National Cinemedia Inc Stock Price, News & Analysis

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.

National CineMedia (NCM) and ATM.TV have entered a new advertising sales relationship, merging their capabilities to reach movie fans through HD toppers on ATMs at 7-Eleven stores across the U.S. NCM's Digital-Out-Of-Home (DOOH) group aims to connect brands with audiences beyond theaters, providing advertising options on over 8,500 ATM.TV HD screens. This strategic alliance enables brands to engage consumers while shopping, enhancing targeted advertising opportunities. The partnership is expected to capitalize on the growing interest in convenience stores during the pandemic.

National CineMedia (NCMI) reported a severe decline in financial performance due to the COVID-19 pandemic. For Q4 2020, total revenue dropped 89.3% to $15.7 million and operating loss surged to $20.8 million. Full-year 2020 revenue fell 79.7% to $90.4 million with a net loss of $65.4 million, or $0.84 per share. The company maintains a cash position of $181.8 million as of December 31, 2020. Although facing challenges, CEO Tom Lesinski expressed optimism for recovery in 2021, contingent on market conditions and consumer behavior post-pandemic.

National CineMedia, Inc. (NASDAQ: NCMI) will announce its fiscal fourth quarter and full year 2020 earnings on March 8, 2021, after market close. This will be followed by a conference call at 5:00 p.m. ET, accessible at (877) 407-9716 for U.S. participants or (201) 493-6779 for international callers. The call will also be webcast live at www.ncm.com. A replay will be available until March 22, 2021. NCM, the largest cinema advertising network in the U.S., operates on over 20,600 screens, providing brands extensive reach and audience engagement.

National CineMedia (NCM) announced the winners of the 2020/2021 U.S. Young Lions competitions, showcasing outstanding creative teams from advertising and media agencies. With close to 500 entries, awards were given in categories like Digital, Film, PR, and Media, with the winning teams set to compete at the 67th Cannes Lions International Festival of Creativity from June 21-25, 2021. The participants developed campaigns aimed at raising awareness for CureSearch for Children’s Cancer, focusing on generating an additional $2 million in support over 18 months.

National CineMedia (NCM), the largest U.S. cinema advertising network, has partnered with Unique X to launch an upgraded advertising management software, Advertising Accord. This innovative solution, tailored for the U.S. market, will manage all inventory for NCM’s Noovie pre-show and lobby products across 57 theater circuits, reaching over 20,600 screens in over 1,600 theaters. The system enhances delivery optimization, inventory management, and monetization, allowing brands to buy cinema slots similar to other premium video mediums. NCM's CEO emphasizes that this will improve operational efficiencies and strengthen competition with major digital ad platforms.

National CineMedia (NCM) has partnered with Ziosk to enhance guest engagement through a new Digital Out-of-Home (DOOH) initiative. This collaboration will integrate NCM’s Noovie entertainment and trivia content with Ziosk's restaurant media network, featuring over 150,000 screens across prominent U.S. dining establishments. The initiative aims to elevate dining experiences by providing tailored content to consumers during their meal, leveraging Ziosk's technology for contactless interactions. Executives from both companies emphasize the synergy of dining and cinema in this innovative advertising approach.

National CineMedia (NCM) has entered a long-term advertising agreement with Harkins Theatres, enhancing its cinema advertising network. This partnership will feature NCM's Noovie pre-show entertainment across Harkins' 500+ screens in the Southwest. Harkins, the largest independently owned theater company in the U.S., operates in key markets like Arizona and California, boosting NCM’s coverage. Both companies express optimism about the cinema industry's recovery and growth opportunities post-COVID-19 as audiences return to theaters.