Movie theaters face uncertain future as country reopens

Greenberg Glusker Entertainment and Tax Partner, Sky Moore, speaks to Axios about the future of movie theaters in the article, "Movie theaters face uncertain future as country reopens," published on June 16, 2020.

Excerpt:

For movie studios, there's no question that big blockbusters need to debut on the big screen in order to make real money, which is why those theatrical releases are delayed, not cancelled. But for smaller films and indie titles, that calculation is different.

• "The whole theatrical experience has been dying for films under $100 million for some years now," said Schuyler Moore, partner at Greenberg Glusker.
• "What's now happened is to the extent that there was a window, it's now absolutely slammed shut," he said of smaller films.

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