Filmmakers ask Congress to save cinemas from bankruptcy

Famed directors Clint Eastwood, Christopher Nolan, Martin Scorsese and other filmmakers have teamed up to save American cinemas from bankruptcy due to the coronavirus pandemic.

The filmmakers are calling on Congress to help an industry struggling with the outbreak. The National Association of Theater Owners, along with the Directors Guild of America) and the Filmmakers Association, have joined forces to call on Senate Majority Leader Mitch McConnell, House Speaker Nancy Pelosi, Senate Minority Leader Chuck Schumer, and House Minority Leader Kevin McCarthy to help save movie theater chains. Dozens of directors, writers and producers wrote a letter to persuade Congress to allocate unallocated funds from the CARES Act to help theater owners.

The group said 93% of cinemas suffered a 75% loss in the second quarter of 2020. They said that if the trend continues, 69% of small and medium-sized cinemas will have to file for bankruptcy or close for good. This means that 66% of movie theater employees will lose their jobs.

“Our country cannot afford to lose the social, economic and cultural value of cinemas. The movie experience is central to American life. Last year, 268 million people in North America went to the movies to laugh, cry, dream and rejoice together, ”the letter said.