Cinema News Digest – Monday 20 November 2017

Paramount VR ‘cinema’; Bloomberg’s Q3 summary; CGR buys Cap’Cinema; Cinefamily to close after scandals; first cinema to boycott ‘Star Wars VIII‘; PVR expands VKAAO; re-birth of community cinemas in UK; single screens cling on in UAE; Bernadette McCabe joins MoviePass;…

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…

CJ CGV Plans to List its Foreign Subsidiaries

South Korean cinema major CJ CGV is set to stock market list its overseas cinema operation according to reports in Korean financial media. According to ChosunBiz CGV will begin with an initial public offering (IPO) of its Vietnamese subsidiary in…

UK & IE Cinema Property Update – 16 November 2017

Dublin’s Stella re-opens; Cineworld Weston-super-Mare opening delayed but Leeds opens this week; Curzon Westgate Oxford delayed; Empire in Poole’s Dolphin Centre; Everyman Oxted re-opening and hiring; The Light in Bradford delayed but Stockport on track; Majestic scraps expansion; Odeon Glasgow Quay…

Send this to friend