India cinema operator Carnival Group has signed a definitive agreement with Qatar-based Elan Group to acquire its 100% stake in Novo Cinemas. While financial details were not disclosed it is estimated to be in the region of INR 500-690 crore…
Dear Junkies, It’s been a year since Samsung launched the first LED Cinema screen in Korea on 13 July. Today the projector-less Onyx screens can be found in eight countries and 12 multiplexes, with the latest in Traumpalast Esslingen in…
Dear Junkies, Nobody thinks that cinema concessions are cheap, but few of us would physically attack a multiplex staff over the price of popcorn. But that is what has now happened in India, where what was previously a fight in…
Dear Junkies, We have come to the half-way point for domestic (US and Chinese) and global box office, with the news being good all around. Ticket sales in North America are up more than 8% with over USD $6 billion…
IPO plans for CGV Vietnam; PVR’s Bijli in Panama Papers 2; Samsung Onyx coming to India; Ajay Devgn to open 100 cinema in one year (sic); Oh Kino/Cine Q/HappyCinema challenge incumbents in Korea/Poland/Romania; UCI Kinowelt Potsdam first to get recliner treatment;…
Dear Junkies, This week children burnt to death in a cinema where they had gone to watch “Sherlock Gnomes”. 11-year old Viktoria Pochankina called her aunt to tell her that her school-class was trapped in the cinema auditorium and everything…
Saudia Arabia issues cinema licences; Lotte to spin off cinemas; US $1bn BO February; Samsung Cinema LED insights; Cinemark Movie Club 120K member; Vue’s Tim Richards interviewed; Indian cinema growth; VPF revolt in south India; Côté Cinema becomes BoxOfficeFrance; MoviePass CPO…
Dear Junkies, Cineworld’s shareholders have approved the USD $3.6 billion merger with Regal, something that was never really in doubt given that the largest voting share (29%) is controlled by the Greidinger family that proposed the merger. In the end…
2017 US BO off by one animated hit; UK box office record; CEO PVR Bijli settles ‘out-of-court’; CGR now France’s largest circuit; US ‘bomb cyclone’ could freeze BO; Nollywood cracks UK Top 10; bringing food into cinemas in India; Newcastle’s…
Dear Junkies, Cineworld’s purchase of Regal is a bit like a python swallowing a goat – it can be done, but the initial result will be more goat than snake-shaped. Once investors and analysts had time to digest the proposed…
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