Mark Zoradi has been named CEO of Cinemark. Registration on or use of this site constitutes acceptance of our User Agreement, Privacy Policy and Cookie Statement, and Your California Privacy Rights (each updated 1/1/20). In Western Massachusetts, independent theaters including Tower Theaters in South Hadley and Amherst Cinemas have temporarily closed because of concerns over the spread of COVID-19.


The three represent the largest theater chains in the United States.
Subscribe to Deadline Breaking News Alerts and keep your inbox happy. Community Rules apply to all content you upload or otherwise submit to this site. Launch dates for broadcast, cable and streaming programs, Up-to-date lists for broadcast, cable and streaming series, Pandemic-proof vs. pandemic-contingent broadcast lineups, Signup for Breaking News Alerts & Newsletters, Get our latest storiesin the feed of your favorite networks. Mr. Zoradi spent 30 years at The Walt Disney Company, most recently serving as … He will take over the nation’s third-largest theater chain on Aug. 24, succeeding Tim Warner , who will become Cinemark’s executive vice chairman.

Sign up for free text messages about important updates on coronavirus in Massachusetts. Extending the expiration date for all Cinemark Movie Rewards points to June 30. The decision by the Texas-based exhibitor comes a day after rivals AMC and Regal decided to close their entire chains until further notice. Warner Bros. with Scoob!, Focus Features with The High Note, Uni with The King of Staten Island, and Paramount/MRC with The Lovebirds on Netflix, among others.

Copyright © 2020 Penske Business Media, LLC. Pausing Movie Club membership fees while theaters are closed. The question about theatrical windows was raised this morning, given all the noise that Universal has made about their $100M-grossing PVOD rental of originally planned DreamWorks Animation event pic Trolls World Tour. ‘Tenet’ Tops $300M Global; China’s National Day Pics Lead 2020 WW Openers & Set IMAX Records – International Box Office, ‘Monster Hunter’ Officially Dated Stateside For December; ‘Escape Room 2’ Flees To 2021 – Update, ‘Gossip Girl’: Model & Skateboarder Evan Mock Joins HBO Max Series Reboot, Cinemark Planning To Stay Open In Wake Of Cineworld & Regal’s Temporary Closure, Returns To White House After Hospital Stay; Doctor Says POTUS In “Uncharted Territory’ With COVID-19, ‘Dune’ Drifts Away From Dec. To Fall 2021; ‘Batman’ Heads To 2022 & Other DC Moves, New Line Hits ‘Super High’, Hot Package Starring Craig Robinson, Andy Samberg & Common, Netflix Taps Out ‘GLOW’ As COVID Claims Final Season; ‘Teenage Bounty Hunters’ Also Ends. Universal first made that title available in homes over Easter weekend, April 10-12, in addition to the handful of drive-ins that were open around the nation. Online purchases will be automatically refunded, while tickets purchased at a Cinemark box office can be refunded by filling out a request at, Baystate Health leadership advises public to be prudent, but don’t panic over COVID-19, Coronavirus closures of Springfield city buildings called ‘abundance of caution, Baystate Medical Center seeks to offer COVID-19 testing with same-day results. Send us a tip using our annonymous form. For the most part, exhibition isn’t bothered when studios take titles with less commercial potential, and make them available in the home on their streaming services or PVOD. Cinemark, which operates 344 cinemas nationwide including three in Western Massachusetts, will close its theaters Wednesday as a result of the coronavirus pandemic. Cinemark CEO Mark Zoradi on Wednesday predicted it will take up to four months for shuttered cinema screens to fully reopen as the COVID-19 crisis recedes, likely starting July 1. All Rights reserved. We’re unique there.”, ‘Tenet’ July 17 Release: Cinemark Boss Says Warner Bros. & Christopher Nolan “Optimistic” Pic Will Stick To That Date. We will continue to support our employees to the best of our abilities as we navigate through this most turbulent time.”. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. Cinemark Holdings, Inc. (NYSE:CNK) Q2 2020 Earnings Conference Call August 4, 2020 8:30 AM ET Company Participants Chanda Brashears – Vice President of Investor Relations Mark Zoradi …

Zoradi emphasized his, along with COO Sean Gamble’s studio experience: “We feel comfortable in that world, (we) know the key players and what it’s like to be in their shoes. All rights reserved (About Us). Agawam Cinemas is offering Curbside To-Go Popcorn for those watching movies at home. We want to hear from you! He did not elaborate on what support employees would receive. While Cinemark CEO Mark Zoradi continued to champion the theatrical window this morning on the chain’s Q1 earnings call, he also told investors and financial analysts that when it comes to smaller and lower-grossing titles, “we’re open to talking with studio partners about alternatives we can consider.”, “I don’t want to give the wrong impression,” Zoradi emphasized, “the 74-day exclusive window is an important one, especially for big blockbusters.”. However, it’s the theatrical-day-and-date and PVOD release of an event film that rubs theater owners the wrong way, and Trolls World Tour for them was an event opportunity that should have remained in theaters, not in the home. Note to readers: if you purchase something through one of our affiliate links we may earn a commission. Given exhibition’s shutdown, a number of studios opted to take their originally planned theatrical releases and make them available in home, i.e. To do this, we have increased the flexibility of our Cinemark Movie Rewards programs...”, Zoradi said Cinemark was aware of the “profound impact the closure of our theatres has on our employees, and it is not a decision we made lightly. Cinemark CEO Mark Zoradi said getting theaters open in California and New York is crucial to the health of exhibition as the second largest U.S. … © 2020 Advance Local Media LLC. Mark Zoradi is Chief Executive Officer at Cinemark Holdings Inc. See Mark Zoradi's compensation, career history, education, & memberships. “We negotiate window and release dates in a business setting as opposed to press settings because we think these are private negotiations,” said Zoradi in an obvious reference to AMC boss Adam Aron’s April 28 public irate letter to Universal’s Donna Langley over the studio’s proposed experimenting with theatrical PVOD releases, in which he exclaimed that his chain wouldn’t book the studio’s upcoming movie. In an email to moviegoers on Tuesday, CEO Mark Zoradi said Cinemark would remain closed “until we believe it is safe to once again welcome moviegoers to our auditoriums.”, “We appreciate your many concerns during these truly unprecedented times, and we want to relieve any uncertainties that you may have about your loyalty membership with Cinemark. While Cinemark CEO Mark Zoradi continued to champion the theatrical window this morning on the chain’s Q1 earnings call, he also told investors and financial analysts that when it … Refund all tickets that were purchased in advance. Mark Zoradi has served as Cinemark’s Chief Executive Officer since August 2015. “We believe the exclusive window is important to the theatrical experience, and are careful about undue change to that,” said Zoradi.