Marcus CEO Says Strikes “Nothing Like” Covid Hit To Theaters: “Mom And Dad Are Fighting [But] Have To Live In The Same House”
deadline.comMarcus Corp. CEO Greg Marcus insisted today that dual Hollywood strikes are nowhere near as threatening to exhibition as Covid was amid hand-wringing that a second massive hit to movie theaters is unfolding.
A handful of release dates have shifted with actors unable to promote films given the SAG-AFTRA strike. The impact is “difficult, if not impossible, to handicap,” he acknowledged during a call with Wall Streeters after quarterly earnings.
But, he said, “Here’s what this isn’t. This isn’t anyone questioning whether [people] want to go to the movie theater. This isn’t Hollywood saying they are shifting movies to streaming, and suggesting the future is day-and-date releases.
This isn’t facilities closed and people afraid to be together.” “What this is, is a labor dispute. Does a business on the mend need this?
Read more on deadline.com
