Cineworld Group PLC (CNNWF)
|Net Income (ttm)||-1.52B|
|Trading Day||January 19|
|Day's Range||0.9340 - 0.9340|
|52-Week Range||0.3033 - 2.721|
The cost of acquiring a chain of movie theaters has never been lower, and the cost of losing them has never been higher. But is anyone ready to step in?
The symbiotic relationship between studios and movie theaters remains intact despite coronavirus-related disruptions to the film industry.
Will movie theaters survive post-pandemic?
Paul Dergarabedian, Comscore Senior Media Analyst, joins Yahoo Finance's Zack Guzman to review the top movies of 2020, and discuss what's to come from the movie industry in 2021. Subscribe to ...
What a box office recovery could look like
Paul Dergarabedian, Senior Media Analyst at Comscore, joins Worldwide Exchange with his thoughts on the box office's recovery in 2021, after a year that saw revenue down 80%.
Flix Brewhouse CEO Allan Reagan on how movie theaters recover from Covid-19
Allan Reagan, Flix Brewhouse CEO, joins 'Squawk on the Street' to discuss how the business is doing during the pandemic and what additional relief would mean for the movie theater company.
The better-than-expected Christmas-weekend opening of Wonder Woman 1984 is giving most exhibition stocks a welcome boost as the misery of 2020 gives way to hope for a brighter 2021. Shares in ...
Box office numbers for the latest superhero flick apparently show promise.
The potent showing proves the theater circuit is still viable for big-budget films.
Can the movie theaters compete with streaming?
Yahoo Finance's Julie Hyman and Brian Sozzi discuss how the entertainment industry navigated 2020 and break down 2021 predictions with Box Office Guru Editor, Gitesh Pandya.
The bill, if passed and signed by President Trump, will also expand the eligibility of the Paycheck Protection Program to include local TV, radio broadcasters and newspapers.
With the Covid vaccine rollout accelerating, these companies will be big beneficiaries in the year ahead.
These are the movie theater stocks with the best value, least sales decline, and best performance for Q1 2021.
Warner announced on Friday that from next year it will distribute its films on its HBO Max streaming service at the same time as in theaters, effectively delivering a death blow to the theatri...
Movie theaters continue to fight for survival as Warner Bros. announces streaming deal with HBO Max
Engadget Senior Mobile Editor Chris Velazco discusses the challenges facing movie theaters amid the coronavirus pandemic and the decision for Warner Bros. to stream movies on HBO Max.
Regal Owner Cineworld Reacts To Warner Bros HBO Max Seismic Windows Shakeup; Believes Studio Will Seek Agreement On “Proper Window And Terms” When U.S. Cinemas Return
Cineworld Group, owner of Regal Cinemas in the U.S. and the world's second largest exhibitor, has reacted to Warner Bros' bombshell announcement on Thursday that its entire 2021 film slate wil...
Lightshed's Greenfield on why Warner Bros. releasing 2021 films to HBO Max could shakeup the industry
Warner Bros. announced it will debut all of next year's films on HBO Max and in theaters at the same time.
Movies theaters suffer devastating blow as Warner Bros announces streaming plans with HBOMax
Yahoo Finance's Alexandra Canal discusses the move by Warner Bros. to launch all 2021 movies on HBO Max and in theaters at the same time.
“There is no way to sugarcoat this for the theater operators,” said one Wall Streeter as exhibition stocks plunged Thursday on WarnerMedia's bombshell – a reimaging of its entire 2021 release ...
Struggling movie theaters had high hopes 2021 would be a turnaround year due to a strong slate of movie releases. In the latest blow to the industry, AT&T Inc. (NYSE: T) and its Warner Bros.
Stocks in U.S. movie theater circuits AMC and Cinemark staged rallies today after more positive COVID-19 vaccine news as well as a new financial lifeline for Cineworld. The UK-based Cineworld,...
Regal Entertainment's UK-based owner Cineworld said Monday that it secured a financial lifeline to help it avoid a bankruptcy filing. Lenders will provide the movie-theater owner with a $450 m...
The cinema operator will be able to survive until the return of big-budget films to the theaters next year.
Cineworld Secures $450M Debt Facility; New Measures Will Generate Over $750M In Extra Liquidity For Regal Owner
In a strong sign of confidence in the future of moviegoing, Cineworld Group, the world's second largest exhibitor and owner of Regal in the U.S., has secured significant additional liquidity t...
Unlike its peers, Cineworld has reclosed all of its theaters until next year.
Cineworld is negotiating with lenders as it confronts the threat to its business caused by the pandemic.
Regal Cinemas owner Cineworld, the world's second-largest movie theater operator, is considering a rescue deal that could spur permanent UK cinema closures. The deal, dubbed “Company Voluntary...
Shares of Cineworld (LON: CINE) tumbled nearly 20% today on news that the firm is considering entering a “company voluntary arrangement” (CVA) in an effort to save its business until the sprin...
