‘Tenet’ Crosses $ 300 Million at Global Box Office

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Warner Bros. ‘ The action spy thriller “Tenet” has topped $ 300 million at the global box office.

The Christopher Nolan-directed film also grossed $ 45 million domestically, grossing more than $ 2.7 million in U.S. theaters this weekend despite continued theatrical closures amid the coronavirus pandemic.

The slow sales of tickets for “Tenet” did not convince other major studios to release their big budget films like MGM’s new James Bond opus “No Time to Die”.

The 007 story has been pushed back to 2021.

“TENET” AND “NEW MUTANTS” ARE NOT ENOUGH TO GET US BACK TO THE CINEMA

MGM, Universal and Bond producers Michael G. Wilson and Barbara Broccoli, today announced the release of NO TIME TO DIE, the 25th film in the James Bond series, will be delayed until April 2, 2021 in order to ‘be seen by a global actor theatrical audience’, franchise Twitter account ad Friday.

“We understand that this delay will be disappointing for our fans, but we are now looking forward to sharing NO TIME TO DIE next year,” the statement concluded.

In other film information, Cineworld Group Plc said on Monday that 536 Regal theaters in the United States and 127 Cineworld and Picturehouse theaters in the United Kingdom would close on Thursday. Some 45,000 employees are affected.

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The company has high debts and, like the entire industry, is grappling with the effects of the pandemic. He said that with the closure of major markets such as New York and no indication of when they will reopen, “studios have been reluctant to release their portfolio of new films.

Without these releases, the company cannot give customers “the breadth of powerful commercial films needed for them to consider returning to theaters amid COVID-19.”

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“This is not a decision we took lightly, and we have done everything in our power to support safe and sustainable re-openings in all of our markets – including by meeting and often exceeding local guidelines. in health and safety in our theaters and by working constructively with regulators industry bodies to restore public confidence in our industry, ”said Mooky Greidinger, CEO of Cineworld.

The Associated Press contributed to this report.



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