Business

Court Confirms NCM’s Reorganization Plan

Wed, 06/28/2023 - 12:47 -- Nick Dager

National CineMedia today announced that its plan of reorganization has been confirmed by the United States Bankruptcy Court for the Southern District of Texas. This milestone comes less than three months after filing, representing a swift and significant stride forward in the company's financial restructuring efforts. The company is expected to emerge from Chapter 11 on or around August or September.

Christie Helps Transform Toronto Historic District into Cinema Village

Tue, 06/27/2023 - 12:09 -- Nick Dager

Christie is once again sponsoring the Lavazza IncluCity Festival, presented by the ICFF. Taking place from June 27 to July 22, the festival is a celebration of Canada’s cultural mosaic through a selection of curated international films. The festival returns to Toronto’s Distillery Historic District, with a unique, vast, and diversified slate of outdoor screenings of over 40 films from 20 countries and transforms the neighborhood into a cinema village.

Odeon Multicines Installing Six Cinity Cinema Systems

Mon, 06/26/2023 - 10:50 -- Nick Dager

Odeon Multicines has reached an agreement to install Cinity Cinema Systems, with components that include Christie Real|Laser illumination technology, in six premium large format theatres across Spain. The Cinity format for PLF auditoriums enhances the overall cinematic experience with 4K, 3D, high brightness, high frame rate, high dynamic range, and wide color gamut display capabilities, paired with immersive sound. Christie partner Ingevideo, in collaboration with Equipo de Cine, will supply, install, and service this integrated system.

Vue International’s Space Cinemas Installing Cinionic Laser Projection

Mon, 06/26/2023 - 10:40 -- Nick Dager

The Space Cinemas, a division of Vue International, announce plans to bring Laser Projection by Cinionic to 114 screens across Italy. The move to laser is part of a larger initiative by The Space to reduce the overall energy consumption of theatres in line with Italy’s recovery plan. Laser projection is the green choice for cinema presentation technology today through lower electricity use, elimination of waste from consumables, and a smaller carbon footprint.

German Exhibitor Kinowelt Deploying GDC Technology

Mon, 06/26/2023 - 10:36 -- Nick Dager

German independent cinema chain Kinowelt will deploy GDC Technology’s Cinema Automation CA 2.0 automation to fully automate its cinema operations while significantly reducing the cost associated with booth operations. Kinowelt will also be utilizing GDC’s Central Management Enterprise Software CMS-3000, a comprehensive web-based solution to manage screenings across an entire cinema circuit from its headquarters.

UNIC Publishes 2023 Annual Report

Mon, 06/26/2023 - 10:28 -- Nick Dager

The International Union of Cinemas, the trade association representing cinema operators and their national associations across 39 European territories, has published its annual report on key cinema trends in the region in 2022/23. After two disrupted years, 2022 marked a step-change in the recovery of the European cinema industry, sending a clear signal of the desire of audiences to return to the big screen when presented with a strong and diverse film offer and allowing cinemas to re-affirm their cultural and social significance within local communities.

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