Business

Ushio America has partnered with Matex Controls, makers of the Virtual Energy Management System platform, which is designed specifically for cinema buildings. The system claims offers energy savings of more than 25 percent over time with no out of pocket expense to exhibitors.

China Film Company, one of the leading Chinese motion picture and television companies, today issued a press statement to the Shanghai stock exchange announcing its intent to acquire a 15 percent stake in Ymagis SA’s common stock.

CJ CGV, operator of 2,821 screens at 368 locations in seven countries, has named Paul Richardson as the first chief operating officer of CJ CGV Americas. The move comes as the company looks to increase its presence in the U.S. marketplace.

Dadi Cinema Group has signed a strategic cooperation agreement with China Enterprise ICT Solutions (China Entercom). Under the terms of the agreement, China Entercom will provide Dadi with a comprehensive network management solution including consultation, design, deployment and operations support.