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Nov 17, 2020
11/20
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KNTV
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cinemark will receive a share of the revenue. >> that would work here.can't even go to the movie theaters now. we've slid back down in the tier system. watching at home. >> you feel for the theater owners, though. they're having a really tough time. >> thanks, rahel. >> for sure. >> we're hoping for the best. >> we're hoping you're going to pop the pot copcorn. >>> you can start getting prescriptions from amazon as well. the company is launching its online pharmacy today including in-network insurers but will include a discount prescription program aimed at folks with the highest deductible plans who may do bet werter with a cash price. a startup company they purchased a couple of years ago. >>> 4:45 for you that morning and struggling on the streets. next for you here on "today in the bay" the all-new steps governor newsom is taking to help the homeless find housing during the pandemic. we'll talk about it on the other side of the break. ♪ we have the power to harness california's abundant solar and wind energy, but it's not available all day long. use
cinemark will receive a share of the revenue. >> that would work here.can't even go to the movie theaters now. we've slid back down in the tier system. watching at home. >> you feel for the theater owners, though. they're having a really tough time. >> thanks, rahel. >> for sure. >> we're hoping for the best. >> we're hoping you're going to pop the pot copcorn. >>> you can start getting prescriptions from amazon as well. the company is launching its...
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cinemark the new normal is making life the best for the film industry lobby or the lights going out for. the lives going on. next on d w. column style modern. the male julia electric. made restoration of the retro classic. custom a power of luxury. goods well suited to lovers of high priced like digital read. the 16 d. w. . most. every day counts for us and for our climate. model mind is on its way to bring you more conservation law. how do we make see the screen or how can we protect habitats what to do with all our worst when. we can make a difference by choosing smaller solutions overstrained said in a way sublime genius to limit to a series of games little girls are on the bomb on. the. moon's cinema is going to change even more than we realize that all rejoined to this the book or let's just say. the cinema will survive but it will play a far more modest roles.
cinemark the new normal is making life the best for the film industry lobby or the lights going out for. the lives going on. next on d w. column style modern. the male julia electric. made restoration of the retro classic. custom a power of luxury. goods well suited to lovers of high priced like digital read. the 16 d. w. . most. every day counts for us and for our climate. model mind is on its way to bring you more conservation law. how do we make see the screen or how can we protect habitats...
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cinemark the new normal is making life. for the film industry lobby. for the lights going out for. the lights going on for a. cinema. our topic this week arts and culture on d w. this is deja news africa coming up on the program to teach the victims a legacy called that is just. is the good side suffered lifelong injuries during a terrorist attack on the u.s. embassy in nairobi 22 years ago but she and many other kenyan survivors have been excluded from the compensation package that has been largely dedicated to american victims also on the program to toughen up become a mother who is colored full of don't have the don't you.
cinemark the new normal is making life. for the film industry lobby. for the lights going out for. the lights going on for a. cinema. our topic this week arts and culture on d w. this is deja news africa coming up on the program to teach the victims a legacy called that is just. is the good side suffered lifelong injuries during a terrorist attack on the u.s. embassy in nairobi 22 years ago but she and many other kenyan survivors have been excluded from the compensation package that has been...
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we like cinemark, the movie theater chain.a normal environment, they can operate at only 25% capacity. again, we think, last time on the show we talked about companies that can make it over the liquidity bridge. if companies can make it over this bridge, over covid, we think they have a great opportunity to get back to where they were, back in march. so a lot of these stocks are down 50%. cinemark is one of those where you have a great convertible with a 4.5% coupon. again, they are able to operate with very low, 25% capacity, did over $3 billion in revenue before all this happened. $260 million in free cash flow. we think the stock could get back to 24. live nation is another one. it's a company we think can make it over the liquidity bridge with $1.9 billion liquidity which will take them through third quarter of 2021. interesting, only 17% of people have asked for refunds not to go to concerts so people want to roll their tickets and we think -- liz: sure they do. yeah. >> absolutely. when a vaccine is through the system, w
we like cinemark, the movie theater chain.a normal environment, they can operate at only 25% capacity. again, we think, last time on the show we talked about companies that can make it over the liquidity bridge. if companies can make it over this bridge, over covid, we think they have a great opportunity to get back to where they were, back in march. so a lot of these stocks are down 50%. cinemark is one of those where you have a great convertible with a 4.5% coupon. again, they are able to...
