Barco and ETC announced today that they are in the midst of serious discussions wherein ETC would acquire High End Systems, Barco’s lighting activities, part of the Entertainment division. While the timeline for the completion of this acquisition is still unknown, both parties are committed to moving forward with a successful transaction.
Disney’s Newsies: The Broadway Musical three-day cinema event broke ticketing records to become the highest-grossing Broadway event to date from Fathom Events. An estimated 210,250 people saw the event on big screens across the U.S. on February 16, 18 and 22, amounting to $3.47 million in ticket sales. It also now ranks as the No. 2 top-performing title for Fathom Events to-date.
RealD has acquired the remaining assets of MasterImage. Assets acquired by RealD include all intellectual property, technology, inventory, and accounts receivable previously controlled by MasterImage.
Ymagis Group today reported its consolidated revenue figures for the fourth quarter of 2016 and 2016 fiscal year ended December 31, 2016. Ymagis Group continues its strong growth trend in 2016, the company said, with cumulative revenue up +13 percent at €178.2 million due to acquisitions undertaken in the last 18 months. Revenue for the fourth quarter of 2016 is up +1.6 percent at €52.3 million.
Last week, Barco presented a strong set of results for 2016, with high single-digit sales growth and EBITDA margin accretion. At the same time, the company published its 2016 Annual Report online. Titled Focused to perform, the report summarizes the 2016 results and zooms in on Barco’s activities and its sustainability plan
MoviePass and Vista Group International are collaborating to allow theatre owners and chains nationwide that use VES ticketing to take advantage of full API integration with MoviePass’ growing subscription service. By integrating MoviePass directly into the VES ticketing software, participating theaters will be able to offer MoviePass members enhanced features and new capabilities on mobile devices. These features include:
The International Union of Cinemas has released its provisional update on admissions and box office revenues across Europe for 2016. While the increase was also the result of a wide range of highly successful local films across Europe, box office was again dominated by strong international titles, including, but not limited to, Rogue One: A Star Wars Story, Zootopia, Fantastic Beasts and Where to Find Them, The Secret Life of Pets and Ice Age: Collision Course.
Fandango today announced a new relationship with HBO Home Entertainment to make HBO’s award winning content available for purchase via digital download on FandangoNow. Individual episodes and seasons of HBO content will join FandangoNow’s robust collection of 40,000 new release and catalog movies and TV shows.
Ushio America has partnered with Matex Controls, makers of the Virtual Energy Management System platform, which is designed specifically for cinema buildings. The system claims offers energy savings of more than 25 percent over time with no out of pocket expense to exhibitors.
Ymagis Group has signed a letter of intent with Omega Cinema Systems to form the leading cinema exhibition services company in Turkey.