th. As it stands we don't know which films will be the first to be released here in the UK when Cineworld opens their doors again, but there is plenty to choose from with a lot of releases being delayed by the pandemic.
Odeon, Vue and Showcase Cinemas have yet to announce a reopening date here in the UK.