While it has been widely understood that, because of the pandemic, 2020 was a terrible year for the cinema business, a new report from the European Audiovisual Observatory documents just how bad it really was. The theatrical market collapsed in 2020 with cinema attendance in the EU and the UK plummeting by 70.2 percent to an estimated 300 million tickets, down from more than one billion admissions in 2019 (the highest level since 2004). Gross box office earnings dropped correspondingly from Euro 7.20 billion to Euro 2.13 billion (US 2.4 billion), down by 70.4 percent from 2019, as the average ticket price in the EU remained stable at Euro 7.1 (USD 8.1).
CinemaNext today announced the roll out of its dedicated e-commerce platform, CinemaNext Shop, across Europe and internationally. The largest online sales platform for the cinema technology industry, CinemaNext Shop is designed to allow exhibitors around the globe to easily order from CinemaNext’s catalogue of thousands of spare parts, consumables, projection & sound equipment, software solutions, and much more.
B&B Theatres, the sixth largest exhibitor in the U.S., is installing Cinionic Grand Screen laser projectors in its newly renovated Blacksburg 11 theatre in Blacksburg, Virginia, opening this month. B&B Theatres premium Grand Screen auditoriums are home to some of the largest screens in the U.S. The reimagined Grand Screen powered by CGS at B&B Blacksburg 11 will offer moviegoers an exceptional cinema experience in every visit.
The Digital Cinema Distribution Coalition has announced that longtime film industry veteran Howard Kiedaisch will take the reigns as CEO, effective July 7. Kiedaisch succeeds Randolph “Randy” Blotky, who is stepping down as CEO.
The International Union of Cinemas, the European cinema trade grouping, has launched the fifth edition of its Women’s Cinema Leadership Program, a 12-month mentoring program for women in cinema exhibition.
Movio and Numero, the box office collection and reporting platform, have announced that they will produce Behind the Screens, a new weekly podcast providing actionable insights on the moviegoers behind the box office numbers. The podcast will feature interview segments with Vista Group studio and exhibition partners, data scientists, colleagues, and others.
The Polish technology company PayEye is celebrating one year of market presence and to mark the occasion has added Nowe Horyzonty Cinema in Wroclaw as a partner. It becomes the first cinema in the world with an innovative iris payment system. Until recently, only in films and in the visions of technology enthusiasts was it possible to pay with the ey
Saudi Arabia’s homegrown theatre circuit, Muvi Cinemas, has selected Cinionic Giant Screen laser projectors to power more than 25 premium Xperience auditoriums throughout the Kingdom. The first Xperience powered by CGS locations, Al Ahsa Mall, Aziz Mall, and Nakheel Mall are open now, with further sites coming soon.
Unilumin has become China's first DCI-certified LED display enterprise and gained full access to the opportunities of the cinema LED display market. The company’s cinema screen recently passed the tests of the Research Institute of DMC, Keio University, a DCI authorized agency, and officially became a DCI-certified product.
Film technology company Numero today announced the launch of its theatrical box office service into major European markets. The company currently has successful box office collection, aggregation and analytical services in 22 international territories across six continents and has now launched its service in Spain, France and the United Kingdom, with Germany to follow in the coming months.