Are you re-evaluating your business real estate footprint? On Oct. 26, leaders from Alfred Sanzari Enterprises, Newmark Knight Frank and the Bergen County Division of Economic Development will discuss the advantages of relocating to New Jersey, including the long-term economic and employee satisfaction benefits. Register today.
New York state moved to reopen ski resorts and movie theaters, giving a much needed reprieve for the entertainment businesses, which are among the last to get a green light to resume operations.
Gov. Andrew Cuomo said this weekend that cinemas, except for those in New York City and counties with high infection rates, may reopen at 25% capacity Friday, with up to 50 people per screen. Ski resorts may open at 50% indoor capacity beginning Nov. 6, and outdoor capacity on mountains will be cut by 25% during peak days.
The decision lands as the movie industry has been struggling to stay afloat amid lockdown restrictions. Hollywood studios have delayed the release of their big 2020 films. Moviegoers have been reluctant to show up, at least without new blockbusters.
In the United States, about 48% of theaters have reopened so far, according to researcher Comscore.
New York’s limited cinema opening is “welcome news” for the industry, said Paul Dergarabedian, senior media analyst at Comscore.
“As we’ve seen in Los Angeles [where movie theaters have not reopened], those counties within commuting distance of closed cities have seen a notable uptick in attendance,” Dergarabedian said.
AMC Entertainment Holdings, the largest cinema company in the world, said it is doing everything it can to raise cash to weather the pandemic. Cineworld Group has temporarily suspended operations at all its American and British movie theaters.
"movie" - Google News
October 19, 2020 at 10:26PM
https://ift.tt/3jlyGZX
State moves to reopen movie theaters, ski resorts - Crain's New York Business
"movie" - Google News
https://ift.tt/35pMQUg
https://ift.tt/3fb7bBl
Bagikan Berita Ini
0 Response to "State moves to reopen movie theaters, ski resorts - Crain's New York Business"
Post a Comment