Business

Cinépolis Opens Maryland Theatre

Thu, 07/20/2017 - 12:04 -- Nick Dager

Cinépolis USA is opening a premium large format theatre in Kimco Realty’s Kentlands Market Square in Gaithersburg, Maryland. Cinépolis Luxury Cinemas-Gaithersburg, anticipated to open in 2019, marks Cinépolis USA’s debut into Maryland and adds to the brand’s existing list of 16 movie houses in the U.S., six of which are Luxury Cinemas. The approximately 34,000-square-foot movie theater will hold 540 seats.

Who Made Wonder Woman a Hit?

Mon, 07/10/2017 - 10:15 -- Nick Dager

Wonder Woman's audience evolved in a similar manner as most blockbusters but with some trends notably magnified, according to an audience evolution report released by Movio. While the female and fifty and older segments of the audience generally grow over the course of a blockbuster’s run, Wonder Woman’s female audience nearly reached parity with the male audience by the third week.

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The Fight for Cinema Dollars

Thu, 07/06/2017 - 13:14 -- Nick Dager

Morgan Stanley analyst Benjamin Swinburne issued a report this week in which he argues that the big studios should get serious about premium on-demand video and suggests that Hollywood release feature films to the home while they’re still showing in movie theatres.

Indiepay Rebrands Itself as GreenSlate

Mon, 06/05/2017 - 12:20 -- Nick Dager

Entertainment payroll company Indiepay officially unveiled its rebrand today as GreenSlate with the launch of enhanced entertainment payroll and accounting software. Now, GreenSlate users have all-digital employee start-work capabilities, digital/mobile timecards, online purchase order management, and prepaid cards to replace petty cash.

Ymagis Group Reports Q1 2017 Revenue

Thu, 05/18/2017 - 12:17 -- Nick Dager

Ymagis Group has reported its consolidated financial results for the first quarter of 2017, ending March 31. In a market where replacement sales have not yet significantly taken off and after a first quarter generally unrepresentative of annual business, revenue for Ymagis Group was down by 2.9 percent at €41.5 million over the first three months of 2017, mainly due to the effect of a scheduled reduction in VPF business and a temporary fall in equipment sales.

EU Cinema Attendance Up, Box Office Down in 2016; Digital Conversion Nearly Complete

Fri, 05/12/2017 - 12:29 -- Nick Dager

An estimated 991 million cinema tickets were sold in the 28 European Union member states in 2016. This is 13.3 million more than in 2015 and marks the highest level registered in the EU since 2004. Cumulative gross box office revenues measured in euros, however, declined slightly by 2.3 percent from 2015’s record high but remained above the €7 billion level for the second consecutive year amounting to an estimated €7.04 billion.

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