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Keyword: movietheaterbailout

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  • Movie Business Leaders Urge Congress to Fund Theater Bailout

    09/30/2020 3:15:35 PM PDT · by EdnaMode · 45 replies
    Variety ^ | September 30, 2020 | Dave McNary
    Leaders of the nation’s movie theater business, which has been hammered by the COVID-19 pandemic, are urging Congress to provide bailout funds so the industry can survive. The letter urges Senate Majority Leader Mitch McConnell, House Speaker Nancy Pelosi, Senate Democratic Leader Chuck Schumer, and House Republican Leader Kevin McCarthy to redirect unallocated funds from the CARES Act to proposals that help businesses that have suffered the steepest revenue drops due to the pandemic. The National Association of Theatre Owners, the Directors Guild of America, the Motion Picture Association and more than 70 directors, producers, and writers signed the letter....