Turkey’s cinema exhibition business is in impressive health right now, with more than 2,000 screens generating more than 40 million ticket sales in 2015. It’s clearly a great time for Turkish cinemagoers. With consumer confidence up, new theatres are opening at an unprecedented rate. Hungry for better entertainment experiences, customers are packing auditoriums in big-screen multiplexes and smaller boutique cinemas.
Distribution & Exhibition
The Society of Motion Picture and Television Engineers Board of Governors has named the Society's 2016 directors and has appointed two new governors-at-large.
CGV, South Korea’s largest multiplex cinema chain, has installed a Christie RGB laser projection system in Busan’s CGV Centum City.
Distributor and digital integrator Bardan Cinema has expanded its exclusive master distribution agreement with Philips Lightning to supply its digital cinema product lines throughout Latin America and the Caribbean.
Monica Bellucci, Iciar Bollaín, Gavin Hood and Deepa Mehtawill all receive tributes in a new Marquee Series to be presented at the 33rd edition of Miami Dade College’s Miami International Film Festival scheduled for March 4-13. This year’s festival showcases 129 films, including 100 feature films and documentaries and 29 short films produced and directed by both renowned and emerging talent from 40 countries. Forty-six are directed or co-directed by women.
Harkness has installed its Clarus screen at a TOHO Cinemas extra large screen auditorium by TOHO Cinemas at an eight-screen multiplex in Umeda, Osaka, the first site to use a Clarus screen in Japan.
Carmike Cinemas has acquired two movie theatres from an AMC Entertainment subsidiary for a total of $5.4 million in cash. The transactions simultaneously closed upon signing of the purchase agreements.
IMAX has announced a distribution and marketing partnership, which provides Discovery Communications' flagship network Discovery Channel with 18 months of exclusive paid global television rights for up to 10 IMAX documentary films to be released through the IMAX Original Film Fund, following the titles' theatrical release across the IMAX institutional theatre network. The alliance marks IMAX's first television distribution agreement for original content.
Odeon Multicines Girona is the second film theatre in Spain – following La Maquinista in Barcelona – to offer Star Wars: The Force Awakens in 3D using a Christie dual-head 6-Primary laser projection system.
A new report predicts the theatre management systems market to grow at a CAGR of 9.75 percent during the period 2016-2020.The rapidly growing film entertainment industry is the primary growth driver for this market. The increase in the number of box offices releases every week has further expedited the growth of cinema halls globally, which has consequently increased the adoption of theatre management systems and has thereby supplemented the market revenue.