Cineworld Exploring Insolvency Process To Tackle Mounting Debts; Some UK Sites Could Close Permanently
Cineworld, the world's second largest cinema chain, is looking into a Company Voluntary Arrangement (CVA) in the UK, which would allow it to restructure and renegotiate a mounting debt pile ca...
Cineworld is looking at a company voluntary arrangement, an insolvency process used to cut costs, as part of its talks with lenders to gain access to capital, the Financial Times reported, cit...
Coronavirus and movies: COVID-19 is not the only thing keeping people from going to the theater
Yahoo Finance's Dan Roberts looks at what is keeping people out of the movie theaters amid the coronavirus pandemic. #COVID19 #coronavirus #movietheaters For 2020 election results please visit...
Movie theater stocks bounce on positive Covid-19 vaccine news, but serious challenges remain
Movie theater stocks may have bounced on news about vaccine progress, but the whole movie industry still has challenges ahead. CNBC's Julia Boorstin reports.
AMC, Cinemark, Marcus Theaters and IMAX stocks rallied Monday after trial data indicated Pfizer and BioNTech's Covid-19 vaccine is 90% effective.
In a blow to movie theaters and an already-thin release calendar for 2020, Walt Disney Inc (NYSE: DIS) has postponed Ryan Reynolds action-comedy "Free Guy" and "Death on the Nile," the sequel ...
There's still a glimmer of hope for the movie theater industry this year, despite dismal domestic box office sales and climbing coronavirus cases, analysts said. The country's two biggest mark...
Movie theaters open across New York State
CNBC's Contessa Brewer reports on what movie theater owners are doing to keep moviegoers safe even as coronavirus cases are increasing.
The coronavirus pandemic has not been easy to navigate for studios or movie theaters. On Thursday, AT&T chief John Stankey said he foresees a "choppy" recovery ahead for the film industry, one...
Two weeks after Cineworld closed more than 500 Regal Cinemas in the U.S., the second-largest movie theater chain is reopening 11 locations in New York state.
“Companies rarely die from moving too fast and they frequently die from moving too slow” – Reed Hastings A popular activity among consumers is going out and watching movies in theaters. Howeve...
New York Cinema Owners “Ecstatic” At State Reopening, Scramble To Staff Up, Hope Manhattan Follows Fast
Exhibitors in New York State are speed dialing former staffers and bookers after a surprise weekend announcement by Gov. Andrew Cuomo that long-shuttered cinemas can reopen Friday under guidel...
It looks like Hollywood has no plans to save the struggling movie theater business, despite being given the greenlight earlier this year to start owning cinemas again after a 72-year ban. Donn...
Talent Roster Urging Congress To Bail Out Movie Theaters Grows To 120 As NATO, MPA, DGA Warn That Exhibitors “May Not Survive” – Update
UPDATED with additional signatories. The list of people in the creative community attaching their names to an urgent appeal to Congress on behalf of movie theaters has grown to 120 names. (See...
Analyst Predicts More Movie Misery Until 2022 As Theater Chains Reduce Operations, Warn Bankruptcy Risk
A "barren' Q4 release slate led a B. Riley analyst to predict 2020 box office will drop 80 percent, and will be off 20 percent in 2021 too.
Shares of Cineworld Group PLC (LON: CINE) closed the week 24.8% higher after the price action logged record lows below GBX20. The outlook for the stock is all but positive on the back of weak ...
Movie Theaters Need Windows Tweaks To Lure Back Studio Product, Wall Street Analyst Says; Stocks Fall Amid Estimate Cuts
Movie theater stocks slid further on Friday as Wall Street analysts lowered their outlook due to COVID-19 and AMC’s CEO called on New York Gov. Andrew Cuomo to open theaters in New York. Share...
The posters for No Time To Die are still up as cinema-goers say goodbye to their local picture houses
Saving grace for cinemas is that studios have yet to find another release window: Media analyst
Eric Handler, MKM Partners managing director and media and entertainment analyst, and CNBC's Julia Boorstin join 'The Exchange' to discuss the decision of Cineworld and Regal Cinemas to close ...
Cineworld has shuttered its estate in the British Isles.
Cineworld Tanks On Theatre Closures: Stay Clear Of Equity
The movie business has a reputation for being recession-proof. But with the pandemic ravaging the U.S. and the world, is this the end of the movie theater business as we know it?
And shares of parent company Cineworld are tanking
Cineworld Group plc engages in the cinema business. It is also involved in financing, retail, cinema property leasing, property, software development and provision, ticket booking, film distribution, advertising, general partner, and gift promotion activities. The company operates its cinema sites under the Regal, United Artists, Edwards theatres, Cineworld, Picturehouse, Cinema City, Yes Planet, and Rav-Chen brands. As of December 31, 2019, it operated 9,500 screens in 787 sites in the United States, the United Kingdom, Ireland, Poland, Israel... [Read more...]
Moshe Joseph Greidinger
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