Cinemark
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Cinemark Won’t Require Moviegoers to Wear Masks When Theaters Reopen
The CDC currently recommends people wear cloth face coverings when out in public
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Cinemark Reports $59.6 Million Loss in COVID-19 Impacted First Quarter
The pandemic had a significant impact on the theater chain’s business in the quarter, which ended March 31, CEO Mark Zoradi said
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How Imax Sees Theaters Reopening and the Box Office Pressure on ‘Tenet’
“It’s the movie that’s supposed to lead people back to theaters,” Imax Entertainment president Megan Colligan says
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Movies
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Movie Theaters Waiting to Reopen Could Be Best Thing for Cinema Chains, Analyst Says
Texas and Georgia governors have announced plans to have movie theaters reopen, but theater owners might want to wait until July
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How Movie Theaters Will Need to Adapt When the Lights Come Back On
“I think we’ll be able to make deals with our studio partners to attract people back with attractive pricing,” Cinemark Theaters’ CEO Mark Zoradi says
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Cinemark Plans to Begin Reopening Theaters July 1
The cinema chain will slowly ramp operations and expenditures depending on demand and whether its confident attendance levels will sustain
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Cinemark Lays Off 17,500 Workers, Furloughs 50% of Corporate Staff
The cinema chain recently announced a planned $250 million debt issue
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Cinemark to Raise $250 Million in New Debt Offering as Pandemic Drags On
Texas-based exhibitor is third largest theater chain in the U.S.
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Cinemark Stock Rebounds, Analyst Upgrades Movie Theater Company to Buy
“We are increasingly optimistic that studios will be flexible to create an evened out release schedule in the coming years to boost the industry’s overall health during the recovery,” Eric Wold said
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Cinemark Corporate Employees to Take Severe Pay Cuts as CEO Forgoes Salary During Pandemic
Employee pay will drop at least 50%, but theater chain avoids layoffs for now
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AMC Theatres Faces Existential Threat From Coronavirus Shutdown: ‘I Don’t See How They Survive’
“We’re witnessing the single greatest disruption of the film industry in American history,” said Eric Schiffer, CEO of private equity firm The Patriarch Organization
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AMC, Regal Cinemas to Reduce Theater Capacity by 50% Amid Coronavirus Scare
Ticket sales will be capped to comply with the new order
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Alamo Drafthouse Launches Season Pass Subscription Service
Season Pass will provide one regularly priced ticket per day
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The Death of Movie Theaters? Not So Fast
“I don’t think it’s doom and gloom by any stretch of the imagination,” Bruce Nash, founder of box office and Hollywood data website The Numbers, tells TheWrap
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Aurora Shooting Victims’ Families Voice Concerns About Warner Bros’ Upcoming ‘Joker’
“When we learned that Warner Bros. was releasing a movie called ‘Joker’ that presents the character as a protagonist with a sympathetic origin story, it gave us pause,” says letter to studio chair Ann Sarnoff
