![]() Shares of D-Box closed Friday even at $.27. Li says the win with Cinemark will put increasing pressure on major exhibitors like Regal, AMC and Carmike to sign-on to D-BOX as, he offers, D-BOX is now the industry standard of theatrical motion technology. It trails only Regal Entertainment, which has 6,621 screens and AMC, which has approximately 5,034 Screens The company’s Q2, 2013 topline of $3.71-million was its best ever, and an 83% increase over the same period a year prior.Ĭinemark is the third largest exhibitor in the U.S., operating 3,918 screens across 39 states. See reviews, photos, directions, phone numbers and more for Cinemark locations in Hermosa Beach, CA. Although D-Box is still losing money, revenue is improving. Find 30 listings related to Cinemark in Hermosa Beach on YP.com. While, as late as 2009, the company struggled to build a consistent revenue stream, things improved when management decided to dedicate itself to the commercial theatre market. D-Box’s MFX systems use motion effects specifically programmed for a particular film, TV series or video game, which are then sent to a motion generating system integrated within either a platform or a seat. Longueuil, Quebec based D-Box was founded in 1992, and the two-decades since have seen the company perfect its seat technology. In an update to clients Thursday, Li reiterated his 12-month target price of $1.00 and our Speculative Buy rating. The Industrial Alliance Securities analyst notes that D-Box’s MFX seats, which are sold upfront and generate royalty fees based on their use, generate higher occupancy rates for theatres. He says he fully expects additional orders from Cinemark because D-Box has proven its value proposition “time and time again”. Industrial Alliance Securities analyst Steve Li says this contract has far-reaching positive implications for D-Box. “We plan to expand D-Box to other locations based on the performance,” “Cinemark is excited to be the first theatre circuit to introduce D-Box in Latin America,” he said. The deal is D-Box’s first with Cinemark.Ĭinemark International president Valmir Fernandes hinted that the deal might be the first of many. It was very nice to have reserved seating, which enabled us not to have to come early and stand in any lines. D-Box seats are installed at the Mall of America in Bloomington, Minnesota.On Thursday, D-Box Entertainment (TSXV:DBO) announced it had entered into an agreement with Cinemark Peru to install two D-Box-equipped auditoriums. 7201 Central Expy, Plano, TX 75025-5925 IamDennyR Denton, Texas 91 23 D-Box seating Review of Cinemark Legacy Reviewed Jvia mobile I purchased four of the special seats for opening night of Jurassic world.
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