NO. 3 THEATER CHAIN REPORTS 28 PERCENT BOOST IN PROFITS

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

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 […]