Multi-territory exhibitors rely on organic growth for nearly one third of their new screens

February 22, 2019  | Subscribers Only

Pablo Carrera Pablo Carrera Principal Research Analyst – Cinema, IHS Markit
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IHS Markit has tracked 21 exhibitor groups that operated in more than one territory and experienced growth in screens counts from the end of 2016 through to the third quarter of 2018. All of them used organic growth to expand their footprints by building 31 % of net new screens. On the other hand, only 6 out of the 21 have undertaken acquisitions, underlining that this is a highly targeted form of growth by a limited number of companies.

Highlights:

  • 21 exhibitor groups that operated in more than one territory used organic growth to expand their footprints by building a combined 3,945 new screens from Q4 2016 to Q3 2018
  • Only 6 out of the 21 have also undertaken acquisitions, purchasing 8,594 new screens in the same period (with 7,400 occurring in the single acquisition of Cineworld by Regal)
  • Most of the new builds reported occurred in Asia, Eastern Europe and Latin America, all regions with screen densities between 27 and 33 screens per million population in 2018

In this report:

The report looks at the net addition of screens by multi-territory exhibitors worldwide and analyses the differences between organic growth and acquisitions.

List of tables and charts:

  • Screen growth of multi-territory exhibitors that grew more than 100 screens from 16Q4 to 18Q3, by type

Number of pages: 4

Number of tables and charts: 1
 

Pablo Carrera

Principal Research Analyst – Cinema, IHS Markit

Mr. Pablo Carrera is a principal research analyst for Cinema Intelligence at IHS Markit.

Research by Market
Media & Advertising
Category
Cinema
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