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Curzon Ladywell cinema in Lewisham.

UK Cinema Property Update – Thursday 11 January 2018

Picturehouse loses Ladywell Playtower project to Curzon; Cineworld’s Weston-super-Mare ready to open (nearby Odeon drops prices); Everyman in old ABC in Tunbridge Wells, Cirencester and Lincoln’s Corn Hill hat-trick; The Light‘s funky Redrock cinema opens; Odeon Derby property sol…

UCI seating map dynamic pricing

Why Cinemas Are (Finally) Embracing Dynamic Ticket Pricing

The news that Germany’s UCI will roll out dynamic pricing to all of its 23 cinemas and 203 screens over the next five years marks the start of the embrace of dynamic pricing by the cinema industry. The fact that it comes the same week as Australia’s Village cinemas abandons its ill-conce…

CJ CGV CEO Seo

Korean Cinema Operators Look Abroad for Growth

South Koreas largest cinema operators are looking abroad for growth as the number of overseas cinema admissions overtakes that of Korea this year for the largest operator CJ CGV. Both CGV and Lotte have already a significant presence in several major Asian and European markets, but with domestic adm…

Cinemark MovieClub

CJ Analysis: Cinemark’s MovieClub Program Is All About Incremental Attendance Growth

Well that didn’t take long. When MoviePass reduced the monthly price of its unlimited moviegoing subscription this past August to the unbelievably low USD $9.99, we suggested that some of the major cinema chains might create their own versions of subscription programs. Earlier this week, Cinemark an…

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…

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…

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…

Cathay Cineplex Parkway Parade. (photo: Patrick von Sychowski / Celluloid Junkie)

mm2 Buys Singapore’s Cathay Cineplex for $169 Million

Media company mm2 has agreed to buy Singapore cinema chain Cathay Cineplex for S$ 230 million (USD $169 million). The move come less than a month after it failed to buy half of rival Golden Village. Cathay operates eight cinemas with 64 screens and 11,569 seats, including the recently opened Parkway…