Cineworld

National CineMedia, Inc. Reports Results for Fiscal First Quarter 2024

Retrieved on: 
月曜日, 5月 6, 2024

“The first quarter of 2024 yet again proved the resilience of our industry-leading platform with strong performance across both the upfront and scatter marketplaces,” said Tom Lesinski, CEO of NCM.

Key Points: 
  • “The first quarter of 2024 yet again proved the resilience of our industry-leading platform with strong performance across both the upfront and scatter marketplaces,” said Tom Lesinski, CEO of NCM.
  • Operating loss improved to $22.7 million for the first quarter of 2024 from operating loss of $30.6 million for the first quarter of 2023.
  • Adjusted OIBDA, a non-GAAP measure, improved to negative $5.7 million for the first quarter of 2024 from negative $10.9 million for the first quarter of 2023.
  • Net loss for the first quarter of 2024 was $34.7 million, or negative $0.36 per diluted share, compared to net loss of $45.5 million, or negative $3.13 per diluted share, for the first quarter of 2023.

O-I Glass Appoints Gordon Hardie as Chief Executive Officer

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木曜日, 4月 4, 2024

PERRYSBURG, Ohio, April 04, 2024 (GLOBE NEWSWIRE) --  O-I Glass, Inc. (NYSE: O-I) (the “Company” or “O-I”) today announced that its Board of Directors (the “Board”) has appointed Gordon J. Hardie, current O-I Board member, as the Company’s next Chief Executive Officer, effective the later of May 15, 2024 or the date Gordon is issued his work-authorized U.S. visa. Gordon will also continue as a member of O-I’s Board, where he has served since 2015. He succeeds Andres Lopez, who previously announced his intention to retire.

Key Points: 
  • PERRYSBURG, Ohio, April 04, 2024 (GLOBE NEWSWIRE) --  O-I Glass, Inc. (NYSE: O-I) (the “Company” or “O-I”) today announced that its Board of Directors (the “Board”) has appointed Gordon J. Hardie, current O-I Board member, as the Company’s next Chief Executive Officer, effective the later of May 15, 2024 or the date Gordon is issued his work-authorized U.S. visa.
  • Gordon is a seasoned executive who brings over 35 years of leadership and operational expertise, including overseeing transformations at global companies to achieve industry-leading positions.
  • “Gordon is a proven leader with extensive experience in the packaged food and beverage industry, bringing valuable customer perspective.
  • Eric is an experienced executive having previously served as Chairman, President and Chief Executive Officer of Aramark, a leading global provider of food, facilities and uniform services, until he retired from his roles in 2019.

Cineworld Group Announces Leadership Team with New Executive Hires, Including President of Cineworld International

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木曜日, 3月 21, 2024

Cineworld Group , representing the second largest theatre circuit in the world, announced today the completion of its executive team following the 2023 appointments of Eduardo Acuna as Chief Executive Officer along with a new Board chaired by Eric Foss.

Key Points: 
  • Cineworld Group , representing the second largest theatre circuit in the world, announced today the completion of its executive team following the 2023 appointments of Eduardo Acuna as Chief Executive Officer along with a new Board chaired by Eric Foss.
  • Joining Acuna and the Cineworld Group team are Thomas Song as Chief Financial Officer, Ben Hill as Chief Human Resources Officer, John Henrich as General Counsel, John Curry as Senior Vice President of Commercial at Regal, and Javier Sotomayor as President of Cineworld International.
  • “We are excited to welcome Tom, Ben, John, Javier, and John to our executive team,” stated Eduardo Acuna, Chief Executive Officer for Cineworld Group.
  • In his role, Sotomayor will lead international teams outside of the US, including Ireland, Poland, Czech Republic, Slovakia, Hungary, Bulgaria, Romania, Israel, as well as Cineworld and Picturehouse in the UK.

Cineworld Group Announces Leadership Team with New Executive Hires, Including President of Cineworld International

Retrieved on: 
木曜日, 3月 21, 2024

Cineworld Group , representing the second largest theatre circuit in the world, announced today the completion of its executive team following the 2023 appointments of Eduardo Acuna as Chief Executive Officer along with a new Board chaired by Eric Foss.

