August posted another pandemic-era high at the international box office and the second biggest month of global box office since the pandemic began, according to the latest report from Gower Street Analytics, London. The month delivered a $2 billion global box office, up on July’s $1.9 billion and only lagging February’s $2.3 billion, which was fueled by a record box office month in China. The international market (excluding China) contributed $1.11 billion to the August total, beating its previous pandemic-era high, recorded the prior month, of $960 million.
Distribution & Exhibition
MetaMedia, Laugh Lounge, a producer of exclusive live-streamed stand-up comedy shows, and distributor The Bigger Picture are partnering to deliver live stand-up comedy shows from top U.S. comedy clubs to cinemas and other out-of-home venues across the country for the first time.
In what its organizers are billing as a groundbreaking film festival event, the first annual Dome Fest West will take place October 8-10 at the Orange Coast College Planetarium in Costa Mesa, California. Dome Fest West is 360-degree film festival and conference that will bring together the filmmaking community, Hollywood filmmakers and up-and-coming immersive content creators.
GDC Technology Limited has unveiled two built-in audio processing features of its SR-1000 integrated media block. Users of SR-1000 now have the option to bring immersive audio experience to their screens with an upgrade to 16-channel DTS:X immersive sound. Additionally, a new built-in 16-channel cinema audio processor is made available to replace an external cinema audio processor for the 16-channel DTS:X setup.
According to industry statistics, premium large format screen installations have seen an increase of almost 19 percent year over year. They set a record in 2019, when 734 screens were installed, a 65 percent increase over 2018. As theatres slowly reopen worldwide following lockdowns due to COVID-19, the pace of adoption is expected to resume. Owned by the China Film Group and Huaxia Film Distribution, Cinity uses premium large format laser projection, immersive sound, and ultra-high frame rate capability. Today, with 57 installations and an almost equal number on tap in cities across China, Cinity enjoys cooperative agreements with many major Hollywood and Chinese studios. The system can be viewed at the Harmony Gold Preview House in West Hollywood, where filmmakers can also screen their latest projects at the industry’s highest frame rate.
The International Cinema Technology Association today announced the 2021-2022 winners of the ICTA EMEA Awards, celebrating technological leadership, design, and innovation in the cinema exhibition sector in Europe, the Middle East and Africa. The winners will be celebrated during ICTA’s annual awards and dinner reception October 3 in Barcelona, just before the start of CineEurope. This year’s winners are:
Cinemeccanica is once again the technical sponsor of the 78th Venice International Film Festival which takes place today through September 11.
GDC Technology Limited announced today that they have signed an agreement to deliver DTS:X IAB to exhibitors. DTS:X IAB is designed to fully support SMPTE’s immersive audio bitstream standard ST 2098-2.
In the midst of the COVID-19 pandemic, Cinemovida in Perpignan, France was thinking about the future of cinema and wanted the latest in theatre innovation ready for new and returning patrons. The end result is a 60-seat MX4D theatre from MediaMation.
The total revenues generated by the global cinema industry this year are set to only reach half of 2019’s pre-COVID revenues according to Omdia’s latest Cross Sector Windows report. Global box office revenues are still being impacted by studios experimenting with differing release windows, alternative platform distribution models such as video on demand, as well as government restrictions and more recently, a change in consumer confidence due to the Delta variant.