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Kinepolis expands strongly in first half 2018, driven by acquisitionsAugust 23, 2018Belgian exhibition group Kinepolis grew its cinema attendance by 45% in the first of 2018, thanks largely to the groups’ acquisition strategy.
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New cinema technology replaces the digital cinema conversionApril 20, 2018This is the 18th edition of our annual digital cinema summary, our research on this topic having started back in 1999. However, digital cinema as a concept is really no longer a relevant term, with the cinema exhibition sector now digitised in its entirety. There remain some issues with providing a digital distribution backbone into those cinemas but effectively the cinema sector is now a digital medium.Subscribers Only
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China is to set up a cinema network for ‘patriotic’ filmsMarch 23, 2018People’s Cinema Line is a government initiative aimed at creating a nationwide screen network of 5,000 screens which will favour films of a patriotic nature, including those from government departments.
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Immersive Computing - Consumer Augmented & Virtual Reality Report - 2018January 25, 2018Keep pace with emerging consumer spending for augmented reality and virtual reality technology. This report provides analysis of entertainment media, entertainment centers, and consumer electronics – including virtual reality headsets, augmented reality headsets, smart glasses, augmented reality smart devices and much more.Subscribers Only
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IMAX extends European reach with AMC dealApril 12, 2017Premium Large Format group IMAX has agreed a deal with AMC-owned circuits Odeon and Nordic Cinema Group (NCG) to more than doubling the number of screens within these circuits from 19 to 47 (3 are already announced but not yet open). The deal, worth around $20m to IMAX and its largest European contract, is for 25 new sites up to 10 of which are in the UK, to add to the existing 15. Sites will also open in Germany, Spain and Italy.Subscribers Only
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Paramount is latest US media group to receive Chinese investmentJanuary 23, 2017Paramount Pictures has agreed a deal by which Shanghai Media Group and Huahua Media will fund up to a quarter of the studio’s slate for the next three years.
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World’s two largest box office markets experience differing fortunesJanuary 09, 2017The North American cinema market set a new record for box office in 2016, grossing $11.36bn for US and Canada combined, according to box office tracking specialist comScore. In contrast, China saw an end to its period of very high (some would say unsustainably high) growth, with annual growth of just 3.7% to reach 45.7bn yuan ($6.58bn).
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Waving the magic Wanda over the global film industryNovember 18, 2016If you are in the film industry, the chances are you have heard of Dalian Wanda Group. You should have. From nowhere, Wanda is building up a formidable presence in the film and cinema sectors with a stated ambition of being the foremost integrated film company in the world. This is no mean feat when the US studios have ruled the roost for so long.Subscribers Only
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China’s box office slowdown is causing global concernNovember 17, 2016The Chinese cinema market has been the talk of the industry for some years, and is responsible for driving a change in strategic direction amongst the larger film producers and distributors around the globe. However, the slowdown in box office growth so far this year is causing some concern and brings into question how much further the market has to grow before it becomes a mature one.Subscribers Only
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Poor September box office confirms significant growth slowdown in Chinese cinemaOctober 21, 2016A 42% drop in box office for September (year on year) has confirmed that there will be no major rebound in growth for Chinese cinema revenues this year.Subscribers Only
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Wanda joins tax credit world to push studio take-upOctober 19, 2016Dalian Wanda is to offer a tax credit system for overseas and Chinese producers using its upcoming production facility in Qingdao, in conjunction with the local government. The film fund will subsidies up to 40 per cent of production costs via rebates for producers.
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China’s Dalian Wanda signs movie co-financing and marketing deal with Sony PicturesSeptember 23, 2016Dalian Wanda group, rapidly becoming a global force in the movie business, has taken a further step in its ambition to become the world’s largest entertainment company
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Odeon UCI acquired by AMCJuly 13, 2016The Odeon UCI cinema circuit has been acquired by US circuit AMC, itself majority-owned by China’s Dalian Wanda Group. AMC is to acquire Odeon UCI for £921m ($1.2bn) from Terra Firma private equity group, including taking on £407m ($536m) of debt.Subscribers Only
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AT&T and Quickplay - as much about OTT as it is about hedging, diversification, and tech captureMay 25, 2016AT&T is set to acquire OTT solutions and managed-media- services provider Quickplay Media. Although the terms of the deal are unknown, the sale almost certainly surpasses USD 100m in value; private equity group Madison Dearborn Partners purchased a majority stake in Quickplay in Q3 2012 for roughly USD 100m.Subscribers Only
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Alibaba Pictures acts to strengthen online ticketing platformMay 18, 2016Film and TV arm of Chinese Alibaba group has raised RMB 1.7bn ($260m) in a Series A financing round in order to sustain and further develop its online ticketing service, named Taobao Movie and launched in 2014.Subscribers Only
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Wanda Dalian adds another building block to global ambitionsJanuary 15, 2016Chinese group Wanda Dalian is to acquire US big-budget movie production house Legendary Pictures, continuing its measured progress towards becoming an integrated global film playerSubscribers Only
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Cinema, technology and the value chain - CinemaCon, Las Vegas, April 2015April 30, 2015David Hancock, IHS' Research Director of Film and Cinema gave a presentation at the recent CinemaCon event in Las Vegas as the opener to a session on Cinema as the Premium Experience. The presentation gives the latest brief update on digital cinema progress (almost complete hence the brevity) and some data points with regards to laser-illuminated projection and immersive audio. The speech ended by contextualising cinema in the transactional value chain of film consumption.Subscribers Only
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Sony and Samsung partner on PlayStation NowDecember 30, 2014Sony’s PlayStation Now service is being brought to a range of 2015-year Samsung Smart TV sets. The PlayStation Now gaming platform – which remains in beta in the US and Canada – presently allows PS4, PS3, PS Vita, PS TV, and Bravia TV owners to stream a selection of PS3 titles to their Sony devices. Rental prices – which remain in-flux – currently range from USD 1.99 to USD 19.99, and vary as a function of a rental length.
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The resurgence of independent distribution in N AmericaApril 07, 2014This report highlights the rise of independent distributors in North American theatrical market, moving into spaces once occupied by the studios and their subsidiaries. It presents data underlining this resurgence and analyses the box office breakdown of each of the six distributors profiled.Subscribers Only
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Laser makes its first appearance in cinemas: different strategies applyApril 02, 2014Laser-illuminated projection has begun its move into cinemas, albeit in a small way, but with enough industry backing to make it a credible solution for the future of cinema exhibition. It solves light levels for 3D viewing and also flips the economics of projection on its head: a high cost of acquisition but lower cost of ownership. There are dual strategies at play by the projector companies, either high power laser illumination for larger screens or a single laser (with phosphor) for smaller screens, and a resulting lower entry price. A group of pioneers are ready to test the waters and this update explains who, how and why.
