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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…

Cinema News Digest – Tuesday 7 November 2017

Dear Junkies, Tomorrow Wednesday we will attempt a LIVE streaming on Celluloid Junkie’s Facebook page: ‘Like’ Celluloid Junkie on Facebook to watch me give a presentation at 10:15 AM CET on ‘Global Cinema 2017 – from AMC to Zuckerberg‘ at the Film & Kino confe…

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…

Striking UCI staff. (photo: Ute Gabriel / Der Westen)

Cinema News Digest – Thursday 2 November 2017

Dear Junkies, Strikes at UCI and Picturehouse makes us wonder what employees think of working at cinemas. Rather than putting that awkward question to the teen serving you popcorn before the next showing of “Thor Ragnarok”, you can find out through websites like Glassdoor.com or Indeed.c…

Regal Cinemas and Atom Tickets

Some Advice For Regal Cinemas On Dynamic Movie Ticket Pricing

During Regal Entertainment Group’s third quarter earnings call last week, while financial analysts grilled the company’s senior management on box office projections, EBITDA and the ROI of reseating multiplexes, CEO Amy Miles addressed two tangential subjects which received their fair share of media…

Emperor Group's Lan Kwai Fong cinema. (photo: The Standard)

Asia Cinema Property Update – October 2017

China/HK: luxury Central cinema; India: L&T’s Hyderabad Next multiplexes, Mukta Arts in TN, PVR Chanakya, Cinépolis Guwahati; Japan: Tokyo Midtown Hibiya Toho, Aeon Chofu; Kazakhstan: Astana; Malaysia: GSC Megawati Mall; Pakistan: Cinepax in Silakot; Singapore: Golden Village Paya Lebar; U…