Cinemex: История мексиканской киносети

Cineplex company based in Mexico

Cinemex is a Mexican chain of cinemas. It operates multiplexes in cities such as Mexico City, Guadalajara, Monterrey, Toluca, Cd. Juarez, Leon, Tijuana, Mexicali, Puebla and other Mexican cities. In 2015, Cinemex began to expand into the United States under the banner CMX. It initially focused on cinemas with premium amenities; in 2017, this division expanded via its acquisition of Cobb Theatres, making it the eighth largest U. S. cinema chain.

Cinemex started with a college business plan. Adolfo Fastlicht, Miguel Angel Dávila Guzmán and Matthew Heyman speculated that Mexico was ready for larger movie theaters. When the regulations were lifted with the new Cinematography Law passed in Mexico in 1992, Adolfo Fastlicht and Miguel Angel Dávila decided that Mexico City offered a market for a high end chain of theaters. In 1994, they secured $21.5m in equity financing from JPMorgan Partners and a partnership of the Bluhm family of Chicago, CMex Investors. and some Mexican former politicians The deal is generally acknowledged to be the largest venture capital start up in Mexican history. Cinemex's first theater was Cinemex Altavista and it opened on August 2, 1995; the second was Unicornio Land opened on September 23, 1996, soon followed by Cinemex Santa Fe, the company's flagship, in October and Cinemex Manacar on January, 1997. That same year saw the opening of Cinemex Los Reyes and Cinemex Loreto. In June 2002, Oaktree Capital Management acquired Cinemex for $250 million. Two years later, it was sold to a partnership of The Carlyle Group, Bain Capital and Spectrum. Cinemex was acquired by MMCinemas, the second largest movie theater operator in the country, from AMC Entertainment for $315 million in 2008. In 2013, Cinemex began to offer MX4D screens at selected locations. In February 2013, Cinemex announced its intent to acquire the Mexican operations of U. S. cinema chain Cinemark. The sale was approved by regulators in November. In August 2013, Cinemex reached a 10 year agreement to exclusively use RealD equipment at all of its cinemas. In 2015, Cinemex and competitor Cinépolis were both fined by the Instituto Nacional Electoral for defying an order to cease screening political advertising from the Ecologist Green Party of Mexico. The party was also fined.

In 2015, Cinemex announced plans to expand into the United States with premium dine in cinemas, including a location at American Dream in New Jersey. In 2016, it opened its first U. S. location under the banner CMX: The VIP Cinema Experience, at Brickell City Centre in Miami. In October 2017, Cinemex announced its intent to acquire Cobb Theatres via the CMX Cinemas subsidiary, which made it the eighth largest U. S. cinema chain with 30 locations. On March 16, 2020, CMX agreed to acquire 10 theatres and one under development from Star Cinema Grill. However, its Star Cinema Grill owner Omar Khan filed a lawsuit in April alleging that CMX breached its contract by refusing to close the deal by March 26 because of the COVID 19 pandemic. CMX filed for Chapter 11 bankruptcy protection on April 25 due to the pandemic; CMX shuttered 10 underperforming theatres and was initially unable to renegotiate contracts with creditors such as landlords and movie studios. Following a six month negotiation with creditors, CMX emerged from bankruptcy in December; landlords agreed to modified revenue share leases where they will receive part of the theatres' profits.

NameCityOpening dateCMX Pinnacle 14Gulf Shores, AlabamaJuly 22, 2005CMX Hollywood 16 & IMAXTuscaloosa, AlabamaNovember 5, 2004CMX Lakeside Village 18 & IMAXLakeland, FloridaDecember 22, 2005CMX Merritt Square 16 & IMAXMerritt Island, FloridaMay 21, 2004CMX Dolphin 19 & IMAXMiami, FloridaMay 25, 2001CMX Miami Lakes 17Miami Lakes, FloridaJune 29, 2000CMX Downtown In The GardensPalm Beach Gardens, FloridaNovember 23, 2005CMX CinéBistro Hyde ParkTampa, FloridaOctober 16, 2009CMX Grand 10Winter Haven, FloridaNovember 15, 2002CMX CinéBistro Stony PointRichmond, VirginiaOctober 22, 2010CMX Plaza Café 12Orlando, FloridaDecember 12, 2010CMX Village 14Leesburg, VirginiaJuly 23, 2011CMX CountrysideClearwater, FloridaDecember 16, 2011CinéBistro Waverly PlaceCary, North CarolinaSeptember 4, 2015CMX CinéBistro and CMX LibertyLiberty Township, Butler County, OhioNovember 5, 2015CMX CinéBistro Siesta KeySarasota, FloridaFebruary 12, 2016CMX Tyrone 10St. Petersburg, FloridaApril 15, 2016CMX Daytona 12Daytona Beach, FloridaDecember 12, 2016CMX WellingtonWellington, FloridaDecember 15, 2016CMX CinéBistro CityPlace DoralDoral, FloridaMarch 17, 2017CMX Brickell Dine InMiami, FloridaApril 2017CMX Market Cinemas ClosterCloster, New JerseyJanuary 2018CMX FallschaseTallahassee, FloridaJuly 27, 2018CinéBistro Peachtree CornersPeachtree Corners, GeorgiaMarch 8, 2019CMX CinéBistro HalcyonAlpharetta, GeorgiaSeptember 27, 2019