The Ymagis Group’s today reported an increase in revenue of 7.2 percent in the first quarter of 2019 following four consecutive quarters in decline. Thanks to robust equipment sales and its geographical expansion, CinemaNext recorded a 45 percent increase in revenue at €17.0 million, which more than offset the scheduled reduction in virtual print fee revenue.
Distribution & Exhibition
For the fourth consecutive year, Volfoni will be the official 3D technical partner for all 3D screenings at the 72nd Cannes Film Festival, which takes place May 14-25 in the Palais des Festivals et Congresses, in La Croisette, France.
This year, as it has for more than twelve years, Harkness Screens will be the official screen provider for the Cannes Film Festival May 14-25. The screens come from the Harkness French Demospec Manufacturing Facility.
The MENA Cinema Forum, the region's largest event of its kind, will return to Dubai from October 22-24, promising more than 60 speakers and 800 experts in the field of cinema production, exhibition and distribution from 50 countries, it will be spread over two levels at Conrad Dubai.
Global content studio Gunpowder & Sky has acquired worldwide rights to Sebastian Jones and Ramez Silyan’s SXSW music documentary, Everybody’s Everything. The film follows the life and career of Lil Peep, the genre-bending rapper who was just rising to fame when he died of an accidental drug overdose at 21 years old. Dubbed the future of emo by Pitchfork, Gustav Åhr was influential in bringing emo and pop-punk to hip-hop through his mixtapes, released via SoundCloud. Ahr’s first mixtape, 2015’s Lil Peep Part One generated 4,000 plays in its first week.
Studio Canal, a subsidiary of Canal+ Group, has deployed Nagra’s NexGuard forensince watermarking technology to protect the international distribution of its content.
Cinergy Entertainment Group has opened four new auditoriums at its Odessa, Texas location representing 536 additional luxury reclining seats.
In honor of Small Business Week, Screenvision Media has announced today that it will host its nationwide Corner Stories promotion for the second year in a row. Corner Stories, a feature in Screenvision’s Front + Center cinema preshow, was created by the company’s in-house creative team, and is part of Screenvision Media’s ongoing efforts to champion small businesses and highlight their compelling stories on the big screen.
The Alcons Audio CRS8 is a 2-way passive-filtered full range loudspeaker, designed to meet all requirements of current and future immersive surround sound formats. Featuring the patented Alcons pro-ribbon driver technology, the CRS8 combines an exceptional clarity and intelligibility with an unusually high dynamic range, offering the most realistic sound reproduction possible.
The International Cinema Technology Association has named Ellis Jacob, president and chief executive officer of Cineplex, the recipient of the Global Cinema Innovation Award. The award will be presented to Jacob at ICTA’s awards ceremony at Puro Beach, Hilton Diagonal, June 16 in Barcelona the day before CineEurope begins.