Friday: X Files Movie; Roku Disappoints; Indie Filmmakers To Watch; Bugonia Release Date; Hot Rat Summer; Cinemark Earnings & Stock Buyback
The X Files movie appears to be a go with both Ryan Coogler and Gillian Anderson on board. Plus, Cinemark announces a stock buyback while Roku lowers its revenue forecast. Finally, look out for rats, now heading your way courtesy of Lionsgate.
It's Friday, May 2nd. Here's what you need to know.
Today's Headlines
Fresh off the success of his vampire epic Sinners, Ryan Coogler is set to revive X-Files, with original star Gillian Anderson expressing interest in participating. (Source: IndieWire)
Roku lowered its annual revenue forecast and projected second-quarter earnings below Wall Street expectations due to economic uncertainty, tariffs, and intense competition from Amazon and Apple, while also announcing the $185 million acquisition of Frndly TV to boost platform revenue. (Source: Roku)
Is there an independent filmmaker wave about to storm Hollywood in the wake of Sean Baker's Oscar win for Anora? Some say yes. (Source: Backstage)
Yorgos Lanthimos and Emma Stone’s sci-fi comedy Bugonia—a remake of Save the Green Planet—will debut earlier than planned, opening in select theaters on October 24 and expanding nationwide by October 31, ahead of its original November 7 release. (Source: Variety)
Lionsgate has partnered with Pitch Perfect producer Paul Brooks to launch international sales at Cannes for Rats!, a survival horror film about a deadly rat infestation in New York City, directed by Todd Strauss-Schulson and produced by Jason Fuchs. (Source: Deadline)
Cinemark reported $541M in Q1 revenue and a $39M loss today, outperforming industry trends. The company also launched a $200M buyback. “Cinemark once again delivered outsized box office results in the first quarter, surpassing industry benchmarks both domestically and internationally, despite a suppressed box office environment that was impacted by lingering effects of the 2023 Hollywood strikes,” stated Sean Gamble, Cinemark’s President and CEO. (Source: Cinemark Press Release)
Box Office Rankings
Wednesday, April 30th
1) Sinners - $6,102,652
2) Star Wars - Episode III - $3,457,111
3) The Accountant 2 - $1,492,438
4) A Minecraft Movie - $1,020,112
5) Until Dawn - $554,316
Source: Box Office Mojo
Film Festivals/Conferences Today
Atlanta Film Festival, US - April 24-May 4
HotDocs, Canada - April 24-May 4
JFilm Festival, US - April 24-May 4
Milwaukee Film Festival, US - April 24-May 8
IndieLisboa Film Festival, Portugal - May 1-11
UK Asian Film Festival, UK - May 1-11
Upcoming Film Festivals/Conferences
Doc ‘n Roll Brooklyn, US - May 5-10
Screen Forever, Australia - May 6-8
Cine International Film Festival, UK - May 7-10
DocsBarcelona, Spain - May 8-18
HipHop CineFest, Italy - May 9-10
Cannes Film Festival, France - May 13-24
Watch This Tonight
In The Mood For Love (2000), Directed By Wong Kar-Wei
Style for miles. One of the auteur's best.
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.
