Ymagis Group has reported its consolidated financial revenue for the first six months of 2020, ending June 30, and provided an update on the receivership proceedings currently underway. Among the highlights of that period is the fact that the company’s revenues are down 48 percent, mainly due to the impact of the global pandemic as well as the anticipated decline in virtual print fee activity.
Sena Cinemas, Reykjavik has signed a multi-year agreement with Movio Cinema to better analyze, understand and connect with its cinema audiences. Sena owns and operates Iceland’s largest cinemas including Smarabio equipped with laser projectors for all screens and a Dolby Atmos sound system in the main hall. Smarabio’s fun center hosts an arcade, laser tag, virtual reality games, karaoke, and facilities to accommodate groups of all sizes.
Platforms for the distribution of film and TV content are endlessly multiplying and changing in nature. In parallel, the application of copyright rules attached to audiovisual works and their exploitation along the value chain are becoming increasingly complex. Obtaining rights from the rights holders involved in a given project and, in some cases, acquiring licenses for the use of pre-existing works, is an essential aspect of the work of film producers and marks an indispensable preliminary step before they can grant licenses for the exploitation of the work to the various exploitation channels.
Muvi Cinemas has opened the first Dolby Cinema in the Kingdom of Saudi Arabia at the U-Walk Boulevard, Arabian Centres in Riyadh.
Amazon Studios has acquired the worldwide rights to Oscar-winning actress Regina King’s feature directorial debut, One Night in Miami, written by Olivier-nominated Kemp Powers, based on his 2013 stage play. Producers are Jess Wu Calder and Keith Calder of Snoot Entertainment (Blindspotting, Anomalisa) and Jody Klein of ABKCO (The Rolling Stones Rock and Roll Circus). King and Powers are executive producers.
The Movie Studio has submitted an official application to the U.S. Patent and Trademark Office and the company says that trademark protection is pending for its recognizable name, insignia, phrase and logo.
CineXpert, which runs network operation centers and provides theatre management systems is offering free connectivity and service activation to new customers now through the end of the year.
Universal Filmed Entertainment Group, a division of Comcast Corporation, and AMC Entertainment Holdings have announced a multi-year agreement giving AMC exclusive rights to Universal Pictures and Focus Features theatrical releases for at least three weekends or 17 days, after which the studio will have the option to make its titles available across premium video on demand platforms, including through AMC Theatres On Demand.
“It’s like nothing we have ever seen before,” said Graham Spurling, the owner of Movies @ Cinemas, one of Ireland’s largest cinema chains. “The rule book has been ripped apart. But look, we have got to keep positive. We will see good times again.” He’s not the self-proclaimed World’s Greatest Showman for nothing. Full disclosure, I consider him to be my friend.
OwnZones Entertainment Technologies has been named newest member of the Trusted Partner Network, joint venture between the Motion Picture Association and the Content Delivery & Security Association.