Movie Chain Cinemark Delays Filing Quarterly Earnings Report, Follows AMC Entertainment As Exhibition Hard Hit

AMC Entertainment CEO Adam Aron received compensation of $9.67 million in 2019, up from $9.5 million in 2018, according to the cinema giant's proxy statement filed Wednesday with the Securities and Exchange Commission. The proxy statement was issued after AMC Theatres and other U.S.

By Brent Lang

By Jill Goldsmith

By Dave McNary

By Dade Hayes

Europe’s coronavirus crisis took a huge toll on German event producer CTS Eventim in the first quarter, leading to a 34.7% decline in revenue to €184.6 million ($202.1 million) and clouding the outlook for the remainder of 2020.

Madison Square Garden Entertainment experienced a predictable hit to earnings in the quarter ending March 31, posting a 20% drop in revenue and writing down its investment in the dining and nightlife business.

By Jem Aswad

Eventbrite is carrying about $293 million in exposure from advance payouts to the creators on the system, official with the San Francisco-based ticketing company disclosed Monday (May 11) in its Q1 earnings report, sharing new details on plans to refund ticket holders and detailing the impact of the live music shut down on their bottom line.

With a pandemic hanging over the touring industry, Live Nation's first quarter earnings released Thursday revealed the damage caused since concerts were widely suspended in mid-March: Compared to Q1 2019, concert revenue dropped 24.6% and ticketing revenue fell 15.8%.This year, Live Nation will host virtual concerts, is testing drive-in concerts -- these started popping up in parking lots as early as mid-June -- and will later give superstar artists multiple theater dates rather than a single

iHeartMedia's first quarter 2020 earnings release was mainly a preview for what could be a painful second quarter. Overall, Q1 wasn't bad: Old-school broadcast radio revenues barely fell and digital revenues improved on the strength of podcasts. But the advertising slowdown became "more pronounced" in April and suffered "a sharp decline" in broadcast, digital and other segments, CEO Bob Pittman said.

By Brent Lang

By Jill Goldsmith

By Dave McNary

Liberty Media, the company controlled by billionaire mogul John Malone that houses assets like audio entertainment giant SiriusXM, the Atlanta Braves baseball club and the Formula One racing circuit, on Thursday (May 7) reported stable first-quarter overall revenues, but a steep 84% revenue loss from its Formula One race car division. Liberty Media posted

The sudden cancellation of concerts and events in the last few weeks of March meant a 21% decline in revenues for Live Nation and a $172 million loss for the quarter, nearly seven times what the company posted for the same period last year.

There's a chance that viewing iHeartMedia's first quarter earnings for 2020, due out this afternoon (May 7), will be like driving past an auto accident: a twisted, ugly mess from which you can't look away.

Chris Cuomo honored the heroic efforts of frontline healthcare workers on National Nurses Day with an impassioned plea for people to stay home, stay safe and for the government to help them fight the virus.

Few earnings releases are as anticipated as Live Nation’s first quarter report coming Thursday -- that should provide a valuable snapshot of the live music business during an unprecedented economic slowdown.

Hollywood and theater owners received welcome news over the weekend as 3,000 moviegoers showed up at a trio of San Antonio-area theaters that have reopened early with strict social distancing measures in place. The three locations are operated by Santikos Entertainment, a mainstay of the sprawling Texan city.