CNNWF News and Press, Cineworld Group Plc From 12/15/21

UK-based cinema giant Cineworld is sliding in U.S. trading (OTCPK:CNNWF -38.7%, OTCPK:CNWGY -44.1%) after an Ontario court found the company repudiated its transaction to acquire Canada's Cineplex (CPXGF +9.9%) - a takeover attempt that broke down. That results in a damages award of C$1.24 bi...

A long weekend offered movies what they needed to push the box office over $100 million in total again, and Disney (DIS -0.1%) responded as expected, with its Encanto taking top receipts with $40.3 million. The new film from Disney animation had targeted $40 million over the five-day Thanksgi...

It's Thanksgiving in the U.S., which means the usual Friday film releases move up to Wednesday in a pitched battle for the holiday moviegoer's dollars on a five-day weekend. There are three new wide releases looking to steal share from Ghostbusters: Afterlife (NYSE:SONY), which opened to a fa...

Point Roberts, WA and Delta, BC - November 24, 2021 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today's edition of the Crypto Corner podcast and commentary on what's driving cryptocurrency stocks and the crypto market. ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Who knew the legacy movie theater industry would be among the largest-scale adopters of cryptos right now? Source: Shutterstock Well, that appears to be the case. Following the high-profile move of  AMC Enterta...

Ghostbusters: Afterlife (SONY -1.5%) - a modern sequel to the beloved 1984 film Ghostbusters - cleaned up the town at movie theaters over the weekend, leading all comers with $44 million in grosses. That was well over expectations for $27 million-$35 million. It was the film to knock Eternals...

Cineplex is Canada's market-leading movie theater chain with 75 percent market share. Despite COVID-19 restrictions in the most recent quarter, Cineplex reported box office revenues of 80 percent of October 2019 levels for October 2021. Canada is one of the most vaccinated countri...

The latest Marvel Studios (DIS +0.9%) film, Eternals, splashed at the weekend box office with a $71 million opening, far and away the top grosser for the period. But some observers had hoped it could hit $75 million-$80 million. The win for Eternals bumps Dune (T -1.1%), the leader from the l...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Movie stocks are on the move today as investors celebrate a positive month for the market despite concerns over the pandemic. Source: Zoriana Zaitseva / Shutterstock.com The big news here is that movie ticket sales...

Dune (T -0.1%) surpassed expectations at the weekend box office, grossing $40.1 million domestically to easily outpace a decent crop of strong performers from the last four weekends. Its performance was particularly notable considering it broke a streak of relatively disappointing numbers fro...