Sunday, February 16, 2020

NO. 3 THEATER CHAIN REPORTS 28 PERCENT BOOST IN PROFITS

August 6, 2012 by · Leave a Comment 

Cinemark Holdings, which operates the third-largest movie chain in the U.S. and is moving rapidly to raise its profile abroad, reported a 28-percent boost in earnings during the second quarter to $51.6 million on revenue of $649.6 million. Domestic business was up fractionally. Revenue from admissions rose 3 percent as attendance improved 4.1 percent and […]

AMC THEATRES IMPOSES DRESS CODE IN WAKE OF SHOOTING

July 21, 2012 by · Leave a Comment 

The AMC theater chain on Friday banned face-covering masks and “offensive” costumes at its theaters in the wake of the shooting at a Colorado theater where The Dark Knight Rises was being shown. The theater’s action came after eyewitnesses told of seeing the alleged shooter dressed in black and wearing a mask and body armor […]

CINEMARK THEATERS TO OFFER HEALTHY SNACKS

January 12, 2012 by · 2 Comments 

Cinemark, the nation’s third-largest theater chain, is expanding its healthy-eating concession items. The exhibitor, which was the first to use Canola oil instead of highly saturated coconut oil to prepare popcorn and began dropping other snacks containing trans-fats two years go, is introducing a 450-calorie snack pack called Lite Bites, containing a “calorie counter” portion […]

SHAME BOX OFFICE: NOTHING TO BE ASHAMED ABOUT

December 5, 2011 by · Leave a Comment 

Demonstrating — at least in the 10 venues where it was shown — that an NC-17 rating is not the kiss of death that it is often made out to be, Fox Searchlight’s Shame opened with $361,181 over the weekend, for an average of $36,118 per theater, far higher than any other movie currently in […]

THEATER OWNER BALKS AT $60 VIDEO-ON-DEMAND

October 7, 2011 by · Leave a Comment 

It’s hard to imagine that any theater chain would feel threatened by Universal Pictures’ announcement on Wednesday that it plans to release the Eddie Murphy-Ben Stiller comedy Tower Heist on “Premium Video-on-Demand” two weeks after it hits theaters in two test markets, Portland, OR and Atlanta, for $60. But the Cinemark chain wasted no time […]

EXHIBITOR FIRES WARNING SHOT AT STUDIOS OVER VOD

April 7, 2011 by · Leave a Comment 

Some theater chains are threatening not to run free trailers for movie studios if the studios go ahead with plans to inaugurate “Premium VOD” — that is, making movies available for viewing for around $30 via cable, satellite TV, or the Internet a few weeks after they premiere in theaters. “We are not here to […]

MOVIEGOERS IGNORE TICKET PRICE HIKES

April 7, 2010 by · Leave a Comment 

The recent big hike in ticket prices at movie theaters across the country has apparently not affected attendance, Reuters observed Tuesday. The wire service cited a survey conducted by BTIG at 10 theaters operated by the AMC, Regal, and Cinemark chains, which found that tickets had increased an average of 8.3 percent for 3D screenings. […]