Latest in Cinemark

A great thing happened for theater chains in the midst of dour earnings for the strike-challenged quarter ended in June: Deadpool & Wolverine. The film, which is setting multiple records, also is inflating exhibition stocks and generating nice Wall Street reviews for a sector that's been on-and-off shaky…

In the war on streaming, Will Smith is doing his part to get butts back in theater seats. The Academy Award-winner surprised fans at a recent screening of his new movie, Bad Boys: Ride or Die, the fourth installment in the buddy cop franchise. He snuck out of the theater at Cinemark Baldwin Hills…

Taylor Swift’s Eras Tour concert-doc blockbuster drove a 50-cent increase in average ticket prices at Cinemark locations in the fourth quarter, a top exec at the movie theater circuit said. Speaking to Wall Street analysts during the company’s quarterly earnings call Friday, CFO Melissa Thomas said…

Movie theater circuit Cinemark’s credit rating has been raised by S&P Global, a small sign of optimism that exhibitors can weather the impact of Hollywood strikes and pandemic-altered moviegoing habits. The agency said it raised its ratings on the Plano, TX-based company’s secured and unsecured debt…

Cinemark CEO Sean Gamble said Apple and Amazon, two behemoths of the tech world but newcomers to the wide-release movie business, are so far “very pleased” with their results. During a conference call with Wall Street analysts to discuss third-quarter results, the major exhibitor boss said…

Cinemark revenue set a record in the third quarter, thanks to blockbusters including Barbie and Oppenheimer, and even notched a 6% gain over pre-pandemic 2019 levels. The major exhibitor reported revenue of $875 million in the quarter ending September 30, up 35% over the year-ago period…

EXCLUSIVE: Build-A-Bear Entertainment is poised to experiment with a new model for theatrical distribution after locking a nationwide release for its starry animated feature, Glisten and the Merry Mission, with Cinemark. Under the deal with the distributor, which is one of the world’s largest and most…

Cinemark, the nation's third largest theater chain, is letting fans reserve auditoriums for Taylor Swift: The Eras Tour concert film, out this fall. "We are excited to offer fans the ultimate Taylor Swift | The Eras Tour concert film VIP experience in their own private Cinemark auditorium," said…

With titles falling off marquees due to the strikes, leave it to Taylor Swift to save the day. Her record-smashing Eras Tour has been made into a concert film directed by Sam Wrench and will be playing AMC, Regal and Cinemark theaters this fall. AMC also is releasing Taylor Swift: The Eras Tour on…

Cinemark CEO Sean Gamble said Hollywood strikes currently delaying the production, and promotion, of new films won’t affect “key fundamentals" of a revived exhibition business although they might extend the “recovery trajectory of theatrical film volume a bit.” "We know that our studio partners are…

National CineMedia said today it's negotiated a second extension of the grace period on interest payments originally due Feb. 15. A one-month grace period for a payment said to be about $6.6 million ended March 15, when the company announced lenders had agreed to another 17 days. Big ratings agencies…

Amazon's upcoming wide release of Ben Affleck and Matt Damon's Nike movie Air exclusively in theaters in April "could represent the start of a substantive move into theatrical exhibition by streaming companies," said Sean Gamble, chief executive of nation's third-largest movie chain. Amazon last…