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Nov 18, 2020
11/20
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CSPAN2
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if you look at the inauguration cinemark in history. i would argue that the inauguration will take place in january is probably the toughest for our country since march of 1933. fdr first term. a pandemic that is caused unprecedented and unnecessary death and economic challenges, challenging global health situations . and challenging global security situations. so what president-elect biden is looking into, is one of the toughest first days in office probably the last 90 years. that makes the need for this transition so important . what is the trump administration during freedom will repeat this. the comments of the majority leader made but one in particular, his refusal the gsa to give this ascertainment to say, congress is coming together and transition we can start spending some of the biden team inc. who would harm if they did that for it if they wanted to fight the court battles they can still do that . would harm along the biden transition team this most challenging times to start working on these significant issues. it would harm
if you look at the inauguration cinemark in history. i would argue that the inauguration will take place in january is probably the toughest for our country since march of 1933. fdr first term. a pandemic that is caused unprecedented and unnecessary death and economic challenges, challenging global health situations . and challenging global security situations. so what president-elect biden is looking into, is one of the toughest first days in office probably the last 90 years. that makes the...
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Nov 17, 2020
11/20
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CNBC
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both stocks, comcast and cinemark up 4% comcast is trading higher, our parent company as well as beingt company of julia. at this point this is setting the double -- >> studios will now have the flexibility of how they want to release their films and i would expect the other movie studios to follow as well. what's so interesting is it's not just about shortening the window, it's about giving flexibility so if a film is doing very well and a film opens to $50 million or more, part of the deal here is that it will stay in theaters for five full weekends or 31 days so the idea is to figure out how to maximize the box office and also maximize that premium video on demand revenue, what they call the povd, kelly. >> the pandemic, people are accustomed to being able to do streaming. i'm not saying they won't ever go back to the theater for the experience but the cat's out of the bag. >> interesting that cinemark's has moved higher on that news. consumers are digesting the way, one example remains, is this kind of something that contained after thing go back to norm a.m. and does it go away wi
both stocks, comcast and cinemark up 4% comcast is trading higher, our parent company as well as beingt company of julia. at this point this is setting the double -- >> studios will now have the flexibility of how they want to release their films and i would expect the other movie studios to follow as well. what's so interesting is it's not just about shortening the window, it's about giving flexibility so if a film is doing very well and a film opens to $50 million or more, part of the...
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cinemark the new normal is making life above for the film industry the body. more of the lights going out for. a little more going on. in 30 minutes on d w. the cost efficiency. doubles the plan for the boeing $737.00 max 10 but above all it was deadly hundreds of passengers died because the aircraft manufacturer hushed up a fatal software but that was just the beginning. boeing deadly assumptions. it should be fun. w. . my 1st vice like a model sewing machine. where i come from women are bones by this notion for. something as simple as learning how to write them by side poses and. since i was a little girl i wanted to have a bias that the loss of my home but it took me years to understand there's. finally gave up and went on buying young guys like that but returns people sewing machines sewing i suppose was more apt procreate for goes then rising a vital as now i want to reach out to those woman back home blood bones by their duties and social norms and inform them of old dead basic rights my name is the amount of people homes and i work feed them. has a viru
cinemark the new normal is making life above for the film industry the body. more of the lights going out for. a little more going on. in 30 minutes on d w. the cost efficiency. doubles the plan for the boeing $737.00 max 10 but above all it was deadly hundreds of passengers died because the aircraft manufacturer hushed up a fatal software but that was just the beginning. boeing deadly assumptions. it should be fun. w. . my 1st vice like a model sewing machine. where i come from women are bones...
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cinemark. the new normal is making life the mug for the film industry. lobby when the lights going out for. the lines going on for. 30 minutes on d w. and you hear me now yes yes we can hear you and how last year's jam and sauce that will bring you uncle a man called and you've never had to have a surprise yourself with what is possible who is magical really what moves out and what. we talk to people who follows her along the way admirers and critics alike how is the world's most powerful woman shaping the ticket joining us from apple's last stop some. odd give us your country on the the world will make you rich. people oil will provide you with jobs love the oil will take good care less interest in the odd future took hold on the west coast and gone on in 2007 investors made big promises. but years later reality looks very different. litters. the drinking water shortage. the employment i. used to be good. for me just. not a trace of oil money to be. gone a stream of black gold. oil thomas' starts december 4th. this is huge news and these are our top sto
cinemark. the new normal is making life the mug for the film industry. lobby when the lights going out for. the lines going on for. 30 minutes on d w. and you hear me now yes yes we can hear you and how last year's jam and sauce that will bring you uncle a man called and you've never had to have a surprise yourself with what is possible who is magical really what moves out and what. we talk to people who follows her along the way admirers and critics alike how is the world's most powerful woman...
