Cinemark Theatres
Cinemark Holdings, Inc. (stylized as CineMark from 1998 to 2022 and CINEMARK since 2022) is an American movie theater chain that started operations in 1984 and since then it has operated theaters with hundreds of locations throughout the Americas. It is headquartered in Plano, Texas, in the Dallas–Fort Worth area. Cinemark is a leader in the theatrical exhibition industry with 521 theatres and 5,855 screens in the U.S. and Latin America as of June 30, 2022. It is also the largest movie theatre chain in Brazil, with a 30 percent market share.
| Company type | Public |
|---|---|
| ISIN | US17243V1026 |
| Founded | February 6, 1984 |
| Founder | Lee Roy Mitchell |
| Headquarters | , United States |
Number of locations | 516 (March 2023) |
Key people | |
| Brands |
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| Revenue | US$2.45 billion (2022) |
| −US$90 million (2022) | |
| −US$268 million (2022) | |
| Total assets | US$4.82 billion (2022) |
| Total equity | US$120 million (2022) |
Number of employees | c. 18,100 (2022) |
| Subsidiaries | |
| Website | cinemark |
| Footnotes / references | |
Cinemark operates theaters under several brands, including its flagship Cinemark, Century Theatres, Tinseltown, CinéArts and Rave Cinemas.
In May 2021, Cinemark struck agreements to show films from some of its major Hollywood studio partners, including Warner Bros., Walt Disney Studios, Paramount, and Sony Pictures. The goal of the move is to establish how long movies will play in theaters before being available for home video.