New and Latest Movies News from Hollywood

It’s day one of Showest: the theater industry’s annual convention where the movie studios trot out their wares for the theater owners. This year, all is coming up roses with business up 10 percent over last year’s numbers thanks in large part to the success of 3-D. In fact, of the 31 films in 2009 that crossed the $100 million mark, seven of them featured an extra dimension. As such, John Fithian, president of the National Association of Theater Owners, was happy to report that the major financing for the roll-out of 3-D is complete. Plus, this bottleneck that’s expected over the next few months with too much 3-D product and not enough screens should ease up as the theaters roll out an additional 2,500 screens by the end of the year. Read More ...