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National CineMedia, Inc. (NASDAQ: NCMI) is a leading cinema advertising network in the United States, profoundly influencing the moviegoing experience. As America's #1 weekend network, NCM reaches more than 700 million moviegoers annually through its extensive network. This network includes over 40 top national and regional theater circuits such as AMC Entertainment Inc. (NYSE: AMC), Cinemark Holdings, Inc. (NYSE: CNK), and Regal Entertainment Group (NYSE: RGC), presenting NCM's FirstLook pre-show on approximately 20,050 screens across 1,600 theaters in 187 designated market areas, covering 49 of the top 50 markets.
National CineMedia's core revenue stream comes from selling advertising to national, regional, and local businesses. The company leverages The Noovie Show, a cinema advertising and entertainment program that captivates audiences before the main feature. Additionally, NCM's Lobby Entertainment Network (LEN) features strategically-placed screens in theater lobbies, offering further avenues for advertisers to engage with an eager and attentive audience.
Beyond the big screen, NCM extends its reach into online and mobile marketing through NCM Digital. This platform allows advertisers to leverage in-theater campaigns into broader digital marketing programs, effectively targeting entertainment audiences across multiple platforms.
NCMI owns a 45.2% interest in, and serves as the managing member of, National CineMedia, LLC. This partnership underlines a robust business model that combines traditional and digital advertising strategies, ensuring comprehensive coverage and unmatched audience engagement.
For more detailed information about National CineMedia, Inc., its latest ventures, partnerships, and financial updates, visit their official website at www.ncm.com.
National CineMedia, Inc. (NASDAQ: NCMI) revealed President Cliff Marks will retire on July 1, 2021, but will remain a consultant through his new firm, CMarksCo, LLC. Scott Felenstein has been promoted to President, Sales, Marketing & Partnerships, and will lead NCM's sales strategy. Mike Rosen steps into Felenstein's prior role as Executive Vice President & Chief Revenue Officer. CEO Tom Lesinski praised Marks' contributions to cinema advertising and expressed confidence in Felenstein and Rosen's capabilities to drive future revenue as the company navigates a recovering market.
National CineMedia, Inc. (NASDAQ: NCMI), owner of 48.1% of National CineMedia, LLC, the largest cinema advertising network in the U.S., will participate in the Barclays 2021 High Yield Bond & Syndicated Loan Conference virtually on May 25-26, 2021. CEO Tom Lesinski and SVP Finance Ted Watson will hold one-on-one investor meetings on May 25. NCM connects brands with movie audiences through its extensive digital and cinema advertising network, showing ads on 20,600 screens across over 1,600 theaters nationwide.
National CineMedia, Inc. (NASDAQ: NCMI) will participate in the J.P. Morgan 49th Annual Global Technology, Media and Communications Conference from May 24-26, 2021. CEO Tom Lesinski and SVP Finance Ted Watson will present on May 26 at 3:40 PM ET, followed by one-on-one investor meetings. NCM is the largest cinema advertising network in the U.S., managing a 48.1% stake in National CineMedia, LLC, and operating over 20,600 screens nationwide. Interested parties can access live webcasts and presentation materials on the Company’s Investor Relations website.
National CineMedia, Inc. (NASDAQ: NCMI), the largest cinema advertising network in the U.S., will participate in the Goldman Sachs 2021 Sixth Annual Leveraged Finance Conference on May 17, 2021. CEO Tom Lesinski and SVP Finance Ted Watson will conduct one-on-one investor meetings throughout the day. NCM owns 48.1% of National CineMedia, LLC, and operates the Noovie® pre-show across 53 theater circuits, reaching over 20,600 screens in 1,600 theaters. For more details, visit www.ncm.com.
National CineMedia (NCMI) reported a 91.7% decline in revenue for Q1 2021, totaling $5.4 million compared to $64.7 million in Q1 2020. Operating losses increased to $28.3 million, a 677.6% rise from the previous year. Adjusted OIBDA was -16.2 million. The company managed liquidity with a $50 million term loan, increasing cash reserves to $192.2 million. Partially offsetting challenges, 77% of theaters are re-opened as of May 2021. NCMI plans a $0.05 dividend for June, with hopes for recovery in cinema attendance.
National CineMedia, Inc. (NASDAQ: NCMI) will release its fiscal first quarter 2021 earnings results on May 10, 2021, after market close. A conference call will follow at 5:00 p.m. ET to discuss the results, accessible by phone and live audio webcast.
National CineMedia, the largest cinema advertising network in the U.S., operates over 20,400 screens in 1,650 theaters across 190 Designated Market Areas. The company holds a 48.1% stake in National CineMedia, LLC, enhancing its advertising reach and audience engagement.
National CineMedia (NCM) has appointed Eric S. Wohl as its new Chief Human Resources Officer, based at its headquarters in Centennial. Wohl has extensive experience in HR leadership roles, including his tenure at Radial Inc. and DISH Network. CEO Tom Lesinski expressed optimism about Wohl's ability to contribute strategically during this critical time for NCM, aligning with the company's goals to enhance cinema advertising and engage audiences. NCM operates the largest cinema advertising network in the U.S., with over 20,400 screens.
National CineMedia, Inc. (NASDAQ: NCMI) has appointed Mark Zoradi, CEO of Cinemark Media, to its Board of Directors, replacing Lee Roy Mitchell who has resigned to focus on personal ventures. This change is part of a strategic move as the industry recovers from COVID-19. Zoradi brings extensive experience from his tenure at The Walt Disney Company and has previously held significant positions in major entertainment firms. This transition may enhance NCM's leadership and operational strategies as it navigates the cinema advertising market.
National CineMedia (NCM) and ATM.TV have entered a new advertising sales relationship, merging their capabilities to reach movie fans through HD toppers on ATMs at 7-Eleven stores across the U.S. NCM's Digital-Out-Of-Home (DOOH) group aims to connect brands with audiences beyond theaters, providing advertising options on over 8,500 ATM.TV HD screens. This strategic alliance enables brands to engage consumers while shopping, enhancing targeted advertising opportunities. The partnership is expected to capitalize on the growing interest in convenience stores during the pandemic.
National CineMedia (NCMI) reported a severe decline in financial performance due to the COVID-19 pandemic. For Q4 2020, total revenue dropped 89.3% to $15.7 million and operating loss surged to $20.8 million. Full-year 2020 revenue fell 79.7% to $90.4 million with a net loss of $65.4 million, or $0.84 per share. The company maintains a cash position of $181.8 million as of December 31, 2020. Although facing challenges, CEO Tom Lesinski expressed optimism for recovery in 2021, contingent on market conditions and consumer behavior post-pandemic.
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