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About 60% of the movie theaters in the country — though not the major chains — would be in line for several billion dollars in grants if Congress can agree on a coronavirus stimulus package.
Negotiations on a bill were jumpstarted on Tuesday, when a bipartisan group of senators offered a $908 billion plan. Senate Majority Leader Mitch McConnell circulated his own framework that would provide about $500 billion.
Both proposals include $15 billion for live event venues and movie theaters, aides on both sides of the aisle confirmed to Variety. So while the sides remain apart on several other issues, there is broad agreement about bailing out theaters, restaurants and music venues.
McConnell and House Speaker Nancy Pelosi spoke on Thursday, as hopes rose that a deal could be achieved.
“Compromise is within reach,” McConnell said on the Senate floor on