CJ 4DPLEX and Cinemark Expand Relationship, Announcing 20 New SCREENX Locations Across Global Footprint
Rhea-AI Summary
Cinemark (NYSE:CNK) and CJ 4DPLEX announced a significant expansion of their partnership with 20 new SCREENX locations planned across the U.S. and Latin America. The expansion includes 18 new locations in the United States, with 6 opening in 2025 and the remainder in 2026, plus the first-ever SCREENX theaters in Latin America.
SCREENX technology provides a 270-degree panoramic viewing experience by extending scenes onto the auditorium's side walls. This expansion builds upon the successful partnership that began in 2022 with initial locations in California and Texas, bringing the total number of Cinemark SCREENX theaters to 26.
Positive
- Expansion into Latin American market with first SCREENX theaters in the region
- Strategic growth with 20 new premium format locations
- Demonstrated success of existing locations driving expansion
- Enhanced premium offering differentiating Cinemark from competitors
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, CNK declined 1.52%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
The Expansion Raises the Total Number of 270-Degree Panoramic SCREENX Cinemark Theaters to 26
Of the 20 new locations, 18 will open across
SCREENX, the world's first multi-projection cinema technology, surrounds moviegoers with a dynamic 270-degree panoramic field of view. By extending key scenes onto the left and right walls of the auditorium, it creates immersive, story-enhancing visuals that naturally fill the viewer's peripheral vision and pull them deeper into the film.
"SCREENX is a distinctive premium format that enhances the moviegoing experience by expanding storytelling across our immersive auditorium screens," said Damian Wardle, Cinemark's EVP, Theater & Technology Operations. "We are excited to deepen our collaboration with CJ 4DPLEX and bring even more cutting-edge cinematic experiences to our guests, including, for the first time, audiences in
Don Savant, CEO of CJ 4DPLEX
CJ 4DPLEX and Cinemark first partnered in 2022 with the launch of their initial SCREENX locations in
About CJ 4DPLEX
CJ 4DPLEX is a leading, next-generation cinema technology company, headquartered in
CJ 4DPLEX is a part of the CJ Group conglomerate that also includes entertainment powerhouses CJ CGV, the fifth largest theater chain in the world, and CJ ENM (CJ Entertainment & Media), who produced the Academy Award®, Golden Globe® and SAG Awards winning film, "Parasite".
SCREENX is the world's first multi-projection cinema with an immersive 270 degree field of view. By expanding the image beyond the frame and onto the walls of the theater, SCREENX places the audience directly at the center of the story, creating a visually immersive viewing experience unlike any other. To date, there are over 435 SCREENX auditoriums around the world in 40 countries.
4DX provides moviegoers with a multi-sensory cinema-going experience, allowing audiences to connect with movies through motion, vibration, water, wind, snow, lightning, scents, and other special effects that enhance the visuals on-screen. Each 4DX auditorium incorporates motion-based seating synchronized with more than 21 different effects and optimized by a team of skilled editors. To date, there are over 775 4DX auditoriums around the world, spanning over 70 countries.
About Cinemark Holdings, Inc.
Cinemark Holdings, Inc. (NYSE: CNK) provides extraordinary out-of-home entertainment experiences as one of the largest and most influential theatrical exhibition companies in the world. Based in
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SOURCE CJ 4DPLEX