Risk factors
National CineMedia (NCMI) risk factors
Item 1A of every National CineMedia, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors40 risks3 new6 dropped10 reworded
National CineMedia expanded its risk disclosures in 2025 by adding concerns about artificial intelligence integration, acquisitions like Spotlight Cinema Networks, and post-showtime inventory fees. The company updated key metrics regarding theater network screens, attendance percentages, and regulatory tariff impacts on major advertising categories.
Filed Feb 26, 2026 - FY2024 10-K risk factors43 risks
National CineMedia faces core risks around theater attendance levels, reliance on exhibitor agreements with AMC and Cinemark, and post-bankruptcy integration.
Filed Mar 06, 2025