The Jamaican cinema chain Palace Amusement Company has opened a new four-screen multiplex in Portmore Pines, St Catherine, featuring Christie digital cinema projection throughout, including an RGB pure laser projector, the first of its kind in the country. Cinema Equipment & Supplies carried out the installation.
In a strongly worded statement, the National Association of Theatre Owners defended the practice of exclusive theatrical release windows for exhibitors and used Disney’s latest movie, Black Widow, as its prime example. Here is NATO’s statement in full: “Black Widow’s excellent reviews, positive word of mouth, and strong previews and opening day total ($13.2 million/$39.5 million) led to a surprising 41 percent second day drop, a weaker than expected opening weekend, and a stunning second weekend collapse in theatrical revenues. Why did such a well-made, well-received, highly anticipated movie underperform? Despite assertions that this pandemic-era improvised release strategy was a success for Disney and the simultaneous release model, it demonstrates that an exclusive theatrical release means more revenue for all stakeholders in every cycle of the movie’s life.
Barco CEO Jan De Witte has resigned, effective September 1. He will be replaced by Charles Beauduin and An Steegen, who will serve as co-CEOs. They will start respectively on September 1 and October 1.
Fan favorites Coraline and ParaNorman are coming back to theaters to celebrate the 15th anniversary of Laika Studios. The two titles will be presented in their entirety and will feature exclusive bonus content that reveals the unique creative process behind Laika’s extraordinary films. Fathom Events is presenting the films in conjunction with Laika, Shout Factory and Park Circus.
The Boston Celtics of the National Basketball Association have named Showcase Cinemas as the team’s official movie theatre partner. As part of the multi-year partnership, Showcase Cinemas will provide Celtics fans with a wide array of exclusive movie offers and promotions throughout the course of the season.
CGV, the largest multiplex cinema chain in South Korea, has opened a new complex in Chungju city that’s fully equipped with Christie RGB pure laser cinema projectors.
Flix Media, the largest cinema advertising sales company across Latin America, has just signed a long-term deal with cinema software company, Unique X, to supply Advertising Accord to 14 territories Flix operates in: Colombia, Argentina, Chile, Ecuador, Paraguay, Peru, Bolivia, El Salvador, Costa Rica,Curazao, Guatemala, Honduras, Nicaragua and Panama.
Upon surpassing a key milestone of 1,000 installed screens, MetaMedia, the, cloud-based entertainment technology company for cinemas, drive-ins, and other out-of-home venues, announced today that Pixelogic, a global provider of content localization and distribution services for the media and entertainment industry, has made a major investment in MetaMedia to accelerate its global expansion.
National CineMedia and Harena Data have entered in to an exclusive esports advertising and content monetization agreement to capitalize on the esports industry and cultural phenomenon.
Arts Alliance Media and Deluxe have announced a strategic co-operation agreement which will enable theatres in the US and Canada using the Deluxe EchoStar electronic delivery platform to benefit from AAM’s theatre management system Screenwriter.
