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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.
Cinemark Holdings, Inc. reported record-setting ticket sales during the opening night of Sony's Spider-Man: No Way Home, marking the best opening in Cinemark's history. Strong advance ticket sales and a surge of moviegoers returning to theaters since the pandemic contributed to this milestone. The increased demand for an ultra-immersive experience in XD auditoriums highlights the ongoing consumer interest in theatrical viewings. This event reflects a positive trend for the exhibition industry, emphasizing the ongoing recovery and revival of in-theater entertainment.
Cinemark Holdings, Inc. (NYSE: CNK) is celebrating the holiday season with special promotions and movie offerings. Movie Club memberships are available for $99, providing a year of discounts. Gift card purchases on Dec. 22 will earn bonus coupons. A sweepstakes for a year of date nights runs until Dec. 31, and a partnership with Coca-Cola offers an instant win game. Classic holiday films will return to select theatres for a limited time. Cinemark aims to enhance the moviegoing experience with various festive options this December.
CHRISTMAS WITH THE CHOSEN: THE MESSENGERS has set sales records for Fathom Events, generating over $8 million from 640,000 tickets sold across 1,700 theaters. This event is now Fathom's best-selling and most-attended event ever, with a remarkable $1.5 million in ticket sales within the first 12 hours. The production features a new episode of The Chosen series, exploring the birth of Jesus through the eyes of Mary and Joseph, and includes performances by prominent artists such as Phil Wickham and for KING & COUNTRY.
ReelWorks Studios and Fathom Events announced the spring 2022 theatrical release of their new film, THE MULLIGAN, featuring an all-star cast including Pat Boone, Eric Close, and Tanya Christiansen. The film, based on the book by Wally Armstrong and Ken Blanchard, tells the story of a CEO who seeks redemption in life through golf. Produced in partnership with various golf brands, the movie promises to resonate with audiences beyond just golf enthusiasts, emphasizing family values and second chances.
Cinemark Holdings, Inc. (NYSE: CNK) reported that advance ticket sales for Sony's Spider-Man: No Way Home are the second-highest in its history, just behind Avengers: Endgame. The surge began when tickets went on sale on Nov. 29 at 12:01 a.m. ET, leading to high website traffic and sellouts at many locations. Nearly 40% of tickets sold are for Cinemark XD, highlighting the demand for premium viewing experiences. The film is anticipated to have the largest opening weekend in nearly two years, reflecting a resurgence in moviegoer enthusiasm and confidence in theatrical releases.
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National CineMedia (NCMI) will participate in the Bank of America Securities Leveraged Finance Conference on November 30 - December 1, 2021. CEO Tom Lesinski and CFO Ronnie Ng are scheduled to present on November 30 at 4:30 PM EST and will be available for one-on-one meetings with investors during the conference. NCM operates the largest cinema advertising network in the U.S., with a presence in over 1,600 theaters and reaching audiences through its Noovie pre-show in collaboration with major theater chains like AMC and Cinemark.
Cinemark Holdings (NYSE: CNK) announces its exclusive Superticket event for gamers, pairing an advance screening of The King’s Man with a live broadcast of The Game Awards on December 9. Tickets are priced at $20 and include special deals on concessions like a $5 drink and popcorn combo. The awards ceremony is highly viewed, reaching over 83 million viewers in 2020, and recognizes achievements in the gaming industry.
Cinemark Holdings, Inc. (NYSE: CNK), a leading global movie theater company, will participate in the Wells Fargo 5th Annual Virtual TMT Summit on December 1. Key executives, including President Sean Gamble, CFO Melissa Thomas, and SVP Investor Relations Chanda Brashears, will host a fireside chat at 1:20 PM EST and conduct 1-on-1 investor meetings. Cinemark operates 524 theaters with 5,897 screens globally, providing an exceptional guest experience with its innovative Movie Club and luxury seating options.
Volta Inc. has expanded its partnership with Cinemark Theatres to enhance electric vehicle (EV) charging options at select U.S. locations. This collaboration, ongoing since 2018, aims to provide a seamless charging experience for moviegoers, who can charge their EVs during their film outings. Currently, nearly 100 charging stations have been installed, saving over 27,000 gallons of gasoline and reducing CO2 emissions by approximately 53,500 pounds. This initiative aligns with Volta's mission to integrate charging infrastructure into everyday locations, targeting the growing market of EV drivers.