AEG-owned Regal Cinemas L.A. Live Stadium 14, home to the first and only 4DX-equipped theatre in the United States, says it has tripled its revenue in the first year using CJ 4DPlex technology. The 104-seat 4DX auditorium at Regal Cinemas L.A. Live has achieved $1.52 million in revenue attracting 70,000 attendees since opening last year, representing an increase of 88 percent in attendance versus the previous 12 months in the same auditorium prior to the conversion. Jurassic World is now playing in the theatre as it celebrates its first anniversary as a 4DX venue.
AMC Theatres and Dolby Laboratories today announced Dolby Cinema at AMC Prime, a premium cinema offering for moviegoers that makes features Dolby Vision laser projection and Dolby Atmos sound, as well as AMC Prime power reclining seats with seat transducers that vibrate with the action on screen.
Screenvision today announced a new, long-term agreement with its second largest exhibitor partner, Marcus Theatres that will secure 685 additional screens throughout the country including the Chicago, Milwaukee and Minneapolis DMAs. In addition to this agreement, Screenvision recently secured an agreement with Reading International, strengthening a roster of other just announced long-term deals that include Allen Theatres, B&B Theatres, Bow Tie Cinemas, Classic Cinemas, Malco Theatres and Regency Theatres; these deals total over 2,250 screens nationwide, many of which are in top DMAs such as New York, Los Angeles, and Chicago. With these eight new contracts, Screenvision’s network has never been more secure, with the average contract length now over nine years.
Christie Solaria Series 2K/4K projectors and Christie Vive Audio cinema sound systems are powering 12 of the 13 screens at the new Larry H. Miller Megaplex Theatres in Vineyard, Utah, which held its grand opening ceremonies on March 13.
National CineMedia has announced that after a thorough review of options, it has agreed with SV Holdco and Screenvision to terminate the Merger Agreement signed May 5, 2014, that would have combined NCM and Screenvision.
Peach has launched what the company claims is the cinema industry’s only fully-integrated, mobile responsive, online sales and marketing solution for cinema operators: Peach Cinemas.
On the occasion of the 65th Berlin International Film Festival the European Audiovisual Observatory released its first estimates for European cinema attendance in 2014. The Observatory estimates that total admissions in the European Union increased marginally by 0.6 percent to 911 million tickets sold, around 5.4 million more than in 2013 (906 million). The small increase was primarily ensured by a strong year-on-year performance in France and Spain, which kept EU admissions from continuing their downward trend of recent years.
Cineworld, the UK’s number one cinema chain, has opened the first 4DX cinema in the UK.
Barco has partnered with Cinema Equipment & Supplies to complete the conversion of UVK’s theaters in Peru and surrounding cities.
The Grand, the largest multiplex cinema in Hong Kong, is installing a Sony 4K Twin Peak projection system in its largest auditorium.