As a moviegoer in your group, I’m writing to ask you to avoid wasting our native film theaters. Without your assist, we might lose our beloved cinemas and a cherished American pastime. I urge you to assist the RESTART Act (S. 3814/H.R. 7481), and to please press Treasury and the Federal Reserve to implement extra aid measures for cinemas of all sizes.
Movie theaters needed to shut down early on within the pandemic and shall be among the many final to get better. Over the previous few months film theaters have earned nearly no income amidst mounting fastened bills. Even when theaters can reopen, the highway for restoration shall be lengthy due to the very nature of film theaters as public gathering locations.
I urge you to avoid wasting theaters by supporting the RESTART Act (S. 3814/H.R. 7481), which is able to give film theaters entry to partially forgivable seven-year loans protecting six months of bills, a lifeline for theaters which were left behind by present mortgage packages. I additionally urge you to press Treasury and the Federal Reserve to implement extra aid packages beneath the CARES Act that assist companies of all sizes.