New York, state New York state New York virus president pandemic New York, state New York state New York

Movie theaters request bailout from Congress due to virus

Reading now: 990
www.clickorlando.com

NEW YORK, N.Y. – Faced with a lengthy shutdown due the coronavirus pandemic, movie theaters are requesting relief from the U.S.

government. The National Organization of Theater Owners, the trade group that represents most of the industry's cinemas, said Wednesday that it's asking for immediate federal help for its chains and its 150,000 employees.

The theaters are requesting loan guarantees for exhibitors, tax benefits for employees and funds to compensate for lost ticket sales and concessions.

NATO said the movie theater industry is “uniquely vulnerable” to the crisis, and needs assistance to weather a near total shutdown of two to three months. “This is an unprecedented challenge to the business,” said John Fithian, president and chief

Read more on clickorlando.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Gotabaya Rajapaksa - The economy is recovering, says President during meeting with professionals - newsfirst.lk
newsfirst.lk
39%
528
The economy is recovering, says President during meeting with professionals
COLOMBO (News 1st); President Gotabaya Rajapaksa said that the nature or extent of the challenges will not matter in fulfilling the promises made to the people.He noted that development activities continue in the country while taking necessary steps to control the COVID-19 pandemic.The President also pointed out that the economy, which had been collapsed for nearly two years, is gradually recovering.The President made these remarks participating in the first round of discussions in a series of sessions with professionals representing various fields, held at the President’s House on Friday (11).The professionals who participated in the discussion said that they are further committed to make the national programme a success by giving the necessary strength to achieve the goals desired by the President, said a statement.The professionals vehemently rejected the allegations spread by some sections with the objective of achieving narrow political agendas, the statement added.Experts in the field said that the new approach to agriculture initiated by the President is being continuously supported by the researchers and entrepreneurs who are engaged full time in these fields, further noted the statement.Representatives from a wide range of fields, including education, policy, sociology, agriculture, research, water and renewable energy, medical, engineering and innovation, were present at the discussion with the President.Ministers, State Ministers, Members of Parliament, the Governor of the Central Bank, the Secretary to the President, the Principal Advisor to the President and many others were also present.
DMCA