Business

Cinionic Laser Now Program Offers Flexible Vendor Financing

Mon, 11/02/2020 - 16:36 -- Nick Dager

Cinionic, the Barco, CGS, and ALPD cinema joint venture, has introduced Laser Now, a new initiative making the transition to laser possible for more theatres than ever before. Following Cinionic’s recent expansion of its laser portfolio, the vendor-financed program allows theatres to move to laser for significantly less today and pay the rest over time.

Christie to Feature Wide Range of Technology at CineAsia 2020

Mon, 11/02/2020 - 12:22 -- Nick Dager

Christie will feature its wide range of cinema products this week at CineaAsia 2020. Christie says the virtual event, which runs November 4-5, enables the company to reaffirm its support for partners and customers in the Asia Pacific region, as various exhibitors seek to reopen their theatres after extended periods of closure due to COVID-19. CineAsia 2020 also serves as a useful platform for Christie to showcase its cinema technology and services designed to further improve cost of operation.

Kinepolis Upbeat about Cinema’s Future

Mon, 11/02/2020 - 10:53 -- Nick Dager

The Kinepolis Group reported on its third quarter financial status last Friday and, despite the ongoing challenges of the global pandemic, CEO Eddy Duquenne remains confident that his company and the cinema business as a whole will survive. “This global crisis is hitting us hard both directly and indirectly,” he said. “On the one hand because of the restrictive measures inside our cinemas and, on the other, because almost all blockbusters have been postponed. I remain positive about the future, as we are seeing that many movie lovers keep coming in spite of everything and feel safe inside the cinema. The fact that the studios are constantly postponing the vast majority of their films until a moment when they can secure their income, proves the importance and value of a cinema release. We are currently in pause mode, but the intermission of this film is lasting longer than foreseen. Fortunately, Kinepolis is in good financial shape.”

Christie Launches CounterAct Line of Far-UVC Lights

Wed, 10/28/2020 - 10:39 -- Nick Dager

Christie has launched the Christie CounterAct line of commercial UV disinfection products with patented Care222 far-UVC light technology for cinemas, theme parks, museums, sports complexes and other indoor spaces. Unlike comparable products, the Christie fixture uses Ushio’s patented narrowband filtered Care222 excimer lamps that emit far-UVC 222nm light – the only UV technology shown to continuously and significantly reduce pathogens, like coronaviruses, that may also be used while people are present, when used in accordance with specified parameters. Mass production of the new Christie CounterAct fixture starts in January 2021.

Muvi Opens Tenth Cinema in Fourteen Months

Tue, 10/27/2020 - 13:11 -- Nick Dager

Muvi Cinemas is celebrating the inauguration of its 103rd screen in Saudi Arabia this month with the opening of its new theatre in the Mall of Dhahran. The site is the tenth for Muvi Cinemas in 14 months since debuting their first location, having entered the market in 2019 as the Kingdom of Saudi Arabia’s first homegrown theatre chain

Alamo Opens Video Vortex in Austin

Mon, 10/26/2020 - 10:11 -- Nick Dager

One of the victims of the global pandemic was Vulcan Video in Austin, Texas. The store opened in 1985 and quickly acquired a worldwide reputation for its vast curated collection of rare and hard-to-find VHS tapes, DVDs, and Blu-Rays. Alamo Drafthouse has acquired the collection and, once the COVID-19 crisis is over, the lobby of Alamo Drafthouse South Lamar in Austin will be the home of Video Vortex South Lamar, powered by Vulcan Video South.

RealD 3D Patents Upheld in China

Tue, 10/20/2020 - 11:59 -- Nick Dager

RealD announced today that the China National Intellectual Property Administration has upheld the company’s patent on 3D cinema projection systems in China. The decision was issued by the Patent Review Board, a subsidiary office of CNIPA. According to the PRB's announcement, all of the petitioner's invalidation arguments were rejected, and RealD's patent is maintained in full.

Cinemas Will Survive

Mon, 10/19/2020 - 11:15 -- Nick Dager

I last spoke with B&B Theatres executive vice president Brock Bagby in April as businesses across the country were shutting down in response to COVID-19. At that time all of their theatres were dark and the company had furloughed nearly 2,000 employees. I recently emailed Bagby to see if he would agree to a follow-up interview. His response was to say yes, adding, “But it’s been a rough seven months.” B&B Theatres, the sixth largest theatre chain in North America, is not just any independent cinema chain. For nearly a century, the company has understood better than most of their competitors that they don’t just show movies; they are in show business. They believe that movies are magic and their theatres amplify the experience like few others.

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