Business

MIT Reports First Fiscal Quarter Results

Mon, 11/21/2022 - 08:17 -- Nick Dager

Moving Image Technologies has announced results for its first fiscal quarter ended September 30, 2022. “We started the year out on solid footing with strong revenue growth, roughly improving to break-even on a net income and EPS basis,” said Phil Rafnson, chairman and chief executive officer. “During the quarter, we signed a major movie theatre chain for our emerging CineQC quality control [software-as-a-service] platform and saw strong sales of our USL ADA compliance products as well. We have also been building our eSports product pipeline in conjunction with our partner SNDBX.”

Showcase Opens Newest Cinema

Wed, 11/16/2022 - 10:11 -- Nick Dager

Showcase Cinemas today announced the official opening of its newest theatre, the Showcase Cinema de Lux Hanover Crossing, in Hanover, Massachusetts. Serving the entire South Shore community, the new theatre will open with films including the much-anticipated Black Panther: Wakanda Forever, Lyle, Lyle Crocodile, Black Adam, and She Said.

Fathom Events to Present the Documentary Portrait of the Queen

Wed, 11/16/2022 - 08:40 -- Nick Dager

On Wednesday, November 30, Fathom Events will present the documentary Portrait of The Queen in more than 500 theatres nationwide. Queen Elizabeth ll was the most photographed, the most loved and talked about, spied on, praised, criticized, popular woman on the planet. The film is based on the best-selling book Elisabetta II: Ritrato di Regina by Paola Calvetti

Cinemark Opens New Theatre in Houston

Mon, 11/14/2022 - 07:49 -- Nick Dager

The Cinemark Missouri City and XD Theatre has opened in the Fort Bend Town Center in southwest Houston. The 14-screen theatre is the first to showcase a reimagined theatre design, and, the company says, it brings the best in exhibition to Houston moviegoers, with immersive, first-class amenities including two XD auditoriums, all Luxury Lounger recliners and a new look and feel that enhances the customer experience from the minute they walk into the theatre, all the way to the end credits

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The Totah Theatre is Reborn

Wed, 11/09/2022 - 12:09 -- Nick Dager

One of New Mexico’s oldest movie theatres recently underwent a major renovation and has been given a new lease on life. Opened in 1949 and used as a movie theatre until 1982, the Totah Theatre thereafter was used as a performance theatre. In 2006, the Totah Theatre was converted into a multi-use performance hall. In 2020, San Juan County acquired, and in partnership with the City of Farmington renovated the facility to create a film center for the region.

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