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Investments in National CineMedia Inc, and Other Affiliates (Tables)
9 Months Ended
Sep. 30, 2025
Summary of Activity for Each of Company's Other Investments

Below is a summary of transactions with each of the Company’s other affiliates for the three and nine months ended September 30, 2025 and 2024:

 

 

Three Months Ended

 

 

Nine Months Ended

 

Investee

Transactions

September 30, 2025

 

 

September 30, 2024

 

 

September 30, 2025

 

 

September 30, 2024

 

AC JV, LLC

Event fees paid (1)

$

3.1

 

 

$

10.0

 

 

$

14.8

 

 

$

21.5

 

DCDC

Content delivery fees paid (1)

$

0.1

 

 

$

0.1

 

 

$

0.4

 

 

$

0.4

 

(1)
Included in film rentals and advertising costs on the condensed consolidated statements of income.
NCM  
Summary of Activity With Equity Investee Included in the Company's Condensed Consolidated Financial Statements The Company has an investment in NCM’s parent National CineMedia, Inc. (“NCMI”). Below is a summary of the changes to the Company’s investment in NCMI and NCM screen advertising advances for the nine months ended September 30, 2025:

 

 

Investment
in NCMI

 

NCM Screen Advertising
Advances
(1)

 

 

 

 

 

 

 

Balance at January 1, 2025

 

$

29.0

 

$

(318.5

)

Interest accrued related to significant financing component

 

 

 

 

(16.0

)

Unrealized loss on fair market value adjustment of investment in NCMI

 

 

(9.3

)

 

 

Amortization of screen advertising advances

 

 

 

 

24.4

 

Balance at September 30, 2025

 

$

19.7

 

$

(310.1

)

(1)
See “NCM Screen Advertising Advances and Other Deferred Revenue” in Note 4 for the remaining maturity of NCM screen advertising advances as of September 30, 2025.
Digital Cinema Implementation Partners  
Transactions with DCIP the Company’s Annual Report on Form 10-K filed February 19, 2025 for a further discussion of these investments.

 

 

 

AC JV,
LLC

 

DCDC

 

FE Concepts

 

Total

 

Balance at January 1, 2025

 

$

4.1

 

$

2.6

 

 

19.5

 

$

26.2

 

Equity income

 

 

3.4

 

 

0.6

 

 

1.1

 

 

5.1

 

Cash distributions received

 

 

(4.0

)

 

 

 

(4.0

)

 

(8.0

)

Balance at September 30, 2025

 

$

3.5

 

$

3.2

 

$

16.6

 

$

23.3