Marité Ugás’ Tribeca international narrative competition entry “Contactado” now has a first teaser-trailer, dropped by sales agent FiGa Films, which captures the main emotional crux and hints at the main story line of a psychological thriller. Set in Lima, its local market and dramatic hinterland of sacred Inca sites, wave-pounded beaches, huge cliffs and dusty
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China’s Dalian Wanda has dismissed talk of the imminent bankruptcy of AMC Theaters as “pure rumors.” The coronavirus outbreak has kept all North American cinemas closed since March. The Chinese property conglomerate has seen its entertainment investments slashed since 2018. But it remains publicly-traded AMC’s largest single shareholder. Contacted by Variety on Tuesday, Wanda offered
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China’s top administrative body has officially “recommended” that cinemas and other entertainment venues remain closed for the foreseeable future due to coronavirus concerns. That spells continued trouble for Chinese cinemas, even as other business sectors get back to work. China’s cabinet, the State Council, singled out enclosed entertainment venues like cinemas in a new announcement
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Entertainment conglomerate Endeavor’s mixed martial arts business took a hit last week with the cancellation of the UFC 249 pay-per-view and all other upcoming fight cards due to the ongoing coronavirus pandemic. However, UFC president Dana White says that the company has found a way to move forward with its live promotions. “We built the
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Supernatural horror film “Encircled” looks set to go into production in Australia, at a time when almost all other movie shoots are suspended due to the coronavirus outbreak. Australia’s nationwide lockdown is set to be in place for many more months, but the “Encircled” producers have no intention of breaking the country’s stay-at-home directives. Rather
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In today’s film news roundup, Ava DuVernay starts a grant program, “Valley Girl” gets a digital release, Nikolaj Coster-Waldau’s “The Silencing” gets a U.S. release and Edward James Olmos announces a retrospective.  ARRAY GRANTS  Ava DuVernay’s non-profit foundation Array Alliance has launched a $250,000 funding initiative for organizations and individuals dedicated to narrative change by
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Netflix is benefiting from Wall Street enthusiasm in the time of “quarantine and chill.” Shares of the streaming leader rallied to approach their all-time high Tuesday, as investors have elevated expectations for how the COVID-19 pandemic has likely increased Netflix’s subscriber signups at the tail end of the first quarter. Netflix’s stock closed Tuesday at
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Endeavor Content and production company Keller/Noll launched “Factorious” on Tuesday, a game show podcast led by television host Matt Iseman. The trivia series offers contestants clues and relevant facts to win cash prizes, with guidance from Iseman, of “American Ninja Warrior,” and a previous winner himself of “The Celebrity Apprentice.” He’s a four-time Emmy nominee,
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The Directors Guild of America-Producers Pension and Health Plans have approved allowing emergency loans to members from the supplemental benefit plan for the next three months starting on May 1 through July 31. The Board of Trustees announced Tuesday that it had voted unanimously to approve the initiative to assist participants experiencing financial hardship during
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“The Innocence Files” is Netflix’s latest true crime offering and, according to executive producers — and documentary powerhouses — Liz Garbus, Alex Gibney and Roger Ross Williams, it could change how Americans view a wildly unequal criminal justice system. The nine-episode series premieres on April 15 and focuses on the work of the Innocence Project,
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Newly launched Capacitor Studios is fast-tracking development of a television/streaming series with Cosmic Kids, the YouTube channel whose yoga and meditation exercises have become exceedingly popular with parents of small children during the coronavirus-induced lockdown. Variety has learned that the new project, a mix of live action and animation, will “take kids on exciting yoga
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The world cinema festival circuit will never want for moody coming-of-age stories covering slow summers and restless desires: It takes either a harder touch or an extraordinarily delicate one to stand out amid the sultry languor of the genre. Uruguayan writer-director Lucia Garibaldi’s debut feature “The Sharks” somehow aims for both in its portrayal of
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Layoffs have begun at Valence Media, the conglomerate that owns editorial operations like The Hollywood Reporter and Billboard, and content shops like Dick Clark Productions and Media Rights Capital. Senior writers and editors at Billboard and Vibe magazines were pink slipped early Tuesday, employees tweeted. Cuts at THR are also expected to begin on Tuesday,
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