With the COVID-19 pandemic threatening the survival of U.S. cinemas, the lobby representing theater companies on Monday called on Congress to pass a stimulus package that includes $15 billion in relief for independent entertainment venues latimes.com/entertainment-…
The Washington, D.C.-based trade group is pushing lawmakers to pass the so-called Save Our Stages relief plan as part of a larger economic stimulus package during Congress’s lame-duck session following the presidential election victory of Biden over Trump latimes.com/entertainment-…
The legislation would allow Small Business Admin grants equaling 45% of a venue’s 2019 revenue or $12 million, whichever is less.
(Venue operators would be eligible for a 2nd grant equal to 50% of the first award) latimes.com/entertainment-…
(Venue operators would be eligible for a 2nd grant equal to 50% of the first award) latimes.com/entertainment-…
Save Our Stages was originally introduced as a $10-billion program to help venues, such as live concert halls, before they expanded its reach.
Democrats and Republicans were unable to compromise on a new economic relief package before last week’s election latimes.com/entertainment-…
Democrats and Republicans were unable to compromise on a new economic relief package before last week’s election latimes.com/entertainment-…
A rise in cases in the U.S. has made the situation more precarious for theater owners, which employ roughly 150K.
Theater stocks rose sharply Monday after Pfizer said early data showed its vaccine candidate may be 90% effective at preventing COVID-19 latimes.com/entertainment-…
Theater stocks rose sharply Monday after Pfizer said early data showed its vaccine candidate may be 90% effective at preventing COVID-19 latimes.com/entertainment-…
Back in September, dozens of famous filmmakers, including Judd Apatow, James Cameron, Christopher Nolan, Jordan Peele, Wes Anderson, Clint Eastwood and Ang Lee, signed a letter calling on the federal government to provide support for the movie industry latimes.com/entertainment-…
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