WarnerMedia’s HBO Max Movie Move Sinks Exhibition Stocks, Throws Down Streaming Gauntlet - EWB

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Friday, 4 December 2020

WarnerMedia’s HBO Max Movie Move Sinks Exhibition Stocks, Throws Down Streaming Gauntlet

“There is no way to sugarcoat this for the theater operators,” said one Wall Streeter as exhibition stocks plunged Thursday on WarnerMedia’s bombshell – a reimaging of its entire 2021 release slate that hit an exhibition industry already teetering on the brink. Cinemark shares– up earlier in the session — lost nearly 22% of their […]

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