J. Sperling Reich, Author at Celluloid Junkie

By sperling

AMC & Cinemark Report First Quarter 2023 Earnings

AMC and Cinemark Reflect Industry-Wide Post-Pandemic Financial Recovery With Strong First Quarter Earnings

Just one week after CinemaCon 2023 gave the exhibition business a much needed jolt of optimism, the good news keeps on rolling in for the industry thanks to a number of corporate earnings reports. As cinema operators returned from the annual conference in Las Vegas, premium large format (PLF) leader…

Adam Aron - CEO, AMC Theatres

The CJ & Boxoffice Interview: AMC Theatres CEO Adam Aron

Few of the C-suite executives running movie theaters these days have been as omnipresent as Adam Aron, the CEO of AMC Theatres. While navigating the world’s largest cinema chain through the Covid pandemic, Aron’s public profile only managed to grow, even at a time when most of his company’s theater…

Caesars Colosseum Hosts CinemaCon

Converting the Colosseum at Caesars Palace for CinemaCon

In 2010, when the National Association of Theatre Owners (NATO) decided to rebrand and move its annual convention (then called ShoWest) from its previous home at Paris and Ballys Hotel in Las Vegas across the street to Caesars Palace they had to come up with solutions for a number of tricky logistic…

Cineworld

How Cineworld Hopes to Restructure and Exit Bankruptcy

This past week Cineworld announced it had reached an agreement with existing lenders to emerge from Chapter 11 bankruptcy by the middle of this year while providing the company with significant operating capital to execute future business. The world’s second largest movie theatre operator made…

2023 Sundance Film Festival Acquisitions

The Deal With Sundance 2023 Acquisitions

Each year the annual film sales and acquisitions cycle is kicked off in January by the Sundance Film Festival in Park City, Utah, followed swiftly by the Berlin Film Festival (Berlinale) and its accompanying European Film Market in February. Sundance itself has long been used as a barometer for the…

Cineworld Proposes Bankruptcy Schedule

Cineworld Proposes Schedule For Exiting Bankruptcy Through Reorganization or Sale

Cineworld’s legal team gave the United States Bankruptcy Court for the Southern District of Texas a status update for its Chapter 11 case on Tuesday, 21 February. In the process, the exhibitor provided Judge Marvin Isgur with a proposed schedule that would see the company either sold or exitin…

Wim Buyens, CEO of Cinionic

Cinionic’s Wim Buyens Sheds Some Light on Laser Projection

Even with onerous pandemic travel restrictions preventing the cinema industry from convening at trade shows for the better part of two years, Wim Buyens, the CEO of Cinionic, always managed to attend what few gatherings actually took place. He was one of the very few European executives to attend Ci…

Sightline at AMC

CJ Analysis: AMC Sets Sights On Higher Movie Ticket Prices

I have a brother-in-law who spent 25 years working at Starbucks. He is forever complaining to me that, though he left the coffee company more than a decade ago, he still receives a flood of phone calls every time Starbucks makes some change that upsets a majority of its customer base. Whether it…

Cineworld Negotiating Bankruptcy Reorganization With Lenders While Also Pursing Sale

Cineworld was back in United States Bankruptcy Court for the Southern District of Texas on 8 February to update Judge Marvin Isgur on the status of their ongoing bankruptcy case. Lawyers for the United Kingdom-based company provided an overview of current operations, a potential reorganization plan,…

Regal Union Square Stadium 14 in New York City

Cineworld To Close 39 Additional Regal Theatre Locations

In a filing earlier this week relating to their ongoing Chapter 11 bankruptcy proceedings, Cineworld asked the United States Bankruptcy Court for the Southern District of Texas for permission to abandon 39 of its leases for Regal theatre locations in the United States. This is the fifth time Cinewor…

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