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Cinemark Holdings, Inc. reports company developments tied to theatrical exhibition, box office performance, guest programs and capital actions. The company operates movie theaters in U.S. markets and in South and Central American countries, generating revenue from ticket sales, concessions, screen advertising, screen rentals and related theater services.
Recurring news for CNK includes quarterly earnings, domestic and international attendance trends, film-slate performance, premium formats such as Cinemark XD, theater amenities including Luxury Lounger recliners and D-BOX motion seats, loyalty programs such as Cinemark Movie Club, family-film promotions and specialty-event distribution through Fathom Entertainment. Updates also cover investor conference participation, dividends, share repurchases and other public-company communications.
GKIDS and Fathom Events are set to screen the final installment of the EVANGELION film series in U.S. theaters on December 6, 8, and 11. This marks the first North American showing of EVANGELION:3.0+1.01 THRICE UPON A TIME, originally released in Japan in 2021, where it grossed ¥10.28 billion (approximately $85 million). The event showcases the conclusion of the iconic saga created by Hideaki Anno, which has been a significant part of animation history since 1995.
Fathom Events and the Metropolitan Opera have renewed their partnership to continue the Live in HD series through the 2025-26 season, marking two decades of collaboration. This series has brought performances from the Met to over 725 theaters, attracting an estimated 580,000 audience members annually and generating over $205 million in revenue. The upcoming season highlights include the world premiere of The Hours on December 10, 2022, and several new productions. The program emphasizes the role of live performances in revitalizing theater attendance post-COVID.
Fathom Events announces the theatrical release of LEFT BEHIND: RISE OF THE ANTICHRIST starting January 26. This film features actors like Kevin Sorbo and is based on the acclaimed book series, which has sold over 80 million copies. The sequel aims to engage a new audience by addressing current events from a biblical perspective. The original LEFT BEHIND film grossed over $30 million worldwide.
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Cinemark Holdings (NYSE: CNK) is enhancing the holiday season with special promotions and blockbuster films. The company offers up to $20 off annual Movie Club memberships, with added benefits including discounts and monthly credits. Gift card promotions run through Dec. 31, providing bonus cards for purchases over $35. Cinemark's Ultimate Movie Lovers sweepstakes encourages members to participate for chances to win movie passes and prizes. The holiday lineup features hits like Black Panther: Wakanda Forever and Avatar: The Way of Water. For more information, visit Cinemark.com/holiday.
National CineMedia (NCMI) and Affinity Solutions released an Economic Impact Study showing a predictive relationship between moviegoing and increased consumer spending. Analyzing over eight million moviegoers, the study found that attendees spend twice as much as non-moviegoers within eight hours of viewing. The report highlights spending patterns across different demographics during movie attendance, indicating that brands can effectively target these consumers for better sales. Key findings include increased spending on retail and dining, with significant brand sales lifts noted for attendees of blockbuster films.
Cinemark Holdings, Inc. reported record-breaking box office performance for Black Panther: Wakanda Forever, marking the company's biggest November opening weekend ever. The film outperformed the original Black Panther, reflecting strong consumer demand for in-theater experiences. Premium formats like Cinemark XD and DBOX also showed exceptional performance. This success indicates a solid recovery for the exhibition industry, with consumer interest remaining high for upcoming releases in 2023.
BROADWAY RISING is a feature documentary by Fathom Events and Vertical, highlighting Broadway's post-pandemic recovery journey. Set for theatrical release on December 5, 2022, the film showcases the industry’s struggles and resilience following the COVID-19 shutdowns, which impacted an industry contributing nearly $15 billion to New York City's economy and supporting 97,000 jobs. Directed by Amy Rice, the screening includes exclusive content with insights from industry professionals. Tickets are available through Fathom Events and select theaters.
Cinemark Holdings announces the grand opening of its Cinemark Missouri City and XD theatre in Fort Bend County, Texas. This 14-screen location features immersive XD screens and Luxury Lounger recliners, enhancing the moviegoing experience. It opens just in time for the anticipated release of Marvel Studios’ Black Panther: Wakanda Forever. This new theatre showcases a refreshed design and advanced technologies, aiming to provide a superior cinematic experience for Houston audiences.
National CineMedia reported robust Q3 2022 results, with total revenue rising 71.9% to $54.5 million, driven by a strong advertising resurgence. The operating loss improved significantly to $4.2 million, while adjusted OIBDA turned positive at $7.0 million, contrasting with a loss of $8.2 million in Q3 2021. For Q4 2022, revenue is projected between $85.0 million and $95.0 million, while full-year revenue is expected to reach $242.5 million to $252.5 million, up substantially from 2021.