In this Company Report
Despite a relatively favorable performance at the box office for the US cinema and an outlook which Screen Digest believes gives grounds for optimism, the combined market capitalization of the four publicly-owned major US & Canadian exhibitors has shrunk from $6.7bn roughly 18 months ago to slightly below $3.0bn as of February 20, 2009, a 55% drop. Screen Digest believes that the 'negatives' surrounding cinema exhibition have been consistently exaggerated as to their degree of importance to the long-term outlook for the industry.
Tables included
Year-over-year change in US holiday-season retail sales
US/Canadian Exhibition Operating Results for the Five Leading Exhibitors
Comparison of Fixed Charges Coverage
Regal Cinema - Operating and Financial Data
Cinemark Holdings - Operating and Financial Data
AMC Entertainment (Marquee Holdings) - Operating and Financial Data
Carmike Cinema - Operating and Financial Data
Cineplex Galaxy Income Fund - Operating and Financial Data
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