Ymagis Group today reported its consolidated revenue for Q3 and for the first nine months of 2018. The lower than expected performance of CinemaNext’s equipment distribution activities and increased difficulties with Eclair's post-production and restoration activities are not sufficient to offset the decline in virtual print fee activity over the third quarter of 2018.
One of the biggest technology trends in motion picture exhibition today is immersive seating. Several companies have successfully partnered with exhibitors, movie studies and other producers to create an audience experience that actively mirrors the sights, sounds, actions and aromas of the movie on the screen. MediaMation is unique among these companies because not only are the seats in an MX4D theatre designed for movement and effects, the entire room is.
For the first time in the U.S., D-Box will install motion recliner seats in two full auditoriums. The first installation is slated for November at the Maya Bakersfield Theatre in California. The second installation will start in December at the North Las Vegas Theater and be completed just in time for the highly anticipated holiday blockbuster season.
Event cinema distributor Trafalgar Releasing announced plans today to provide immediate funding to U.S. cinema operators for the deployment of equipment that will significantly expand live event capabilities in domestic cinemas and offer open access to content owners with live event offerings.
Cineplexx Kinobetriebe is installing the company’s first MediaMation MX4D Motion EFX Theatre, making it the first such installation in Austria. The 72-seat, 18-bench theatre is located in Graz, the country’s second largest city.
Samsung has announced a new CSI Leasing program to service existing and future Samsung customers. In separate news, Samsung has shared a list of certified resellers for the Samsung Onyx. The new leasing program will enable Samsung to provide customers with full-service lease solutions for its B2B display products, including but not limited to the revolutionary Samsung Onyx, industry leading Smart Signage solutions, hospitality displays and business monitors.
Fandango announced today it has signed multi-year deals with leading international exhibitors Cinemark, Cinepolis (in Brazil, Argentina, Peru, Chile and Colombia), National Amusements (Showcase Cinemas, UCI) and Cinemex, adding more than 5,000 new screens in more than 15 Latin American countries. The new deals will bring Fandango’s global screen count to more than 45,000 worldwide.
A new study conducted as part of a School of Communication research course at Emerson College has found that film critics' moderate influence on movies can have a significant impact on box office revenue. While an earlier Emerson study found that film critics have a moderate influence on movie outcomes for wide releases, the revenue difference between movies with negative and positive reviews on opening weekend was an average of $23 million. The study also found a revenue difference of $83 million for total domestic gross revenue.
CGR Cinemas has chosen Christie as its exclusive laser projection partner, as it moves to convert all 700 of its theatres to RGB pure laser technology. In a landmark agreement that sees CGR becoming the largest investor in Christie RealLaser systems in the world today, 200 CGR Classic auditoriums will be redeveloped for Christie RealLaser over the next two years.
Keeping projectors and other cinema equipment up and running is a primary concern for exhibitors. If you own a Series 1 or an early Series 2 projector, you may already be facing significant cost of ownership issues, including more frequent breakdowns and longer downtimes. Even worse, manufacturers may no longer support your equipment — or may soon stop supporting it — making replacement parts expensive or even unavailable.