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Nov 2, 2020
11/20
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KPIX
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amc and cinemark are allowing small groups to rent out the entire theater for up to 20 of their closest friends and family. >>> to the east bay with uc berkeley suffering a major financial blow due to the pandemic. a research institute is on the brink of closure. the institute for the study of societal issues is expected to close by the end of the academic year. it is the only campus institute currently slated to shut down. cal is suffering from an estimated $240 million revenue loss because of the pandemic the institute has been around since 1876, founded to study race and societal change. it has played an integral role in supporting black and indigenous students, providing fellowships, office space and community. at least 167 doctoral students have gone through its graduate fellows program. >>> how investors are feeling ahead of the election. plus, how soon one fast food spot is said to roll out its popular seasonal items. those stories and more with diane king hall. >> reporter: wall street finished lower last week on friday. the dow dropped 157 points. the nasdaq slumped 274 and the
amc and cinemark are allowing small groups to rent out the entire theater for up to 20 of their closest friends and family. >>> to the east bay with uc berkeley suffering a major financial blow due to the pandemic. a research institute is on the brink of closure. the institute for the study of societal issues is expected to close by the end of the academic year. it is the only campus institute currently slated to shut down. cal is suffering from an estimated $240 million revenue loss...
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cinemark the new normal is making life. for the film industry. more than life going out for.you with a lot going on. in 30 minutes on d. w. . september 19th 93 israelis and palestinians signed the oslo accords and peace in the middle east seemed possible. new videos and private documents tell the story of the tough negotiations behind the scenes before that remains reached end of the bitter collapse of the occurrence of. the oslo diaries. in 75 minutes on d. w. . why are people forced to hide in trucks. the books there are many presents such the but there are many answers the book. and there are many stories. above make up your own mind the body. made for minds and visionary and a pragmatist a diplomat who always gets straight to the point to. look good to institutes outgoing director close to tell a man. we'll look at his final year in office and his impressive career. the last cultural diplomat. starts nov 16th on t.w. . but. this is day w. means mine from the u.s. president elect joe biden says now is the time to heal in america it's time to put away the harsh rhetoric glo
cinemark the new normal is making life. for the film industry. more than life going out for.you with a lot going on. in 30 minutes on d. w. . september 19th 93 israelis and palestinians signed the oslo accords and peace in the middle east seemed possible. new videos and private documents tell the story of the tough negotiations behind the scenes before that remains reached end of the bitter collapse of the occurrence of. the oslo diaries. in 75 minutes on d. w. . why are people forced to hide...
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Nov 23, 2020
11/20
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KNTV
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several independent movie theaters have been forced to close down while bigger chains like amc and cinemarkin losses. >>> things have been done differently this year, including the iconic macy's day parade the show will go on, but only on tv chris pollone has the details. >> reporter: thanksgiving will be different because of covid-19 millions will still tune into the macy's thanksgiving day parade. >> we'll still be doing a live parade, but it is going to be shortened and only for viewers at home. >> no crowds lining the streets of manhattan as marching bands, floats and balloons make their way to herald screen performances will only take place on television, utilizing every precaution to stop the virus' spread. >> safety is our number one priority. >> reporter: that means the number of people involved has been cut by 75%. there will be masks and social distancing and those trademark macy's helium balloons will be tethered to vehicles instead of being walked by dozens of handlers. >> the viewers can expect to see a lot of the same stuff that they know and love that the macy's thanksgiving
several independent movie theaters have been forced to close down while bigger chains like amc and cinemarkin losses. >>> things have been done differently this year, including the iconic macy's day parade the show will go on, but only on tv chris pollone has the details. >> reporter: thanksgiving will be different because of covid-19 millions will still tune into the macy's thanksgiving day parade. >> we'll still be doing a live parade, but it is going to be shortened and...
