VIP Cinema Seating has expanded its manufacturing facility expansion giving the company the capability to produce 2,000 luxury cinema seats per day. Like the four major facilities expansions that came before it, this fifth expansion within eight years, comes in response to dramatically burgeoning demand as exhibitors across the world are recognizing the value of luxury seating in the cinema-going experience. Since VIP introduced the concept of luxury reclining seating to the theatre industry in 2008, the company has completed over 500 custom cinema projects worldwide, finishing 2016 with a 44.2 percentage increase in overall shipments.
Éclair today announced the launch of EclairPlay, its new all-in-one download platform connecting exhibitors and content owners around the world. The EclairPlay platform is designed for cinema exhibitors, providing access to a growing range of digital cinema package content available for download and projection as well as to all tools and content marketing material necessary for successful programming and audience building.
More than 200 cinema professionals from around the world gathered in Auckland, New Zealand last week for the eighth biennial Vista Customer Conference. The conference was the largest yet that Vista has held. Vista Group, provider of cinema management, film distribution and customer analytics technology to studios, distributors, exhibitors, and moviegoers, provided updates on current and future product developments.
Prior to its opening this Friday, Disney’s live-action movie Beauty and the Beast has already set a new record as Fandango’s number one family pre-seller of all time, with Beauty pre-sales (through Monday night) already eclipsing total pre-sales for any other family film in Fandango’s 17-year history.
National CineMedia and American Multi-Cinema have reached an agreement that enables AMC to comply with the Department of Justice’s Final Order on its acquisition of Carmike Cinemas, while reaffirming the companies’ commitment to their continued partnership.
Barco and ETC announced today that they are in the midst of serious discussions wherein ETC would acquire High End Systems, Barco’s lighting activities, part of the Entertainment division. While the timeline for the completion of this acquisition is still unknown, both parties are committed to moving forward with a successful transaction.
Disney’s Newsies: The Broadway Musical three-day cinema event broke ticketing records to become the highest-grossing Broadway event to date from Fathom Events. An estimated 210,250 people saw the event on big screens across the U.S. on February 16, 18 and 22, amounting to $3.47 million in ticket sales. It also now ranks as the No. 2 top-performing title for Fathom Events to-date.
RealD has acquired the remaining assets of MasterImage. Assets acquired by RealD include all intellectual property, technology, inventory, and accounts receivable previously controlled by MasterImage.
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.
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