Mark Zoradi New York Los Angeles New York California San Francisco tv video film broadway Mark Zoradi New York Los Angeles New York California San Francisco

Cinemark CEO Mark Zoradi Says California, NY Opening Key For Exhibition; Sees M&A Surge

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deadline.com

Jill Goldsmith Co-Business EditorCinemark CEO Mark Zoradi said getting theaters open in California and New York is crucial to the health of exhibition as the second largest U.S.

chain has 70% of cinemas open but lacks these key markets — keeping it “behind the eight ball.”Some California counties are open or opening but not yet San Francisco or Los Angeles.

New York Governor Mario Cuomo Wednesday reiterated his thinking that with the state teetering on his target 1% infection rate, he can’t risk going over although he understands movie theaters and all businesses want to open. (Many, like gyms, casinos and indoor dining have.) The fourth quarter will be “thinner” than usual” as releases continue to drift into next year but 2021-2022 look.

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