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Nov 2, 2020
11/20
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KPIX
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amc and cinemark are allowing moviegoers to rent out the entire theater for a 220 of their closest friends and family starting at $99. and vacation rental sites recently offered what it calls the most socially distant ski vacation ever. the unique listing at a utah cabin came with a private ski mountain for an entire day during their stay for just $100 a night. the point sky also found in a recent survey that of the people who do expect to travel this holiday season, nearly 40% said it will be their first trip since the pandemic began and jen z travelers are most likely to get away.>>> happening tomorrow, battle between san jose church and that santa clara health kenny is going before the judge. they pack the pews today at cavalry chapel in san jose. services will still be held despite the church facing the range of $50,000 in fines. they resumed indoor services two months into the quarantine hosting anywhere from 100 to 600 people without face coverings. the county auditor ceased and assist order into the church. the church is fighting back, hiring a team of attorneys. >> this is egregiou
amc and cinemark are allowing moviegoers to rent out the entire theater for a 220 of their closest friends and family starting at $99. and vacation rental sites recently offered what it calls the most socially distant ski vacation ever. the unique listing at a utah cabin came with a private ski mountain for an entire day during their stay for just $100 a night. the point sky also found in a recent survey that of the people who do expect to travel this holiday season, nearly 40% said it will be...
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Nov 30, 2020
11/20
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CNBC
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cinemark i am predicting for it to go up for 35 or above, post-pandemic, i think it is going to reboundzer comes out with the vaccine and a little popping in the bubblebubbles, i want to what you thought >> my daughter went to the movies this weekend but it was in madrid. >> i think this one is going to be a foot race between the vaccines and the business. if vaccine is done in april, you got a winner that's what you got to recognize. it is going to report and you got to be there in may it will be a little late let's go to jacob in new york. jacob. >> booyah, jim i am calling about lemonade, not the drink but the company. >> we totally have them on it is fantastic. it is a little company that's doing so well. all the kids brag about their insurance. i got kids in new york, hey, i use lemonade >> great great. that's exciting. a double click on that let me unpack that and pull the thread jackson in north carolina, jackson. >> booyah, jimmy chu >> jimmy, is it a buy at this level? >> it does trade unfortunately with the banks and not with the financial services, rocket companies. their bus
cinemark i am predicting for it to go up for 35 or above, post-pandemic, i think it is going to reboundzer comes out with the vaccine and a little popping in the bubblebubbles, i want to what you thought >> my daughter went to the movies this weekend but it was in madrid. >> i think this one is going to be a foot race between the vaccines and the business. if vaccine is done in april, you got a winner that's what you got to recognize. it is going to report and you got to be there in...
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Nov 2, 2020
11/20
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KPIX
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amc and cinemark are allowing moviegoers to rent out the entire theater for up to 20 of their closestriends or family. >>> on the brink of closure. ahead on kpix 5 and streaming on cbsn bay area, how a financial show and tell could shut down one of its research centers. >>> have you cast your ballot yet? the clock is ticking. advanced non-small cell lung cancer can take away so much. but today there's a combination of two immunotherapies you can take first. one that could mean... a chance to live longer. opdivo plus yervoy is for adults newly diagnosed with non-small cell lung cancer that has spread and that tests positive for pd-l1 and does not have an abnormal egfr or alk gene. it's the first and only approved chemo-free combination of two immunotherapies to harness the power of the immune system. opdivo plus yervoy equals a chance for more days. more nights. more beautiful weekends. more ugly sweaters. more big hugs. more small outings. opdivo and yervoy can cause your immune system to attack normal organs and tissues in your body and affect how they work. this may happen during or
amc and cinemark are allowing moviegoers to rent out the entire theater for up to 20 of their closestriends or family. >>> on the brink of closure. ahead on kpix 5 and streaming on cbsn bay area, how a financial show and tell could shut down one of its research centers. >>> have you cast your ballot yet? the clock is ticking. advanced non-small cell lung cancer can take away so much. but today there's a combination of two immunotherapies you can take first. one that could...
