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Everyman cinemas secures rent cuts as lockdown hits

Everyman cinemas secures rent cuts as lockdown hits Everyman has been forced to close all 35 of its cinemas again Cinema group Everyman Media today said it has secured further rent concessions from landlords as it battles closures during the latest national lockdown. The upmarket chain, which operates 35 venues across the UK, said it had also focused on reducing capital expenditure and operating costs. “We remain optimistic for the coming year post-lockdown and continue to have confidence in people’s appetite to socialise and to be entertained; we believe we will be in a strong position once it is safe to welcome back our customers and teams,” said executive chairman Paul Wise.

Peckhamplex, Rio Dalston and Prince Charles cinemas amongst DCMS grant recipients

Peckhamplex, Rio Dalston and Prince Charles cinemas amongst DCMS grant recipients The Prince Charles is among those receiving cash (Pic: Getty Images) Some of London’s best-loved cinemas have received vital funds from the Government’s Cultural Recovery Fund, it emerged today. Some £16m has been injected into more than 200 independent cinemas across the country. Peckhamplex, a multi-screen cinema famed for showing the latest blockbusters at knockdown £4.99 prices, received £564,423 from the Government scheme. The Rio Dalston received £110,296, Kino Bermondsey £108,902 whilst the Castle Cinema in Hackney received £369,911. Genesis in Mile End and the Catford Mews both received grants, as did the Prince Charles Cinema just off Leicester Square.

Over 200 independent cinemas supported through the Culture Recovery Fund this Christmas

Over 200 independent cinemas supported through the Culture Recovery Fund this Christmas Culture Secretary Oliver Dowden announces over £16m in grant awards for independent cinemas across England from Penrith to Penzance and a further £14m for a second round of the Culture Recovery Fund 20 December 2020 The Ultimate Picture Palace, Oxford More than 200 independent cinemas across England are being supported with £16m in grants from the government’s £1.57bn Culture Recovery Fund administered by the BFI. 202 cinemas have received funding so far from a £30m pot allocated by the BFI on behalf of the Department for Digital, Culture, Media and Sport, as part of the biggest ever single investment in this country’s cultural sectors. More grant applications from independent cinemas are also currently being assessed. Cinemas will be able to apply for another £14m in grants in the new year as part of the second round of the Culture Recovery Fund. The new rou

U K Extends COVID Insurance Scheme, Adds Coverage for Actors Over 70; Distributes $21 Million in Cinema Grants

U K Extends COVID Insurance Scheme, Adds Coverage for Actors Over 70; Distributes $21 Million in Cinema Grants
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