BREAKING' Rentrak said roughly 300 movie theaters stretching from Washington DC to Boston remained dark on Tuesday in the wake of Superstorm Sandy. There's no word yet on when they'll reopen. The hardest hit areas are New York City, Long Island, New Jersey, and Connecticut - and it could be days before all theaters there reopen. In terms of loss, domestic box office revenues could take a -25% hit because of the closures. Revenues came in at roughly $6 million Monday, versus $10 million a year ago. (Though some of that -39% decline was due to an overall soft market). But Ben Affleck's Argo from Warner Bros increased +49% from Monday to Tuesday in NY yesterday. 'I suspect things will improve by the weekend in Manhattan,' one studio distribution exec tells me. In NYC, I'm told that AMC still has 20 theatres down, most due to power outages. Regal has 13 still down but others are all up and running. 'At one point there were more than 130 theatres closed. Amazingly, Regal's Battery Park is up and running!,' another distribution exec says.
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