Mergers & Acquisitions Archives - Page 2 of 4 - Celluloid Junkie

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Megabox cinema Seoul

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 operators. JContentree, which s…

Paul Donovan, CEO of Odeon & UCI at CineEurope 2016 (photo: Patrick von Sychowski / Celluloid Junkie)

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 introspection, Cellul…

AMC, Odeon & UCI and Nordic Cinema Group geographic footprint

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 #1 cinema chain will not shy away from bolt-on a…

AMC Odeon Nordic Carmike. (image: Celluloid Junkie)

AMC Buys Nordic Cinema Group for $929 Million – Here Is What You Need to Know

Wanda-controlled AMC has further expanded its global reach by acquiring Nordic Cinema Group (NCG) for SEK 8.25 billion (USD $929 million) in an all-cash deal, only a month after completing its acquisition of Carmike in the US and Odeon & UCI in UK and Europe. Nordic is the parent company of SF B…

Empire Cinema Leicester Square,

BREAKING NEWS: Cineworld Buys Empire Leicester Sq and More in £94m Deal

Cineworld's £94m acquisition of Empire Leicester Sq and four more sites has sent shockwaves through the UK cinema business, pointing to more consolidation.

JT Bioscopen Dolby Cinema

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 portents a consolidation of the global exhibition sector, with more mergers…

Wang Jinlian

Insider Trading Questions Raised About Wanda’s Shimao Acquisition

Chinese shares have taken a major plunge in the past few weeks, including those of Wanda Cinema Line Co., which in response promised to expand and acquire aggressively in a move to defend its share price. Yet questions are now being raised about one Wanda’s most recent acquisitions in China, w…

Wanda Acquires Hoyts

A Closer Look At Wanda’s Acquisition of Hoyts

Wanda Cinema Line had already planted its flag in the United States by acquiring the country’s second largest exhibition chain, AMC Entertainment, and now the Chinese company is entering the Australian market with an identical business move, snapping up Hoyts. Like AMC, Hoyts is the number two…

Techniluxe

Technicolor and Deluxe Joining Forces on Digital Cinema Spurs Industry Consensus

One of the biggest breaking news stories to come out of CinemaCon last week was the news that two of the world’s largest content service providers, Deluxe and Technicolor, have entered into an agreement to launch a joint venture focused solely on digital cinema. The announcement on Wednesday w…

Carmike Cinemas For Sale

Why Is Carmike Cinemas Suddenly For Sale?

Cinema operators seem to be putting themselves up for sale at such a rapid pace these days that anyone following the cinema exhibition space might believe the industry is in dire straits. It’s been nearly three years since Wanda purchased AMC Cinemas. Regal Entertainment put themselves on the…