James Cameron, Christopher Nolan and Others Pen Letter Urging Congress to Save Theaters
Movie theaters have been hit hard during the COVID pandemic due to restrictions that more or less discourage moviegoing along with an utter lack of high profile films to lure audiences out of their homes with. As such, a number of high profile filmmakers, including James Cameron, Christopher Nolan, Clint Eastwood, Zack Snyder, Steven Soderbergh, Martin Scorsese, M. Night Shyamalan and Edgar Wright (among many others) have reached out and called on Congress to reallocate funds from the CARES Act proposals to movie theaters in order to keep them alive.
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Its great to see some of Hollywoods finest come together in order to save cinemas, which have lost absurd amounts of money. In an article in the LA Times, it was reported that AMC Theatres, the worlds largest cinema operator, posted a massive loss for its most recent fiscal quarter totaling $561 million as a result of the pandemic. Yikes. Hopefully, this letter moves Congress to some sort of action to save the theatrical experience from vanishing altogether.
Heres the letter in its entirety (via Deadline):
Dear Leader McConnell, Speaker Pelosi, Leader Schumer, and Leader McCarthy:
Thank you for your leadership at this challenging time for our country. As you consider forthcoming COVID-19 relief legislation, we ask you to prioritize assistance for the hardest-hit industries, like our countrys beloved movie theaters.
No doubt you are hearing from many, many businesses that need relief. Movie theaters are in dire straits, and we urge you to redirect unallocated funds from the CARES Act to proposals that help businesses that have suffered the steepest revenue drops due to the pandemic, or to enact new proposals such as the RESTART Act (S. 3814/H.R. 7481). Absent a solution designed for their circumstances, theaters may not survive the impact of the pandemic.
The pandemic has been a devastating financial blow to cinemas. 93% of movie theater companies had over 75% in losses in the second quarter of 2020. If the status quo continues, 69% of small and mid-sized movie theater companies will be forced to file for bankruptcy or to close permanently, and 66% of theater jobs will be lost. Our country cannot afford to lose the social, economic, and cultural value that theaters provide.
The moviegoing experience is central to American life. 268 million people in North America went to the movies last year to laugh, cry, dream, and be moved together. Theaters are great unifiers where our nations most talented storytellers showcase their cinematic accomplishments. Every aspiring filmmaker, actor, and producer dreams of bringing their art to the silver screen, an irreplaceable experience that represents the pinnacle of filmmaking achievement.
As well as their critical cultural impact, theaters are economic force multipliers. In addition to the 150,000 employees working in cinemas nationwide, the industry supports millions of jobs in movie production and distribution, and countless others in surrounding restaurants and retailers that rely on theaters for foot traffic. Movie theaters are also leaders in employing underrepresented groups, including people with disabilities, senior citizens, and first-time job holders. Cinemas are an essential industry that represent the best that American talent and creativity have to offer. But now we fear for their future.
Theaters need specific relief targeted to their circumstances. We urge you to come together on abipartisan solution that provides this relief, by reallocating unspent funds from the CARES Act toward programs designed for industries like movie theaters, or by enacting new proposals such as the RESTART Act. These solutions would fulfill Congresss intent in helping severely distressed sectors of the economy and ensure that our resources are focused on the industries that need them the most.
Please fight for our countrys beloved and essential cinemas by including relief for them in anyforthcoming COVID-19 legislation. Thank you for your leadership and for considering this request.
Sincerely,
John Fithian President & CEO, NATORuss Hollander, National Executive Director, DGACharles Rivkin, Chairman & CEO, MPAThomas Schlamme, President, DGA
Adewale Akinnuoye-Agbaje, Wes Anderson, Judd Apatow, Jon Avnet, Sean Baker, Noah Baumbach, Michael Bay, Susanne Bier, Barbara Broccoli, James Cameron, Antonio Campos, Damien Chazelle, Jon M. Chu, Sofia Coppola, Alfonso Cuarn, Lee Daniels, Dean Devlin, Clint Eastwood, Andrew Erwin, Jon Erwin, Paul Feig, Shana Feste, Scott Frank, Cary Joji Fukunaga, Greta Gerwig, Evan Goldberg, Paul Greengrass, Leslie Greif, Luca Guadagnino, Catherine Hardwicke, Alma Harel, Albert Hughes, Allen Hughes, Alejandro Gonzalez Irritu, Barry Jenkins, Patty Jenkins, Rian Johnson, Miranda July, Nicole Kassell, Jon Landau, Francis Lawrence, Mimi Leder, Ang Lee, Rob Letterman, Shawn Levy, Richard Linklater, James Mangold, Sam Mendes, Adam McKay, Steve McQueen, Ted Melfi, Reed Morano, Christopher Nolan, David O. Russell, Todd Phillips, Guy Ritchie, Seth Rogen, Joachim Rnning, Michael R. Roskam, Martin Scorsese, M. Night Shyamalan, Zack Snyder, Steven Soderbergh, Joey Soloway, David E. Talbert, Betty Thomas, Emma Thomas, Liesl Tommy, Denis Villeneuve, Taika Waititi, James Wan, Lulu Wang, Chris Weitz, Paul Weitz, Michael G. Wilson, Edgar Wright, Joe Wright, Cathy Yan, David Yates.
Link:
James Cameron, Christopher Nolan & More Urge Congress to Save Theaters - ComingSoon.net
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