Wanda Cinema Line had already planted its flag in the United States by acquiring the country’s second largest exhibition chain, AMC Entertainment, and now the Chinese company is entering the Australian market with an identical business move, snapping up Hoyts….
The UK CEO of Lionsgate has suggested cinema ticket prices should be lower for (small) British films than for (big) Hollywood blockbusters. This has been suggested before, but always met with resistance. Rather than Brit films becoming cheaper, expect big…
Variety reports that Australian exhibitor Hoyts’ IPO has been called off. The flotation had been expected to value the company at up to A$900 million ($773 million) in a pre-Christmas sale handled by investment bank UBS. The sale process was…
Last week’s big news was the announcement that UK/European exhibitor Vue had acquired Italian cinema chain The Space. Having previously expanded into Germany and Poland, this was a vote of confidence in the troubled south European market – though The…
Event Cinema The Telegraph (UK) has a long and detailed appreciation of what goes into the Met Live event cinema productions, both from an artistic and technical perspective. The technical proficiency is breathtaking. Each transmission uses 10 to 12 high-definition…
It may seem paradoxical, but while 2013 was a bad year for films in terms of growth, it was an excellent year for cinemas. Even with a strong summer at the box office, 2013 was flat or even down compared…
A self-professed computer nerd in Shanghai who broke up with (or was dumped by?) his girlfriend last year is making V-Day plans difficult for romantically inclined cinema visitors. “Couples looking to enjoy a romantic Valentine’s Day at one Chinese cinema…
UK/Irish cinema screen advertiser Carlton Screen Advertising (CSA) is officially in the chopping block with the most likely buyer being Pacific Equity Partners, which bought the exhibitor Australian cinema chain Hoyts last year. Having once been the biggest and most…
Australian exhibitor Hoyts has been sold to Pacific Equity Partner in a defeat to India’s Pyramid Saimira Theatre, which had pursued the deal aggressively. James Packer’s Publishing & Broadcasting Ltd. and West Australian Newspapers Holdings Ltd. are reported to have…
The latest from Publishing & Broadcasting’s imminent sale of Australian cinema chain Hoyts is that the field of candidates is now down to two suitors. Sydney buyout firm Private Equity Partners is down to the wire against India’s Pyramid Saimira…
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