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CGV Cinemas, South Korea

Korean Cinemas Profitable at Home But See Overseas Loss

The latest figures from Korea’s largest cinema operators highlights an uneven recovery across Asia but a slow return to profitability in their home market. While CJ CGV saw a year-on-year decrease for the second quarter of 2022, Lotte’s cinema operation returned to profit for the first t…
Imax Shanghai

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…
Regal cinemas

Concessions and Re-seating (Not Films) Give Regal Strong Q3

USA (TN) – Regal Entertainment Group, the biggest cinema operator in the US, has reported third quarter financial year 2015 figures, which were slightly above expectations thanks to strong concessions sales. Total revenue was up by 4.5% year-on-year to USD $725 million, but net income was down…
Cinema stocks

Cinema Earnings Digest – Tuesday 12 May 2015

This is an overview of recent earnings announcements and quarterly results of US cinema related companies from the last few weeks. This is not a review of ALL the cinema companies that released result, but only some of the more notable ones. (And, yes, I know Imax is Canadian.) Regal  Regal’s…
Ymagic d

Ymagis FY’14 Results Reflect European Cinema Market

The pan-European cinema integrator and service provider has released financial results for the fiscal year 2014. While the company merged with Belgian-based digital cinema operator dcinex in October, the results are for Ymagis’ operation alone, with the joint results published separately. The…
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…
RealD Founders Michael Lewis and Josh Greer

Why RealD is For Sale and Who Would Want to Buy It

Following a disappointing Q3 RealD has revealed that it has appointed investment banker Moelis & Co. to “explore a full range of strategic alternatives available to the Company”, which as Bloomberg notes is “language that typically means a company is seeking a buyer.” So…
Wanda logo

Wanda Cinemas Announces 2014 Figures & AAM Tech Deal

Wanda Cinemas has published its first post-IPO figures for they whole of 2014 and they show overall growth in the number of screens and box office, though the exhibitor’s market share has slipped somewhat. Win Business Network reports that: Wanda Cinema’s 2014 box office revenue was 4.21…
RealD logo

Quarterly Results: RealD (Good) and NCM (Not)

We are coming to the end of the current season of quarterly financial results, with RealD and National CineMedia, Inc announcing their respective Q1 2015 and Q2 2014 results. One is good and the other one not so good. Starting with 3D technology licensing company RealD, the figures should please inv…
AMC Theatres - Wanda Logo

AMC Q2’14 Results: Revenue Down But Focus On Re-Seat, Imax, AMC Prime, F&B and Internet Ticketing Steady

AMC has released its quarterly figures and it was a dark cloud but with a silver lining. Revenue was down nearly five per cent (4.7%), dragged down by a 7.1% drop in admissions and despite average ticket price being up to an average of USD $9.55, with Imax and F&B (food & beverage, i.e. conc…
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