Friday: Indie Financier TPC Buys Mind The Gap; AMC Revenues Drop As Starz Jumps; Chalamet & Jenner Step Out; Dustin Hoffman Film Heading To Cannes

It's Friday, May 9th. Here's what you need to know.

🎥 Today's Headlines

Indie Film Financier TPC has expanded its global presence by acquiring Australia's Mind the Gap Film Finance, boosting its reach in the Australian market after recent expansions in the U.K. and Vancouver. (Source: Deadline)

AMC Entertainment Holdings Inc. reported a first-quarter revenue of $862.5 million, a 9.3% decrease from the previous year. This represents a net loss of $202.1 million, attributed to the weakest January–March box office performance since 1996, though CEO Adam Aron anticipates a rebound with upcoming blockbusters and ongoing theater enhancements. (Source: Variety)

NEA grant terminations are hitting film festivals nationwide. The nonprofit behind the True/False documentary festival in Columbia, MO, along with numerous other arts organizations, received abrupt email notifications last Friday that their National Endowment for the Arts grants were terminated, following President Trump's announcement to eliminate the NEA (Source: Deadline)

Starz, which recently completed its separation from Lionsgate and began trading as a standalone public company on the Nasdaq, saw a 40% surge on its first day, closing at $11.20, after announcing the split earlier Wednesday. (Source: Deadline)

Timothée Chalamet and Kylie Jenner made their red carpet debut as a couple at the 70th David di Donatello Awards in Rome, where Chalamet was honored with the David for Cinematic Excellence, and the couple coordinated in black outfits while displaying affection throughout the evening. (Source: Variety)

The Revisionist, a drama starring Dustin Hoffman, Alison Brie, André Holland, and Tom Sturridge, is headed to Cannes with Palisades Park Pictures handling international sales and WME Independent managing North America; directed by Alex Vlack, the film explores a novelist's descent into manipulation and betrayal. (Source: Deadline)

🎬 MNP Studio Index

Friday, May 9th (Market Close)
📈 UP 1.27%

📱MNP Streaming Index

Friday, May 9th (Market Close)
📈 UP 0.28%

🍿MNP Theater Index

Friday, May 9th (Market Close)
📈 UP 0.67%

🎟️ Film Festivals & Conferences

Today:

• IndieLisboa Film Festival, Portugal – May 1–11
• UK Asian Film Festival, UK – May 1–11
• Doc’n Roll Brooklyn, US – May 5–10
• Cine International Film Festival, UK – May 7–10
• DocsBarcelona, Spain – May 8–18

Upcoming:

• HipHop CineFest, Italy – May 9–10
• Cannes Film Festival, France – May 13–24
• Marché du Film, France – May 13–21
• Cine Las Americas International Film Festival, US – May 14–18
• Harlem International Film Festival, US – May 15–18
• Ridgefield Independent Film Festival, US – May 15–18
• Seattle International Film Festival, US – May 15–25

📺 Watch This Tonight

Paris, Texas (1984), Directed by Wim Wenders
Wender's classic slow burn, with the legendary Harry Dean Stanton, Nastassja Kinski and Dean Stockwell.

📢 Disclaimer/Transparency
MovieNewsPro is a film industry news monitoring service. All stories have been previously reported elsewhere and are not exclusive stories to MNP. All information is believed to be accurate at the time of reporting. MovieNewsPro uses a full array of technology to gather information, including machine learning, automation and artificial intelligence throughout its business monitoring, editing and reporting process. MovieNewsPro sector indexes (Streaming, Studio and Theater) are virtual indexes - there are no actual funds invested. Sector index total value dollar amounts are based on an initial hypothetical investment of $100,000 on March 17th, 2025. We are not licensed investment advisors and our information should not be used as investment advice.