National CineMedia, Inc. announced the acquisition of Spotlight Cinema Networks.
The acquisition enhances NCM's national market share by 6% and expands theater presence in New York and Los Angeles by 30%.
Spotlight Cinema Networks adds luxury screens and exhibitors to NCM's platform, unlocking new advertising opportunities.
The acquisition is expected to be accretive to shareholders with synergies to be realized over 2026.
Increase in National Market Share
Acquisition boosts NCM's national market share by approximately 6%.
Expansion in Luxury Audience Reach
The acquisition expands NCM's access to luxury audiences through high-scale luxury screens.
Strategic Importance of New York and Los Angeles Markets
NCM's presence in critical markets like New York and Los Angeles grows by 30%.
Revenue Synergies
Expected full run-rate synergies over 2026, with a purchase multiple of 4.5x pro forma EBITDA.
- The acquisition strengthens NCM's network by providing access to luxury audiences.
- NCM enhances its platform for premium advertisers with differentiated targeting capabilities.
- The deal aligns with NCM's long-term growth strategy and commitment to shareholder value.
National CineMedia's acquisition of Spotlight Cinema Networks reinforces its position in the cinema advertising marketplace and sets the stage for sustainable growth in the luxury cinema segment.