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Author Topic: Theatre Chain Status
Manuel Francisco Valencia
Expert Film Handler

Posts: 151
From: Oklahoma City, OK, USA
Registered: Dec 2000


 - posted 02-14-2002 03:35 PM      Profile for Manuel Francisco Valencia   Email Manuel Francisco Valencia   Send New Private Message       Edit/Delete Post 
I was just wondering how all the other chains are doing. We (Cinemark) got a brief report via email yesterday. To make it short and not to release to much information, Cinemark increased profits by a great margin and cut loses and expenses by a slight margin and with all the other theatre chains closing screens we are now the second largest as far as screens goes.

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Mike Spaeth
Phenomenal Film Handler

Posts: 1129
From: Marietta, GA
Registered: Jul 2000


 - posted 02-15-2002 10:19 AM      Profile for Mike Spaeth   Author's Homepage   Email Mike Spaeth   Send New Private Message       Edit/Delete Post 
Manuel - that report we got was simply a copy of the press release. All of that information is now public.

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John Pytlak
Film God

Posts: 9987
From: Rochester, NY 14650-1922
Registered: Jan 2000


 - posted 02-15-2002 12:05 PM      Profile for John Pytlak   Author's Homepage   Email John Pytlak   Send New Private Message       Edit/Delete Post 
Here's the CineMark press release with 4th Quarter 2001 results:
http://www.cinemark.com/PressReleases/4qtr2001NR.htm

------------------
John P. Pytlak, Senior Technical Specialist
Worldwide Technical Services, Entertainment Imaging
Research Labs, Building 69, Room 7525A
Rochester, New York, 14650-1922 USA
Tel: 585-477-5325 Cell: 716-781-4036 Fax: 585-722-7243
E-Mail: john.pytlak@kodak.com
Web site: http://www.kodak.com/go/motion


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Charles Everett
Phenomenal Film Handler

Posts: 1470
From: New Jersey
Registered: May 2001


 - posted 02-23-2002 10:22 AM      Profile for Charles Everett   Email Charles Everett   Send New Private Message       Edit/Delete Post 
AMC recorded record revenue but posted a net loss for its fiscal 3rd quarter (ending 12/27/2001). According to the Kansas City Star, the disparity was mainly due to "stiff terms" on Harry Potter and The Lord of the Rings.

Now I know why a fellow Film-Techer said "Keep selling that popcorn!"

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Ian Price
Phenomenal Film Handler

Posts: 1714
From: Denver, CO
Registered: Jun 99


 - posted 02-23-2002 12:52 PM      Profile for Ian Price   Email Ian Price   Send New Private Message       Edit/Delete Post 
I would say that if you report a net loss because of stiff terms on Harry Potter and Lord of the Rings then the terms are criminaly wrong.

I don't know what to do about it, but it makes me mad.

Thank God I run an Art House, where the terms are somewhat better.

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