The company spun off AMC Networks last summer, so the first quarter of 2011 still included revenue from that unit. The results beat analysts’ estimates by 2 cents a share, according to Thomson Reuters I/B/E/S. Cable operators also depend on (revenue per subscriber) growth … and good old-fashioned price increases,” Bernstein analyst Craig Moffett said in a research note.Ĭablevision, which also owns a newspaper and local cable networks, posted first-quarter earnings of $57.2 million, or 21 cents a share, compared with $104 million, or 37 cents a share, a year earlier. “Unfortunately, subscriber growth is only half the story. The company added 42,000 high-speed data customers, beating StreetAccount estimates of 22,000.īut it made $1.57 less per subscriber compared with a quarter ago.
The gain of 7,000 subscribers beat the loss of 7,400 that Wall Street analysts were expecting, according to StreetAccount data. 7548 N com Bahr Harbor Lake Front Resort 324 Clearview Dr Houghton Lake MI. “It’s pretty clear Cablevision gathered up themselves and fought back to stop the bleed in subscribers, but my question is, is their pricing strategy sustainable?” Brean Murray analyst Todd Mitchell said. Release Calendar DVD & Blu-ray Releases Top 250 Movies Most Popular Movies Browse. Its operating cash flow fell 7.6 percent from a year ago to $513.5 million.Ĭablevision said at the end of February that it did not plan to raise prices this year, which surprised investors and sent its shares tumbling more than 10 percent at the time. 1 mi) AMC Dine-in Clearview Palace 12 (4 mi) AMC Elmwood Palace 20 (5.
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The announcement came after Cablevision said it added more video subscribers than expected in the first quarter, 7,000, reporting its first gain in new cable TV customers in at least six quarters, driven by a new pricing strategy.īut the company’s shares fell nearly 9 percent on Thursday, which analysts said was because investors were worried about its slowing financial growth as it ramps up investment in infrastructure and offers discounts on its services. The company also owns or has interests in Clearview Cinemas (a chain of 57 movie theaters) and Northcoast Communications, LLC (a wireless personal.
Standing Room Only - The Legend of the 12th Man. Only Yesterday - Studio Ghibli Fest 2022. A subsidiary of Cablevision from 1998 to 2013, Clearview Cinemas was formed in 1994 through a group led by Bud Mayo and was listed as a public company on the American. Bleach The Movie: Hell Verse (Anniversary Edition) The Invitation. Most of the Clearview Cinema locations were purchased by Bow Tie Cinemas in April 2013.
Seibert declined to comment on the movie chain’s earnings before interest, taxes, depreciation and amortization but said “it’s a negative number.” Clearview Cinemas was a chain of movie theatres within the New York metropolitan area. “It is not a strategic asset for us,” Seibert said, adding the company was in the early stages of exploring its options in a process it hopes will be “robust.”Ĭablevision had previously tried to sell the chain in 2002. Website by Influx Search Close Close Please select your nearest location If this is not the nearest location, choose from the list of locations below.Cablevision is shopping its Clearview Cinemas movie theater chain, which has 45 theaters in the New York tri-state area including the famed Ziegfeld in Manhattan, the company’s CFO said on today’s earnings call.Ĭhief Financial Officer Gregg Seibert told investors that the company planned to explore strategic alternatives with Clearview Cinemas. Tour of our theatres, malls, dine-in and much more Take a tour Movies in this Cinema Photo gallery of cinemex The multi-functional theater is also available to rent for movie screenings, birthday parties, corporate events and all kinds of celebrations.
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A full bar features jumbo screens, beer, wine and cocktails. The upgraded concessions include all of the classics as well as fresh, hot snacks such as waffle fry bowls, chicken tenders & nachos. Sign In Close Signup & Enjoy Exclusive Benefits Only Available at CMXĢ7001 US Highway 19 North Suite 2100, Clearwater, FL 33761ĬMX Cinemas Countryside (formerly Cobb Theatres), offers reserved recliner seating, the latest projection technology on curved high-gain screens, 3D and D-Box motion seats along with a digital 5.1 sound system.
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