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Top Company: Cinemark Theatres (CNK)
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| Head Quarters: |
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Plano, Texas
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| Founded: |
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1984
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| Industry/Product: |
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| Web site: |
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www.cinemark.com
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| Description |
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Cinemark Theatres (NYSE: CNK) is the third largest movie theater chain in North America (only Regal Entertainment Group and AMC Theatres are larger). Cinemark Theatres was founded in 1984 as a small chain of theatres and has since expanded to become a prominent player in the theatre business. The company is based in Plano, Texas, and its theaters can be found in several countries. Cinemark Theatres can have up to 25 screens, but Cinemark Theatres no longer builds new 24 or 25 screen theaters. Depending on how busy a theater is, it is classified between a level 1 (the lowest) and a level 6 (the highest). Level 6 theaters typically have over 1.25 million customers per year. Cinemark USA recently acquired Century Theatres, adding more than 80 locations (including some locations with 24 or 25 screens) with over 1000 total screens to its current crop. Cinemark uses the advertising slogan "The best seat in town!", often utilizing the chain's animated feline mascot, Front Row Joe. A female cat which accompanies Front Row Joe is named Popcorn Penny.
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