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Cinemark Announces Executive Leadership Transition Plan

Retrieved on: 
Wednesday, July 28, 2021

Zoradi will work closely with Gamble and the executive leadership team over the course of the next five months to ensure a smooth transition.

Key Points: 
  • Zoradi will work closely with Gamble and the executive leadership team over the course of the next five months to ensure a smooth transition.
  • Mark Zoradi (right) announces retirement from Cinemark at the end of the year and Sean Gamble (left) is named as successor to CEO.
  • (Photo: Cinemark)
    Gamble is a long-term industry executive with a deep understanding of the broad media and entertainment environment having served as Executive Vice President and CFO of Universal Pictures prior to joining Cinemark.
  • As part of the executive leadership transition, Cinemark also announced the promotion of three executives:
    Wanda Gierhart Fearing has been promoted to Chief Marketing and Content Officer.

AMC Entertainment Holdings, Inc. Reaches Agreement to Reopen The Grove Theatre and The Americana at Brand Theatre in the Los Angeles Area

Retrieved on: 
Monday, July 19, 2021

AMC Entertainment Holdings, Inc. (NYSE: AMC) (AMC or the Company), announced today that it has reached an agreement with Caruso, a privately owned, industry-renowned real estate company, to add under long term lease two Los Angeles area locations: The Grove Theatre, a 14-screen theatre located in Los Angeles and The Americana at Brand Theatre, an 18-screen theatre located in Glendale.

Key Points: 
  • AMC Entertainment Holdings, Inc. (NYSE: AMC) (AMC or the Company), announced today that it has reached an agreement with Caruso, a privately owned, industry-renowned real estate company, to add under long term lease two Los Angeles area locations: The Grove Theatre, a 14-screen theatre located in Los Angeles and The Americana at Brand Theatre, an 18-screen theatre located in Glendale.
  • In full calendar year 2018, The Grove Theatre was the second highest grossing movie theatre and The Americana at Brand Theatre was the fifth highest grossing movie theatre in the Los Angeles area.
  • In the coming months, AMC will significantly enhance the premium movie-going options by renovating three auditoriums and introducing three premium large format screens at each theatre.
  • An IMAX at AMC, Dolby Cinema at AMC and PRIME at AMC all will be offered at The Grove and also all will be offered at The Americana at Brand theatres.

IMAX Corporation To Announce Second-Quarter 2021 Financial Results And Host Conference Call

Retrieved on: 
Tuesday, July 6, 2021

NEW YORK, July 6, 2021 /PRNewswire/ -- IMAX Corporation (NYSE:IMAX) today announced it will hold a quarterly conference call to discuss its second-quarter 2021 financial results on Tuesday, July 27, at 4:30 p.m. Eastern Time.

Key Points: 
  • NEW YORK, July 6, 2021 /PRNewswire/ -- IMAX Corporation (NYSE:IMAX) today announced it will hold a quarterly conference call to discuss its second-quarter 2021 financial results on Tuesday, July 27, at 4:30 p.m. Eastern Time.
  • To access the call via telephone, interested parties in the US and Canada should dial (800) 437-2398 approximately 5 to 10 minutes before the call begins.
  • IMAX is headquartered in New York, Toronto,and Los Angeles, with additional offices in London, Dublin, Tokyo, and Shanghai.
  • As ofMarch 31, 2021,there were 1,652 IMAX theater systems (1,567commercial multiplexes, 12commercial destinations,73institutional) operating in 84countries and territories.Shares of IMAX ChinaHolding, Inc., a subsidiary of IMAX Corporation, tradeon the Hong Kong Stock Exchange under the stock code "1970."

New Release Date Set For Enormous: The Gorge Story In Theaters Nationwide July 21 For One Night Only

Retrieved on: 
Wednesday, June 23, 2021

In celebration of movie theaters reopening, and live music returning to The Gorge Amphitheatre in Washington, Trafalgar Releasing has announced a new theatrical release date for Enormous: The Gorge Story .

Key Points: 
  • In celebration of movie theaters reopening, and live music returning to The Gorge Amphitheatre in Washington, Trafalgar Releasing has announced a new theatrical release date for Enormous: The Gorge Story .
  • Thesestories reveal how the venue launched careers and changed livesforever, while"The Gorge," ascended to become a Billboard, Pollstar,and ACM winning music venue.
  • Enormous: The Gorge Storywill be screened in theaters nationwide July 21, 2021 (with additional screenings in select locations).
  • Enormous: The Gorge Story is his debut role as Producer of a feature film.

Cinemark Invites Moviegoers to Celebrate the Magic of Moviegoing During First-Ever Cinema Week from June 22 through June 27

Retrieved on: 
Tuesday, June 15, 2021

Throughout Cinema Week, all Cinemark moviegoers across the U.S. can enjoy deals on movie tickets, upgrades, sweepstakes and more.

Key Points: 
  • Throughout Cinema Week, all Cinemark moviegoers across the U.S. can enjoy deals on movie tickets, upgrades, sweepstakes and more.
  • During Cinema Week, Cinemark is partnering with Warner Bros. Pictures to give away Private Watch Parties for the upcoming film Space Jam: A New Legacy.
  • In select markets, Cinemark will take the Cinema Week celebration to the next level with in-theatre activations and giveaways.
  • All Cinemark theatres boast The Cinemark Standard , greatly enhanced cleanliness, sanitizing and safety measures at every step of the moviegoing experience.

