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By patrick

Cinema News Digest – Tuesday 5 December 2017

Dear Junkies, Cineworld’s purchase of Regal is a bit like a python swallowing a goat – it can be done, but the initial result will be more goat than snake-shaped. Once investors and analysts had time to digest the proposed merger (no pun intended), the brief rally in Cineworld’s sh…
Wim Buyens, Barco. (photo: Barco)

EXCLUSIVE – CJ Interviews Wim Buyens, Newly Appointed CEO of Barco’s New Cinema Joint Venture

Barco has just announced the creation of a global cinema joint venture (JV) for enabling the roll-out of the next generation of cinema technologies and experiences. Celluloid Junkie spoke exclusively to Barco’s currently SVP of the Entertainment division Wim Buyens a day after his returns to Europe…
Regal Cinemas and Cineworld

Cineworld In Negotiations to Acquire Regal – BREAKING NEWS

Regal Entertainment Group has confirmed that it is in negotiations to be acquired by European cinema major Cineworld in an all-cash deal. The proposed merger would value Regal at USD $23 per share, while the company’s share closed on NYSE at USD $19.36 but hit USD $21 in after-hours trading. T…
Samsung Cinema LED coming to Kino Arena Sihlcity in Zurich.

Cinema News Digest – Tuesday 28 November 2017

Samsung LED Cinema in Switzerland; young people cinema attendance surprise; DECIPRO’s Jean-Marc Couffignal dead; IMAX VR in Odeon Trafford Centre; Cineworld revenue up; Vue heart attack help; sex in cinema couple arrested; Curly Wurly or dog poo; cinema attack;  Twavox access app; ‘Young…
Bigscreen VR cinema - don't forget to turn off your virtual smartphone. (image: Bigscreen)

Cinema News Digest – Monday 20 November 2017

Paramount VR ‘cinema’; Bloomberg’s Q3 summary; CGR buys Cap’Cinema; Cinefamily to close after scandals; first cinema to boycott ‘Star Wars VIII‘; PVR expands VKAAO; re-birth of community cinemas in UK; single screens cling on in UAE; Bernadette McCabe joins MovieP…
iPic Westwood and the Tuck Room Tavern

India’s PVR Acquires Strategic Stake in iPic

Indian multiplex major PVR has acquired a two percent stake in upmarket US movie chain iPic for USD $4 million. This is the first time PVR has bought into a cinema chain outside of India. The move is aimed to give PVR a toe-hold in the US market as well as insights into iPic’s diningRead More
CGV cinema in Ho Chi Minh City, Vietnam. (photo: Patrick von Sychowski / Celluloid Junkie)

CJ CGV Plans to List its Foreign Subsidiaries

South Korean cinema major CJ CGV is set to stock market list its overseas cinema operation according to reports in Korean financial media. According to ChosunBiz CGV will begin with an initial public offering (IPO) of its Vietnamese subsidiary in 2018 before continuing with its other international o…
The Stella Cinema Dublin

UK & IE Cinema Property Update – 16 November 2017

Dublin’s Stella re-opens; Cineworld Weston-super-Mare opening delayed but Leeds opens this week; Curzon Westgate Oxford delayed; Empire in Poole’s Dolphin Centre; Everyman Oxted re-opening and hiring; The Light in Bradford delayed but Stockport on track; Majestic scraps expansion; Odeon…
CGV+VUE=CGVUE

Cinema News Digest – Tuesday 14 November 2017

Dear Junkies, MoviePass has paid AMC USD $11.88 on average for each cinema ticket sold, AMC data shows. Not a bad deal for customers paying USD $9.95 per month, but not a business model that is sustainable in the long run. AMC’s Adam Aron was unequivocal in his take on the third-party all-you-…
iSense screen in Odeon Bournemouth. (photo: Bournemouth Echo)

AMC to Seek IPO for Odeon Cinemas Group in 2018-2019 – BREAKING NEWS

AMC has confirmed that it will seek a stock market listing for its Odeon Cinemas Group in 2018-2019. The announcement was made by AMC CEO Adam Aron during the Q3 2017 Results – Earnings Call with investment analysts on 6 November. The IPO would take place at the London Stock Exchange (LSE) bet…
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