Mergers & Acquisitions Archives - Page 3 of 4 - Celluloid Junkie

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NCM-DoJ-Screenvision

NCM-Screenvision Call Off Merger – Winners and Losers

Now the general who wins a battle makes many calculations in his temple ere the battle is fought. The general who loses a battle makes but few calculations beforehand. – Sun Tzu, The Art of War, I-26 The proposed merger between US cinema advertising majors National CineMedia (NCM) and Screenvi…

Why Arts Alliance Media Sold Its Content Services Business

Last week the digital cinema market continued its predicted consolidation when Arts Alliance Media (AAM), the London based cinema integrator and software developer, sold off its content services business to Motion Picture Solutions (MPS). Founded by managing director Ian Thomas and also based in Lon…

Murray Holdaway, Bert Huls and Mathieu van As

Vista Continues Strategic Growth and Diversification With Stake In MACCS

One of the more important stories to come out of this year’s CinemaCon is one that didn’t even get announced until more than a week after the show ended. By then anyone who follows such news was already well aware that the cinema exhibition software firm Vista Entertainment Solutions had…

Dolby Acquisition of Doremi Makes Perfect Sense – Here’s Why

The motion picture industry jump started their week with the surprising news that Dolby Laboratories, Inc. had reached an agreement to acquire Doremi Labs, a leading manufacturer of professional audio visual equipment, for USD $92.5 million in cash. The deal also includes a four-year earn out of USD…

Cineworld’s Me-Too Eastern Expansion Comes At A Price

UK’s publicly listed exhibitor Cineworld is expanding into Central Europe through £503 cash and equity deal for Warsaw-listed Cinema City International (CCI), which will make it the second largest chain in Europe after Odeon UCI. The deal signals a strategic shift for Cineworld after a small domesti…

Tim Richards of Vue Entertainment

Canadian Investors Double Down With Purchase of Vue Entertainment

There is an old proverb popularized by the 19th century English writer W. E. Hickson that states “If at first you don’t succeed, Try, try, try again.” It seems Alberta Investment Management Corp. (AIMCo) and OMERS Private Equity – the investment division of Ontario Municipal…

Cinema City Grows With Palace Cinemas Acquisition

Earlier this month Israeli based Cinema City International became the third largest theatre chain in Europe when they acquired Palace Cinemas. The deal includes 8 multiplexes in the Czech Republic, 4 multiplexes in Hungary and 3 multiplexes in Slovakia. This gives CCI an additional 141 screens and m…

Digital Domain Gets Dimensionalized With Acquisition Of In-Three

How important is 3D to the entertainment industry or is it just another fad? It’s a question that up until the release of “Avatar” was asked at every trade show and industry conference. But if anyone is still questioning the future of 3D in Hollywood, Thursday’s announcement…

Private Equity Firm Acquires U.K.’s Vue

Late last week Vue Entertainment, the United Kingdom’s third largest movie theatre chain, was sold to a private equity firm. Doughty Hanson & Co. will reportedly cough up GBP £450 million (USD $730 million) to take over the circuit. The news was picked up primarily by business and trade pu…

Hoyts Expands With Acquisition Of AMC

Last week Hoyts Cinemas announced that it had reached an agreement for an undisclosed sum to purchase privately owned Australian Multiplex Cinemas (AMC). Based in Sydney, Hoyts presently operates 50 cinemas with 406 screens throughout Australia and New Zealand. After taking over the five multiplexes…