Business

Cinema’s Next Chapter

Wed, 02/10/2021 - 11:15 -- Wim Buyens

Much has been written, broadcast, and talked about regarding the fate of cinemas throughout 2020. As the CEO of a global cinema technology company, I stand at the crossroads of talking with exhibitors, technologists, leaders, and creatives across geographies. This mosaic of viewpoints provides a unique perspective into our industry-specific challenges, opportunities, and possibilities for the road ahead. When you start to connect the dots in our industry, three drivers have significant potential to shape cinema in 2021.

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Flicks, Neon Renew Partnership

Tue, 02/09/2021 - 11:20 -- Nick Dager

Flicks, a company of Vista Group International and leading New Zealand video on demand platform Neon, today announced a renewed 12-month partnership. The partnership is a content driven solution which utilizes Flicks’ writing talent and position in the market to promote Neon’s range of top-drawer TV series in a natural and appealing way.

CCM Cinemas Installs Costa Rica’s First Laser Projectors

Tue, 02/02/2021 - 10:47 -- Nick Dager

Costa Rican cinema chain CCM Cinemas has opened the country’s first movie theatre equipped with an RGB pure laser projector. The cinema, located at Plaza Occidente multiplex in San Ramón, the country’s second largest city, has installed a Christie CP2315-RGB projector, as well as Christie Vive Audio speakers and Dolby Atmos sound. The installation was carried out by the systems integrating company Vidicom

NCM, Harkins Sign Long-Term Cinema Advertising Agreement

Tue, 02/02/2021 - 09:34 -- Nick Dager

National CineMedia and Harkins Theatres, the fifth-largest exhibitor in America, have signed a long-term cinema advertising affiliate agreement to bring NCM’s Noovie pre-show entertainment program to millions of Harkins movie fans across the Southwest. With the addition of Harkins Theatres, NCM’s national theatre network now includes all of the top five exhibitors in the country.

Some Cinema Markets Rebounding, New Report Finds

Tue, 01/26/2021 - 15:38 -- Nick Dager

Researchers at Britain’s Gower Street Analytics have released a new report that shows that, as theatres are allowed to open, some cinema markets are slowly beginning to rebound in the wake of the pandemic. This past weekend marked one year from the first closure of the China’s cinema market due to the COVID-19 virus. That market closed just ahead of its lucrative Chinese New Year holiday in 2020 – a holiday that this year falls on February 12, due to the lunar calendar on which it is based. A year on and currently China is the most robust international market, tracking 41 percent ahead of 2020, even before reaching the closure period of last year, and on par with the average of the previous three years: 2017-2019

CineStar Selects Barco Series 4 Projection for New Sarajevo Multiplex

Thu, 01/21/2021 - 12:33 -- Nick Dager

CineStar Bosnia and Herzegovina has chosen 4K laser projection by Cinionic for its new destination cinema, CineStar 4DX Sarajevo - Bingo City Center. As part of the deal, Cinionic, the Barco, CGS, and ALPD cinema joint venture, brings its award-winning Barco Series 4 laser projection to the theatre’s 10 auditoriums.

Streamland Media Announces Intent to Acquire Technicolor Post Business

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

Streamland Media, formerly Picture Head Holdings, has entered into an agreement to acquire the Technicolor Post business. This addition builds upon Streamland’s global network of award-winning talent, further solidifying their dedication to the creativity, innovation and collaboration essential in post-production. The acquisition, which is subject to customary closing conditions, is backed by Trive Capital and Five Crowns Capital and is expected to close in the first half of 2021.

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