UN, SAWA Launch New Global Warning Awareness Campaign

Thu, 03/21/2024 - 09:29 -- Nick Dager

The UN Development Program and SAWA Global Cinema Advertising Association today launched a one-week international cinema advertising campaign across 11 countries, including all Pearl & Dean cinemas in the UK and Ireland. Global cinema audiences will be surprised to see – a special forecast for the year 2050. While the weather format is familiar, the forecasts – anchored by children – are not.

National CineMedia Announces Plans to Repurchase its Stock

Tue, 03/19/2024 - 09:49 -- Nick Dager

National CineMedia today announced that its board of directors has approved a new share repurchase program authorizing the purchase of up to $100 million of the company’s common stock through April 1, 2027. During the course of the program, NCM plans to use operating cash flow distributions from NCM LLC to repurchase shares at prevailing market prices, while continuing to invest capital in growing its advertising network through strategic initiatives.

Independent Canadian Exhibitors Operating at a Loss

Wed, 03/13/2024 - 09:56 -- Nick Dager

A study from the Network of Independent Canadian Exhibitors says that 60 per cent of independent cinema operators surveyed between December and February operated at a loss at the end of their most recent fiscal year. About two-thirds of the 67 respondents reported that they need increased public funding to remain operational. It was estimated that they would need about $50,000 in extra funding annually for three years to close the immediate gaps they face.


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