Pathé Netherlands Suspends Two Top Executives

Dutch exhibition major Pathé Netherlands has suspended Managing Director Dertje Meijer and Finance Director Edwin Slutter effective immediately. Both the nature and the timing of the announcement came as a surprise to the industry. No specific reason was given for the…

Pathé Buying Out Gaumont Signals Further Cinema Consolidation

Gaumont is selling its 34% stake in the cinema chain Les Cinémas Gaumont Pathé to majority shareholder Pathé for around EUR €380 million (USD $400 million). The circuit has 108 cinemas with 1,076 screens across France – where it is the…

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