Business

Strong Entertainment Files for Initial Public Offering

Mon, 04/11/2022 - 11:29 -- Nick Dager

The Strong Entertainment Group subsidiary of Ballantyne Strong has filed for an initial public offering that will spin it out of its parent as a separate company. The filing does not price the stock nor say how many shares will be sold. That will be disclosed in later amendments. The new company is to be named Strong Global Entertainment and is intended to trade on the New York Stock Exchange under the symbol SGE.

Saudi Arabia’s Cinema Success Grows

Wed, 04/06/2022 - 12:47 -- Nick Dager

There was so much happening at the global box office in 2021 it was, perhaps, easy to overlook one of the most significant pieces of news: The Kingdom of Saudi Arabia overtook Italy in annual box office in terms US dollars, according to a new report from the London-based analytics firm Gower Street. This put Saudi Arabia into the top six markets in the Europe, Middle East, and Africa region, the report said. It marked the first time on modern record that one of the so-called big six European markets (UK/Ireland, France, Germany, Russia, Italy, and Spain) had been supplanted.

Christie Names Hideaki Onishi Chairman and CEO

Mon, 04/04/2022 - 11:26 -- Nick Dager

Christie has named Hideaki Onishi as its new chairman and CEO. With more than 30 years of management experience in various positions within the Ushio, Inc. group – parent company of Christie – Hideaki will begin his role immediately to lead Christie into its next chapter. Hideaki will replace Kazuhisa Kamiyama, who has completed his tenure with Christie and is returning to Japan to take up a new role at Ushio headquarters.

Pages

Subscribe to Business