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By patrick

Odeon for Sale

UK’s Odeon For Sale Again – Third Time the Charm?

Private equity group Terra Firma has announced that UK/European cinema chain Odeon & UCI Cinema Group (Odeon for short) is for sale. The merged exhibition operation failed to attract bidders willing to match the asking price in both 2011 and 2013 but Terra Firma’s chair Guy Hands is hoping…
China Daddy Trip

China Cinema Digest – Thursday 26 February 2015

The box office over Chinese New Year (CNY), traditionally always strong and devoted to domestic blockbusters, was up significantly this year to 350 million yuan (USD $56 million). The reason is attributed to the growth in the number of screens, which is set to cross 25,000 by early March. Single-day…
Box office 2015

Daily Cinema Digest – Wednesday 25 February 2015

Cinemas in North America are on track for a record year, with share prices of the major exhibitors already reflecting this box office optimism. Analysts expect that box-office revenue this year in the United States and Canada will soar past $11.5 billion, outpacing the record $10.9 billion set in 20…
AMC recliner seats

AMC’s Premium Recliner Seating Plans Revealed

A week after Regal announced that it plans to convert 25% of its screens to luxury seating, AMC has provided details about its plans for reseating. While the Chinese-owned exhibitor is not committing to a particular screen percentage target, the ambition is great for the cinema chain that in many wa…
Imax

Daily Cinema Digest – Monday 23 February 2015

Imax’s quarterly earnings were down slightly, but ahead of Wall Street’s expectations. The company said that it is focusing on international expansion and expects to cross 1,000 screens this year. IMAX Corporation signaled that international markets will be an ongoing focus in the years…

Daily Cinema Digest – Friday 20 February 2015

Cineworld has been fined a total of £9,500 and ordered to pay £2,573 costs after two of its staff were given potentially fatal electric shocks by a faulty popcorn machine. Defending Cineworld Kathryn Turner said the exhibitor “has an exemplary record with no previous convictions.” Techni…

Regal To Convert Quarter of All Screens To Luxury Seating

The world’s largest exhibitor Regal has announced plans to convert 25% of all its screens to luxury seating. The move mirrors similar efforts by other large chains such as AMC and Marcus Theatres, and is an attempt to extract more revenue from patrons as cinema attendance declines in the Unite…
AMC Theatres - Wanda Logo

Daily Cinema Digest – Wednesday 17 February 2015

AMC has published its 2014 Q4 and year-end figures and though admissions and ticket sales were down, F&B revenue was up as the exhibitor continues to focus on the “guest experience.” Highlights for the fourth quarter 2014 include the following: Total revenues were $712.2 million comp…
FSOG Girl's night out

Women Behaving Badly at “Fifty Shades” Screenings

Yesterday we reported how cinema patrons’ bags were searched and a man was attacked with a broken bottle (by women!) in relations to screenings of “Fifty Shades of Grey” in Glasgow. It seems that this was only the start of various antics tied to the S&M romance film across Brit…
Red Carpet Communication

Cinemaxx and CineStar Launch German Cinema Marketing JV

Details have been announced about Germany’s new cinema marketing venture, formed as a JV by Cinemaxx and CineStar, aimed at corporate and advertising clients. Red Carpet Cinema Communication GmbH & Co. KG. will target German B2B clients in an effort to enhance the position of cinema for co…
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