Key Points: 
  • Cineworld Group , representing the second largest theatre circuit in the world, announced today the completion of its executive team following the 2023 appointments of Eduardo Acuna as Chief Executive Officer along with a new Board chaired by Eric Foss.
  • Joining Acuna and the Cineworld Group team are Thomas Song as Chief Financial Officer, Ben Hill as Chief Human Resources Officer, John Henrich as General Counsel, John Curry as Senior Vice President of Commercial at Regal, and Javier Sotomayor as President of Cineworld International.
  • “We are excited to welcome Tom, Ben, John, Javier, and John to our executive team,” stated Eduardo Acuna, Chief Executive Officer for Cineworld Group.
  • In his role, Sotomayor will lead international teams outside of the US, including Ireland, Poland, Czech Republic, Slovakia, Hungary, Bulgaria, Romania, Israel, as well as Cineworld and Picturehouse in the UK.

Cineworld Group Announces Leadership Team with New Executive Hires

Retrieved on: 
木曜日, 3月 21, 2024

KNOXVILLE, Tenn., March 21, 2024 /PRNewswire/ -- Cineworld Group, representing the second largest theatre circuit in the world, announced today the completion of its executive team following the 2023 appointments of Eduardo Acuna as Chief Executive Officer along with a new Board chaired by Eric Foss.

Key Points: 
  • KNOXVILLE, Tenn., March 21, 2024 /PRNewswire/ -- Cineworld Group, representing the second largest theatre circuit in the world, announced today the completion of its executive team following the 2023 appointments of Eduardo Acuna as Chief Executive Officer along with a new Board chaired by Eric Foss.
  • Joining Acuna and the Cineworld Group team are Thomas Song as Chief Financial Officer, Ben Hill as Chief Human Resources Officer, John Henrich as General Counsel, Javier Sotomayor as President of Cineworld International, and John Curry as Senior Vice President of Commercial at Regal.
  • "We are excited to welcome Tom, Ben, John, Javier, and John to our executive team," stated Eduardo Acuna, Chief Executive Officer for Cineworld Group.
  • "With their combined industry experience, leadership and communication skills, we are well-positioned to lead the best team in exhibition driving growth and success for Cineworld Group on a global level."

CJ 4DPLEX and Regal Open The World's Largest 4DX Auditorium in Times Square

Retrieved on: 
金曜日, 3月 1, 2024

HOLLYWOOD, Calif., March 1, 2024 /PRNewswire/ -- CJ 4DPLEX , the world's leading producer of premium film formats and cinema technologies, and Regal, announced today the largest 4DX auditorium in the world opened at Regal Times Square in the epicenter of New York City.

Key Points: 
  • HOLLYWOOD, Calif., March 1, 2024 /PRNewswire/ -- CJ 4DPLEX , the world's leading producer of premium film formats and cinema technologies, and Regal, announced today the largest 4DX auditorium in the world opened at Regal Times Square in the epicenter of New York City.
  • The 4DX theater also has 30 rainstorm fans with 14 fans placed directly above audience members, a first for any 4DX auditorium in the U.S.
    Additionally, Regal Times Square is the first complex in North America to house two 4DX theaters.
  • "Through our partnership with CJ 4DPlex, we are excited to bring the most immersive and largest 4DX auditorium to the entertainment capital of the world."
  • The world's largest 4DX auditorium is at Regal Times Square, located at 247 W 42nd Street in New York City.

CJ 4DPLEX and Regal Open The World's Largest 4DX Auditorium in Times Square

Retrieved on: 
金曜日, 3月 1, 2024

HOLLYWOOD, Calif., Feb. 29, 2024 /PRNewswire/ -- CJ 4DPLEX , the world's leading producer of premium film formats and cinema technologies, and Regal, announced today the largest 4DX auditorium in the world opened at Regal Times Square in the epicenter of New York City.

