Cinemark CEO Sees “Fairly Limited” Writers Strike Impact, Touts Increased Film Pipeline at Box Office

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Cinemark CEO Sees “Fairly Limited” Writers Strike Impact, Touts Increased Film Pipeline at Box Office
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Thus far, CEO Sean Gamble said the 2023 total volume of films is better than anticipated.

of which he said: “I can tell you that studio commentary suggesting ‘The Flash’ is by far the best DC movie to date is very well justified.”

Overall, Gamble said the 2023 total volume of films is better than anticipated, as there have now been 110 wide releases dated, above their previous estimates of 100 to 105 for the full year.

Asked about whether the Writers Guild of America strike would have an impact on film production and the flow of content, Gamble noted that it would depend on the length of the strike, but that the majority of films this year and next are “unlikely to be materially affected.” He added that the 2007-2008 WGA strike, which lasted for 100 days, had “some impact” on the film industry, but that the disruption to content releases was “fairly limited.

Cinemark had 5,833 screens as of March 31, 2023, and plans to open seven new theatres and 59 screens over the next two years.

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