Cinemark’s Post

The decision by Cineplex to introduce dynamic pricing during the #barbenheimer opening weekend is a fascinating example of a hurdle that many service-based businesses face. Dynamic pricing has been the norm in the airline and hotel industries for years, but consumers still have a difficult time accepting variable admission fees for movie theatres or amusement parks. Have a read and share your thoughts! #revenuemanagement #revenuestrategy #dynamicpricing #pricingstrategy

Cinemark Q1 2024 Results: “During the quarter, our sensational team once again demonstrated their skillful ability to navigate a dynamic operating environment, delivering results that outpaced the market. As we look ahead, encouraging indicators pertaining to consumer moviegoing patterns, film volume recovery, and strength of content appeal continue to provide a positive long-term outlook for our industry. Moreover, we believe Cinemark is uniquely positioned to thrive on account of our advantaged competitive strengths and numerous levers to drive value creation,” Sean Gamble, #Cinemark’s President and CEO. #Cinema Industry Benchmark. Key highlights: Entertained 40 million moviegoers; Sustained market share growth versus FY 2019; Generated Adjusted EBITDA of $71 million / 12.2%; Maintained a cash balance of $789 million at quarter-end after redeeming the remaining $150 million of COVID-related 8.75% senior secured notes a year in advance on on May 1. #leisurepropertyESS

Gone are the days when a trip to the cinema was solely about the film on the screen. Today, cinema companies are stepping up their game, competing to provide guests with unforgettable experiences. Whether it's a journey back in time to the luxury and exclusivity offered by venues like Everyman and Picturehouse, or cutting-edge in-cinema experiences such as Cineworld's 4dx and Showcase's XPLUS screenings, the choice is abundant for moviegoers. This evolution in cinema experiences isn't just reshaping the way we watch movies; it's also transforming promotional strategies. With a diverse array of offerings, brands now have the opportunity to tailor promotional campaigns to cater to different preferences. Instead of solely focusing on ticket sales, campaigns can highlight VIP experiences, exclusive screenings, annual unlimited entry passes, gourmet food and beverage options, and much more. The result? A plethora of choices and unprecedented levels of personalisation for promotional campaigns, enriching the experience for both brands and consumers alike. Embrace the future of cinema promotions and stay tuned for even more exciting developments in the world of entertainment! #CinemaPromotions

Cinema's Unknown best sellers. Digital box office screens and Promotional Screens are the unsung heroes of Cinema Digital Signage. Did you know that these screens have the capability to pull pricing directly from the Point of Sale system? Making day parting and price changes a breeze for cinema operators. Promotional Screens can be strategically placed in multiple key spots to drive sales of the promoted item. Next time you're at the movies, take a moment to appreciate the technology behind the scenes that enhances your movie-going experience. From the convenience of digital ticketing to the targeted promotions on screen, these digital displays play a crucial role making each cinema experience Magical. * * * Interested in what more Cinemas do? https://hubs.la/Q02tmG6d0 PPDS USA, Showcase Cinemas #CinemaTechnology #DigitalSignage #MovieMagic #BoxOffice #PromotionalScreens #MovieGoers #InnovationInFilm 🎥🌟

Things that make me laugh: "Going to the cinema still offers an unmatched immersive experience to movie lovers, which cannot be replicated at home." https://lnkd.in/dR_fC8D8 If you have ever wondered about the quality of the home cinemas that we are designing and building, I can guarantee you that they far exceed the experience of any commercial cinema in South Africa. This is before we begin to consider the comfort of being at home, your choice of movies available, snacks, drinks and generally not being distracted by other factors in the cinema. oh.. & I can guarantee you that we are designing and building far more immersive home cinemas than the commercial cinemas in South Africa.

Cinema business has gone through it’s biggest challenges in a post pandemic world. How did cinema chains like GSC movies steered through those challenging times to make this business future proof? Catch me in conversation with the COO of GSC Movies, Malaysia YK Tung and associate senior manager aquisitions and co-productions Rahmat Adam in a very engaging conversation this Thursday on What’s Stew-ing? #CreatedbyCreativeStew #CreativeStewOriginal #ACreativeStewInitiative

Did you know there are two cinemas at Battersea Power Station? This post explains the difference between the two. https://lnkd.in/eFMJxmD8

OTT VS Theatre – Pros, Cons, and the Changing Entertainment Landscape The battle between Over-The-Top (OTT) platforms and traditional movie theatres has been raging for years, with each offering a unique set of advantages and disadvantages to viewers and creators alike. As technology evolves and consumer preferences shift, it’s crucial to understand the pros and cons of both mediums. Read more : https://lnkd.in/d7HhUudE

Thriving in the Shadows of Giants: A Fresh Strategy for Independent Cinemas, Chapter 6: Implementing a rigorous curation process

Today, “Fathom Events” stands as a recognized leader in the entertainment industry, ranking as the 11th largest distributor of content to movie theaters in North America. Read more 👉 https://lttr.ai/AIIQO #brandpositioning #brandresearch #newbrandname #brandrefresh #rebranding #GroundbreakingCinemaEntertainment #Craniumagency #Brandstrategy #craniumagency #brandstrategy