Business

European, UK 2020 Box Office Down 70 Percent

Mon, 07/05/2021 - 11:17 -- Nick Dager

While it has been widely understood that, because of the pandemic, 2020 was a terrible year for the cinema business, a new report from the European Audiovisual Observatory documents just how bad it really was. The theatrical market collapsed in 2020 with cinema attendance in the EU and the UK plummeting by 70.2 percent to an estimated 300 million tickets, down from more than one billion admissions in 2019 (the highest level since 2004). Gross box office earnings dropped correspondingly from Euro 7.20 billion to Euro 2.13 billion (US 2.4 billion), down by 70.4 percent from 2019, as the average ticket price in the EU remained stable at Euro 7.1 (USD 8.1).

CinemaNext Opens an Online Store

Mon, 07/05/2021 - 09:59 -- Nick Dager

CinemaNext today announced the roll out of its dedicated e-commerce platform, CinemaNext Shop, across Europe and internationally. The largest online sales platform for the cinema technology industry, CinemaNext Shop is designed to allow exhibitors around the globe to easily order from CinemaNext’s catalogue of thousands of spare parts, consumables, projection & sound equipment, software solutions, and much more.

B&B Theatres Installs Cinionic Projectors in Newest Location

Thu, 07/01/2021 - 14:52 -- Nick Dager

B&B Theatres, the sixth largest exhibitor in the U.S., is installing Cinionic Grand Screen laser projectors in its newly renovated Blacksburg 11 theatre in Blacksburg, Virginia, opening this month. B&B Theatres premium Grand Screen auditoriums are home to some of the largest screens in the U.S. The reimagined Grand Screen powered by CGS at B&B Blacksburg 11 will offer moviegoers an exceptional cinema experience in every visit.

Movio, Numero Launch Podcast about Moviegoers

Wed, 06/30/2021 - 11:22 -- Nick Dager

Movio and Numero, the box office collection and reporting platform, have announced that they will produce Behind the Screens, a new weekly podcast providing actionable insights on the moviegoers behind the box office numbers. The podcast will feature interview segments with Vista Group studio and exhibition partners, data scientists, colleagues, and others.

Polish Cinema First to Offer Payment with the Eye

Mon, 06/28/2021 - 10:14 -- Nick Dager

The Polish technology company PayEye is celebrating one year of market presence and to mark the occasion has added Nowe Horyzonty Cinema in Wroclaw as a partner. It becomes the first cinema in the world with an innovative iris payment system. Until recently, only in films and in the visions of technology enthusiasts was it possible to pay with the ey

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