Business

Ymagis Group Reports Growth for 2017, Plans VR Offering in 2018

Fri, 03/16/2018 - 13:05 -- Nick Dager

Ymagis Group today reported its full-year earnings for the 2017 fiscal year December 31. In 2017, saying the group demonstrated its ability to offset the decline in its virtual print fee activities (revenue -11.5 percent at €61.5 million) by the growth of its service activities (+9.0 percent at €118.1 million). The group’s business thus rose slightly by +0.8 percent to €179.2 million. Driven by the full-year integration of acquisitions made in 2016 and by the implementation of the growth strategy based on its services activities, the Eclair and CinemaNext business units saw their revenue increase respectively by +15.4 percent and +3.4 percent at €54.8 million and €63.3 million.

National CineMedia Announces 2017 Fourth Quarter Results

Tue, 03/13/2018 - 12:28 -- Nick Dager

National CineMedia today announced consolidated results for the fiscal fourth quarter and year ended December 28, 2017. Total revenue for the fourth quarter decreased 1.3 percent to $140.7 million from $142.5 million for the comparable quarter last year. Adjusted OIBDA decreased 4.4 percent to $82.6 million for the fourth quarter of 2017 from $86.4 million for the fourth quarter of 2016.

MoviePass Names Former Spotify, Viacom Executive Chief Product Officer

Thu, 03/08/2018 - 15:03 -- Nick Dager

MoviePass has named former product leader at Spotify, Viacom and Comcast, Mike Berkley chief product officer. Berkley’s role at MoviePass will be to lead the product strategy and vision for the MoviePass service, as the company continues its efforts to grow its subscriber base and expand technology integrations with exhibitors and other partners.

VAB Appoints Lauren Leff VP Marketing and Communications

Mon, 03/05/2018 - 12:01 -- Nick Dager

The Video Advertising Bureau has appointed Lauren Leff as vice president, marketing & communications effective immediately. In this newly created role, Leff will oversee the organization’s internal and external communications supporting the VAB’s advocacy and dedication to providing advertisers and their agencies with the most current and actionable media insights on the expanding world of premium, multi-screen video content.

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