Business

Ymagis Group Places Éclair Cinema in Receivership

Mon, 01/28/2019 - 11:30 -- Nick Dager

Ymagis Group has announced the implementation of the Employment Protection Plan for Eclair Cinema SAS following its approval by the regional labor authority and validation by the official receiver. This decision follows the placement in receivership of the French subsidiary Eclair Cinema SAS last November. For information, Eclair Cinema SAS represented 5.5 percent of Ymagis Group’s revenue for the first half of 2018 and almost all losses recorded over this same period.

Fandango, IMAX Partner on VOD

Tue, 01/08/2019 - 11:55 -- Nick Dager

FandangoNow, Fandango’s video on-demand service, will become the first U.S. digital retailer for IMAX Enhanced films releasing to home video. FandangoNow will have exclusive rights as the sole transactional VOD service to feature this content in the U.S. through 2019. The IMAX Enhanced program is a certification and licensing program, combining IMAX digitally re-mastered 4K high dynamic range content and DTS audio technologies.

Capital Cinema Unveils World’s Largest Onyx Screen

Mon, 12/10/2018 - 10:37 -- Nick Dager

Samsung Electronics unveiled its largest-ever 3D-ready Onyx screen at Capital Cinema in the Xicheng district in Beijing, China. The December 7 opening of the world’s largest 3D LED cinema was timed with the premiere of Warner Bros.’ DC Comics superhero film Aquaman, which has a DTS:X immersive sound track. Aquaman opened with $93.6 million in ticket sales in three days in China, marking the best start for a Warner Bros. title in that territory.

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