MoviePass surpassed the mark of 600,000 paying monthly subscribers as of October 18, up from approximately 20,000 as of August 14, the day before MoviePass announced its new $9.95 per month subscription price. The continued growth trajectory exceeded MoviePass’ initial projections, and now MoviePass projects that it will acquire at least 3.1 million additional paying subscribers by next August, exceeding its previous estimate of 2.5 million subscribers.
The Guitammer Company and Moving Image Technologies have entered into a distribution agreement for sales of Guitammer’s ButtKicker Cinema System to select regional cinema exhibitors in North, Central and South America.
Fandango announced today it has signed a definitive agreement to acquire MovieTickets.com, the online movie ticket service for moviegoers in the United States, Canada, the United Kingdom, and Latin America. MovieTickets.com will join brands Fandango, Flixster, Ingresso and Fandango Latin America to create a suite of movie ticketing properties, serving hundreds of millions of moviegoers worldwide. The deal is subject to customary closing conditions and is anticipated to close in the fourth quarter this year.
Ymagis Group today reported its earnings and consolidated financial results for the first half year of 2017 ending June 30, as approved by the Group’s board of directors following its meeting on September 29. As of June 30, 2017, Ymagis Group’s revenues are slightly down by 1.5 percent at €82.3M compared to €83.6M for the same period last year. The strong acceleration in activities from the Eclair Business Unit, for which the recent acquisitions are the main growth driver, does not compensate the less important contribution during the first half-year of equipment sales by the CinemaNext Business Unit and the first effects of VPF recoupments.
This weekend in more than 20,600 screens in 1,700 U.S. movie theaters National CineMedia will launch its revamped pre-show, Noovie. The Walt Disney Studios has signed on as the premiere studio for new Noovie Backlot segments through June and will offer a unique behind-the-scenes look at upcoming films from Disney, Pixar, Marvel Studios and Lucasfilm, including Coco, Star Wars: The Last Jedi, Black Panther, A Wrinkle In Time, Avengers: Infinity War, Untitled Han Solo Star Wars Anthology Film and The Incredibles 2.
Motion Picture Solutions and Labo have launched a joint venture — MPSLabo — an international entertainment content services partnership based in Burbank, California, that draws heavily on the experience and technology of two leading industry vendors.
Landmark Cinemas, Calgary, Alberta, Canada has reached an agreement to be acquired by Kinepolis Group. The conclusion of the transaction is subject to customary government approvals.
Deluxe Entertainment Services Group has launched a Brazilian sign language (LIBRAS) localization service. The service – the first of its kind outside of Brazil – is designed to help studios meet Brazil’s new LIBRAS accessibility requirements, which began to be enforced as of September 17 and necessitate that studios produce and deliver LIBRAS video recordings for any feature released in Brazilian theaters.
Volfoni Limited launched an upgrade program designed to provide a path from legacy 3D cinema hardware systems from other manufacturers to the latest-generation 3D cinema hardware systems from Volfoni. The manufacturers included in the program are MasterImage, Dolby and XpanD. The program recognizes the past investments that customers have made, and provides incentives to let them easily and affordably replace outdated 3D systems.
CinemaNext today announced the official opening of its North American offices in Irving, Texas, conveniently located next to Dallas-Fort Worth International Airport. The new facility boasts a 12-seat screening room equipped with EclairColor HDR technology as well as a showroom with digital equipment and solutions on display, office space, conference rooms, customer service/NOC and a warehouse.