One of France's most famous cinemas is to shut its doors for August because so few people want to risk seeing movies on the big screen.
Managers at the enormous Grand Rex, which remained open in the centre of Paris throughout the Second World War, said on Monday that Hollywood studios were also to blame for holding back the release of so many summer blockbusters.
The Federation of French Cinemas said on Monday that the industry was being crippled as they demanded state aid to help them through the crisis.
"Between the drop in admissions and the lack of new American films that traditionally are a big summer draw, we have decided to close our doors from August 3," said the Grand Rex's manager, Alexandre Hellmann.
"We will lose less money by closing than by staying open with this depressing box office."
With 2,700 seats, the seven-screen Grand Rex's largest theatre is one of the biggest in Europe, with a 300-square-metre screen.
Many French cinemas have been all but empty since they were allowed to reopen after an eight-week lockdown last month.
The cinema federation appealed to banks and landlords to give its members leeway, saying it was "absolutely necessary that the government also take urgent action to refinance" the sector.
Social-distancing rules mean cinemas are allowed to be only half full.
Audiences have mostly stayed away despite a poll finding that nearly a third of the country's population was keen to get back in front of the big screen.
Several cinema managers said the postponement of Top Gun 2, Wonder Woman 1984 and Christopher Nolan's spy drama Tenet, as well as the Disney big-budget family movie Mulan, had helped to kill the buzz on which they were counting to draw people back.
"It is much tougher than we imagined," said Aurelie Delage, manager of the six-screen Cinemascop Megarama at Garat in western France.
"I am not looking at the figures. This can't last."
But the lack of competition from Hollywood has helped some smaller French films to make an impact at the box office.
The comedies Divorce Club and Tout Simplement Noir (Very Simply Black) helped to push admission through the one-million barrier last week for the first time since the end of the lockdown.
Several big French releases have also been put back to September and beyond.
A study last week showed the French box office was down almost 70 per cent on the same period last year with only arthouse cinemas bucking the trend.
Yet the traditionally cinephile French have still been far more enthusiastic about returning to cinemas than their neighbours.
German cinema entries are down to just 17 per cent of normal levels and the situation in Spain is even more catastrophic at just 13 per cent, the Comscore study showed.
War 2
Director: Ayan Mukerji
Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana
Rating: 2/5
Winners
Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)
Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)
Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)
Best Young Women’s Player
Vicky López (Barcelona / Spain)
Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)
Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)
Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)
Women’s Coach of the Year
Sarina Wiegman (England)
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Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
- Option 2: 50% across three years
- Option 3: 30% across five years
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2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
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