Amazon’s upcoming wide release of Ben Affleck and Matt Damon’s Nike movie Air exclusively in theaters in April “could represent the start of a substantive move into theatrical exhibition by streaming companies,” said Sean Gamble, chief executive of nation’s third-largest movie chain. Amazon last month releaves plans to give Air a wide theatrical release April
Cinemark Earnings
Cinemark, which saw box office momentum buoy second quarter financials, said August and September will be tougher as new release volume dips. CEO Sean Gamble told Wall Street on a post-earnings call that the nation’s third largest exhibitor is optimistic on the business, but that the pace of an ongoing recovery depends on consumer sentiment