Tanger Outlets Announces Sandeep Mathrani Elected to its Board of Directors

Retrieved on: 
Friday, June 4, 2021

GREENSBORO, N.C., June 4, 2021 /PRNewswire/ --Tanger Factory Outlet Centers, Inc (NYSE: SKT) announced today that Sandeep Mathranihas been elected to its Board of Directors, effective immediately.

Key Points: 
  • GREENSBORO, N.C., June 4, 2021 /PRNewswire/ --Tanger Factory Outlet Centers, Inc (NYSE: SKT) announced today that Sandeep Mathranihas been elected to its Board of Directors, effective immediately.
  • "I am thrilled to welcome Sandeep to the Tanger Board and look forward to working closely with him as we envision the future of Tanger Outlets," said Stephen Yalof, President and Chief Executive Officer.
  • "Mr. Mathrani will further strengthen the talent represented on our Board."
  • "Tanger Outlets has a long-standing reputation as a leader in the public real estate market," said Mr. Mathrani.

Cinemark USA, Inc. Announces Launch of $765 Million Senior Notes Offering

Retrieved on: 
Tuesday, June 1, 2021

Cinemark Holdings, Inc. (NYSE:CNK) announced today that its wholly-owned subsidiary, Cinemark USA, Inc. (Cinemark USA), plans to commence a private offering (the Offering) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the Securities Act), to eligible purchasers of $765 million aggregate principal amount of senior notes due 2028 (the Notes).

Key Points: 
  • Cinemark Holdings, Inc. (NYSE:CNK) announced today that its wholly-owned subsidiary, Cinemark USA, Inc. (Cinemark USA), plans to commence a private offering (the Offering) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the Securities Act), to eligible purchasers of $765 million aggregate principal amount of senior notes due 2028 (the Notes).
  • The Notes will be guaranteed by certain of Cinemark USAs subsidiaries that guarantee, assume or in any other manner become liable with respect to any of Cinemark USAs or any guarantors other debt.
  • The Notes and the guarantees will be Cinemark USAs and the guarantors senior unsecured obligations and will rank equally in right of payment with Cinemark USAs and the guarantors existing and future senior debt.
  • Cinemark USA intends to use the net proceeds of the proposed Offering, together with cash on hand, to redeem all of Cinemark USAs outstanding 4.875% Senior Notes due 2023 and to pay fees and expenses related to the Offering and the redemption.

Tanger Outlets Appoints Steve Dworkin, Steven Silverstein to Real Estate and Leasing Executive Positions

Retrieved on: 
Tuesday, May 25, 2021

GREENSBORO, N.C., May 25, 2021 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT), a leader in the outlet industry, today announced the appointment of Steve Dworkin as Senior Vice President of Real Estate and Steven Silverstein as Assistant Vice President of Leasing.

Key Points: 
  • GREENSBORO, N.C., May 25, 2021 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT), a leader in the outlet industry, today announced the appointment of Steve Dworkin as Senior Vice President of Real Estate and Steven Silverstein as Assistant Vice President of Leasing.
  • In these roles, Dworkin will be responsible for real estate and new development, while Silverstein will oversee leasing strategy and new development.
  • "I am delighted to welcome Steve Dworkin and Steven Silverstein to the team," said Mr. Yalof.
  • "Tanger Outlets has a strong reputation in the industry and was a pioneer in the outlet business," said Dworkin.

Cinemark Summer Movie Clubhouse Celebrates Families with Films and Fun in Theatres

Retrieved on: 
Thursday, May 20, 2021

Movie fans can escape the summer heat and enjoy the immersive, cinematic experience with family and friends at an affordable price.

Key Points: 
  • Movie fans can escape the summer heat and enjoy the immersive, cinematic experience with family and friends at an affordable price.
  • Tickets are on sale now at Cinemark.com , on the Cinemark mobile app and at Cinemark box offices.\n\xe2\x80\x9cCinemark is thrilled to once again work with Sony Pictures to celebrate family-fun entertainment this season with our Summer Movie Clubhouse series,\xe2\x80\x9d said Wanda Gierhart Fearing, Cinemark Global CMO.
  • To complete the experience, moviegoers can enjoy special, dollar-off Summer Movie Clubhouse pricing on all kids\xe2\x80\x99 snack packs, large popcorns and large drinks.
  • All Cinemark theatres boast The Cinemark Standard , greatly enhanced cleanliness, sanitizing and safety measures at every step of the moviegoing experience.

PREIT Executes 80,000 Square Foot Fulfillment Center at Cumberland Mall

Retrieved on: 
Thursday, May 13, 2021

b'PHILADELPHIA, May 13, 2021 /PRNewswire/ --PREIT (NYSE: PEI),a leading operator of diverse retail and experiential destinations, today announced that the Company has signed a new lease for a fulfillment center at Cumberland Mall in Vineland, NJ.

Key Points: 
  • b'PHILADELPHIA, May 13, 2021 /PRNewswire/ --PREIT (NYSE: PEI),a leading operator of diverse retail and experiential destinations, today announced that the Company has signed a new lease for a fulfillment center at Cumberland Mall in Vineland, NJ.
  • The approximately 80,000 square foot facility will soon occupy the former Burlington space delivering a new source of non-retail revenue.
  • Forward-looking statements relate to expectations, beliefs, projections, future plans, strategies, anticipated events, trends and other matters that are not historical facts.
  • We do not intend to update or revise any forward-looking statements to reflect new information, future events or otherwise.\n'