Cineplex has reported that it incurred a $9 million loss in its fourth quarter, which ended December 31. This compared with a profit of $10.2 million a year earlier.
Distribution & Exhibition
On Wednesday nights beginning February 14, Regal guests will have a second opportunity to watch or rewatch treasured films celebrating milestone anniversaries throughout 2024 with the Regal Forever Favorites series.
Omniplex Cinemas, one of the UK and Ireland’s largest cinema chains, has unveiled two newly renovated screens at their Clydebank location, showing off new luxury Recline seating as part of its extensive renovation plans this year.
National CineMedia, the US Representative for the Cannes Lions International Festival of Creativity and the largest cinema advertising network in the country, has announced that Gold House, the leading cultural ecosystem that unites, invests in, and champions Asian Pacific creators and companies, as the official non-profit partner for the 2024 US Young Lions competition.
Buhotec is a family-owned company based in Miami, Florida founded in 2021 by Manuel Arana and Alejandro Gallo. Until this year, the company and its 26 employees had been strictly focused on the gaming business and it claims to be Florida’s number on gaming distributor. This year, however, Buhotec, which is a full-service technology provider and systems integrator, is entering the cinema business. Last year was the company’s most profitable year ever and it believes now is the right time to leverage that success and its experience in gaming to make the move into cinema. I recently spoke via email with Paula B. Silveira, Buhotec’s head of cinema sales, the person responsible for spearheading Buhotec's expansion into the cinema industry and fostering strategic partnerships with industry leaders. Here is that conversation.
Australia’s Val Morgan cinema is reporting record turnouts at its theatres during the 2023-24 summer with 9.8 million patrons.
The Eden Cinemas in Malta are in the process of upgrading their projectors to laser technology.
CJ 4DPlex has announced that the revenue earned for their 4DX multisensory auditoriums during 2023 in the United States was $49.6 million, a record-breaking number that exceeds 2022’s 4DX box office by five percent.
Italy’s Rai Cinema and Rai Com have reorganized their distribution activities within the Rai group to increase the visibility of Italian cinema worldw
Landmark Cinemas Canada has announced that it is planning to build a theatre at the Mikhail Centre, Windsor, Ontario's premiere shopping destination in the Fall of 2024.