Ymagis today reported its consolidated revenue figures for the fourth quarter of 2015. For the quarter, the group’s revenue amounted to €51.6 million, an increase of 20.7 percent compared to the fourth quarter of 2014. For the 2015 fiscal year, the company generated cumulated revenue of €157.7 million, an increase of 86.4 percent over the prior year period on a reported basis, and an increase of 4.8 percent over the 2014 fiscal year pro forma.
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.
A film like Star Wars: The Force Awakens comes along once in a very great while. With the support of Veezi, independent theatre owners were able to participate in the film’s phenomenal theatrical performance incident-free, the company says.
Vista Group International has announced the signing of a strategic partnership with Share Dimension, a Dutch software development company specializing in predictive analytics business intelligence solutions for cinema exhibitors. The transaction, which will complete on January 4, 2016, will see Vista owning 50 percent equity and will further fuel Share Dimension’s strong ambitions for the coming years.
Weischer.Media and Ymagis Group today announced that the 2.1 version of the Theatre Management System Melody has been certified by Weischer.Media as Cinema.Reloaded ready, signifying that Melody TMS is fully compatible with Weischer.Media’s digital cinema advertising solution, Cinema.Reloaded when interfaced with the required OneDCN pre-show system.
Qube Cinema has launched the CinemaDB website https://www.cinemadb.io, a comprehensive database of cinemas worldwide that allows theatre chains, single screens and digital cinema integrators to manage their own facility details and the devices used in each auditorium.
Webedia continues its expansion into the United States through the acquisition of West World Media, a global leader in cinema data syndication and a digital marketing partner of numerous cinema circuits across the United States. This operation marks the next stage for the French group’s international expansion, which now reaches an audience of 80 million unique visitors a month around the globe.
Vista Entertainment Solutions has signed a new agreement with Ymagis Group/dcinex for the sale and distribution of VES cinema management software in Russia and CIS. The new partnership benefits both companies: Ymagis Group/dcinex expands the range of products and services offered by the company’s Moscow team; and for VES, this distribution agreement enables new and extended opportunities to secure cinema exhibition customers in Russia.
Share Dimension has announced their latest Cinema Intelligence release. The redesign features extensive new functionality in business intelligence and predictive analytics.
Vista Entertainment Solutions has signed an agreement with Nordisk Film Cinemas, the largest cinema chain in Norway with 71 screens in 20 theaters. The supply agreement is the first for VES in Scandinavia. The announcement was made by Mischa Kay, managing director, VES EMEA, and Jannicke Haugen, managing director of Nordisk Film Cinemas, as the first Nordisk cinema went live with VES software this week.
