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That cinema companies have suffered during the lockdowns is obvious enough. We might expect a revival upon return to normality. This does require that the company can actually survive until that return to normality of course. Cineplex can survive and the vaccines are coming. So, a...
French President Macron has unveiled a plan to partially (and gradually) lift COVID-19 restrictions, which includes allowing the country's movie theaters to reopen somewhat on Dec. 15. That opens a small window for some incremental revenue for Wonder Woman 1984 (T -1.1%), now set to hit Frenc...
Canada's Cineplex (CPXGF) is now the third major North American cinema chain to reach a deal on a shorter release window with Universal Pictures (CMCSA +0.1%). That follows a recent agreement Universal reached with Cinemark (CNK +0.9%), and a precedent-breaking deal with AMC (AMC +3.1%) in Ju...
Cineplex (CPXGF) is down 5.5% in U.S. trading after a downgrade at Scotiabank, to Sector Perform from Outperform. That follows a five-day rally of more than 50%, coinciding with positive developments on the COVID-19 vaccine front. That vaccine-based optimism is what has helped drive the share...
Cinemark (CNK) is up 4.5% after it became the second theater chain to come to a deal with Universal Pictures shortening the film release window for theaters, before movies head to on-demand availability. B. Riley FBR has raised its price target on the chain to $14, from $11 (vs. current price...
Cineplex Inc. (CPXGF) Q3 2020 Earnings Conference Call November 13, 2020 10:00 AM ET Company Participants Melissa Pressacco - IR Ellis Jacob - President and CEO Gord Nelson - CFO Conference Call Participants Derek Lessard - TD Securities Jeff Fan - Scotiabank Aravinda Galappatthige - Canaccor...
With a Christmas Day release now exactly six weeks away, a key decision is arriving for Warner Bros. (T +1.3%): What to do with Wonder Woman 1984, the last of the 2020 blockbusters. With big-ticket films scattering from the summer and fall film calendars amid ongoing surges of COVID-19, specu...
Mittleman Investment Management, LLC (“MIM”) is an SEC-registered investment adviser that provides discretionary portfolio management to institutional investors and high-net-worth individuals. The Mittleman Global Value Equity Fund – Class P declined 1.4% net of f...
Disney (DIS) has dropped the latest bombs on the increasingly barren 2020 theatrical release calendar - postponing Ryan Reynolds action/comedy Free Guy from its original Dec. 11 date, and Kenneth Branagh's Agatha Christie adaptation Death on the Nile from its Dec. 18 debut. The films have bee...
Cinema stocks are broadly lower and dropping into the close - not only alongside the market downturn but also more analyst negativity, after Barrington Research downgraded its Outperform rating on Cinemark (CNK -7.8%). [[AMC]], the top U.S. theater chain, is -7.2%, while Marcus (MCS) is -3.3%...
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