Ymagis Group Acquires DSAT Cinema
In one of the biggest deals in the emerging digital cinema business, the Ymagis Group has acquired Eutelsat’s 50.2 percent stake in DSAT Cinema and now, effectively, controls the company.
Business
GDC, Dolby Resolve Lawsuit
GDC Technology and Dolby Laboratories have reached an agreement to resolve the litigation filed by GDC against Dolby.
ECA Launches Global Initiative
The Event Cinema Association has launched a new initiative with its members to help raise the profile of the Event Cinema industry worldwide. The newly-formed ECA Advisory Committee includes nine members and four ECA staff members from the exhibition, distribution, public relations, marketing, cinema services and satellite transmission industries and aims to address some of the key issues that face this growth market in order for the sector to continue to flourish.
Ymagis Group Outlines Strategic Goals for Growth
Ymagis Group has released its three-year strategic plan, Perform 2020. Following a build-up period that saw revenue quadruple since Ymagis’ initial public offering in 2013, the group is setting the framework for a new profitable growth phase based upon the rationalization of its organizational structure and services offer as well as innovation and international expansion.
The Show Must Go On
If the Hollywood studios want to thrive in the era of Google, Amazon, and Netflix, they are going to have to think differently about communicating with their customers. In order to do that, they are going to have to make gathering and analyzing data on customers a priority. Consider the instructive story of how Steve Jobs revived Apple and transformed it into one of the most successful businesses in the world. The story in general is well known, but we’d like to focus on one aspect of it that gets less attention than it should: how Apple used connections with customers and data on customers to turn itself around.
Fandango Adds ArcLight Cinemas
Fandango has expanded its ticketing coverage in Southern California, Chicago and Washington, D.C. by adding ArcLight Cinemas.
IFP Week Makes Moves
After 37 years in Manhattan, the Independent Filmmaker Project’s Film Week is moving across the river to Brooklyn. The event will set up shop in DUMBO anchored around its headquarters, the Made in NY Media Center By IFP. Film Week will run September 17-22. The IFP has also expanded to support television, digital, web, virtual reality and app-based series at its upcoming IFP Film Week. Series showrunners and creators will take part in the IFP Project Forum, the only international co-production market in the U.S. featuring stories for all platforms
Report on Scandinavian Cinema Industry Released
Research and Markets has announced the addition of the Cinema Industry Research – Scandinavia report to their offering. The countries of Scandinavia and the Baltic region have very different cinema markets with attendance rates ranging from among the lowest in Western Europe to the highest in Iceland, and some potentially fast-growing markets in the Baltic States.
Rohde & Schwarz Announces Reorganization
In November 2014, the Rohde & Schwarz Broadcasting Division was renamed Broadcast and Media Division. This emphasized the company’s growing commitment in the studio market as well as the expansion of its product portfolio across the entire value added chain. What the company calls the next logical step is now taking place with the complete integration of the Rohde & Schwarz DVS GmbH subsidiary into the parent company. "We have had a common vision for a long time. Now we have merged perfectly to continue on our successful path," said Juergen Nies, head of the division.
AMC Making Bid for Odeon & UCI Cinemas?
Bloomberg News is reporting that AMC Entertainment is assembling a bid for Odeon & UCI Cinemas Group valuing the European company at as much as 900 million pounds ($1.3 billion), according to two people familiar with the matter.
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