National Cinemedia Inc Stock Price, News & Analysis

National CineMedia (NCM) has partnered with Trooh to launch the Noovie On-Campus Digital Out Of Home (DOOH) advertising network targeting Gen Z consumers on over 600 college campuses across the U.S. The initiative seeks to connect local and regional brands with young moviegoers, utilizing dynamic HD digital screens to engage over 8.6 million students, generating approximately 573 million monthly impressions. This relationship aims to leverage high interaction rates, as 92% of students notice the screens, with 86% expressing purchase intent post-exposure, enhancing advertising effectiveness in campus environments.

National CineMedia, Inc. (NASDAQ: NCMI) revealed President Cliff Marks will retire on July 1, 2021, but will remain a consultant through his new firm, CMarksCo, LLC. Scott Felenstein has been promoted to President, Sales, Marketing & Partnerships, and will lead NCM's sales strategy. Mike Rosen steps into Felenstein's prior role as Executive Vice President & Chief Revenue Officer. CEO Tom Lesinski praised Marks' contributions to cinema advertising and expressed confidence in Felenstein and Rosen's capabilities to drive future revenue as the company navigates a recovering market.

National CineMedia, Inc. (NASDAQ: NCMI), owner of 48.1% of National CineMedia, LLC, the largest cinema advertising network in the U.S., will participate in the Barclays 2021 High Yield Bond & Syndicated Loan Conference virtually on May 25-26, 2021. CEO Tom Lesinski and SVP Finance Ted Watson will hold one-on-one investor meetings on May 25. NCM connects brands with movie audiences through its extensive digital and cinema advertising network, showing ads on 20,600 screens across over 1,600 theaters nationwide.

National CineMedia, Inc. (NASDAQ: NCMI) will participate in the J.P. Morgan 49th Annual Global Technology, Media and Communications Conference from May 24-26, 2021. CEO Tom Lesinski and SVP Finance Ted Watson will present on May 26 at 3:40 PM ET, followed by one-on-one investor meetings. NCM is the largest cinema advertising network in the U.S., managing a 48.1% stake in National CineMedia, LLC, and operating over 20,600 screens nationwide. Interested parties can access live webcasts and presentation materials on the Company’s Investor Relations website.

National CineMedia, Inc. (NASDAQ: NCMI), the largest cinema advertising network in the U.S., will participate in the Goldman Sachs 2021 Sixth Annual Leveraged Finance Conference on May 17, 2021. CEO Tom Lesinski and SVP Finance Ted Watson will conduct one-on-one investor meetings throughout the day. NCM owns 48.1% of National CineMedia, LLC, and operates the Noovie® pre-show across 53 theater circuits, reaching over 20,600 screens in 1,600 theaters. For more details, visit www.ncm.com.

National CineMedia (NCMI) reported a 91.7% decline in revenue for Q1 2021, totaling $5.4 million compared to $64.7 million in Q1 2020. Operating losses increased to $28.3 million, a 677.6% rise from the previous year. Adjusted OIBDA was -16.2 million. The company managed liquidity with a $50 million term loan, increasing cash reserves to $192.2 million. Partially offsetting challenges, 77% of theaters are re-opened as of May 2021. NCMI plans a $0.05 dividend for June, with hopes for recovery in cinema attendance.

National CineMedia, Inc. (NASDAQ: NCMI) will release its fiscal first quarter 2021 earnings results on May 10, 2021, after market close. A conference call will follow at 5:00 p.m. ET to discuss the results, accessible by phone and live audio webcast.

National CineMedia, the largest cinema advertising network in the U.S., operates over 20,400 screens in 1,650 theaters across 190 Designated Market Areas. The company holds a 48.1% stake in National CineMedia, LLC, enhancing its advertising reach and audience engagement.

National CineMedia (NCM) has appointed Eric S. Wohl as its new Chief Human Resources Officer, based at its headquarters in Centennial. Wohl has extensive experience in HR leadership roles, including his tenure at Radial Inc. and DISH Network. CEO Tom Lesinski expressed optimism about Wohl's ability to contribute strategically during this critical time for NCM, aligning with the company's goals to enhance cinema advertising and engage audiences. NCM operates the largest cinema advertising network in the U.S., with over 20,400 screens.

National CineMedia, Inc. (NASDAQ: NCMI) has appointed Mark Zoradi, CEO of Cinemark Media, to its Board of Directors, replacing Lee Roy Mitchell who has resigned to focus on personal ventures. This change is part of a strategic move as the industry recovers from COVID-19. Zoradi brings extensive experience from his tenure at The Walt Disney Company and has previously held significant positions in major entertainment firms. This transition may enhance NCM's leadership and operational strategies as it navigates the cinema advertising market.