Distribution & Exhibition

Kinepolis Reopening in Several Countries

Wed, 05/19/2021 - 11:35 -- Nick Dager

After almost seven months of being closed, all French Kinepolis cinemas are reopening their doors, the company announced today. The new Kinepolis complex in Metz, located in the Waves commercial center, will also be welcoming visitors for the first time today. Belgian cinemas will reopen, if all goes well, June 9, as announced by the Belgian government last week. And cinemas in the Netherlands can also count on opening for business again in June, although the exact date still depends on how the coronavirus curves evolve.

Trafalgar Stays Agile and Nimble

Tue, 05/18/2021 - 11:06 -- Nick Dager

As director of distribution at Picturehouse Entertainment Marc Allenby helped bring the Metropolitan Opera and Bolshoi Ballet to cinemas in the UK and launched both NTLive and RSC Live. In 2017 he helped facilitate the management buyout that re-established the company with its experienced team as Trafalgar Releasing, where today he is CEO. In 2018 he established offices in the United States, a move he sees as “a vital part of the companies’ future plans and growth.” Headquartered in London, Trafalgar Releasing today also has offices in New York and Denver. Before the pandemic the company experienced significant growth and won numerous accolades including most recently the largest ever event cinema release with BTS’ Burn the Stage: The Movie. Despite the pandemic Trafalgar was moderately successful in 2020.

HPA Announces First League Honorees

Mon, 05/17/2021 - 08:54 -- Nick Dager

The Hollywood Professional Association has announced the honorees for its first HPA League Honors, which recognize diverse members of the media and entertainment community who shine as examples of accomplishment, innovation, and leadership. Recipients of the HPA League Honors were determined by a jury of industry experts. The HPA League Honors are the culmination of HPA’s All In event, a weeklong exploration of diversity, equity, and inclusion in the industry taking place May 24-27.

AFI Docs Announces Film Choices for 19th Annual Festival

Mon, 05/17/2021 - 08:40 -- Nick Dager

AFI Docs, the American Film Institute's annual documentary celebration in the nation's capital, has announced the Opening Night, Closing Night and Centerpiece Films for its 19th annual edition. As previously announced, this year's hybrid festival will include limited in-person screenings at the AFI Silver Theatre and Cultural Center in Silver Spring, Maryland, as well as a full slate of virtual offerings. AFI Docs runs June 22–27, 2021.

Liquid Media Announces Bid to Acquire IndieFlix

Tue, 05/11/2021 - 10:38 -- Nick Dager

Liquid Media Group has signed a letter of intent to acquire IndieFlix, the subscription video-on-demand streaming service focused on content with a purpose. IndieFlix has evolved its initial offering, by expanding into the live social impact space, and transforming into an edutainment company with a foundation to further support its mission and vision.

National CineMedia Announces First Quarter Fiscal Results

Tue, 05/11/2021 - 10:33 -- Nick Dager

National CineMedia today announced consolidated results for the fiscal first quarter ended April 1. During the first quarter the company continued to manage its liquidity position through various cost-control measures and the issuance of a new $50 million term loan in March. With the funding of this additional debt, NCM’s cash balance as of April 1 was $139.4 million, an increase of $15.5 million as compared to the balance as of December 31. Including the $52.8 million, the company had $192.2 million of cash, cash equivalents and investments as of April 1.

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