MoviePass, the self-described future of moviegoing, seems to be a thing of the past, at least as we’ve come to know it. Fortune Magazine reported today that the company, which has been hurt by heavy financial losses, is retooling its strategy again.
Mexican movie chain Cinépolis plans to expand across the Arab Gulf States this year, with new cinemas set to open in the United Arab Emirate, Saudi Arabia and Oman. The publication TradeArabia first reported the deal.
Wanda Cinemas, China’s largest film distributor and cinema operator, recently partnered with Samsung and Harman Professional Solutions to create the world’s first Onyx all-LED screen cinema multiplex.
Showtime Cinemas, Taiwan, is automating their content management using Arts Alliance Media’s Screenwriter theatre management system. Local integrator Dacoms Technology is handling the installation.
National CineMedia and Marcus Theatres have entered into a long-term cinema advertising affiliate partnership agreement for Movie Tavern by Marcus Theatres, with 22 dine-in theatre locations and 208 screens in the nine states of Arkansas, Colorado, Georgia, Kentucky, Louisiana, New York, Pennsylvania, Texas, and Virginia.
As acquisition and consolidation activity takes hold of the cinema exhibition sector, 31 percent of new screen growth still comes from building new cinemas and screens, according to new research from business information provider IHS Markit. In fact, when the record-breaking acquisition of 7,400 screens from Regal by Cineworld is not included in the total, that percentage share rises to 77 percent.
Sony Electronics is unveiling Sony Digital Cinema, the company’s version of an experiential premium large-format movie theatre auditorium. The first Sony Digital Cinema, which will open this spring at Galaxy Theatre’s deluxe Boulevard Mall site, will be the largest auditorium in the Las Vegas market, further enhancing Galaxy’s distinction as the Best Movie Theater in Las Vegas, according to Las Vegas Weekly and Las Vegas Review-Journal.
Captain Marvel, which opens March 8, will be the third movie from Marvel Studios to be converted into the ScreenX format. It is the latest collaboration between The Walt Disney Studios and CJ 4DPlex and follows the globally successful ScreenX release of Black Panther and Ant-Man and The Wasp. Captain Marvel stars Brie Larson in the title role and is directed by Anna Boden and Ryan Fleck.
Kinepolis and RealD have signed a seven-year contract ensuring that the exhibitor will use RealD 3D equipment and 3D glasses in France, Belgium, The Netherlands, Switzerland, Spain and Luxembourg. The contract includes Landmark in Canada.
Cinemaxx Global Pasifik has selected Cielo for the digital management of the entire Cinemaxx circuit in Indonesia. Founded in 2014, Cinemaxx, part of Lippo Group, operates 45 theater complexes with 235 screens and growing across Indonesia.