In an open letter to the motion picture industry today CMX Cinemas’ chief financial officer Luis Castelazo called upon the studios to recognize the challenges that exhibitors are currently facing and to treat them as the important partners they are. Here is his letter in its entirety:
Showbiz Cinemas has opened a new theatre at the site of its previous location in Waxahachie, Texas. The 66,000 square foot building is now home to Bowling, Movies & More, offering an exciting one-stop destination for all family members. The location features thirteen auditoriums, all with new plush power recliner seating, new 7.1 surround sound systems and wall-to-wall, ceiling-to-floor curved screens.
Qube Cinema and Scrabble Entertainment have brought electronic delivery to movie theatres in the Middle East with the installation of Qube’s WireTAP, a cloud-connected, in-theatre appliance that allows automated delivery of digital cinema packages and key delivery messages directly over the internet.
The global cinema industry is set to lose $32 billion in 2020 due to the COVID-19 pandemic, a 71.5 percent reduction in box office revenue compared to 2019, according to Omdia’s latest Movie Windows: Adapting for the Future report. Box office revenue has dipped below $13 billion for the first time in over two decades, forcing many studios to experiment with other platforms to account for the decline in box office revenues.
AMC Saudi Arabia has expanded its 4K presence in the Kingdom with four new locations powered by laser projection from Cinionic, including the award-winning Barco Series 4. Since entering the KSA two years ago, the circuit operated by AMC has grown to 40 screens, with more on the way later this year.
As Cinemark reopens its theatres across the United States, it is using Unique X’s newly updated SmartTrailering software activated in every theatre. SmartTrailering delivers a sophisticated, centralized trailer scheduling system that fully automates an exhibitors’ trailering process via a user-friendly, cloud-based system. Unique X has worked closely with Cinemark to develop and update SmartTrailering for the U.S. market and beyond.
The INDY Cinema Group has signed with Strong Technical Services to provide managed services including equipment monitoring, digital signage, remote access, and reporting for its theatres in Europe.
Maya Cinemas is installing Cinionic Giant Screens in all its Maya Premiere Experience auditoriums. The first three MPX powered by CGS locations, Maya Cinemas Fresno, Bakersfield, and North Las Vegas, will be ready to welcome Maya audiences in time for Thanksgiving. All the screens are more than sixty feet wide.
With the growth of Netflix, Disney+, Amazon Prime and Apple TV, to name just a few, the international audience for film and television has never been bigger or more diverse. And the need for accurate and coherent subtitles – both for artistic and economic reasons – has never been more important. For two decades Dr. Vasilis Manousakis, the Literature, Literary and Audiovisual Translation instructor at Hellenic American College in Athens, Greece, has been subtitling and translating a broad range of genres, series and films produced by HBO, Disney, Universal Pictures, Warner Bros. and Netflix, among them Lost, The Good Place, Star Wars and Game of Thrones.
The International Cinema Technology Association 2020-2021 award for innovation in cinema exhibition in Europe, the Middle East and Africa goes to Muvi Cinema, U-Walk, Riyadh, Saudi Arabia for Best New Build Cinema; to Cineplexx, Millennium City, Vienna, Austria for Best Cinema Refurbishment; and to Pathé Tuschinski, Amsterdam, The Netherlands for Classic Cinema of the Year.