Ymagis Group announced today that it has agreed with Dallas-based CinTech to form a new, full-service exhibitor services company in North America. Under the terms of the agreement and subject to the fulfillment of conditions precedent, a new company, CinemaNext North America, will be created with Ymagis Group acquiring a 75 percent stake and CinTech the remaining 25 percent. CinemaNext North America will be managed by industry veteran Stan Hays. Both parties intend to start operations during the second quarter of the year
Ymagis today reported its consolidated financial results for the 2016 fiscal year, ending December 31, 2016, as approved by the Group’s Board of Directors following its meeting April 4, 2017. In 2016, Ymagis Group maintained its strong growth momentum, reporting revenues up by +13 percent at €178.2 million, primarily due to the acquisition of businesses completed both in 2015 and 2016.
The European Audiovisual Observatory is focusing on the impact of video-on-demand on the film value chain in this year’s Cannes conference. This year’s topic Is VoD growing the film pie its impact on the film ecosystem. The discussion will take place May 20.
Award-winning animation studio Laika has tapped Striker Entertainment to serve as its worldwide licensing agent.
After standardizing its portfolio on Sony 4K, Vue International has upgraded the remaining DLP projectors across its estate in the UK, Ireland and Germany (CinemaxX) with 44 Sony SRX-R515DS dual projection systems.
Barco has launched a program designed to ensure peace of mind and low total cost of ownership for exhibitors and constant superior image quality for moviegoers. The SmartCare program provides a guaranteed light source output over a 10-year period for Barco’s Smart Laser cinema projectors.
VIP Cinema Seating has expanded its manufacturing facility expansion giving the company the capability to produce 2,000 luxury cinema seats per day. Like the four major facilities expansions that came before it, this fifth expansion within eight years, comes in response to dramatically burgeoning demand as exhibitors across the world are recognizing the value of luxury seating in the cinema-going experience. Since VIP introduced the concept of luxury reclining seating to the theatre industry in 2008, the company has completed over 500 custom cinema projects worldwide, finishing 2016 with a 44.2 percentage increase in overall shipments.
Éclair today announced the launch of EclairPlay, its new all-in-one download platform connecting exhibitors and content owners around the world. The EclairPlay platform is designed for cinema exhibitors, providing access to a growing range of digital cinema package content available for download and projection as well as to all tools and content marketing material necessary for successful programming and audience building.
More than 200 cinema professionals from around the world gathered in Auckland, New Zealand last week for the eighth biennial Vista Customer Conference. The conference was the largest yet that Vista has held. Vista Group, provider of cinema management, film distribution and customer analytics technology to studios, distributors, exhibitors, and moviegoers, provided updates on current and future product developments.
Prior to its opening this Friday, Disney’s live-action movie Beauty and the Beast has already set a new record as Fandango’s number one family pre-seller of all time, with Beauty pre-sales (through Monday night) already eclipsing total pre-sales for any other family film in Fandango’s 17-year history.