Business

AMC, Odeon Set Weekend Attendance, Admissions Records

Tue, 07/30/2024 - 09:37 -- Nick Dager

AMC Entertainment today announced that this past Thursday through Sunday, it set new 2024 records for weekend attendance and admissions revenue at its AMC Theatres locations in the U.S. and also for its Odeon Cinemas locations throughout the world. In all, AMC and Odeon welcomed more than six million moviegoers to its theatres from Thursday through Sunday.

Cinemark Breaks Box Office Record with Deadpool & Wolverine

Tue, 07/30/2024 - 09:34 -- Nick Dager

Cinemark today announced that the opening weekend of Deadpool & Wolverine was the company’s highest-ever domestic opening box office for a film premiering during the busy summer moviegoing season, beating out every other film opening from May through August in the exhibitor’s history. Further, the film marked the biggest opening weekend ever for Cinemark XD, the company’s private-label premium large format, and an all-time high weekend for D-Box motion seats, underscoring demand from fans to see films in the most immersive environment possible.

Online Movie Ticketing Services Market to reach $29.6 billion by 2030

Mon, 07/29/2024 - 10:16 -- Nick Dager

A new report on the global market for online movie ticketing services estimates the 2023 market at $22.9 billion in 2023 and projects the market will reach $29.6 billion by 2030, growing at an annual growth rate of 3.8 percent from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Cineplex Opening Three New ScreenX Theatres

Wed, 07/24/2024 - 10:02 -- Nick Dager

Cineplex will open three new CJ 4DPlex ScreenX theatres this year throughout Canada. The addition of these new locations will bring the total number of Cineplex’s ScreenX auditoriums to 20, solidifying the company’s position as the leader in this innovative format in Canada. The newest ScreenX auditorium will open at Cineplex Cinemas Coquitlam and VIP in the fall with the other two locations to be announced.

Severtson Official Cinema Screen Sponsor of LIFCC in Nigeria

Wed, 07/24/2024 - 09:58 -- Nick Dager

Severtson Screens is the official screen sponsor of The Lagos International Film and Cinema Convention trade show, which is being held August 1-3 in Lagos, Nigeria at EbonyLife Place. At the event Severtson will be featuring its SeVision 3D GX line with enhanced projection screen coating as well as its cinema screen price estimator.

Mike Bowers Named Chair of The Cinema Foundation

Tue, 07/23/2024 - 09:17 -- Nick Dager

The National Association of Theatre Owners has announced that Mike Bowers, president & CEO of Harkins Theatres, has been appointed as the new chair of its non-profit organization, The Cinema Foundation. Bowers takes over from Tim Handren, who recently retired as CEO of Santikos Theatres. Tori A. Baker, the CEO and president of the Salt Lake Film Society, will continue to lead as the vice chair of The Cinema Foundation.

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