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Cinemark Theatres

Cinemark Holdings, Inc. (stylized as CineMark from 1998 to 2022 and in all caps 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.[4]

Company type

February 6, 1984 (1984-02-06)

,
United States

501 (December 2023)

  • CinéArts
  • Cinemark
  • Cinemark XD

Increase US$3.07 billion (2023)

Increase US$363 million (2023)

Increase US$192 million (2023)

Increase US$4.84 billion (2023)

Increase US$310 million (2023)

c. 17,500 (2023)

Cinemark operates theaters under several brands, including its flagship Cinemark, Century Theatres, Tinseltown, CinéArts and Rave Cinemas.[5]


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.[6] The goal of the move is to establish how long movies will play in theaters before being available for home video.[7]

Political causes[edit]

In 2008, CEO Alan Stock donated US$9,999 toward the successful passage of California's Proposition 8, an initiative restricting the definition of marriage to opposite-sex couples and overturning the California Supreme Court's ruling that same-sex couples have a constitutional right to marry. An ensuing campaign, launched by opponents to the Prop 8 passage, encouraged patrons to see showings of the film Milk, based on the life of gay-rights activist Harvey Milk, at a competing theater in protest instead of at Cinemark showings.[38] Others called for a more general boycott.[39]

Theater chains acquired[edit]

Century Theatres acquisition[edit]

On August 8, 2006, Cinemark purchased Century Theatres with a combination of cash and stock bonds.[40][41] This acquisition added over 80 theatres and many more screens. Some of these theatres were subsequently shut down either being phased out as under performing or replaced with new complexes. The transaction was completed on October 5, 2006. With this purchase, Cinemark heavily strengthened their presence in Northern California and entered Alaska, Nevada, South Dakota, and Washington state, though at the transaction both of their locations in Washington state were still under construction. However, Cinemark retains the Century banner and continues to open new locations under that banner.

Muvico Theaters purchases[edit]

In 2009, in order to save the company from a potential bankruptcy, Muvico Theaters sold four theatres to Cinemark: Arundel Mills Egyptian 24 in Hanover, Maryland; Paradise 24 in Pembroke Pines, Florida; Palace 20 in Boca Raton, Florida; and Boynton Beach 14 in Boynton Beach, Florida.[42][43] Muvico was bought by another theater chain (Carmike Cinemas) in 2013,[44] which was bought by yet another (AMC Theatres) in 2016.[45]

Rave Cinemas purchase[edit]

In November 2012, Cinemark announced it was acquiring Rave Cinemas, the Dallas, Texas–based chain that operates the former Bridge theater with IMAX in Culver City, California for US$240 million. The deal included 32 theaters located in 12 US states, representing 483 screens. Tim Warner, Cinemark's CEO said in a statement "The acquisition of these high quality assets will further enhance Cinemark's diversified domestic footprint, including the expansion of our presence in the New England market".[46] The sale was closed on May 29, 2013, but Cinemark was required to sell the Rave Stonybrook 20 + IMAX theater in Louisville, Kentucky, the Rave Ritz Center 16 in southern New Jersey, and either the Rave Hickory Creek 16 in Hickory Creek, Texas or the Cinemark 14 in Denton, Texas. In addition, Cinemark's chairman Lee Roy Mitchell was also required to sell the Movie Tavern Inc. to Southern Theatres.[47] On July 18, 2013, Cinemark found a buyer, Carmike Cinemas, for the Stonybrook 20 & IMAX, Rave Ritz Center 16, and the Rave Hickory Creek 16. With this change, National CineMedia has been replaced with Screenvision at the Stonybrook 20 and Ritz Center 16. Screenvision is already at Hickory Creek, Texas at the time of the announcement of the sale.[48] The sale was closed on August 16, 2013.[49] On September 12, 2013, Southern Theatres announced that they acquired The Movie Tavern from Lee Roy Mitchell after he was required to sell The Movie Tavern after Cinemark bought Rave Cinemas on May 29, 2013. In 2018, Southern sold the Movie Tavern chain to the Marcus Corporation. As part of Southern Theatres' long-term deal with National CineMedia, The Movie Tavern switched from Screenvision to National CineMedia in June 2014. Also, Cinemark purchased Rave Cinemas Baldwin Hills Crenshaw 15, in Los Angeles, in June 2014.[50]

AMC Theatres

Regal Cinemas

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