|Bid||212.60 x 0|
|Ask||212.80 x 0|
|Day's Range||210.70 - 214.50|
|52 Week Range||190.70 - 322.30|
|Beta (3Y Monthly)||0.65|
|PE Ratio (TTM)||10.68|
|Earnings Date||Aug 8, 2019|
|Forward Dividend & Yield||0.17 (7.83%)|
|1y Target Est||4.36|
Despite protests from Hollywood, cinema heavyweights Regal Cinemas and Cinemark Theatres are introducing more advertisements before and after their film showings. Yahoo Finance's Jennifer Rogers, Myles Udland, and Melody Hahm discuss whether this could hurt theaters – and your movie-going experience.
Readers hoping to buy Cineworld Group plc (LON:CINE) for its dividend will need to make their move shortly, as the...
European stocks on Tuesday recovered some of the ground lost in the prior session, with gains tentative on continuing worries about trade tensions.
In 2018, that was to UK-US group Cineworld's benefit, with Black Panther (pictured) and Incredibles 2 enough to persuade punters to ditch their Netflix and head to the movie theatre instead. 2019's movie slate has been less impressive, to judge by Cineworld's results. At its half-year results in August, revenues were down 11 per cent and pre-tax profits 13 per cent lower.
Cineworld blamed the delay of some highly anticipated movies to 2020, including Avatar 2, for a slide in box office admissions that it said would leave full-year revenue below management’s expectations. The company — the world’s second-largest cinema group by number of screens — on Tuesday said that box office revenue fell 13 per cent in 11 months to the beginning of December, with overall revenue down 10 per cent. “Despite the challenging backdrop, Cineworld has continued to execute well and our strategy of focusing on optimising customer experience remains unchanged,” said Mooky Greidinger, Cineworld chief executive.
Superheroes, sequels and CGI; the past year’s list of box office hits is a repeat of the previous one. Punters may not be flocking to Cineworld but short sellers are: nearly one-fifth of shares are loaned to them. There is little respite from the US, where Cineworld paid $3.6bn for Regal Entertainment last year.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Cineworld UK Holdco Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
(Bloomberg) -- Amazon.com Inc. is preparing to open Amazon Go supermarkets and pop-up stores, an expansion of the company’s cashierless ambitions that includes the possibility of licensing the technology to other retailers.The new store formats and licensing initiative could launch as soon as the first quarter of 2020, according to a person familiar with the project. Amazon is testing a supermarket equipped with Go technology in a 10,400-square-foot retail space in Seattle’s Capitol Hill neighborhood.The Go expansion is the e-commerce giant’s latest attempt to compete in the $900 billion U.S. grocery industry and perhaps other areas of retail, as well. The company already operates the Whole Foods Market chain and last week confirmed plans to launch a separate supermarket brand, starting with a location in the upscale Woodland Hills neighborhood of Los Angeles. Those stores will have human cashiers. The previously unreported plan to expand Go revives Amazon’s original vision of creating full-size grocery stores without checkout lines. Amazon opened the first Go convenience store at its Seattle headquarters almost two years ago and now operates 21 locations around the U.S. It’s not clear how much money the company has lavished on the project, but some of the 1,000 or so people working on it were recently told their cumulative salaries have totaled more than $1 billion since the project got underway in 2012, the person said.Customers have praised the Go stores as technical marvels. But retail analysts have wondered whether the low margins at a typical corner store chain would offset the costs of the Go technology, a complicated array of cameras and software that figures out what shoppers have grabbed and automatically charges them when they exit. The Go team, which recently folded previously separate hardware groups and engineering support staff into a new entity called Physical Retail Technologies, has spent the past two years streamlining the technology. The efforts were aimed at making the existing Amazon Go stores more profitable and the guts of the system cheap enough to entice other retailers, said the person, who requested anonymity to discuss an internal