Theater Trade Group Cinema United Calls on Paramount and California AG to Settle
Cinemark says written commitments on film output and 45-day theatrical windows would protect theaters as the $111 billion deal faces antitrust scrutiny.
7 Articles
7 Articles
Cinemark Joins Regal and AMC in Supporting Paramount-Warner Bros. Merger as Movie Theaters’ Opposition Crumbles
Three’s company. Cinemark has now joined Regal and AMC in supporting Paramount’s planned merger with Warner Bros. Discovery, which means that the world’s three largest exhibitors have all given their blessing to a union that other theater owners fear will leave them with fewer movies to screen. In a blow to the state attorneys general who are holding up the deal, in part because they argue it will hurt exhibitors, Cinemark called for “an expedi…
Theater trade group Cinema United calls on Paramount and California AG to settle
By Dawn Chmielewski LOS ANGELES, Aug 18 (Reuters) - Cinema United, a trade organization representing theater owners, on Tuesday appealed to California Attorney General Rob Bonta and Paramount Skydance to meet and discuss a settlement to an ongoing an...
Cinema United Urges Paramount & California AG To Resolve Lawsuit
As Paramount continues battling state AGs to close merger with Warner Bros Discovery, Cinemark, the nation’s third largest chain, has joined the top two circuits in supporting the $111 billion deal. And exhibition trade org, Cinema United, which has strongly opposed the combination, sent a note to Paramount CEO David Ellison and California AG Rob Bonta, urging them to break bread. “We are writing to you in our capacity as the leadership of Cin…
Cinemark Endorses Paramount-Warner Merger, Cinema United Calls for Settlement as Theater Execs Change Course
In a major shift, movie theater trade organization Cinema United has sent a letter to California Attorney General Rob Bonta and Paramount Skydance leadership urging a settlement of the states’ lawsuit seeking to block the studio’s acquisition of Warner Bros. Discovery after Cinemark joined AMC and Regal in publicly supporting the merger. On Tuesday, Cinemark released a letter that echoed the sentiments made by Regal CEO Eduardo Acuna, noting the…
Cinemark Joins AMC Theatres and Regal in Supporting Paramount-Warner Bros. Discovery Merger
Cinemark has endorsed the Paramount and Warner Bros. Discovery merger, meaning all three of the country’s major movie theater chains are backing the $111 billion deal. “The enduring success of our industry requires a healthy theatrical ecosystem supported by financially sound studios and exhibitors that can effectively create, distribute and exhibit high-quality films to consumers around the world,” Cinemark said in a lengthy statement. “We jo…
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