GDC Technology Limited announced today it has signed an agreement with Film Expos Group to be the official co-presenting sponsor of CineAsia 2024. As part of the agreement, GDC will continue to play a significant role at Asia’s largest convention and trade show, which is held solely to promote a sustainable and greener cinema industry. CineAsia will be held December 9-12 at the True Icon Hall in Bangkok, Thailand.
CJ 4DPlex has appointed Jun Bang as CEO. Bang is the youngest ever appointed CEO within the CJ Group of companies, also making him amongst the youngest executives to hold the position within Korea's major conglomerate companies. His ascent at the company comes after he spearheaded several key initiatives and played a key role in the rapid success of the global entertainment company.
The National Association of Theatre Owners announced today that it will honor Sean Gamble, president and CEO of Cinemark, with the 2025 NATO Marquee Award during next year’s CinemaCon. Gamble is being recognized by NATO for his unwavering dedication, commitment, and service to the motion picture theatre industry. He will receive the industry’s highest tribute as part of CinemaCon's State of the Industry program on Tuesday, April 1, 2025. CinemaCon will be held March 31-April 3, 2025, at Caesars Palace in Las Vegas.
The Trusted Partner Network announced today that Deluxe Media has joined TPN as a new service provider member.
Alamo Drafthouse Cinema plans to open two new movie houses in the South Bay area of California outside San Francisco in time for the blockbuster film season of summer 2025, taking over theatre locations that have been empty for months.
The Regal Cineworld Group has successfully secured a new $1.9 billion term loan B facility. The new facility is priced at a secured overnight financing rate plus 525 base percentage points with a maturity date of December 1, 2031, and replaces the group's existing term loan B.
Arts Alliance Media and Goldenduck, Southeast Asia’s leading cinema system integrator of more than 40 years and the official technical coordinator of CineAsia, have announced that for the second consecutive year AAM’s Screenwriter theatre management system will manage content and scheduling at CineAsia 2024.
CinemaNext has appointed Donald McGarva as its new chief executive officer, effective immediately. McGarva brings more than 25 years of executive leadership experience in the entertainment, technology, and business-to-business sectors, with a proven track record of driving business growth, operational excellence, and strategic transformation at global companies in Europe, the U.S., and Asia.
This festive season, Showcase Cinemas invites families to join in the holiday spirit with a charity screening of The Magic Reindeer: Saving Santa’s Sleigh. On Sunday, December 8, Showcase Cinemas in the United Kingdom will host special screenings at 10:30am across cinemas nationwide, where customers can enjoy the magical holiday movie in exchange for a food donation on arrival at the cinema.
Large mall developers in parts of India plan to shrink multiplex spaces in their future projects as cinemas no longer attract big crowds and generate enough revenues throughout the year. Multiplexes used to generate ten percent of the footfall of a mall, which has reduced to six or seven percent, forcing the developers to rethink the strategy, industry executives said.
