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NCM’s Acquisition of Screenvision Is Hard To Fathom

To say the announcement of National CineMedia’s acquisition of arch-rival Screenvision stunned the cinema industry would be an understatement, even though the deal had been anticipated for some time. Within the cozy confines of the cinema advertising industry this outranks deals like Dolby b…

Ice Man 3d

Daily Cinema Digest – Tuesday 6 April 2014

Is the air going out of the Chinese cinema business already? You wouldn’t think so from the strong opening numbers that The Amazing Spider-Man 2 delievered, opening on close to 40% of all Mainland screens this past weekend. The problem is what took place before, during the May Day/Labour Day h…

Wang Jianglin, chairman and founder of Dalian Wanda Group

Daily Cinema Digest – Monday 28 April 2014

China: The Wall Street Journal notes that the imminent Wanda Cinemas IPO is very much a Wang family affair. Here are some takeaways from the company’s IPO prospectus: -China’s largest cinema chain takes a dim view of the domestic movie industry. In the risk factors section, the prospectus note…

ABC Brussels cinema

Daily Cinema Digest – Tuesday 22 April 2014 (post-Easter Bumper Issue)

Belgium: Save the Brussels ABC! One of the last 35mm adult film cinemas in the world closed last year when the ABC in Brussels shut its doors. There is now a campaign to save it and turn it into an art-house cinema with exotic flare. You can donate by PayPal. The campaign is 47% towards itsRead Mo…

Daily Cinema Digest – Wednesday 5 March 2014

The issue of sound levels in cinemas is increasingly becoming a legislative issue. Not long after rules limiting cinema sound were introduced in the Belgian region of Flanders, legilsators in the US state of Connecticut look set to follow. Movie cinema executives are urging lawmakers to oppose a bil…

Ispwich Odeon

Daily Cinema Digest – Wednesday 29 January 2014

UK: Fancy going up against not one but THREE cinemas in Ipwich? If so then you are in luck, because the original £1m asking price just halved. “The former Odeon cinema at the junction of St Margaret’s Street and Woodbridge Road was built in 1991 but closed in August 2005. It had become unable…

Romeo and Juliet

Daily Cinema Digest – Monday 27 January 2014

USA: The New York Times looks at the business of event cinema for Broadway, noting that with a few exceptions, “Broadway has shied away from this booming phenomenon, which could represent a new revenue stream (it certainly has for the Met) or at least a potent new marketing tool.” By Ex…

Travis Reid Departs DCIP To Head Up Screenvision

[/caption] Last Thursday Digital Cinema Implementation Partners (DCIP) announced that Travis Reid, their CEO, had resigned. That same day on-screen advertising giant Screenvision announced that Shamrock Capital Advisors, a private equity fund founded by the late Roy Disney, had finalized the $160 mi…

Booming U.S. Box Office Makes Headlines

[/caption] These days, with the global economic crisis at full force dominating headlines, it seems mainstream media will jump on anything that even smells like positive news. So, it’s no wonder with North American box office earning a billion dollars in January and an additional US $800 million in…