Movie theaters are hoping that Christopher Nolan’s latest thriller will help revive the industry. But it may take more than that, djtgallagher explains. WSJWhatsNow
Can movie theaters survive the pandemic? A Texas-based chain and a British-born director might help answer that question.
Cinemark Holdings, based in Plano, Texas, operates 4,649 screens in the U.S. and another 1,496 screens internationally, making it the third-largest theater chain in the world behind AMC Entertainment and Cineworld. It is also considered to be the most financially healthy of the three, with Robert Fishman of MoffettNathanson noting the company “historically has been the most disciplined and conservatively...
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