project.Amazon declined to comment. People familiar with the program estimate that Amazon spent millions of dollars on the cameras, networking gear and servers in the first store alone. Newer versions of Go’s hardware feature fewer backroom servers and more efficient cameras, software and networking capabilities, substantially cutting the cost of setting up a new store, the person said.Amazon had originally envisioned a larger Go supermarket before abandoning the concept in favor of simpler, smaller convenience stores. Most Go locations are close to 2,000 square feet and stock grab-and-go staples—cold drinks, packaged sandwiches, salads—and a smaller selection of such household items as cold medicine and phone chargers.Now, having improved the technology, the company is getting closer to its original ambition. Amazon aims to support stores as large as 30,000 square feet, the size of a typical modern supermarket. At the Capitol Hill space in Seattle, engineers are stress-testing the camera arrays with large groups of people, the person said. (Amazon confirmed to technology news site GeekWire last month that the Go team was running tests at the site.)The Go teams are also working on a sort of pop-up kiosk, a self-contained, miniature version of an Amazon Go, designed for faster setup than equipping leased retail space with all of Go’s hardware. Potential users include malls and sports stadiums, the person said.The Information reported in September that Amazon Go’s operating losses had widened as the program expanded, to a projected $41 million to $58 million in 2020, and that store openings had fallen short of Amazon’s earlier projections. The technology news site also said the company was planning other store formats, including the Capitol Hill grocery location, and had considered launching more of a smaller Go model launched in 2018 inside an Amazon office building in Seattle.CNBC, which reported in September that Amazon was exploring licensing the technology behind Go, said the company had held talks with airport concessions operator OTG’s CIBO Express brand, and Cineworld Group PLC’s Regal movie theater chain. The person said both chains were prospective customers. OTG declined to comment. Regal didn’t respond to requests for comment.Related: Read More from CheckoutAmazon hasn’t settled on a licensing business model. Options under consideration vary by industry and include charging an upfront fee for use of the system or a percentage of total sales of a Go-equipped store, the person said.Amazon is famous for trying many things out—including separate supermarket chains with and without cashiers—so some analysts have viewed Amazon Go as an expensive retail experiment. Now, it’s clearer that Amazon is serious about mainstreaming the technology.“The big question isn’t will the tech work—Amazon will make it work,” says Brendan Witcher, who tracks retail and consumer behavior at Forrester Research. “The question will be, ‘Will it work for a consumer, will they see this way of shopping as valuable?’” (Updates with report from The Information on Amazon Go operating losses and store format plans. )To contact the author of this story: Matt Day in Seattle at email@example.comTo contact the editor responsible for this story: Robin Ajello at firstname.lastname@example.org, Andrew MartinFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
The Event Pays Tribute to the Beloved Television Comedy by Screening Fan-Favorite Episodes Over Two Days This November DENVER , Oct. 31, 2019 /PRNewswire/ -- Fathom Events continues its celebration of ...
DENVER, Oct. 23, 2019 /PRNewswire/ -- GKIDS, the acclaimed distributor of multiple Academy Award®-nominated animated features, and Fathom Events, the leading distributor of event cinema, will continue their partnership into 2020, bringing "Weathering With You" to U.S. audiences nationwide for Special Fan Preview screenings over two nights only. "Weathering With You" is the newest release from director Makoto Shinkai, and producer Genki Kawamura, whose previous film "Your Name" set box office records in Japan and around the world ($360 million worldwide box office), and is currently receiving a major studio live-action remake from JJ Abrams.
Fathom Events, Golden Boy, Main Events and Krusher Promotions Present Championship Fight Live from the MGM Grand Garden Arena in Las Vegas DENVER , Oct. 23, 2019 /PRNewswire/ -- On Saturday, November 2 ...
