ScreenX, the multi-projection system that provides a 270-degree panoramic film viewing experience within a theatre setting, reported today a successful 2017 for the company from strong attendance results to a number of key expansion milestones.
MoviePass and Fandor today announced that both companies are partnering with Costco to offer a one-year subscription plan for a flat fee of $89.99. The package deal for both services is available exclusively to Costco members and covers a year of membership for both MoviePass and Fandor. The offer will only be available online at Costco.com for one week, from December 12 to December 18, 2017.
AMC Entertainment Holdings today announced the signing of a non-binding memorandum of understanding with the public investment fund of Saudi Arabia. In line with the fund’s mandate to help unlock promising new sectors within the Kingdom of Saudi Arabia, PIF and AMC Entertainment will explore a range of commercial opportunities for collaboration that will support the growth of the Kingdom’s entertainment sector.
GDC Technology showcased its next generation of cinema automation system to motion pictures exhibitors during CineAsia 2017 this week at the Hong Kong Convention & Exhibition Centre. The company says its Cinema Automation 2.0 is the first-ever centralized solution to provide comprehensive automated management of content storage and playback, show scheduling, power supply and screening quality.
Christie today introduced the Christie CP4325-RGB pure laser cinema projector, which delivers a premium movie-going experience to mainstream theatres. Featuring CineLife electronics and RealLaser illumination, this compact, all-in-one DCI-compliant projector excels in image quality and operational lifetime, while providing a low cost of ownership. With the CP4325-RGB, exhibitors can fill their auditorium seats by attracting audiences with incredibly colorful and detailed, true-to-life images.
Vista Cinema has introduced Cinema Manager, a browser-based application designed to enhance box office and concessions sales activities and frees cinema personnel from the back office, allowing for increased mobility, more efficient execution and improved focus on customers. Cinema Manager is the result of nearly two years of development.
Belgium based Kinepolis Group has completed its acquisition of Landmark Cinemas in Canada. In mid-September, Kinepolis reached an agreement with the shareholders of Landmark Cinemas to acquire the company subject to Canadian regulatory approvals. The approval by the Minister of Canadian Heritage, The Honorable Mélanie Joly, on December 7, allowed Kinepolis to successfully complete the acquisition.
Despite the fact that industry stories continue to sound the alarm about box office woes, Studio Movie Grill, based in Dallas, says that in 2017 it has experienced major increases in off-peak attendance as well as with smaller films. The company credits MoviePass for much of that success
Cineworld, the U.K.’s largest cinema operator, has acquired Regal, one of the largest theatre circuits in the U.S., for a reported $5.9 billion. The deal would create the world’s second-largest movie theater owner and enable Cineworld to better compete with AMC Entertainment, which is owned by the Chinese conglomerate Dalian Wanda. The Cineworld-Regal combination would create a company with more than 9,500 screens in 10 countries.
Later this month Emagine Entertainment will unveil its Super EMAX theatre, which features a 92 feet wide by more than 48 feet tall screen. The company says it is the largest movie screen in the State of Michigan. Located at Emagine’s Novi location, the theatre’s grand opening will take place December 15 with the first showing of Star Wars: The Last Jedi.