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Z Storm

China’s Multiplexes Are Headed For a Crash – Statistics Show Why

Just 15%. Remember that figure as you listen to Hollywood representatives and trade press falling over themselves to laud the growth of Chinese cinemas. At this year’s CinemaCon MPAA’s Chris Dodd marvelled at China’s USD $3.6 billion box office in 2013, representing a year-on-year…

NCPA Turandot

China Embraces Event Cinema With ‘Turandot’ and 3D ‘Farewell My Concubine’ (CJ EXCLUSIVE)

China’s two major opera houses are joining the ranks of distinguished institutions like the Met Opera and the Royal Opera House with the first recordings and screenings of their operas. Beijing’s National Centre for the Performing Arts (NCPA) recording of Puccini’s Turandot opened…

Chinese and american cinema audiences

America’s Greatest Cinema Export to China Is Under Threat (Not Movies, Popcorn)

Could Chinese authorities be about restrict imports of the quintessential multiplex staple imported from the United States? No, we are not talking about movies or Hollywood; the greatest American export success to Chinese cinemas does not come from California but from the fields in Nebraska. Differe…

Imax China

Daily Cinema Digest – Tuesday 8 April 2014

Imax is to sell 20% of its China business to two Chinese-based entities in return for USD $80 million and a firmer foot hold in the world’s soon-to-be largest cinema market. IMAX Chief Executive Richard Gelfond said in an interview that investment fund China Media Capital and private-equity fi…

Black coal, Thin Ice

Daily Cinema Digest – Wednesday 2 April 2014

The emergence of China as the world’s second largest cinema territory after US comes as news to precisely no one. Interestingly recent Hollywood films like RoboCop and Need for Speed have earned more at the Chinese box office than in North America, helped in no small part by their 3D release.…

Wanda breaks RealD embargo

BREAKING NEWS: Wanda Breaks Embargo on Deal For 780 New RealD 3D Installations

CELLULOID JUNKIE EXCLUSIVE: It seems that China’s Wanda – the world’s biggest cinema operator and owner of American multiplex chain AMC – has broken its own embargo on an announcement for an expanded deal with 3D vendor RealD. It looks like this deal was set to be announced o…

China 3D audience

Daily Cinema Digest – Fri/Sat 14-15 March 2014

While India is interesting as a cinema market (see yesterday’s Daily) it is China that matters as far as Hollywood is concerned, with Mainland BO set to overtake the US in as little as four years. So domestic Chinese cinema news is of international importance and with multiplexes approaching…

RoboCop’s 3D Success in China Spells Trouble for Imax

The 10-day haul of RMB 76.3 million (USD $42 million) of RoboCop in China spells major challenge for Imax, as it affirms the arrival of its biggest potential rival on the large format (LF) and 3D scene in China and possibly beyond. Much like Robocop vs. Enforcement Droid Series 209 in the original f…

Daily Cinema Digest – Friday 28 February 2014

Secret Cinema‘s Grand Budapest Hotel throws open its doors in London… UK and Ireland get drive in cinemas (both showing Grease)… Chinese crack-down on ticket fraud… Brooklyn’s oldest independent cinema goes Indigogo for digital… Some news from Germany… Learn…

Imax Corporation Share Price

Will China Spoil the Party for IMAX in 2014?

Who doesn’t wish that they had bought IMAX stocks in 2001? Back then the once-great large format film company had been reduced to a penny stock on the back of US cinemas filing for Chapter 11 bankruptcy protection to get out of expenses leases and also costly contracts with IMAX. Digital was j…