National CineMedia, Inc. (NASDAQ:NCMI) Q4 2023 Earnings Conference Call March 18, 2024 5:00 PM ET
Company Participants
Chan Park - VP, Finance
Tom Lesinski - CEO
Ronnie Ng - CFO
Conference Call Participants
Eric Wold - B. Riley Securities
Jim Goss - Barrington Research
Operator
Good afternoon, and welcome to the National CineMedia Fourth Quarter and Full Year 2023 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.
I would now like to turn the conference over to Chan Park, Vice President of Finance. Please go ahead.
Chan Park
Good afternoon. I'm joined today by our Chief Executive Officer, Tom Lesinski; and our Chief Financial Officer, Ronnie Ng.
I would like to remind our listeners that this conference call contains forward-looking statements within the meaning of 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts communicated during this conference call may constitute forward-looking statements. These forward-looking statements involve risks and uncertainties. Important factors that can cause actual results to differ materially from the company's expectations are disclosed in the risk factors contained in the company's filings with the SEC. All forward-looking statements are expressly qualified in their entirety by such factors.
Further, our discussion today includes some non-GAAP measures. In accordance with Regulation G, we have reconciled these amounts back to the closest GAAP basis measurement. These reconciliations can be found at the end of today's earnings release or on the Investor Relations page of our website at ncm.com.
Now, I'll turn the call over to Tom.
Tom Lesinski
Thank you, Chan, and good afternoon everyone. Welcome to our fourth quarter and full year 2023 earnings call.
The relevance of cinema to audiences and brands with box-office hits like Barbenheimer, Taylor Swift: The Eras Tour, and Super Mario Bros. all demonstrating the cultural power of cinema. By comparison, more moviegoers aged 18 and up went to the opening weekend of Barbenheimer than attended all four major league sporting events over 12 months.
For example, Taylor Swift's concert film also drove significant demand, drawing in over 4 million attendees. That's five times more than her entire U.S. live concert tour. Additionally, the success of films like Super Mario Bros. Movie became the number two grossing PG-rated film of all time with over 52 million attendees and continues to remind us of cinema's uniquely great ability to reach families.