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Nov 2, 2020
11/20
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KPIX
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amc and cinemark are allowing moviegoers to rent out the entire theater for up to 20 of their closest friends and family. >>> a step forward for the cruiseship industry. federal health officials are allowing ships to set sail again but without any passengers. under new guidelines from the cdc, cruise ship operators will have to conduct simulated wages before they can be certified. those trips must have regular activities like meal service and entertainment with crewmembers playing the roles of passengers. the ships must have coronavirus testing at regular intervals. >>> yosemite national park is no longer requiring to use reservations to enter. the park at a reservation system put in place in the park reopened in june to help reduce the risk of coronavirus. now, visitors i just asked to do their part and follow cdc guidelines and keep their distance. >>> a deadline is fast approaching to reduce population at san quentin. >>> still ahead on kpix 5 and streaming on cbsn bay area, why some worry the transfer orders could cause another major outbreak. >>> we have moderate air quality for
amc and cinemark are allowing moviegoers to rent out the entire theater for up to 20 of their closest friends and family. >>> a step forward for the cruiseship industry. federal health officials are allowing ships to set sail again but without any passengers. under new guidelines from the cdc, cruise ship operators will have to conduct simulated wages before they can be certified. those trips must have regular activities like meal service and entertainment with crewmembers playing the...
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Nov 17, 2020
11/20
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FOXNEWSW
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universal and cinemark have reached a multiyear agreement that guarantees three full weekends or 17 days of theatrical exclusivity before a film can become available to rent on demand. that is a look outside the beltway from special report, we'll be right back. it's open! hey. think you're managing your moderate to severe ulcerative colitis or crohn's disease? -are you ok? -i did. but even when i was there. i never knew when my symptoms would keep us apart. so, i talked to my doctor and learned... humira is for people who still have uc or crohn's symptoms after trying other medications. and humira helps people achieve remission that can last. so you can experience few or no symptoms. humira can lower your ability to fight infections. serious and sometimes fatal infections, including tuberculosis, and cancers, including lymphoma, have happened, as have blood, liver, and nervous system problems, serious allergic reactions, and new or worsening heart failure. tell your doctor if you've been to areas where certain fungal infections are common and if you've had tb, hepatitis b, are prone to i
universal and cinemark have reached a multiyear agreement that guarantees three full weekends or 17 days of theatrical exclusivity before a film can become available to rent on demand. that is a look outside the beltway from special report, we'll be right back. it's open! hey. think you're managing your moderate to severe ulcerative colitis or crohn's disease? -are you ok? -i did. but even when i was there. i never knew when my symptoms would keep us apart. so, i talked to my doctor and...
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Nov 19, 2020
11/20
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CNBC
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thinking about the warner movie with "wonder woman," at announcement you brought us with universal and cinemark and talking about all streaming. there is very little discussion of traditional ways of getting content through theaters to consumers. >> not through movie theaters. not a lot of live music going on the but, boy, people are streaming at home and so let's get to sonos we just mentioned the shares skyrocketsing on better than expected q-4 results revenue jumped 16% on strong in home entertainment trends during the pandemic sonos ceo patrick spence joins us now in a first on cnbc interview. patrick, underneath the strong results you also did quite well on direct to consumer relationships. the that percentage moving, what, up into the 20s even with this surge >> yeah. you got it, jon. so it's actually 21% of our sales over the past year that's up from 12% the year before so 84% year over year growth you know, our system really lends itself to having that direct relationship with the customer you know, people are engaging with our app every single day. and so it's been a really one of thos
thinking about the warner movie with "wonder woman," at announcement you brought us with universal and cinemark and talking about all streaming. there is very little discussion of traditional ways of getting content through theaters to consumers. >> not through movie theaters. not a lot of live music going on the but, boy, people are streaming at home and so let's get to sonos we just mentioned the shares skyrocketsing on better than expected q-4 results revenue jumped 16% on...
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Nov 18, 2020
11/20
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CNBC
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so i don't think that's going to be a problem for cinemark to be able to continue to service those movies there is the question of when you'll have mass audiences returning. from what i understand, only about half of the theatres nationwide of all the chains in the country are open right now there are major markets like new york and los angeles that have no plans to open soon. when do you expect your movie-going audience to come back so a $50 million open is even an option >> thank you for that. right now we have about 75% of our theatres open. so we're much further penetrated and every theatre that is allowed to be open is, in fact, open and once some of those governmental and municipal requirements are loosened, when it's safe to return, we will open those theatres within a matter of days so we look at this and -- just one point that i would love to bring because it's a key data point, in japan and in china where the virus has been contained, they have released high-profile local content movie to absolutely record box office in the past month. in japan a movie called "a demon slayer" op
so i don't think that's going to be a problem for cinemark to be able to continue to service those movies there is the question of when you'll have mass audiences returning. from what i understand, only about half of the theatres nationwide of all the chains in the country are open right now there are major markets like new york and los angeles that have no plans to open soon. when do you expect your movie-going audience to come back so a $50 million open is even an option >> thank you...
