Business

Thomson Named CEO of Liquid Media Group

Wed, 01/13/2021 - 11:50 -- Nick Dager

Liquid Media Group has appointed Ronald Thomson as its CEO to drive the growth of its evolving business. As president of the global business development firm Cameron Thomson Group, he has been building successful media/entertainment and tech companies for more than two decades from its offices in Toronto, London, Lake Como, Los Angeles and Taipei.

Reading Launches Angelika Anywhere

Wed, 12/30/2020 - 10:42 -- Nick Dager

Reading International has launched Angelika Anywhere, a streaming platform curated for film lovers, as inspired by its Angelika Film Center in New York City, one of North America’s most recognized dedicated arthouse. Since its inception in 1989, the Angelika’s flagship SoHo cinema has been debuting and celebrating groundbreaking independent and international films, many of which have gone on to become important pinnacles of the cinema industry at large.

Strong Installs Projection Equipment for IPIC’s Newest Theatre

Mon, 12/28/2020 - 09:43 -- Nick Dager

Strong Technical Services has completed the installation of projection equipment for IPIC Theater’s newest location in Midtown Atlanta at the reimagined Colony Square. Technology installed included an advanced load balanced and fault tolerant network to support projection booth equipment, a streaming content library and a large QSC Q-SYS ecosystem across the entire complex.

CMX Cinemas: Facts Matter

Tue, 12/15/2020 - 11:15 -- Nick Dager

In an open letter to the motion picture industry today CMX Cinemas’ chief financial officer Luis Castelazo called upon the studios to recognize the challenges that exhibitors are currently facing and to treat them as the important partners they are. Here is his letter in its entirety:

Showbiz Opens New Texas Theatre

Mon, 12/14/2020 - 11:26 -- Nick Dager

Showbiz Cinemas has opened a new theatre at the site of its previous location in Waxahachie, Texas. The 66,000 square foot building is now home to Bowling, Movies & More, offering an exciting one-stop destination for all family members. The location features thirteen auditoriums, all with new plush power recliner seating, new 7.1 surround sound systems and wall-to-wall, ceiling-to-floor curved screens.

Global 2020 Box Office Losses Total $32 Billion, New Report Says

Thu, 12/10/2020 - 09:13 -- Nick Dager

The global cinema industry is set to lose $32 billion in 2020 due to the COVID-19 pandemic, a 71.5 percent reduction in box office revenue compared to 2019, according to Omdia’s latest Movie Windows: Adapting for the Future report. Box office revenue has dipped below $13 billion for the first time in over two decades, forcing many studios to experiment with other platforms to account for the decline in box office revenues.

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