DCDC, formed by AMC Theatres, Regal Entertainment Group, Cinemark Theatres, Universal Pictures and Warner Bros.
ENGADGET: Movie studios sign on for satellite-based digital delivery to theaters
"DCDC is creating a technological superhighway, " said Tim Warner, CEO and President, Cinemark Theatres.
ENGADGET: Movie studios sign on for satellite-based digital delivery to theaters
"The theater has no immediate comment, " a Cinemark spokeswoman said when reached by phone.
Lawyers for victims of the Aurora, Colorado shootings are targeting the owner of the movie theater, Cinemark Holdings.
FORBES: Attorneys To Sue Cinemark Movie Theaters Over Aurora Shootings
Cinemark Holdings Inc shares are currently trading off about 4.4% on the day.
Several victims' families and survivors have filed lawsuits against Cinemark USA, Inc.
The letter calls the Cinemark event a publicity ploy from a company that is oblivious to the emotional strain on the families of the victims.
"During the holiday we didn't think anyone or anything could make our grief worse but you, Cinemark, have managed to do just that, " the letter began.
Cinemark Holdings Inc ( NYSE: CNK) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets.
"We get feedback pretty quickly if we go too long, but at the same time we want to show enough so people know what's coming, " says Randall Hester of Cinemark.
CNN: Movie previews: Love 'em or hate 'em, they're here to stay
As a result, online ticket sales for the film have ceased over the last few days at both theater chains as well as at fellow major theater chain Cinemark, and Regal Cinemas has removed in-theater advertising, like posters and standees.
FORBES: 'Iron Man 3' Caught In Dispute Between Disney And Top Theater Chains
In the case of Cinemark Holdings Inc, looking at the history chart for CNK below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 3% annual yield.
Regal has threatened to cut the number of trailers it allows for movies from any of the participating studios, and Cinemark has said that it will not show trailers or use floor space to promote movies that are scheduled to come out on early VOD.
FORBES: Theater Owners Fight Back Against Early Video on Demand
FORBES: Attorneys To Sue Cinemark Movie Theaters Over Aurora Shootings
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