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NEWS

Nordic Cinema Group

Daily Cinema Digest – Wednesday 4 March 2015

No sooner has Odeon reminded the world that it is (still) for sale then Vue lets slip that it is interested in buying Nordic Cinema Group. British cinema operator Vue Entertainment is preparing a bid for Nordic peer Nordic Cinema Group, majority-owned by listed Swedish private equity firm Ratos, The…

Ana Cláudia Medina of DECO

Breaking News: Police Find More Stolen Digital Cinema Equipment Belonging To Quanta DGT

It may be proving easier to steal 121 auditoriums worth of digital cinema equipment than it is to actually hide or fence the stolen devices. Early Monday morning Brazilian law enforcement discovered a warehouse in Campo Grande, Brazil filled with some of the digital cinema equipment stolen from Qua…

Hollywood Silver Cinema

The Silver Secret of Korea’s Most Successful Cinema

Most multiplexes in South Korea see occupancy of just 20% to 30%, but one cinema has figured out the secret of selling out almost every show. It is a model that is now spreading all across Korea as other cinemas jump on the trend. It is also one that will have increasing relevance in Japan,Read More

Daily Cinema Digest – Monday 2 March 2015

3D equipment maker Volfoni is looking to capitalise on many of RealD’s 3D lease contracts coming to an end in the next 12-24 months by ramping up production capacity in China and France. After just 15 months since its launch at CineAsia 2013, the SmartCrystalTM Diamond has been the number one…

National Cinemedia

Daily Cinema Digest – Friday 27 February 2015

US advertising major National CineMedia has published its quarterly and full year results. Q4 was up slightly but the year as a whole was down, in line with box office. Total revenue for the fourth quarter of 2014 increased 0.3% to $123.1 million from $122.7 million for the comparable quarter last y…

Odeon for Sale

UK’s Odeon For Sale Again – Third Time the Charm?

Private equity group Terra Firma has announced that UK/European cinema chain Odeon & UCI Cinema Group (Odeon for short) is for sale. The merged exhibition operation failed to attract bidders willing to match the asking price in both 2011 and 2013 but Terra Firma’s chair Guy Hands is hoping…

China Daddy Trip

China Cinema Digest – Thursday 26 February 2015

The box office over Chinese New Year (CNY), traditionally always strong and devoted to domestic blockbusters, was up significantly this year to 350 million yuan (USD $56 million). The reason is attributed to the growth in the number of screens, which is set to cross 25,000 by early March. Single-day…

Box office 2015

Daily Cinema Digest – Wednesday 25 February 2015

Cinemas in North America are on track for a record year, with share prices of the major exhibitors already reflecting this box office optimism. Analysts expect that box-office revenue this year in the United States and Canada will soar past $11.5 billion, outpacing the record $10.9 billion set in 20…

AMC recliner seats

AMC’s Premium Recliner Seating Plans Revealed

A week after Regal announced that it plans to convert 25% of its screens to luxury seating, AMC has provided details about its plans for reseating. While the Chinese-owned exhibitor is not committing to a particular screen percentage target, the ambition is great for the cinema chain that in many wa…

Imax

Daily Cinema Digest – Monday 23 February 2015

Imax’s quarterly earnings were down slightly, but ahead of Wall Street’s expectations. The company said that it is focusing on international expansion and expects to cross 1,000 screens this year. IMAX Corporation signaled that international markets will be an ongoing focus in the years…