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Cinemark Joins AMC Theatres and Regal in Supporting Paramount-Warner Bros. Discovery Merger

First publishedAug 18, 18:00 UTC
Last updatedAug 18, 20:02 UTC · just now ago
11 outletVariety
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Cinemark Joins AMC Theatres and Regal in Supporting Paramount-Warner Bros. Discovery Merger
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Answer

Cinemark has endorsed the Paramount and Warner Bros. Discovery merger, which means all three of the country’s major movie theater chains are backing the $111 billion deal.

Reported by 1 outlet Variety. See all sources ↓

Cinemark has endorsed the Paramount and Warner Bros. Discovery merger, which means 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 join those who have recently called for an expedited resolution of the proposed Paramount Skydance and Warner Bros.

Read the full report at Variety

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In brief
What's the story?
Cinemark has endorsed the Paramount and Warner Bros. Discovery merger, which means all three of the country’s major movie theater chains are backing the $111 billion deal.
How widely is it covered?
1 outlet, average source rating 6.0/10.
When was it last updated?
just now ago.
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    Cinemark Joins AMC Theatres and Regal in Supporting Paramount-Warner Bros. Discovery Merger

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    Variety
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Avg source rating 6.0/10
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