Tag: Cinemark
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Cinemark’s New Deal With Five Major Studios Could Shorten Theatrical Windows
There’s no denying the movie theater landscape is changing. The Covid-19 pandemic threw the industry a huge curveball in 2020 and movie studios had to find ways to adapt to delays or home entertainment releases. Now theaters are getting back to business, but not as usual. Cinemark recently inked a new deal with five major…
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Cinemark Stock Rises as Analyst Predicts ‘Moviegoing Habits Will Return’
It’s well known that the Covid-19 has wreaked havoc on movie theaters. Between stay at home orders, occupancy limitations, and full lockdown mandates, it’s been tough for movie house chains to catch a break. But analysts are breathing hope into the system with predictions for 2021. Theater exhibition analyst Eric Wold of B. Riley said…
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Universal Strikes Deal with Cinemark For a Shorter Theatrical Window on Some Films
Cinemark Theaters has agreed to a proposal from NBCUniversal to allow movies to be released on VOD early, contingent on the film’s box office performance. The new agreement stipulates that movies that earn more than $50 million during opening weekend will have to remain in theaters for at least 31 days including five weekends, while…
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Cinemark Will Show Films Including ‘The Croods 2’ for a Shortened Theatrical Window
Cinemark has reached a deal with Universal Pictures to allow films to show in theaters for a shorter window of time before heading to VOD. Starting this month, the animated sequel The Croods 2, Kevin Costner’s Let Him Go, and the Vince Vaughn horror-comedy Freaky will all premiere at Cinemark theaters for just a few…
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Cinemark Will Reopen Theaters with Reduced Ticket Prices to Draw People In
Today the third-largest movie theater chain Cinemark announced its plan for the phased reopening of its movie theaters across the country. The first reopenings are scheduled for five Dallas theaters on June 19. The next phases will reopen across the country on July 3, with all of the theaters expected to be up and running…
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Cinemark is Selling $250 Million in Debt as Theaters Remain Closed
Movie theaters are struggling to stay afloat while closed indefinitely as a result of coronavirus. Recently, analysts said that bankruptcy is ‘likely’ for AMC Theatres. Now, Cinemark is selling $250 million in debt securities to continue operating. Cinemark says the debt securities will be used for “general corporate purposes” with the notes guaranteed by company…
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Now That MoviePass Has Shut Down: Here Are Three Alternatives
Now that MoviePass, the movie theater subscription service, has shut down, we’re sharing three similar services to help you continue enjoying movie nights. AMC Stubs A-List AMC Stubs A-List allows users to make free online reservations for up to 3 movies per week. There are no blackout dates, multiple movies can be seen in the…
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Cinemark Theaters Now Offers an $8.99 Subscription Service to Take on Movie Pass
Do you love movies and live close to a Cinemark theater? Well now you can get discounted movies at Cinemark theaters for just $8.99 a month. Cinemark Theaters is the 3rd largest theater chain in the United States and now wants to take on Movie Pass with their own $8.99 a month service. With Cinemark if…