CNK - Cinemark Holdings, Inc.
BlackRock Inc. purchased a new position in shares of Cinemark Holdings Inc (NYSE: CNK) during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 16,730,390 shares of the company's stock, valued at approximately $530,855,000. BlackRock Inc. owned about 14.43% of Cinemark as
Theater exhibitors are rallying midday Monday against a broadly softer market, and the shape of the tape is what makes today interesting.
AMC's strong rebound faces a balance-sheet hurdle, while CNK combines record profitability, rising estimates and new growth avenues.
<p>"Now Streaming" is The Fly's weekly recap of the stories surrounding the biggest content streamers.</p><p><b>PLAYING THIS WEEKEND: </b>This weekend's most notable streaming content is the fifth and final season of Netflix <a href="/NFLX">(NFLX)</a> mystery teen drama "Outer Banks." Meanwhile, Hulu <a href="/DIS">(DIS)</a> subscribers can catch the first episode of the new season of comedy series "It's Always Sunny in Philadelphia," while HBO Max <a href="/WBD">(WBD)</a> users can stream psychological drama film "Mother Mary," starring Anne Hathaway and Michaela Coel. </p><p><b>PARAMOUNT/WARNER BROS.:</b> Last Friday, Paramount Skydance <a href="/PSKY">(PSKY)</a> said it has satisfied all regulatory clearances required under the merger agreement to close its proposed acquisition of Warner Bros. Discovery. The company said, "The eight-month review process has spanned 68 countries worldwide, including the European Union, UK, Australia, Canada, Brazil, China, COMESA, the U.S. Department of Justice and, most recently, Mexico, which announced its clearance today. These independent regulators from across the globe applied the law and market definitions that reflect how audiences consume entertainment and how media companies compete today - and have consistently found no basis to prevent the transaction from moving forward. Paramount and WBD could and would close today and begin delivering the benefits recognized by regulators around the world, theater owners and others across the industry but for the actions of just 12 state attorneys general." Paramount urges the 12 state attorney generals who brough litigation to "engage with us in good faith, as we have repeatedly sought to do, to resolve this litigation and clear the way to bring these two companies together."</p><p>Meanwhile, Reuters' David Shepardson reported this week that Paramount has asked a U.S. judge to require states challenging the acquisition of Warner Bros. to post a $1.88B bond to address the costs caused by the delays. The company must pay $7M a day if the $110B merger does not close by September 30. Paramount noted trials with the states is scheduled for March and final legal briefs are in April, which would result in Paramount Skydance paying Warner Bros $1.3B in "ticking fees."</p><p>Additionally, while a dozen state attorneys general argue the takeover of Warner Bros. Discovery would hurt movie theaters, chains controlling 60% of the U.S. market now argue the opposite, Brooks Barnes of The New York Times reported. Cinemark <a href="/CNK">(CNK)</a> is the latest movie theater owner to support CEO David Ellison's deal, pointing to Ellison's "firm" commitment for at least 30 movies in theaters each year, waiting at least 45 days before making them available on streaming, and 90 days before being put on subscription streaming services. AMC Entertainment <a href="/AMC">(AMC)</a> endorsed the transaction in April after similar assurances from Ellison. Regal similarly followed suit this month. </p><p><b>PEACOCK PRICE: </b>Effective August 18, the prices of Peacock <a href="/CMCSA">(CMCSA)</a> subscription plans have changed. A Peacock Select monthly subscription is now $8.99/month up from $7.99. A Peacock Premium monthly subscription is now $12.99/month up from $10.99. A Peacock Premium Plus monthly subscription is now $19.99/month up from $16.99. A Peacock Select annual subscription is now $89.99/year up from $79.99. A Peacock Premium annual subscription is now $129.99/year up from $109.99. A Peacock Premium Plus annual subscription is now $199.99/year up from $169.99. The company said, "These price changes allow Peacock to continue to create the best experience for its viewers, remain competitive in the marketplace, and deliver unique content across all genres. Current annual subscribers, or any users on active promotional offers, will continue at their current prices until those plans or offers expire. Subscriptions will then renew at the new price."</p><p><b>DISNEY/FCC: </b>Disney's ABC is suing the FCC, arguing that its efforts to challenge ABC's broadcast licenses and regulate The View are unconstitutional attempts to suppress speech, The Wall Street Journal's Joe Flint reported. ABC's current fight with the FCC stems from a broader dispute that began with Brendan Carr's investigation into Disney's DEI practices, while ABC executives viewed the probe as connected to criticism from programs including Jimmy Kimmel Live! and The View, Flint said. The FCC maintains the DEI review is focused on potential discrimination violations and is separate from programming, while ABC argues the investigations have become a means of pressuring the network over its speech.