Cineworld Archives - Page 14 of 15 - Celluloid Junkie

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Cineworld’s Me-Too Eastern Expansion Comes At A Price

UK’s publicly listed exhibitor Cineworld is expanding into Central Europe through £503 cash and equity deal for Warsaw-listed Cinema City International (CCI), which will make it the second largest chain in Europe after Odeon UCI. The deal signals a strategic shift for Cineworld after a small domesti…

Private Equity Firm Acquires U.K.’s Vue

Late last week Vue Entertainment, the United Kingdom’s third largest movie theatre chain, was sold to a private equity firm. Doughty Hanson & Co. will reportedly cough up GBP £450 million (USD $730 million) to take over the circuit. The news was picked up primarily by business and trade pu…

Cineworld Revenue Boosted By 3D Blockbusters

Despite much of the world suffering from economic recession Cineworld seems to be having a banner year. Yesterday the United Kingdom’s second largest theatre chain reported that total revenues were up 8.5 percent since the beginning of the year. Cineworld’s success is spurred on by 8.3 p…

Heavy Metal Heavy Weights Hit The Big Screen

[youtube width=”640″ height=”385″]http://www.youtube.com/watch?v=KUrhJB0_j5Q[/youtube] If you’re into heavy metal music then you’ll be happy to hear that some of the world’s biggest head banging bands will be playing live at a theatre near you. On Tuesday, J…

Arts Alliance Lands Cineworld and €50 Million Funding

With the start of Cinema Expo International only a week away Arts Alliance Media wasted no time in throwing down the gauntlet for major announcements at this year’s event. Earlier today AAM, one of Europe’s leading digital cinema deployment entities, made public two important deals they…

Daily Cinema Roundup – Friday 1 May

– UK exhibitor Vue has bold expansion plans for London, announced as part of the tie up with retail property group Westfield and build a total of eight sites by 2011, with two ‘crown jewel’ sites in London. From THR.com, “Vue Entertainment CEO Tim Richards said the site at Lo…

Daily Cinema Roundup – Thur 23 April

– Cinema box office “is performing well despite the bad economy — not because of the bad economy,” according to a new survey published by Nielsen. Perhaps no surprise that it found that cinema was still considered a good value proposition, even in these tough economic times,…

Largest UK Cinema Chain Picks Vendors for 3D While Snubbing Third Party Integrators

The UK’s largest exhibitor Odeon (formed through the merger with UCI) has selected Real Image‘s Qube server and projectors from NEC to extend the company’s digital cinema and (particularly) digital 3D reach. From the Qube press release: Odeon and UCI Cinemas Choose Qube Servers Qub…

Odeon/UCI Inks Deal with Real D for 500 3D Screens

During a presentation at ShowEast on Wednesday to demonstrate their industry leading 3D digital cinema technology, Real D announced that it had reached an agreement with Odeon/UCI, the largest exhibitor in the United Kingdom, to install upwards of 500 3D digital screens. The 3D systems will be deplo…

Cineworld Goes 3D with Real D

Cineworld Group PLC announced on Tuesday that it has signed a deal with Real D and that the 3D technology will initially be deployed in 30 of its 72 theater locations, starting with the November 16th release of ‘Beowulf‘. In their press release announcing the agreement, Cineworld also hi…