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Cash-Strapped Euro Exhibitors Facing Post-Lockdown Rent Squeeze

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variety.com

Elsa Keslassy International CorrespondentWith theatrical admissions free-falling due to the lack of U.S. blockbusters, cash-strapped European exhibitors are up in arms about paying rent for the months they were dark due to COVID-19.Apart from Denmark and Sweden, where governments have stepped up to pay full or partial rent, other European countries have deferred — but not waived — rent expectations during months-long shutdowns.Exhibitors aren’t the only business owners to face off with landlords over rent, with shops and restaurants also in difficult positions; however, theaters haven’t been able to kickstart their activities since reopening last month.

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