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NEWS

Daily Cinema Digest – Friday 4 December 2014

With Hoyt having called off an IPO of its exhibition business earlier this year, there is now speculation that it could be sold to a private equity investor instead. Sydney-based Pacific Equity Partners is negotiating to sell the Hoyts chain – with 483 screens in Australia and New Zealand…

Billy Elliot

Daily Cinema Digest – Wednesday 1 October 2014

Event cinema has a new hero and his name is Billy Elliot, having grossed more on the day it beamed than The Equalizer, the highest grossing film. Universal’s live stream from London’s Victoria Palace Theatre last night [Sept 28] danced its way to an extraordinary $3.1m (£1.904m), setting a new recor…

Iosono lab

Daily Cinema Digest – Wednesday 24 September 2014

Barco is doubling down on its immersive audio efforts by hiring away IOSONO’s audio team and setting up what is now called Barco Audio Technologies [BAT?]. This could potentially mean moving away from a dependance on the Auro brand and Auro Technologies partnership, though the latter is quoted…

Daily Cinema Digest – Tuesday 9 September 2014

‘AMC Is A Ticking Time Bomb’, Seeking Alpha’s article headline yells. Not quite as dire, but it does raise some pertinent questions about AMC’s long term financing. No mention of the summer slate of 2015 but just a penetrating look at the underlying profit, margin, borrowing,…

Daily Cinema Digest – Monday 1 September 2014

China (PRC) – Korea’s CGV is expanding aggressively in Mainland China. With its latest opening in Chengdu the city now has more Imax screens than any other in China. In “5 yuan fare” era, the price war to Chengdu nationally known film market, as yesterday, the Korean CGV Star…

AMC Imax

Daily Cinema Digest – Wednesday 20 August 2014

AMC and Imax have signed a deal to deepen their business ties. What this signifies is that AMC and Wanda Cinemas, while technically different companies (though with shared ownership) are increasingly becoming indistinguishable with regards to cinema business policies. I bet they even buy popcorn ker…

AMC Q2’14 Results: Revenue Down But Focus On Re-Seat, Imax, AMC Prime, F&B and Internet Ticketing Steady

AMC has released its quarterly figures and it was a dark cloud but with a silver lining. Revenue was down nearly five per cent (4.7%), dragged down by a 7.1% drop in admissions and despite average ticket price being up to an average of USD $9.55, with Imax and F&B (food & beverage, i.e. conc…

ADA headline

Daily Cinema Digest – Wednesday 30 July 2014

Guidelines have now been published for what American cinema need to do to comply with disabilities and access regulation, or, ‘Notice of Proposed Rulemaking Under Title III of the ADA to Require Movie Theaters to Provide Closed Movie Captioning and Audio Description’. This is a major hot…

AMC Fork&Screen

Daily Cinema Digest – Thursday 5 June 2014

Don’t go short on AMC! If you only read one cinema-related article this week (other than one of ours) make it this one. Heck, forward or print it out and give it to your colleagues. This is one of the best pieces of analysis that I have read about any exhibitor in a very longRead More

Wanda cinema

What Wanda’s IPO Prospectus Tell Us About China’s Cinema Market

No less than 30 Chinese companies are looking to list on US stock exchanges this year, led by Internet giants such as JD.com and Alibaba. The reason for choosing the likes of Nasdaq is because unlike their Chinese counterparts they don’t require three years of profitability as well as US regul…