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.
Distribution & Exhibition
Point90 Cinemas is the first major cinema multiplex in the Fifth Settlement, New Cairo, Egypt, located right in front of the American University in Cairo, inside the Point90 mall. Its aim is to offer the ultimate cinema experience to the audience, with 11 premium screen halls equipped with the latest movie projection and sound technology. As part of that effort, Point90 is installing Volfoni 3D systems.
The Society of Motion Picture and Television Engineers’ SMPTE Motion Imaging Journal has earned a Distinction Award from the New York Metro, Philadelphia Metro, Atlanta, and Rochester Chapters of the Society for Technical Communication. By receiving this honor in the STC regional competition, in which entries are judged on technical content, achievement of purpose, and technical execution, the Journal advances to the STC International Summit Awards competition.
In ever increasing numbers, exhibitors around the world are making the transition to laser projection. In response to that, at CinemaCon 2017 Barco will unveil the DP4K-40LHC and 20LHC RGB Flagship, 6P 3D single chassis, integrated high contrast projectors to the American audience. But nowhere in the new projectors’ specs will you find the term high dynamic range, which, given their capabilities seems like an oversight. Barco has a specific explanation for this, namely that it believes the exhibition world needs an HDR standard.
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:
Dolby Laboratories has announced 13 new titles, adding to the growing slate of movies to be shown at more than 75 Dolby Cinema locations around the globe, including Warner Bros. Pictures and Lego Systems The Lego Batman Movie.
Fathom Events received the top honor of Best U.S. Distributor at the 2017 Event Cinema Association Conference that took place in London last week. The ECA awards recognize the year’s best achievements in the field of event cinema. It was the second consecutive years that Fathom Events won the award.
Showtime Documentary Films has signed on as a premier sponsor of the 2017 Big Sky Documentary Film Festival, partnering with the festival to make possible a wide range of diverse and compelling content, events and film industry opportunities.
NEC today announced the availability of the NC1700L in its digital cinema projector series, a dual-laser digital cinema projector featuring richer colors, brighter images, and reduced cost of ownership.