</p><p><b>YOUTUBE/NETFLIX:</b> YouTube <a href="/GOOGL">(GOOGL)</a> is offering millions of dollars to popular channels on its platform if they upload videos exclusively to the site for a period of time, Lucas Shaw of Bloomberg reported, citing people familiar with the matter. YouTube is hoping to halve Netflix's pursuit of its top stars. The company has not yet finalized any deals with creators but is close to an agreement with several partners, the sources added.</p><p><b>STOCK PLAYS:</b> Other publicly traded companies in the streaming space include Apple <a href="/AAPL">(AAPL)</a>, Roku <a href="/ROKU">(ROKU)</a>, Fox <a href="/FOXA">(FOXA)</a>, Amazon <a href="/AMZN">(AMZN)</a>, AMC Global Media <a href="/AMCX">(AMCX)</a>, and Fubo <a href="/FUBO">(FUBO)</a>.</p>
PLANO, Texas--(BUSINESS WIRE)-- #Cinemark--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest and most influential theatrical exhibition companies in the world, today announced that Spider-Man: Brand New Day has become the highest grossing domestic film in Cinemark history. The film has also delivered record-breaking results across the Company's premium formats, becoming the best-ever title for Cinemark XD, ScreenX panoramic screens and D-BOX motion seats, while also driving strong demand for Cinemark.
Wall Street flipped the script Friday with a wave of surprise upgrades and downgrades hitting names like Wayfair, Roku, and Fox Corporation, while cooler inflation data reshuffled bets across stocks, bonds, oil, and crypto all at once.
Assenagon Asset Management S.A. boosted its holdings in shares of Cinemark Holdings Inc (NYSE: CNK) by 378.4% during the undefined quarter, according to its most recent 13F filing with the SEC. The fund owned 117,150 shares of the company's stock after purchasing an additional 92,661 shares during the period. Assenagon Asset Management S.A.
PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (“Cinemark”) (NYSE: CNK), one of the largest and most influential theatrical exhibition companies in the world, announced today that its Board of Directors has declared a quarterly cash dividend of $0.09 per share of common stock. The dividend will be paid on September 9, 2026, to stockholders of record on August 26, 2026. Also announced today, Lawrence Burian has been elected as a Class II director of Cinemark Holdings, Inc. Board of Direc.
California State Teachers Retirement System increased its holdings in Cinemark Holdings Inc (NYSE: CNK) by 25.3% during the undefined quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 121,664 shares of the company's stock after acquiring an additional 24,543 shares during the quarter. California State
Cinemark (CNK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Cinemark (CNK) possesses solid growth attributes, which could help it handily outperform the market.
[url="]Cinemark Holdings, Inc.[/url] (NYSE: CNK), one of the largest and most influential theatrical exhibition companies in the world, today announced that Jul
PLANO, Texas--(BUSINESS WIRE)-- #Cinemark--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest and most influential theatrical exhibition companies in the world, today announced that July 31 through August 2 was the biggest domestic weekend box office of all time for the company, propelled by the sensational opening of Spider-Man: Brand New Day, with additional contribution from The Odyssey's strong holdover performance. Additionally, the web-slinging success of Spider-Man: Brand New Day delivered Cine.
Cinemark NYSE: CNK reported what President and CEO Sean Gamble described as a historic second quarter, with worldwide quarterly revenue exceeding $1 billion for the first time and adjusted EBITDA reaching a record $294 million.
Cinemark Holdings, Inc. (CNK) Q2 2026 Earnings Call Transcript
Although the revenue and EPS for Cinemark (CNK) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest and most influential theatrical exhibition companies in the world, today announced record-breaking results for the second quarter 2026 as more than 60 million moviegoers chose Cinemark theaters to experience Hollywood's newest releases. Notably, the second quarter marks the first time Cinemark has surpassed $1 billion in quarterly revenue, which is attributable to its best-ever performance in box office, premi.
Cinemark Holdings (CNK) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $0.63 per share a year ago.
The nation's third and fourth largest theater chains, Cinemark and Marcus Theatres, both posted upbeat earnings amid a long-awaited box office recovery. Plano, Texas-based Cinemark saw sales rise 15% to $1.
PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (“Cinemark”) (NYSE: CNK), one of the largest and most influential theatrical exhibition companies in the world, today reported results for the three and six months ended June 30, 2026. In conjunction with the earnings release, Cinemark published its second quarter executive commentary, which can be accessed on Cinemark's Investor Relations website at ir.cinemark.com under financial results. Conference Call Cinemark will host a public audio.