First Imax-Only Cinema Opens in India

Tue, 08/15/2023 - 13:33 -- Nick Dager

PVR Inox, India’s biggest theatre chain, has launched the only standalone Imax property in the country. The company has installed Imax Laser Projection in Delhi’s Priya Cinema, located at Basant Lok Complex, Vasant Vihar. While other Imax theatres in the country house regular theatre formats and projections alongside, this marks the first time an entire cinema is dedicated to Imax screenings.

Reading International Reports Strong Second Quarter 2023

Tue, 08/15/2023 - 13:22 -- Nick Dager

The diversified cinema and real estate company Reading International, with operations and assets in the United States, Australia, and New Zealand, announced its results for the second quarter ended June 30. President and CEO Ellen Cotter said, “Our second quarter operating results were strong, with $65 million in global total revenue and $1.8 million of global operating income, delivering the best performance since the fourth quarter of 2019. Our global cinema business delivered operating income of $4.5 million, which is also the highest since the fourth quarter 2019, driven by a significantly stronger movie slate, including the phenomenal theatrical release of The Super Mario Bros. Movie, which has grossed $1.3 billion in Worldwide Box Office to become the second highest grossing animated picture of all-time.


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