{"id":5522,"date":"2026-08-18T18:09:32","date_gmt":"2026-08-18T18:09:32","guid":{"rendered":"https:\/\/uspropertymoves.com\/?p=5522"},"modified":"2026-08-18T18:09:32","modified_gmt":"2026-08-18T18:09:32","slug":"major-theater-chain-cinemark-also-signals-it-wants-california-to-settle-with-paramount","status":"publish","type":"post","link":"https:\/\/uspropertymoves.com\/?p=5522","title":{"rendered":"Major Theater Chain Cinemark Also Signals It Wants California to Settle With Paramount"},"content":{"rendered":"<div>\n<!-- do not apply CSS styles to this element! --><\/p>\n<div>\n<p>\n\tAfter the CEOs of AMC Theatres and Regal publicly backed a Paramount-Warner Bros. Discovery marriage, Cinemark is also throwing its hat behind a settlement that would pave the way for a deal to close. <\/p>\n<p>Read more <a href=\"https:\/\/uspropertymoves.com\/?p=5520\">Yes, Sasha Calle Really Got to Drive the Chevy Corvette in \u2018Sugar\u2019<\/a><\/p>\n<p>\n\tThe exhibitor released a statement (notably not attributed to a single executive) saying that it backs an \u201cexpedited resolution\u201d of the merger plan, in light of a court setting a date for a trial pitting California attorney general Rob Bonta vs. Paramount mogul David Ellison in March 2027. <\/p>\n<p>\n\tCinemark\u2019s full statement is below:<\/p>\n<p>\n<em>As we assess the current state of the theatrical exhibition industry, box office is tracking toward its strongest result in the past seven years driven by robust moviegoing momentum, positive consumer trends and a steadier cadence of varied and compelling film releases. We recently witnessed the biggest domestic box office weekend in history, and this summer is on the cusp of delivering record-level proceeds.<\/em>\n<\/p>\n<p>\n<em>Moving forward, the enduring success of our industry requires a healthy theatrical ecosystem supported by financially sound studios and exhibitors that can effectively create, distribute and exhibit high-quality films to consumers around the world.\u00a0With that in mind, we have consistently stated we would look favorably upon media consolidation that increases the quality and output of films released into theaters with sufficient marketing campaigns and theatrical windows, and that is backed by firm commitments to ensure follow-through. David Ellison and the leadership team at Paramount Skydance have repeatedly expressed their intent to release at least 30 films into theaters annually following a merger with Warner Bros. Discovery, with minimum windows of 45 days to PVOD and 90 days to SVOD.\u00a0Moreover, they are now offering to put those pledges into written commitments and consent decrees.\u00a0These are conditions and formal assurances that align with our long-held views, which we at Cinemark support.<\/em>\n<\/p>\n<p>Read more <a href=\"https:\/\/uspropertymoves.com\/?p=5518\">Laurie May Stepping Down From Elevation Pictures<\/a><\/p>\n<p>\n<em>Strong partnership and collaboration throughout our industry are also essential drivers in sustaining a vibrant moviegoing environment.\u00a0In that spirit, we are highly encouraged by constructive dialogue taking place between Paramount Skydance and Cinema United, our trade organization, regarding the specifics of\u00a0Paramount Skydance\u2019s proposed commitments.\u00a0We respect and appreciate Cinema United\u2019s advocacy on behalf of all theatrical exhibition and view these conversations as meaningful progress toward achieving outcomes that support our industry\u2019s long-term health and success.<\/em><\/p>\n<p>\n<em>We collectively benefit most when all stakeholders work together in pursuit of shared industry objectives, including creating and releasing compelling films, attracting audiences to theaters and fostering long-term growth. To that end, we join those who have recently called for an expedited resolution of the proposed Paramount Skydance and Warner Bros. Discovery merger as prolonged uncertainty runs the risk of diverting time and resources away from achieving these priorities.<\/em><\/p>\n<p>Read more <a href=\"https:\/\/uspropertymoves.com\/?p=5516\">Rosie O\u2019Donnell Crushed Her \u2018Kimmel\u2019 Monologue by Doing What Jimmy Kimmel Doesn\u2019t<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cinemark is also throwing its hat behind a settlement that would pave the way for a deal to close.<\/p>\n","protected":false},"author":1,"featured_media":5521,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[3503],"class_list":["post-5522","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting","tag-cinemark"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Major Theater Chain Cinemark Also Signals It Wants California to Settle With Paramount - 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