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Nov 10, 2020
11/20
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CNBC
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two of the largest chains, amc and cinemark surging by 50%. airlines turbo charged united, delta, american all higher on optimism the vaccine may lead to a rebound in air travel in fact united preparing for something of a thanksgiving travel spike executives say it could be its busiest week since the pandemic struck 1400 domestic flights added to the united holiday schedule. more flights to be added on peak travel days in december as well. >>> and general motors is hiring, adding 3,000 tech positions to speed up production of electric vehicles. those jobs will be filled by march of next year. >>> on wall street, what a day the dow up 834 hitting a new high midday before pulling back a bit. s&p added one. the nasdaq the big loser down 181. those stay-at-home stocks dropped sharply on the idea that we might not be stuck inside forever after all. zoom and etsy both down 17%. so what does today's good, positive vaccine news mean to the economy. some promise long term and some challenges in the short term steve liesman is cnbc's economics correspon
two of the largest chains, amc and cinemark surging by 50%. airlines turbo charged united, delta, american all higher on optimism the vaccine may lead to a rebound in air travel in fact united preparing for something of a thanksgiving travel spike executives say it could be its busiest week since the pandemic struck 1400 domestic flights added to the united holiday schedule. more flights to be added on peak travel days in december as well. >>> and general motors is hiring, adding 3,000...
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cinemark. the new woman is making life better for the film industry. on. who in the lights going out for. the lights going on for. 30 minutes on d w. give us your country people on the make you rich. people will provide you with jobs. the oil will take good care of you listen to the big. oil fever took hold on the west coast it's gone up in 2007 investors made big promises but years later reality looks very different. letters which is the drinking water shortage high unemployment. what happened to gonna stream of black. thomas' for starters december 4th. this is news live from the america's new president elect pushes ahead with with his transition joe biden rolls out a coronavirus task force and makes plans to fill a critical close but how much cooperation can he expect from the chalk white house which is still refusing to concede defeat. there was no shortage of goals and. we'll see who came out on top.
cinemark. the new woman is making life better for the film industry. on. who in the lights going out for. the lights going on for. 30 minutes on d w. give us your country people on the make you rich. people will provide you with jobs. the oil will take good care of you listen to the big. oil fever took hold on the west coast it's gone up in 2007 investors made big promises but years later reality looks very different. letters which is the drinking water shortage high unemployment. what happened...
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Nov 17, 2020
11/20
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FBC
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then we have cinemark theaters, universal pictures that have reached a deal on a special idea of howase a movie. what is with that, ashley? ashley: sign of the time's. theater operator cinemark agreed to a deal allowing universal pictures to offer its movies in us homes as a cns 17 days after they debut in the theaters. it's a similar deal to the one universal made in july with amc which is the worlds largest theater chain. universal could offer movies for sale via premium video-on-demand basis after they have played for at least three weekends in theaters before the pandemic movie theaters would have been an exclusive window that lasted about 74 days and they really protected that number very harshly because they said look, otherwise people will watch from home. universal one of the few major studios sending movies to theaters in the coming months. many other studios, as we know, remain closed at. it is a sign of the times. stuart: another one. thank you. we have been open in the market for precisely eight minutes and we are on the downside to the tune of 1.1%, 300 points down for d
then we have cinemark theaters, universal pictures that have reached a deal on a special idea of howase a movie. what is with that, ashley? ashley: sign of the time's. theater operator cinemark agreed to a deal allowing universal pictures to offer its movies in us homes as a cns 17 days after they debut in the theaters. it's a similar deal to the one universal made in july with amc which is the worlds largest theater chain. universal could offer movies for sale via premium video-on-demand basis...
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ashley,cinemark seeing some success after they adapted to the pandemic? they are down 3.5%.on? ashley: yeah. well, let's get to it. the movie theater chain says it sold nearly 50,000 private watch parties in the last four months, calling it a resounding success. cinemark says to date, more than 600,000 people have attended a private watch event with many reporting it was the first time back in a theater since the shutdown. the company has also implemented a series of new cleaning and safety products and has assigned what it calls a safety monitor to each theater shift. about 35% of the domestic theaters have reopened since september but it's so hard to attract any sizeable audiences, in the third quartercinemark reported revenue that plunged 67% with sales falling well short of forecast and as a result, that stock down essentially 4% today. still a tough go for the cinemas. stuart: can see that. thanks, ash. check that big board. we have turned south. we are down 140 points. the main political news of the day is that joe biden has moved to a leading position in georgia and i
ashley,cinemark seeing some success after they adapted to the pandemic? they are down 3.5%.on? ashley: yeah. well, let's get to it. the movie theater chain says it sold nearly 50,000 private watch parties in the last four months, calling it a resounding success. cinemark says to date, more than 600,000 people have attended a private watch event with many reporting it was the first time back in a theater since the shutdown. the company has also implemented a series of new cleaning and safety...
