Cinemark Holdings, Inc. (“Cinemark”) (NYS: CNK) , one of the largest motion picture exhibitors in the world, today announced the 20 year anniversary and celebration of their first theatre in Latin America, located in the Plaza Vespucio Mall in Santiago, Chile.
“Our international operations have grown exponentially in the past 20 years from one theatre and 6 screens in 1993 to 172 theatres and 1,360 screens today in 13 Latin American countries. It’s been incredible watching the international operations and personnel flourish and I am honored to have been a part of the journey from the beginning,” commented Tim Warner, Cinemark’s Chief Executive Officer. “Our international segment currently generates approximately 30% of our worldwide revenues and Adjusted EBITDA. We continue to grow and expand throughout South and Central America, maximizing shareholder value through our high-quality, modern theatre circuit in markets with immense screen growth opportunity.”
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