DENVER, Oct. 15, 2019 /PRNewswire/ -- By all accounts, it was a movie that beat all odds: Surviving a set fire, the loss of a powerful director, and a studio that didn't understand what it had, "Galaxy Quest" turned into a pop-culture phenomenon that would "never give up, never surrender." As the cult classic nears its 20th anniversary – premiering on December 25, 1999 – "Never Surrender: A Galaxy Quest Documentary" explores how the science-fiction comedy became an enduring fan favorite, a movie that helped launch the sci-fi- and fantasy-driven movie and TV industry that dominates global entertainment today. On November 26 only, Fathom Events and Fandom present the theatrical premiere of "Never Surrender: A Galaxy Quest Documentary," which includes exclusive behind-the-scenes footage and a 10-minute introduction featuring the cast members of ScreenJunkies.
DENVER, Oct. 8, 2019 /PRNewswire/ -- On November 19, Fathom Events and Meteor 17 will launch an exclusive, one-night global theatrical release of "Lionel Richie at Glastonbury," the filmed version of veteran singer-songwriter Lionel Richie's iconic Glastonbury Festival performance. In 2015, Richie performed for nearly 200,000 fans during the U.K. festival's distinguished Sunday teatime slot, reserved for music legends.
DENVER, Oct. 8, 2019 /PRNewswire/ -- On the heels of a successful festival run, the acclaimed documentary "Skid Row Marathon" will debut nationwide for a one-day event on October 14 at 7:00 p.m. local time via Fathom participating theaters. The film follows Los Angeles criminal court judge Craig Mitchell who starts a running club on LA's notorious Skid Row and begins training ex-criminals and people recovering from homelessness and addiction to run marathons as they fight to transform their lives. Mitchell started the running club in 2012 as a way to help the homeless problem in Los Angeles as a complement to The Midnight Mission shelter's programs.
Will Smith says that Ang Lee, the director of his new movie "Gemini Man," gives consumers a reason to get off their couches and into movie theaters.
DENVER, Sept. 25, 2019 /PRNewswire/ -- From the four repeating notes of its theme music to its unforgettable tales of the supernatural and the surreal, few television series have reshaped the medium as much as Rod Serling's "The Twilight Zone." On November 14, Fathom Events and CBS Home Entertainment celebrate the series' 60th anniversary with a one-night-only event exclusively in cinemas nationwide. "The Twilight Zone: A 60th Anniversary Celebration" will combine digitally restored versions of six quintessential episodes with an all-new documentary short titled "Remembering Rod Serling" about the life, imagination and creativity of creator Serling, whose thought-provoking introductions continue to mesmerize fans.
DENVER, Sept. 23, 2019 /PRNewswire/ -- On November 7, Fathom Events will bring the legendary southern rock band Lynyrd Skynyrd to cinemas around the country with the exclusive theatrical release of their farewell concert performance. The concert film, directed by multi award-winning director Shaun Silva and Tacklebox Films, will feature their 2018 hometown stadium performance from the "Last of the Street Survivors Farewell Tour" at TIAA Bank Field (Home of the Jacksonville Jaguars) in Jacksonville, Florida, as well as an intimate interview with the band about their experiences on tour and what performing together has meant to them.
DENVER, Sept. 13, 2019 /PRNewswire/ -- On the heels of the successful world premiere of Bruce Springsteen's "Western Stars" at the Toronto International Film Festival, Fathom Events announces that it will bring music legend Bruce Springsteen to cinemas across America in an exclusive two-night theatrical release of "Western Stars." The Fathom screenings, which will be held on October 19 and 23, will also feature an exclusive look behind the scenes with Springsteen, including never-before-seen archival footage and previously unreleased music from the Springsteen vault.
Fathom Events to Bring the Thrills and Wonder of Cirque du Soleil to Cinemas Across the Country for a One-Night Event this Fall DENVER , Sept. 10, 2019 /PRNewswire/ -- Cirque du Soleil continues its partnership ...
Moviegoers Can Discover the Story of Dignity, Determination and Compassion That Has Audiences Standing Up and Cheering at Film Festivals Around the World Tickets on Sale Now DENVER , Sept. 5, 2019 /PRNewswire/ ...