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Nov 20, 2020
11/20
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CNBC
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the stocks, amc, you see them, all down cinemark and amc down at least 50% this year. about business medical, questions about will whether they can reopen safely do these cheap stocks look good to you >> no, remember, this is the differentiation between an airline and a cruise ship. the airline business was a bad business before covid. it is going to be a worse business going forward theaters were facing big head winds from streaming precovid. it is a worse business now i would not touch frarchly any theater chain stocks unfortunately. >> i say just release the movies it's painful i want these -- them all to come out. i think people will pay for them we'll see. just a personal perches there with -- >> at home >> top gun, paramount. >> cnbc viacom produced that it is going to be huge. >> i feel like i saw the trailer for that three years ago and it is still not here. same with james bond at least wonder woman is come on christmas day. we have two minutes left we can come back to this conversation but firstly mike what are the internals showing >> actually firmed up. it
the stocks, amc, you see them, all down cinemark and amc down at least 50% this year. about business medical, questions about will whether they can reopen safely do these cheap stocks look good to you >> no, remember, this is the differentiation between an airline and a cruise ship. the airline business was a bad business before covid. it is going to be a worse business going forward theaters were facing big head winds from streaming precovid. it is a worse business now i would not touch...
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Nov 17, 2020
11/20
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FBC
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big changes coming soon to theater near you, universal pictures and cinemark striking deal, amc the largest the country has agreed to similar reveal, after theaters looking to rebound after being hit hard by pandemic. ryan cohen calling for a strategic review of the retailer. in a letter to the company's board cohen called game stop brick and mortar outdated. the companies needs to reduce physical stores and focus on e-commerce and e-stores. let's take a look at the stock in premarket, down half a percent. resilience in space, the first of spacex's contracted missions reaching the international space station, the resilience completed journey delivering 4 astronauts to the station for 6-month stay. the current crews will be replaced by dragon capsule. 262 miles above idaho, maria. some of your headlines we are watching, back to you. maria: all right, cheryl, thank you so much. bringing our troops home. president trump plan to go reduce troops in both iraq and afghanistan to a new low. only 2500 troops in each country before january 20th. right now there are approximately 4,500 u.s. troops in
big changes coming soon to theater near you, universal pictures and cinemark striking deal, amc the largest the country has agreed to similar reveal, after theaters looking to rebound after being hit hard by pandemic. ryan cohen calling for a strategic review of the retailer. in a letter to the company's board cohen called game stop brick and mortar outdated. the companies needs to reduce physical stores and focus on e-commerce and e-stores. let's take a look at the stock in premarket, down...
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it's not just amc but cinemark is up in a big way.ven disney is up in a big way today. their theme parks, some of them are still closed. they report later this week. i'm curious to see if they say anything on that report about this vaccine potentially changing how it looks at disney in the near future. stuart: i wonder if taking the vaccine will entitle you to a piece of paper and that piece of paper gets you into disney, gets you on to a plane, gets you on to a cruise. i wonder if a vaccine certificate, so to speak, will be a passport in the future. i don't know. but we are going to have to face that question. >>> meanwhile -- lauren: that's why -- stuart: go on. go on. lauren: i'm sorry. that's why distribution has to be done very orderly and it looks like we have, you know, the system in place to ensure that that happens, that those who need it, get it first. but if we are competing to go back to normal by who has maybe a slip of paper, you can see things getting a little bit chaotic. stuart: yeah, okay. yeah. it could be really in
it's not just amc but cinemark is up in a big way.ven disney is up in a big way today. their theme parks, some of them are still closed. they report later this week. i'm curious to see if they say anything on that report about this vaccine potentially changing how it looks at disney in the near future. stuart: i wonder if taking the vaccine will entitle you to a piece of paper and that piece of paper gets you into disney, gets you on to a plane, gets you on to a cruise. i wonder if a vaccine...