It is possibly/probably a stretch as Spider-Man much bigger following than Dr Strange.
HOWEVER , if this movie does indeed hold as much new stuff in it as rumoured then it does hold the potential to be even bigger as it opens so many new doors.
Sure we will all gladly accept any overperformance here considering the size of such movies.
If these overperform then they really do impact overall industry revenues.
https://deadline.com/2022/04/bullet-train-trailer-new-1235009464/
https://comicbook.com/dc/news/dc-new-aquaman-flash-shazam-black-adam-posters-cinemacon/
https://www.ign.com/articles/the-next-venom-and-ghostbusters-films-officially-announced-at-cinemacon
Sileng, while we have been in a prolonged poor period for the share price it doesn't "drop every day" now does it!?
Removing last two days the share price was and largely has been roughly where it was at the first days trading of this year.
Pretty much what we should expect with little to no news of substance to move the price in either direction in that time.
As more and more articles and actual evidence shows us and the market a theatrical release and then appropriately timed (for each film) streaming release is where everyone sees maximum revenues/benefit :-)
https://comicbook.com/dc/news/the-batman-second-best-first-week-viewership-hbo-max-theatrical-film/
With 2 or more $1bn + movies released in the next few weeks forgive many of us for not selling just yet ;-)
Thanks for your (I am sure) genuine concern for us though :-)
Reppyrr,
What's the point of motivational "news"?
We get upbeat chat on this chat board, but without substance it's less than worthless.
I would rather get Comms that are reflective of reality.
Mooky and board seem to say things as they are, e.g. we need more movies that's a fact we can all see. There has been recovery and at certain times in each market it's been right up there with pre pandemic times, however it has not so far lasted any time as again we don't yet have enough product.
He understands and respects some of what anlystis are saying but does not agree with all of it (that's perfectly reasonable to me).
He has stated he has always been known as a hard worker and yet even as some here say he is past it he notes he has worked "harder than ever" in the last two years.
Let's not pretend these negotiations with both studios and landlords will have been anything other than a tremendous effort this last 2 years.
Again there are benefits yet to be fully experienced from the still pretty new Regal deal (when we basically remove 2 non years from deal date to now).
Cineplex was also a good deal in the making, BUT something nobody expected totally screwed that and to large extent our previous expansions.
This is unfortunate, but it doesn't make either deal/failed deal a bad deal.
He repeatedly has stated the appeal will take "some time". There is no sight or hint of an out of court settlement. That's only wishful thinking by some impatient on here really.
Let's be brutally honest if Cineplex were unable to agree a settlement with us prior to case when they had ZERO at that time, why on earth would they accept a far lower sum now when COURT awarded them the legal verdict.
We have had revenue numbers just few weeks back from company and we can all get pretty good indicator of numbers since by using box office mojo daily figures and working with last number of months given from company.
The business is still working through its most difficult period in its entire existence and I am happy to see our directors full focus on that (as frustrating as we all can find limited Comms).
Until we have the box office recovery, or an appeal result, major shareholder change or such then there is NOTHING to be said by board really.
CinemaCon right now is hopefully a further boost for industry relations with studios and will give operators an ever clearer view of what additional product can be/ is on its way from studios.
One of the interviews posted here covers that very point that there was partly due to COVID a real lack of the "mid range" movies produced and or ready to go into studios, BUT that has/is now greatly improving.
Hopefully we see our fair share go to theatrical release.
We sit we wait on news, currently there isn't really any and making up some is of no value.
Article that covers amongst other things the possibility of WB taking batgirl to Theatres instead of (as currently planned) straight to streaming.
This was mentioned earlier by RS.
https://www.slashfilm.com/843031/superhero-bits-batgirl-may-be-headed-to-theaters-a-stylish-new-doctor-strange-2-poster-more/
Probably just BS2020million throwing some of his loose change at it again ;-)
Until something/anything of substance is shown Mooky buying back 8% is no more than a fantasy.
Same as shorters are all fleeing from Start April and other such wishes/hopes/pipe dreams.
Meanwhile Mooky and his board keep their head down and work hard to have the business survive and hopefully flourish at some point.
More from CinemaCon
https://deadline.com/2022/04/cinemacon-nato-mpa-john-fithian-charlie-rivkin-1235008716/
Cheers Mountainous.
As we would expect positive noises from board, ultimately key we need more movie releases as she of us been saying here for most of a year now.
Still it's always feel good factor to hear from our leaders.
https://deadline.com/2022/04/cineworld-renana-teperberg-interview-cinemacon-1235009126/
*COUGH* UK already in recent weeks had higher case numbers than any other time in pandemic but CRUCIALLY due to what we now have the "danger" is far less severe to us all and we move freely.
Like bonkers and many others I avoided for 2 years, got it few weeks ago and rested up with no need for any critical care. Back to life as "normal"
*cough* vaccines, *cough* other medical aids, *cough* no further lockdowns.
Health without wealth is better than wealth without health.
For you at this moment sounds like youade decision you were required to.
Good luck with whatever future holds KTP.
Think most of us at some point will have had degrees of similar thoughts.
I am watching bit less news the now and while I see the share price I am not taking lot from it.
I have noted it's general flat/down movement is/has been on zilch volume for weeks and weeks now.
Revenues in our (by far) biggest market are clearly still well short, but we keep hoping with time and some of these big releases hopefully doing well that more will come.
The Cineplex appeal is clearly the massive one we dont know about.
Pretty much everything else is degrees of "noise" and will pass sooner or later.
It sure is a drag now though as it's clear the optimism and hope of c.a year ago when SP boosted due to such hopes has as yet stuttered and stalled.
(Further COVID effects e.g. Jan Feb in USA, still a very limited release of movies, Cineplex original outcome was/is I think far higher number than even those that thought it possible we would lose case, Ukraine invasion, slower than expected return in admissions in USA).
Hoping by end Q2 while still short of target admission level's (my opinion/forecast based on c. 1 of 3 months into it and $ levels required) we will at least have seen the next step up in $ and maybe just maybe confidence to release more product to enable us to reach (or get much closer) to business targets to keep us in the game pending appeal outcome.
https://variety.com/2022/film/awards/cinemacon-saudi-arabia-focus-dune-1235235904/
https://www.lse.co.uk/rns/CINE/major-shareholder-to-refinance-margin-loan-qbmz2n296dr5b8d.html