Business

Some Cinema Markets Rebounding, New Report Finds

Tue, 01/26/2021 - 15:38 -- Nick Dager

Researchers at Britain’s Gower Street Analytics have released a new report that shows that, as theatres are allowed to open, some cinema markets are slowly beginning to rebound in the wake of the pandemic. This past weekend marked one year from the first closure of the China’s cinema market due to the COVID-19 virus. That market closed just ahead of its lucrative Chinese New Year holiday in 2020 – a holiday that this year falls on February 12, due to the lunar calendar on which it is based. A year on and currently China is the most robust international market, tracking 41 percent ahead of 2020, even before reaching the closure period of last year, and on par with the average of the previous three years: 2017-2019

CineStar Selects Barco Series 4 Projection for New Sarajevo Multiplex

Thu, 01/21/2021 - 12:33 -- Nick Dager

CineStar Bosnia and Herzegovina has chosen 4K laser projection by Cinionic for its new destination cinema, CineStar 4DX Sarajevo - Bingo City Center. As part of the deal, Cinionic, the Barco, CGS, and ALPD cinema joint venture, brings its award-winning Barco Series 4 laser projection to the theatre’s 10 auditoriums.

Streamland Media Announces Intent to Acquire Technicolor Post Business

Thu, 01/14/2021 - 14:01 -- Nick Dager

Streamland Media, formerly Picture Head Holdings, has entered into an agreement to acquire the Technicolor Post business. This addition builds upon Streamland’s global network of award-winning talent, further solidifying their dedication to the creativity, innovation and collaboration essential in post-production. The acquisition, which is subject to customary closing conditions, is backed by Trive Capital and Five Crowns Capital and is expected to close in the first half of 2021.

Thomson Named CEO of Liquid Media Group

Wed, 01/13/2021 - 11:50 -- Nick Dager

Liquid Media Group has appointed Ronald Thomson as its CEO to drive the growth of its evolving business. As president of the global business development firm Cameron Thomson Group, he has been building successful media/entertainment and tech companies for more than two decades from its offices in Toronto, London, Lake Como, Los Angeles and Taipei.

Reading Launches Angelika Anywhere

Wed, 12/30/2020 - 10:42 -- Nick Dager

Reading International has launched Angelika Anywhere, a streaming platform curated for film lovers, as inspired by its Angelika Film Center in New York City, one of North America’s most recognized dedicated arthouse. Since its inception in 1989, the Angelika’s flagship SoHo cinema has been debuting and celebrating groundbreaking independent and international films, many of which have gone on to become important pinnacles of the cinema industry at large.

Strong Installs Projection Equipment for IPIC’s Newest Theatre

Mon, 12/28/2020 - 09:43 -- Nick Dager

Strong Technical Services has completed the installation of projection equipment for IPIC Theater’s newest location in Midtown Atlanta at the reimagined Colony Square. Technology installed included an advanced load balanced and fault tolerant network to support projection booth equipment, a streaming content library and a large QSC Q-SYS ecosystem across the entire complex.

CMX Cinemas: Facts Matter

Tue, 12/15/2020 - 11:15 -- Nick Dager

In an open letter to the motion picture industry today CMX Cinemas’ chief financial officer Luis Castelazo called upon the studios to recognize the challenges that exhibitors are currently facing and to treat them as the important partners they are. Here is his letter in its entirety:

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