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Andrew Cuomo Will Allow Movie Theaters Outside Of New York City To Reopen

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Movie theaters have been slowly, nervously reopening across the nation, despite the fact that coronavirus cases continue to spike. One place that has kept multiplexes shuttered is New York State, one of the first places in America to be hit hard by the pandemic. Even as cases have largely shrunk, and even as indoor dining has returned with limited capacity, Governor Andrew Cuomo has held steadfast in his belief that theaters are good places for high infection rates. But now, as per The Hollywood Reporter, he’s changed his mind — sort of.

THR reports that Cuomo is allowing theaters to reopen across the state, with two caveats: They have to be limited capacity, and theaters in New York City will remain closed. Neither is surprising. Most theaters that have reopened have done so with a laundry list of COVID-19 precautions, and Cuomo’s orders include 25 percent capacity, or about 50 people per showing. There’s more:

During Cuomo’s afternoon press conference, he noted theaters will only open outside of New York City in counties that are below 2 percent COVID-19 positivity on a 14-day average and have no “cluster zones.” Safety precautions also include the wearing of masks at all times except when seated and eating and drinking, and social distancing between parties. Assigned seating will be required in all theaters.

As for New York City — one of the biggest moviegoing markets in the nation, with not just multiplex chains but a vast array of art house and repertory theaters — it will keep on keepin’ on. The metropolis was once the global epicenter of the pandemic, and though cases have plateaued, they have been on the rise in certain neighborhoods, jeopardizing everyone else. Meanwhile, Broadway theaters won’t be opening till the spring, and even that’s tentative.

Cuomo’s about-face comes a couple weeks after the Global Cinema Federation sent a letter to Cuomo, begging him to help save an ailing industry.

“Without new movies to play in our cinemas, many members of the global exhibition community will be forced to close their doors again. Many of these companies will not survive,” stated the letter. “On August 19 you said, ‘movie theaters, I think, are next.’ More than a month later, there is still no clear path for movie theater reopenings in New York. This state of limbo, with no set reopening plans or dates, is what is scaring the studios away from releasing their films this year.”

Theaters that can reopen in New York State are set to do so on October 23. Among the big films still slated to hit theaters before the end of the year are Wonder Woman: 1984, scheduled for December 25.

(Via THR)

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Radhika Apte reveals real reason why she got married

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Radhika Apte needs no introduction to Kollywood fans after her appearance as Superstar Rajinikanth’s wife in ‘Kabali’ directed by Pa Ranjith.  The intense actress impressed with her performance of a meek girl to a mother of a grown-up and especially her reunion scene with Rajini took the audience on an emotional ride.

Radhika is happily married to her British boyfriend Benedict Taylor who is a singer and she shuttles between Mumbai and London to balance her personal and professional life.

Radhika Apte in her most recent interaction with Vikranth Massey on social media from London has admitted that she does not believe in the institution of marriage.  When asked why she got married the talented performer replied that it is easier for married people to get a British visa and that’s why she and her man opted for it in 2012.

Radhika is currently chilling with Taylor in their London home during the lockdown and will soon start filming her next English film ‘Noor Inayat Khan’ in which she plays a spy based on a true story.

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Jacqueline Fernandez shares picture of her being in ‘happy place’

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Actor Jacqueline Fernandez is working on a secret project where she found herself in a ‘happy place’. Taking it to Instagram on Sunday, the 35-year-old actor shared a picture dressed up like a traffic police officer as she is seen laughing her heart out.

“How was everyone’s Sunday?? Fun project coming up soon! #myhappyplace,” wrote Fernandez along with a picture where she is also seen holding a coffee mug. The ‘Kick’ actor also shared a few Instagram stories of her getting ready for the upcoming project.

Recently, the actor extended gratitude to her fans after the number of Instagram followers hit the 46 million mark.

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Why an ‘active’ approach to risk modelling is key to navigating markets today

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Whether investors are aiming for a cautious approach or a riskier investment profile with the potential for higher returns, Architas’ Blended Fund range is designed to match a range of investor risk appetites. And like many asset managers, Architas predominantly uses two approaches to define asset allocation within the five risk bands used in the Blended Range – strategic and tactical.

Whilst risk model provider EValue’s quantitative approach to asset allocation takes into account the long-term performance of different asset classes and the likely future performance given current valuations, along with long-term measures of volatility and correlations with other asset classes. Yet as with most systems of its kinds, EValue focuses on the long term; it is unable to analyse short-term market movements and fluctuations. So whilst it would have seen that in Q1 2020 markets fell by a record percentage before rebounding, it will not be able to factor in the cost of the coronavirus and lockdown and its impact on markets. Similarly, it is not able to consider ongoing Brexit woes, geo-political trade wars or the outcome of the US election in 2020.

Click here for the full article and to access more about the flexibility of the Architas Blended Range by clicking on the box below.

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