National CineMedia, Inc. reports developments tied to its role as managing member of National CineMedia, LLC, operator of a U.S. cinema advertising platform. Company news commonly covers quarterly results, advertising revenue trends, theater attendance dynamics, adjusted OIBDA, dividend declarations, and sales activity across national, regional, and local advertisers.
NCM updates also describe its on-screen and in-theater advertising network, including the Noovie Show and relationships with major theater circuits. Recurring corporate news includes network expansion, the completed acquisition of Spotlight Cinema Networks, advertiser and creative-industry programs such as the U.S. Young Lions competition, and changes affecting the company’s cinema advertising inventory and market reach.
National CineMedia (NASDAQ:NCMI) announced two new exhibitor partnerships and 10 renewed agreements covering cinema advertising locations across the United States. Together, the agreements reach more than 680 screens in over 80 theaters.
The new partners are The Cinemas by Blue Fox Entertainment and THE LOT. The Cinemas brings locations in New York and Los Angeles acquired from IPIC Theaters this past June. THE LOT adds screens in Los Angeles, San Diego and San Francisco. NCM’s overall network, including Spotlight Cinema Networks, spans approximately 22,000 screens in over 1,750 theaters.
National CineMedia (NCMI) completed its previously announced acquisition of Captivate Holdings on September 18, 2026 for an enterprise value of $275 million.
Captivate is described as a leading operator of office and residential digital video advertising networks in North America. The combined company now operates more than 48,000 digital screens across theaters, office buildings, and residential properties in 185 Designated Market Areas, covering all of the top 100 DMAs. National CineMedia’s chief executive officer said the deal advances the company’s strategy to build a broader premium video and digital out-of-home advertising platform and expands ways to reach attentive audiences.
The transaction closed after regulatory approval and other closing conditions were met. National CineMedia funded the acquisition with borrowings under a new $275 million senior secured first lien term loan, cash on hand, and a new $25 million senior secured revolving credit facility, of which $10 million was drawn at closing. Crestline Direct Finance and Encina Commercial Finance provided the financing, with Crestline acting as administrative and collateral agent.
Generation Partners announced the sale of its majority ownership in Captivate Holdings LLC, a North American digital elevator and lobby advertising network with more than 26,000 screens across 170 U.S. and Canadian DMAs, to National CineMedia (NASDAQ: NCMI).
Generation acquired Captivate in 2013, installed a new leadership team led by CEO Marc Kidd and Chairman Mark Shapiro, and backed a decade‑long strategy including significant technology modernization, programmatic advertising access and network expansion into Class A office and multi‑family residential buildings. Financial advisor roles were filled by Solomon Partners and BofA Securities, with Gibson, Dunn & Crutcher and Hogan Lovells Cadwalader as legal counsel to the respective parties.
National CineMedia (NASDAQ:NCMI) reported fiscal Q2 2026 revenue of $58.4 million, up 12.7% year-over-year, driven by higher national and local advertising and network attendance of 137.6 million. Operating loss was $12.8 million, while net loss narrowed to $9.9 million, or $0.11 per diluted share. Adjusted OIBDA rose to $2.1 million with a 3.6% margin.
For the first six months of 2026, revenue increased 6.7% to $92.4 million and net loss was $38.6 million. On August 10, 2026, NCM agreed to acquire Captivate Holdings for an enterprise value of $275 million, funded by new committed term debt, and expects over $3.5 million in annual run-rate cost synergies within the first year after closing. In connection with the planned acquisition and expected leverage at closing, NCM has paused its quarterly dividend and is not providing forward outlook.
National CineMedia (NASDAQ:NCMI) entered a definitive agreement to acquire Captivate Holdings for an enterprise value of $275 million, funded entirely with new committed term debt. The deal, expected to close in the second half of 2026 subject to regulatory approvals, values Captivate at roughly 10x pro forma EBITDA.
The combination will create a premium video and digital out-of-home platform with more than 48,000 digital screens across theaters, office buildings and residential properties in 185 DMAs, including all top 100. Captivate generated about $64 million revenue and $19 million Adjusted EBITDA in 2025 and has grown revenue ~40% and Adjusted EBITDA >50% over two years. NCM targets net leverage of ~3.9x at close and >$3.5 million annual run‑rate cost synergies within year one.
Following closing, NCM plans to prioritize debt reduction and is pausing its dividend and share repurchase programs.
National CineMedia (NASDAQ:NCMI) will release its second quarter 2026 earnings results after the market close on Tuesday, August 11, 2026. A conference call and live audio webcast to discuss the results will be held at 5:00 p.m. Eastern Time, with phone and webcast replays available through August 25, 2026.
AMC (NYSE:AMC) is featured in a new partnership where Kidneys for Communities and National CineMedia use cinema ads in major chains, including AMC, to promote living kidney donation. Campaigns use QR codes, NCM-donated ad inventory, and targeted placements to boost donor sign-ups and successful matches.
National CineMedia (NASDAQ:NCMI) reported fiscal Q1 2026 revenue of $34.0 million, down 2.6% year over year, with an operating loss of $26.9 million and net loss of $28.6 million ($0.31 per diluted share).
The company launched an operational transformation targeting $11.0 million in annualized cost savings, has realized about $3.0 million so far, and declared a $0.03 per-share cash dividend payable June 4, 2026. Q2 2026 revenue is projected at $57–63 million with Adjusted OIBDA of $1–5 million.
National CineMedia (NASDAQ: NCMI) will release its first quarter 2026 earnings after market close on May 12, 2026. A conference call and audio webcast to discuss results will begin at 5:00 p.m. ET. Access details and replay instructions are provided for domestic and international participants.
Live and recorded audio will be available at www.ncm.com under Investor Relations; telephone dial-in and replay numbers and conference ID are published for investors.
National CineMedia (NASDAQ:AMC) reported fiscal Q4 2025 results: total revenue $93.2M (up 8% YoY) and operating income $23.8M. Q4 net income was $29.3M ($0.31/diluted). Full-year revenue was $243.2M. The company declared a $0.03 per-share cash dividend payable March 23, 2026. Q1 2026 guidance calls for revenue of $32.5M–$36.5M and Adjusted OIBDA of $(13.0)M to $(10.0)M. Management cited stronger advertiser demand and a robust 2026 film slate as forward drivers.