China to Crack Down on Box Office Fraud
Chinese authorities are cracking down on box office fraud, with severe punishments for cinemas, ticket software vendors or apps caught siphoning off BO.
Cinema City Offers ‘Unlimited’ Ticket in Poland
Cinema City launched its ‘Unlimited’ ticket in Poland on 1 December. Priced at PLZ 42 (USD $10.39) for its cinemas outside Warsaw and PLZ 49 (USD $12.12) for its cinemas in Warsaw. The ticket is not valid for special events (such as movie marathons or ‘Ladies Night’) and ther…
Korea’s CJ CGV to Become “World’s Largest Cinema Chain”
South Korea’s CJ CGV has gone public about its ambition to become the world’s largest cinema chain through “aggressive expansion” in the United States, couple with growth in emerging markets like India and Latin America. The aim is to have 10,000 screens globally by 2020, wit…
Paris Terrorist Attacks Impact French Cinemas
Friday’s terrorist attacks in Paris led to the closure of Gaumont, Pathé, UGC and MK2 cinemas in the French capital on the Saturday, as well as affecting several film events scheduled for the coming week. The terrorist attacks are likely to lead to questions about the safety in cinemas both in…
German Cinemas Threaten “Star Wars” Boycott
Small and independent cinemas in Germany are threatening to boycott Disney/Lucasfilm’s “Star Wars: the Force Awakens” over unfavourable screening terms. Amongst many points of contention Disney is said to be enforcing a minimum ticket price that is seen as too high for small towns,…
China Cinema Digest – Thursday 15 October 2015
Now that the sheen has come off China’s stock market and overall economic growth, hard questions are starting to be asked about the success of China’s cinema box office. Reuters is the latest to have woken up to the fact that tickets are being massively subsidised by third-party e-commer…
Imax Q3 Earnings Up, Pins Hope to China, Blasted for “Star Wars” 70mm
Meanwhile there is an online backlash growing that “Star Wars VII” will only be screening in Imax 70mm in 11 US states (not including Washington DC) and one Canadian province. By way of comparison, “Interstellar” opened on four times as many 70mm screens. In total “Star…
China Cinema Digest – Thursday 3 September 2015
Wanda Cinema Line has signed a major deal with Christie Digital to deploy the latter’s projectors and audio solutions in its cinemas. The deal covers Christie’s 2K and 4K digital cinema projectors, Christie 6P laser projectors and Christie Vive Audio solutions, which will be installed ac…
China Cinema Growth Slows Dramatically
New data released by Ent Group shows that while the growth of cinemas in China continued in the first half of 2015, the pace of growth is slowing significantly. According to Ent Group the first six months of 2015 saw an addition of 600 new cinemas with 2,449 screens, putting the total in China atRea…
Insider Trading Questions Raised About Wanda’s Shimao Acquisition
Chinese shares have taken a major plunge in the past few weeks, including those of Wanda Cinema Line Co., which in response promised to expand and acquire aggressively in a move to defend its share price. Yet questions are now being raised about one Wanda’s most recent acquisitions in China, w…