Exhibition

Cinema Advertising Influences 42 Percent of Moviegoers

Wed, 02/19/2025 - 11:58 -- Nick Dager

GroupM, WPP’s media investment group in India, has unveiled its latest report, Profiling Cinemagoers, offering insights into cinema viewing habits across five major metropolitan cities—Bengaluru, Delhi, Pune, Mumbai, and Hyderabad. It shows that cinema’s value as an advertising platform, with 42 percent of respondents stating that on-screen advertisements influence their purchase decisions.

ICTA Calls for Nominations for 2025 EMEA Awards

Wed, 02/19/2025 - 11:53 -- Nick Dager

Members of the International Cinema Technology Association are invited to submit nominations for the 2025 ICTA EMEA Awards, to be presented during CineEurope on June 15 in Barcelona. This industry recognition highlights outstanding cinema operators in Europe, the Middle East and Africa who excel in technological innovation and cinematic excellence

AMC General Counsel Kevin Connor Retiring

Wed, 02/19/2025 - 11:48 -- Nick Dager

AMC has announced that following a 23-year career at the company as senior vice president, general counsel & secretary, Kevin Connor will retire, effective March 13. AMC has appointed Edwin Gladbach, currently vice president, legal, as vice president, interim general counsel and secretary. The company will decide on the selection of its long-term general counsel later in the year, with both internal and external candidates being considered.

Derin Film, Qube Wire Partner on Electronic Cinema Delivery in Turkey

Mon, 02/17/2025 - 09:40 -- Nick Dager

Derin Film has partnered with Qube Wire to introduce electronic content delivery across Turkey to streamline cinema content logistics. The companies say this groundbreaking initiative has already seen installations in more than 75 percent of the country's cinemas. The entire CGV Mars' chain, the largest cinema chain in Turkey, is now fully equipped with Qube Wire's service.

MIT Reports Improved Financial Results

Mon, 02/17/2025 - 09:36 -- Nick Dager

Moving Image Technologies has reported improved financial results for Q2 FY2025. Revenue increased to $3,441,000 from $3,265,000 year-over-year, while gross profit rose to $936,000 with a margin of 27.2 percent. The company narrowed its operating loss to ($561,000) from ($830,000), and net loss improved to ($527,000) or ($0.05) per share compared to ($794,000) or ($0.07) per share.

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