The exhibition’s huge cinemark reported record fourth quarter revenues up 27% over the fourth quarter of 2019, up 27% over the fourth quarter of 2019. did. Annual loss of $18.0 million.
The company recorded quarterly adjusted earnings prior to $156.9 million in interest, taxes, depreciation and amortization (EBITDA) on Wednesday.
The fourth quarter theatrical releases included Ariana Grande and Cynthia Eribo, Moana 2, Gladiator II and Wicked starring Venom.
Cinemark CEO Sean Gamble highlighted the ongoing Hollywood box office rebound for North American industry movie ticket sales in 2024, 30% of the 2023 box office revenue overall We were able to surpass %. “Despite the significant headwinds imposed by the previous year on the strike in Hollywood, the film gains momentum and hopes on many of the time records as more and more engaging content has been released on the big screen. “He told investors.
Gambling was key to adding Hollywood’s tent pole supply to the multiplex and maintaining its current box office revenue. After a “relatively light first quarter,” he pointed out the 2025 release schedule, “a great spring that has returned to the recovery trajectory our industry followed before the 2023 strike in Hollywood And he claimed that 2026 already looks like that. From there it will be another step.”
“I think there’s a lot to offer all sorts of audiences as this is one of the most diverse slates we’ve seen,” Gamble added about the 2025 release slate. He added the 2026 Tent Pole Release Slate in a new movie stream, and the number of movies coming to the theaters looks like Hollywood is back, so he said, “reaching the volume we saw before the pandemic. “Not” could be “closing the gap even further.” This is above the 19 box office levels before the age of 19.
Gamble also discussed Netflix’s partnership with IMAX for the global release of Greta Gerwig’s Narnia two weeks before the film’s streaming debut. He wants to see “a more complete release of such a film” rather than what Cinemark saw as Narnia’s promotional effort ahead of Netflix streaming’s release into the 2026 box office period. He said he was thinking.
NARNIA is based on the Narnia Chronicle Series series by CS Lewis and is currently setting up a Thanksgiving IMAX release in 2026 before it debuts on Netflix during the Christmas period of that year. The groundbreaking deal is IMAX’s victory. IMAX is running in a partnership with Netflix in another limited promotional theatre with one of the film titles.
“So it’s an interesting concept…but I don’t think it’s necessarily sustainable over time,” Gamble argued. In Narnia, IMAX’s two-week exclusive windows were important to establishing a long enough run to satisfy theatre circuits like Cinemark, which operates the IMAX Auditorium.
The programming window with IMAX may change. As part of the deal, IMAX has a four-week window of films before Netflix’s debut, but for now the film Technologies Company is working on playing Narnia for only two weeks from Thanksgiving in 2026. Masu.
Cinemark announced it has revived its annual cash dividend at 32 cents per share. “This event marks another major milestone in our recovery from the pandemic,” Gamble told analysts.
For the three months ended December 31st, Cinemark enrollment revenues rose 26.1% to $406.5 million, while concession revenues rose 29.0% to $313.4 million. It also promoted the full year of 2024 “$5.96 per year-round food and drink.”
The average global ticket price was $7.97, with concession revenue per customer of $6.15. Domestic, the average ticket price for the most recent quarter was up to $10.39, compared to the previous year’s $10.21. In the US, Cinemark hosted 32.6 million users in the fourth quarter, but the global figure rose from 40.6 million to 51 million compared to the annual figure of 26.2 million.
Based in Plano, Texas, Cinemark operates over 300 theaters in the US, with nearly 4,300 screens, and 193 theaters in 13 cinemas in South and Central American countries, with 1,400 units. It has a nearby screen.
A year ago, gambling suggested that trading opportunities could begin. “I think in the US, we’ll be able to see more attractive opportunities emerge in the next year or two,” he said at the time.
