CNNWF News and Press, Cineworld Group Plc From 05/17/22

National CineMedia (NASDAQ:NCMI) has jumped 13.1% after hours Tuesday as a filing indicates theater chain AMC Entertainment (NYSE:AMC) now has a 6.8% stake in the company. That news comes via a form 13G SEC filing pointing to a passive ownership stake. National CineMedia Inc. is the 48% owner...

Doctor Strange in the Multiverse of Madness (NYSE:DIS) repeated atop the domestic box-office chart - unsurprising, with little competition this month, though business fell off considerably. The film grossed $61 million across 4,534 North American theaters in its second weekend, about 67% wors...

In late 2019, Cineworld announced it was acquiring Cineplex for $34 per share. When the pandemic hit, Cineworld reneged on its offer. Cineplex is suing Cineworld and the matter continues to wind its way through the courts. For further details see: Turtle Creek - Cineplex...

It's not yet Memorial Day in the U.S., but it already Marvel Day apparently: Doctor Strange in the Multiverse of Madness (NYSE:DIS) became the year's biggest opener, grossing $185 million in domestic theaters. That tops a $134 million debut from The Batman (WBD) in early March. And it keeps u...

Sonic the Hedgehog 2 (NASDAQ:PARA) (NASDAQ:PARAA) dominated the domestic box office over the weekend, offering a data point of relief to film industry names looking for the resilience of family films in the COVID-19 pandemic. The pandemic-era movie industry has produced some bona fide hits in...

Cineworld's outlook may have improved as the Omicron surge fades, but it is certainly not out of the woods. In addition to its high debt load, the company is also facing massive potential liabilities from its failed Cineplex deal. The equity has been surprisingly resilient thus fa...

Vampire-villain film Morbius kept up Sony's (NYSE:SONY) five-month run of box-office strength, leading the weekend domestic box office with a strong (if not franchise-launching) $39.1 million gross. That was enough to cut the reign of last week's champ, The Lost City (PARA, PARAA), to one wee...

Cineworld Group plc. (CNNWF) Q4 2021 Earnings Conference Call March 17, 2022, 5:30 AM ET Company Participants Moshe Greidinger – Chief Executive Officer Nisan Cohen – Chief Financial Officer Conference Call Participants Alastair Reid – Investec Imogen Barker – Morg...

Cineworld Group plc press release (OTCPK:CNNWF): FY Non-GAAP EPS of $0.47. Revenue of $1.8B (+111.2% Y/Y). For further details see: Cineworld Group plc Non-GAAP EPS of $0.47, revenue of $1.8B

As expected, The Batman (NYSE:T) easily held on to the North American box office over the weekend, grossing $66 million in its second pass in theaters. With no wide-release competition, the film dropped off only 50% from its $134 million opening, bringing its cumulative domestic gross to $239...