NEW YORK (AP) — After three months of near total blackout of cinemas nationwide, movie theaters are preparing to reopen — even if it means only a few titles on the marquee and showings limited to as little as 25% capacity.
AMC Theaters, the world’s largest theater operator, said Tuesday that it expects to have 97-98% of its theaters worldwide reopened by mid-July. The National Association of Theater Owners, the trade group that represents exhibitors, expects some 90-95% of cinemas around the world will be opened by mid-July.
A lot is still “fluid,” as AMC Entertainment’s chief executive, Adam Aron, said in a call Tuesday with investors. But provided flare ups of the coronavirus don’t unmake plans, the industry is gearing up for a dramatic resumption of widespread business just in time for Christopher Nolan’s “Tenet.” The Warner Bros. thriller, the latest from arguably Hollywood’s most passionate defender of the big-screen experience, is slated for release July 17.