Mergers & Acquisitions Archives - Celluloid Junkie

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Secret Cinema - Moulin Rouge!

Secret Cinema Sale Set to Enable Expansion

London-based immersive cinema experience company Secret Cinema has been sold to US mobile ticketing platform TodayTix Group for a reported GBP £88 million (USD $100 million). The sale is set to enable the operation to expand internationally with permanent bases in London and Los Angeles. The deal wi…

Vue West End Reopening - Marquee and Exterior

Vue Creditors to Take Control of the Cinema Operator

Vue International is said to be close to an agreement that would see a significant proportion of its debt converted to an ownership stake by its largest credit holders. The third biggest cinema chain in the United Kingdom and Europe is said to be close to a GBP £1 billion (USD $1.182 billion) recapi…

Chinese $450m Cinema Merger Points to Recovery

Chinese cinema operator Hengdian Film and Television (known as HG Entertainment) looks set to become the country’s second largest operator, following a proposed Shanghai Xingyi Cinema. This is the first large-scale merger and acquisition in China since the start of the pandemic, and points to…

Vue CineStar CinemaxX Germany Tim Richards (Celluloid Junkie)

Vue Catches Falling CineStar in €200m+ Deal

The announcement earlier this morning that Vue International is acquiring Germany’s CineStar chain from Australia’s Event Hospitality & Entertainment (Event or EVT) caught the European cinema industry by surprise. It shouldn’t have. Not because all parties had not done a good j…

Carnival Cinema, PVR and Cinepolis India all target Gulf (image: Celluloid Junkie)

Carnival Acquisition of Novo Highlights Indian Cinemas’ Global Ambitions

India cinema operator Carnival Group has signed a definitive agreement with Qatar-based Elan Group to acquire its 100% stake in Novo Cinemas. While financial details were not disclosed it is estimated to be in the region of INR 500-690 crore (USD $75-100 million). The deal marks a ramp-up of Indian…

Media Forecast 2018 Celluloid Junkie

Celluloid Junkie’s 2018 Cinema Predictions

2017 was an eventful year for the film and cinema business and 2018 promises to be even more so. So the Celluloid Junkie editorial team has gazed into the crystal ball to see what’s ahead. Here is a list of possible scenarios in the new year, as foreseen by our top contributors Jim Amos (JA),Read Mo…

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

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…

AMC Town Square 18 Las Vegas sign. (photo: Patrick von Sychowski - Celluloid Junkie)

AMC Q1 Lifts Lid on Carmike, Odeon & NCG Integration

AMC has published its Q1 2017 figures and profits are down but revenue is up at the world’s biggest cinema chain. The 67.5% growth in turnover had a lot to do with including Carmike, Odeon and (four days of) NCG revenue, but it is the earning call transcript that provides the most fascinating…