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…

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…

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…

BREAKING NEWS: Korea Multiplex sells 20% Stake in Megabox

Korea Multiplex is selling 19.5% of its 50% stake in South Korean cinema chain Megabox to institutional investors for KWN 110 billion (USD $97.3 million). KB Asset Management and Shinhan BNP Paribas are buying 157,410 shares in South Korea’s third-largest cinema…

EXCLUSIVE: CJ Interviews Paul Donovan, former CEO of Odeon & UCI

Having turned around the fortunes of Odeon & UCI, the company’s CEO Paul Donovan stunned the cinema industry by announcing that he was stepping down shortly after the exhibitors’ sale to Wanda-owned AMC. After a period of well-deserved holiday, decompression and…

Which Cinema Chain Will AMC Buy Next?

With three one billion-dollar acquisitions in Europe in the timeframe of just ten months, AMC is by no means done with achieving Wanda’s goal of controlling 20% of global screen count. AMC’s Adam Aron has openly said that the world’s…

Why Vue’s Acquisition of JT Signals Merger Mania Ahead

Vue has acquired Dutch exhibitor JT Bioscopen in a deal valued at EUR €85 million (USD $97.5 million). The deal is significant in that it represents the first time Vue is acquiring purely for size rather than growth. It also…

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