Ymagis Group has increasd its ownership stake in Belarusian exhibitor services business partner Kraftwerk Weissrussland from 20 percent to 60 percent following an agreement with Austria’s Kraftwerk Living Technologies.
MBO Cinemas, Malaysia, has committed to purchase 100 Dolby ShowVault/Integrated Media Blocks as well as 75 units of the Dolby Digital Cinema Processor CP750 and 25 units of the Dolby Atmos Cinema Processor CP850 to deploy in all of its new cinema screens in Malaysia through June 1, 2018.
CinemaNext has signed an agreement with Empire Cinemas, the UK’s leading independently owned cinema chain, to oversee projection and audio installations, field services and technical customer support. The agreement covers Empire’s entire network of 14 locations across Great Britain, representing a total of 127 screens, including two IMAX Cinemas.
Bow Tie Cinemas has signed on to become National CineMedia’s newest affiliate. Beginning in the first quarter of 2017 Bow Tie’s 43 theaters with 271 screens in Colorado, Connecticut, Maryland, New Jersey, New York and Virginia will become part of America’s Movie Network.
Ymagis Group today announced an agreement with Vicenza-based Open Sky SRL for the acquisition Open Sky Cinema, its theatrical content delivery activities dedicated to cinema exhibition.
National CineMedia has created a new Affiliate Partnerships team dedicated to serving the needs of its more than 40 movie theater affiliates nationwide. Veteran NCM executive Stacie Tursi has been tapped to lead the team in the new role of senior vice president of Affiliate Partnerships, based in the company’s Centennial, Colorado headquarters. Tursi will report directly to NCM president Cliff Marks, who will be taking a more active role working with NCM’s affiliate partners going forward.
AMC Entertainment Holdings has acquired London-based Odeon & UCI Cinemas Holdings Limited from private equity firm Terra Firma. When the transaction closes, expected on or about November 30, the combination of AMC and Odeon & UCI will make AMC the largest movie theatre operator in the world.
Creators, artists, musicians and filmmakers, on the one hand, defend their legitimate right to reap the benefits of their work. Internet users and public at large, on their part, claim a fundamental right to access information and culture online on fair terms and by means of more attractive business models. How can the current copyright laws respond to all these challenges? What should be the role of internet intermediaries in the enforcement of copyright online? And more generally in this context, how to combine effective protection with the principle of net neutrality?
In one of the biggest deals in the emerging digital cinema business, the Ymagis Group has acquired Eutelsat’s 50.2 percent stake in DSAT Cinema and now, effectively, controls the company.
GDC Technology and Dolby Laboratories have reached an agreement to resolve the litigation filed by GDC against Dolby.