Business

Ymagis, CineTech to Launch CinemaNext North America

Wed, 04/12/2017 - 12:41 -- Nick Dager

Ymagis Group announced today that it has agreed with Dallas-based CinTech to form a new, full-service exhibitor services company in North America. Under the terms of the agreement and subject to the fulfillment of conditions precedent, a new company, CinemaNext North America, will be created with Ymagis Group acquiring a 75 percent stake and CinTech the remaining 25 percent. CinemaNext North America will be managed by industry veteran Stan Hays. Both parties intend to start operations during the second quarter of the year

Ymagis Group Reports 2016 Fiscal Results

Wed, 04/05/2017 - 12:43 -- Nick Dager

Ymagis today reported its consolidated financial results for the 2016 fiscal year, ending December 31, 2016, as approved by the Group’s Board of Directors following its meeting April 4, 2017. In 2016, Ymagis Group maintained its strong growth momentum, reporting revenues up by +13 percent at €178.2 million, primarily due to the acquisition of businesses completed both in 2015 and 2016.

VIP Cinema Seating Expands

Thu, 03/23/2017 - 13:00 -- Nick Dager

VIP Cinema Seating has expanded its manufacturing facility expansion giving the company the capability to produce 2,000 luxury cinema seats per day. Like the four major facilities expansions that came before it, this fifth expansion within eight years, comes in response to dramatically burgeoning demand as exhibitors across the world are recognizing the value of luxury seating in the cinema-going experience. Since VIP introduced the concept of luxury reclining seating to the theatre industry in 2008, the company has completed over 500 custom cinema projects worldwide, finishing 2016 with a 44.2 percentage increase in overall shipments.

EclairPlay Connects Exhibitors, Content Owners

Tue, 03/21/2017 - 11:29 -- Nick Dager

Éclair today announced the launch of EclairPlay, its new all-in-one download platform connecting exhibitors and content owners around the world. The EclairPlay platform is designed for cinema exhibitors, providing access to a growing range of digital cinema package content available for download and projection as well as to all tools and content marketing material necessary for successful programming and audience building.

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