By Jake Coyle, Film Writer
NEW YORK (AP) --AMC Theatres, the nation's largest movie theater chain, will reopen in the U.S. on Aug. 20 with retro ticket prices of 15 cents per movie.
AMC Entertainment, which owns the chain, said Thursday that it expects to open the doors to more than 100 cinemas — or about a sixth of its nationwide locations — on Aug. 20 with throwback pricing for a day.
AMC theaters have reopened in numerous international countries but have remained shuttered in the U.S. since March. The chain touted the reopening as "Movies in 2020 at 1920 Prices."
After several false starts due to a summer rise in coronavirus cases throughout much of the U.S., widespread moviegoing is currently set to resume in late August. Regal Cinemas, the second largest chain, is to reopen some U.S. locations on Aug. 21.
During its opening-day promotion, AMC will show catalog films, including "Ghostbusters," "Black Panther," "Back to the Future" and "Grease." Those older films will continue to play afterward for $5.
AMC confirmed that Disney's much-delayed "New Mutants" will debut in theaters Aug. 28, with Christopher Nolan's "Tenet" to follow Sept. 3. Warner Bros. is planning to release "Tenet" a week earlier internationally, including in Canada. A handful of smaller new releases are also planned for late August, including "Unhinged," a thriller from Solstice Studios with Russell Crowe; and Armando Iannucci's "Personal History of David Copperfield," from Disney's Fox Searchlight.
AMC said Thursday is expects about two thirds of its theaters will be open in time for "Tenet." Several states, including California and New York, are yet to allow movie theaters to reopen.
AMC and other chains have said they will operate at reduced capacity to facilitate social distancing, along with increased theater cleaning and required mask wearing.
Avid completes acquisition of Wolftech
Avid®, known for software solutions for professional media production, has completed the acquisition of Wolftech Broadcast Solutions, a leader in cloud-based multiplatform news planning, production and publishing solutions.
The acquisition enables Avid to combine its digital-first, end-to-end media solution with Wolftech’s expertise in story-centric workflow management. News organizations will be able to increase efficiency and accelerate story delivery through enhanced remote collaboration and multiplatform amplification.
Avid CEO Wellford Dillard stated, “Wolftech is unquestionably on the leading edge of where the industry is going, and this acquisition demonstrates Avid’s commitment to transform news, sports, and live production workflows. We are delighted to welcome Wolftech into the Avid family.”
Wolftech CEO Arne Berven added, “We were focused on finding a partner that could accelerate the adoption of our platform globally. We explored a number of possibilities, but when we talked to Avid, we knew it was the right match.”
The closing of the acquisition follows Avid’s announcement on October 7 that the company had entered into a definitive agreement to acquire Wolftech.
With this acquisition, Avid deepens the integration between the two toolsets while continuing to embrace an open approach in partnering with a wide range of media production tools and newsroom systems. Existing Wolftech customers will benefit from Avid’s global scale for customer support and professional services.
Ian Axton, head of production operations for ITV News, said, “As a customer of both Avid and Wolftech we’re excited about the benefits this acquisition will bring to our users and our business. Wolftech has transformed... Read More