Mark Zoradi

Cinemark, the nation’s third largest movie chain, said revenues for the first quarter ended in March fell to $114 million from $543 million the year before. Admissions revenues stood at $56 million and concession revenues $39 million. Attendance was 7.7 million, average ticket price was $7.25 and concession revenue per patron was $5.10. Shares were
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Cinemark CEO Mark Zoradi weighed in this morning on all the noise that Universal and AMC stirred up last week with their plan to crunch the theatrical window to 17 days. “Consistent with our past practices, Cinemark does not comment on the actions of our competitors. That said we believe an exclusive theatrical window is critically
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Editors’ Note: Deadline’s Reopening Hollywood series focuses on the complicated effort to get the industry back on its feet while ensuring the safety of everyone involved. Our goal is to examine numerous sides of the business and provide a forum for leaders in Hollywood who have a vision for how production could safely restart in the era
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Cinemark CEO Mark Zoradi remained confident this morning on the exhibitor’s Q1 call that Warner Bros.’ Christopher Nolan movie Tenet will remain on track and open on its planned July 17 release date. While Solstice Studios’ Unhinged will be the first new wide release movie in those theaters that are open on July 1, Tenet with
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While Cinemark CEO Mark Zoradi continued to champion the theatrical window this morning on the chain’s Q1 earnings call, he also told investors and financial analysts that when it comes to smaller and lower-grossing titles, “we’re open to talking with studio partners about alternatives we can consider.” “I don’t want to give the wrong impression,”
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Cinemark CEO Mark Zoradi, who exhibition chain like the rest of the industry is shut down due to the ongoing coronavirus pandemic, earned $6.3 million in total compensation for 2019, up from $5.2 million the year before, the company said Friday in its annual proxy statement filed with the SEC. The year-over-year gain stemmed from
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