Cinemark CEO Touts Box Office Rebound, Amazon MGM Slate & Industry Track Record Amid Economic Uncertainty; Also Sees More M&A
Cinemark CEO Sean Gamble was upbeat at an ongoing box office turnaround that started in April box and touted Amazon MGM’s newfound commitment to theatrical releases. On a call with analysts after quarterly earnings, he said M&A in exhibition may finally pick up, and also recalled the industry’s historically sturdy performance during periods of economic uncertainty — which appears to be upon us. The chief executive of the nation’s third largest theater circuit weighed in on the lively debate around windows ...