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D-BOX and Cinemark Announce Expansion with the Addition of Over 70 New D-BOX Haptic-Enabled Screens
Globenewswire· 2025-05-08 12:00
Expansion represents an increase of nearly 25% across new and existing markets in the U.S.MONTREAL, May 08, 2025 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (“D-BOX” or the "Corporation") (TSX: DBO), a Corporation with more than 25 years of experience creating haptic and immersive experiences, is proud to announce an expansion of its long-standing relationship with Cinemark Holdings, Inc. (“Cinemark”), one of the largest and most influential theatrical exhibition companies in the world. This rollout will ad ...
Cinemark CEO Touts Box Office Rebound, Amazon MGM Slate & Industry Track Record Amid Economic Uncertainty; Also Sees More M&A
Deadline· 2025-05-02 15:48
Core Insights - The CEO of Cinemark, Sean Gamble, expressed optimism about a box office recovery that began in April, highlighting Amazon MGM's commitment to theatrical releases [1][3] - The ongoing debate regarding theatrical windows was addressed, with Gamble supporting a 45-day window for most films [2][5] - Despite a widening loss of $39 million in Q1, revenue increased by 7% to $541 million, indicating a potential recovery in the industry [2][3] Industry Performance - The industry has historically performed well during economic uncertainty, with the North American box office growing in six of the last eight recessions [7] - The current box office recovery is attributed to strong content and a positive outlook from studios, including plans from Amazon MGM to release 14 to 16 films by 2027 [3][4] - The debate on theatrical windows is ongoing, with a consensus that a 45-day window may be beneficial for most films to build cultural relevance [5][6] Market Dynamics - M&A activity in the exhibition sector may increase as surviving theaters look for buyers, with the box office showing signs of recovery [3] - The industry remains resilient in the face of economic challenges, as consumers continue to seek affordable out-of-home entertainment options [8] - The impact of external factors, such as trade tariffs and economic growth, is acknowledged, but the industry is optimistic about navigating these challenges [6]
Ahead of AMC Entertainment (AMC) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics
ZACKS· 2025-05-02 14:20
Core Viewpoint - AMC Entertainment is expected to report a quarterly loss of $0.56 per share, reflecting a year-over-year increase of 28.2%, with revenues projected at $874.53 million, down 8.1% from the previous year [1]. Group 1: Earnings Projections - Over the last 30 days, the consensus EPS estimate for AMC has been revised upward by 15.7%, indicating a collective reassessment by analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Group 2: Revenue Estimates - Analysts estimate 'Revenues- Food and beverage' to reach $294.23 million, representing a decline of 8.4% year-over-year [5]. - The 'Revenues- Other theatre' is projected at $91.87 million, indicating a year-over-year decrease of 7.9% [5]. - 'Revenues- Admissions' are expected to be $488.40 million, also suggesting a year-over-year change of -7.9% [5]. Group 3: Stock Performance - AMC Entertainment shares have increased by 0.4% over the past month, contrasting with a -0.5% change in the Zacks S&P 500 composite [6]. - With a Zacks Rank of 3 (Hold), AMC is anticipated to closely follow overall market performance in the near term [6].
Cinemark(CNK) - 2025 Q1 - Earnings Call Transcript
2025-05-02 13:32
Cinemark (CNK) Q1 2025 Earnings Call May 02, 2025 08:30 AM ET Company Participants Chanda Brashears - SVP, IRSean Gamble - CEO, President & DirectorMelissa Thomas - CFOBenjamin Swinburne - Head of U.S Media ResearchPatrick Sholl - Vice PresidentStephen Laszczyk - Vice PresidentAlicia Reese - SVP - Equity Research Conference Call Participants Eric Handler - MD & Senior Research AnalystChad Beynon - Managing Director, AnalystOmar Mejias - AnalystRobert Fishman - Senior Research AnalystDavid Karnovsky - Senior ...
DLB, AMC Expand Partnership to Boost the Premium Moviegoing Experience
ZACKS· 2025-04-01 14:10
Dolby Laboratories, Inc. (DLB) recently deepened its collaboration with AMC Entertainment (AMC) . After a decade of success and strong guest demand, the two entertainment bigshots plan to expand by adding 40 more Dolby Cinema locations at AMC theaters across the United States by the end of 2027. This roughly 25% increase will bring the total number of Dolby Cinema at AMC auditoriums to more than 200 locations nationwide. Dolby Cinema is DLB's premier theatrical solution, designed for both exhibitors and mov ...
Dolby and AMC Entertainment announce major expansion of Dolby Cinema at AMC in the US, with 40 additional auditoriums to be added by the end of 2027
Prnewswire· 2025-03-31 12:30
AMC has also selected Dolby Vision as its HDR offering of choice SAN FRANCISCO and LEAWOOD, Kan., March 31, 2025 /PRNewswire/ -- Dolby Laboratories, Inc. (NYSE: DLB), a leader in immersive entertainment experiences, and AMC Entertainment (NYSE: AMC), the largest theatrical exhibitor in the United States and in the world, today announced a significant expansion of their partnership, following a decade of success and guest popularity of the Dolby Cinema at AMC experience. Beginning this year, AMC and Dolby wi ...