Ymagis Group today reported its consolidated financial results for the first sixth months of 2018, ending June 30. Ymagis Group reported €79.3 million in revenue during the first half of 2018, a 3.6 percent decrease compared to the prior year period. The Group's non-virtual print fee activities are especially seasonal with strong sales traditionally in the second half of 2018, peaking in Q4.
Distribution & Exhibition
Abramorama and Cinereach have announced the release of the trailer for the kinetic and timely, documentary film Matangi Maya M.I.A. The movie opens in theatres September 21, in the U.K. and September 28 in the U.S.
Anthony’s Cheesecake of Bloomfield, New Jersey is the winner of Screenvision Media’s nationwide Corner Stories promotion. Created by Screenvision Media’s in-house creative team, 40 Foot Solutions, Corner Stories provides a behind-the-scenes look at small business owners making a difference in their communities
Christie is showcasing its full range of digital cinema technology at the 2018 Australian International Movie Convention July 29 to August 2 at Event Cinemas Pacific Fair, Gold Coast, Queensland, Australia.
CJ 4DPlex has opened three ScreenX sites in Switzerland this month through a partnership with Arena Cinemas. The first movie to open in the multi-screen format was Ant-Man and The Wasp. The initial Swiss openings include Arena cinemas in Fribourg, Geneva and Zurich.
Arts Alliance Media first opened its doors in London June 17, 2003. In those very early days of digital cinema, the new company and its ten employees carved out a space in technology and what was then called alternative content. The company divested itself of the alternative content business a few years ago to focus on what has long been its core strength: cinema technology. AAM launched its first theatre management system in 2007 and, in 2008, completed the first virtual print fee rollout in Europe with French chain CGR. Today AAM has more than 140 employees spread over three offices in London, Amsterdam, and Guangzhou, China. I recently spoke via email with AAM’s chief executive officer Patrick Foley, and chief technology officer Richard Phillips about those early days of the company and, more importantly, to get their thoughts about the future of digital cinema technology.
Dolby Laboratories and the Kuwait National Cinema Company have entered into a three-screen agreement for the first deployments of Dolby Cinema in Kuwait. The first site is expected to open later this year at the 360 Mall in Kuwait City with KNCC operating under the Cinescape brand.
Netflix is developing its first European production hub in Madrid, the company announced Tuesday. The production facility will be located at Ciudad de la Tele, a sprawling 22,000-square-meter campus in Tres Cantos, and will be central growing Netflix's slate of Spanish-language original content.
The supervisory board of the Arri Group with headquarters in Munich, Germany, has appointed Dr. Michael Neuhaeuser, effective September 1, as its new executive board member responsible for technology. He succeeds professor Franz Kraus who, after more than 30 years work for the Arri Group, joins the supervisory board and will continue to be closely associated with the company.
Cinemas worldwide are preparing for what is now commonly called the second wave: a technology renewal where they will install next-generation digital projection equipment. However, the journey ahead poses different considerations and challenges compared to the film-to-digital conversion of the first wave. Before we forge ahead, it’s important that we consider the old adage: To know where we’re going, we need first to know where we’ve been. So let’s take a look.