Key Points: 
  • HOLLYWOOD, Calif., Feb. 29, 2024 /PRNewswire/ -- CJ 4DPLEX , the world's leading producer of premium film formats and cinema technologies, and Regal, announced today the largest 4DX auditorium in the world opened at Regal Times Square in the epicenter of New York City.
  • The 4DX theater also has 30 rainstorm fans with 14 fans placed directly above audience members, a first for any 4DX auditorium in the U.S.
    Additionally, Regal Times Square is the first complex in North America to house two 4DX theaters.
  • "Through our partnership with CJ 4DPlex, we are excited to bring the most immersive and largest 4DX auditorium to the entertainment capital of the world."
  • The world's largest 4DX auditorium is at Regal Times Square, located at 247 W 42nd Street in New York City.

Cineworld Group Announces Thomas Song as New Chief Financial Officer

Retrieved on: 
木曜日, 12月 7, 2023

KNOXVILLE, Tenn., Dec. 7, 2023 /PRNewswire/ -- Cineworld Group announces the appointment of Thomas Song as Chief Financial Officer (CFO).

Key Points: 
  • KNOXVILLE, Tenn., Dec. 7, 2023 /PRNewswire/ -- Cineworld Group announces the appointment of Thomas Song as Chief Financial Officer (CFO).
  • "After an extensive search, we are proud to announce Tom Song as our new CFO," stated Eduardo Acuna, Chief Executive Officer for Cineworld Group.
  • "Tom provides our team with a history of achievement and true insights into financial management, analytics, and strategic planning.
  • With this background along with our talented finance team, he is the perfect leader to deliver a strategic financial vision that will drive growth and success for Cineworld Group."

A&G Named 'Real Estate Restructuring Firm of the Year' in 15th Annual Turnaround Atlas Awards

Retrieved on: 
金曜日, 8月 4, 2023

NEW YORK, Aug. 4, 2023 /PRNewswire/ -- Global M&A Network has named A&G Real Estate Partners "Real Estate Restructuring Firm of the Year" as part of its 15th Annual Turnaround Atlas Awards—the latest recognition of A&G's national role as a provider of portfolio-optimization strategy, lease-restructuring and real estate sales.

Key Points: 
  • Graiser and A&G Co-President Emilio Amendola received the awards during Global M&A Network's gala event at The Metropolitan Club of New York.
  • "We're honored once again to receive industry recognition for our work in real estate restructuring," Graiser said.
  • A&G continues to be on the front lines of lease restructuring, lease disposition and portfolio-optimization across all sectors of real estate.
  • Along with the 2023 award, Global M&A Network named A&G "Real Estate Restructuring Firm of the Year" in 2019, 2020, 2021 and 2022.

EPR Properties Announces Comprehensive Restructuring Agreement and Master Lease with Regal Cinemas; Management to Host Conference Call

Retrieved on: 
水曜日, 6月 28, 2023

EPR Properties (NYSE:EPR) (the “Company”) today announced that it has entered into a comprehensive restructuring agreement with Regal Cinemas and certain of its subsidiaries (collectively, “Regal”) anchored by a new master lease (“Master Lease”) for 41 of the 57 properties currently leased to Regal (“Master Lease Properties”).

Key Points: 
  • EPR Properties (NYSE:EPR) (the “Company”) today announced that it has entered into a comprehensive restructuring agreement with Regal Cinemas and certain of its subsidiaries (collectively, “Regal”) anchored by a new master lease (“Master Lease”) for 41 of the 57 properties currently leased to Regal (“Master Lease Properties”).
  • Regal revenues on the 41 Master Lease Properties exceeded $220 million in 2022 as North American Box Office Gross (“NABOG”) totaled $7.4 billion.
  • Pursuant to management agreements, Cinemark (NYSE:CNK) will operate four of the Surrendered Properties and Phoenix Theatres will operate one.
  • Management will host a conference call to discuss the Company's restructuring agreement with Regal and related matters on June 28, 2023 at 5:00 p.m. Eastern Time.