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AMC Theatres launches VOD service to take slice of digital movie transactions of its 20m loyalty membersOctober 18, 2019AMC Theatres, the largest exhibitor in the US, has entered the streaming business with a movies on-demand model offering close to 2,000 newer releases and library titles exclusively for its AMC Stubs loyalty members.
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Barco invests in Chinese LED manufacturerSeptember 16, 2019Projector manufacturer and visualisation firm, Barco, has announced a strategic deal with Chinese firm Unilumin, a major LED manufacturer. As part of the collaboration, Barco intends to acquire a minority stake in the company through a share transfer agreement.
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H1 2019 screen update – Growth driven by China and other high growth screen territories including Indonesia, Vietnam and UKAugust 06, 2019We have added data for cumulative screen totals at H1 (Q2) 2019 for all territories and regions tracked by Cinema Intelligence. The data is also available for equipment manufacturers and as market share comparisons. Further data is available to subscribers in this commentary.Subscribers Only
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Laser projector lines from Cinionic, Christie behind significant replacement dealsJune 26, 2019Leading global exhibitor Cineworld Group with over 9,500 screens has struck a deal with Cinionic, the Barco, CGS and ALPD joint venture, to roll out over 1,000 Barco laser projectors over the next 18 months.
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CJ 4DPlex posts new records for experiential cinema formatsJanuary 23, 2019Experiential cinema technology company, CJ 4Dplex, has reported record results for both of its technology formats: in 4DX, its motion with environmental stimuli seating and Screen X, the multi-screen/projector format.
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Imax officially abandons VR hub trialDecember 19, 2018Imax has called time on its location-based virtual reality (VR) pilot first launched in 2016. The future of the initiative was first plunged into doubt earlier in 2018 as the company began shuttering two non-profitable sites (Shanghai and New York in June 2018), promptly followed by other closures, such as Manchester, its only European site in November 2018.
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RealD’s Ultimate Screen gains traction with WandaDecember 14, 2018RealD has secured its most significant order by a circuit for the RealD Ultimate Screen with a 100-screen order from Wanda Cinema Line Corporation in China. The deal will see no fewer than 100 RealD Ultimate screens installed in premium screens of Wanda Cinema line.
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Vue to become largest exhibitor in GermanyOctober 24, 2018Leading International exhibitor Vue International has signed a deal to buy Cinestar, the largest multiplex chain in Germany, for as much as $256million (Euro 221.8 million) from Australian group Event Hospitality & Entertainment.
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Kinepolis selects laser for start of replacement wave with Cinionic/BarcoJune 20, 2018Kinepolis has earmarked the start of its replacement schedule of first-generation digital projectors to laser technology in a deal with Cinionic/Barco for 300 laser systems over the next three years. The deal includes both new and existing screens in its European territories such as Belgium, France, Netherlands and Spain as well as its more recent acquisition of Landmark Cinemas of Canada.
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Samsung targets India as major territory for growth of Cinema LEDJune 04, 2018PVR cinemas and INOX, the two leading multiplex circuits in India, have both agreed to install the potentially disruptive Cinema LED display technology branded as ONYX from Samsung later in 2018.
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Cineworld flexes its new found global status with slew of equipment dealsApril 30, 2018Cineworld, which recently climbed to second in the global exhibitor rankings following its Q1 2018 $3.4bn acquisition of Regal Entertainment, in turn the largest US exhibitor by number of screens, has flexed its new found global muscle with a slew of equipment deals in keeping with its strategy to increase investment in premium cinema formats.
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PLF screens exceed 3,000 for the first time in 2017April 20, 2018The number of Premium Large Format (PLF) screens rose by 21.3% to hit a new high in 2017 (3,191) eclipsing the 3,000 screen milestone for the first time based on the count for both exhibitor and global-branded screens.Subscribers Only
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Cineworld shareholders approve acquisition and notion to become second largest global exhibitorFebruary 05, 2018Shareholders of UK cinema group Cineworld have approved its $3.6bn deal to acquire exhibition giant Regal Entertainment group, currently the second largest exhibition group by screen count in the US and globally.
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Cineworld and other large exhibitors draw new scenarios in the cinema landscapeDecember 01, 2017UK-based Cineworld is in talks to acquire Regal Entertainment Group in an all-cash acquisition. Separately, AMC, Vue, CJ CGV and Kinepolis have also suggested M&A moves recently.
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Arts Alliance Media acquired by cinema technology company Luxin-RioNovember 06, 2017London-based cinema software solution provider Arts Alliance Media (AAM) has been acquired by Shangdong Luxin-Rio Visual Technology, a cinema technology solutions company in Qingdao, China.
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Change of winds in Wanda’s film businessAugust 14, 2017Dalian Wanda Group will sell a significant stake in its flagship film project, the studio Qingdao Movie Metropolis. Additionally, Wanda’s subsidiary AMC, the largest film exhibitor in the world, has reported losses for Q2 2017 due to worse than expected box office results.
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UK and Ireland move ahead with SMPTE-DCP transition testingAugust 07, 2017The UK and Ireland are about to undergo a sector wide test of the new DCP format, to make sure that digital cinema systems can ingest and playback encrypted SMPTE DCPs, as a precursor to the industry moving towards this format.
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European cinema markets consolidate steadilyFebruary 02, 2017Cinema consolidation is a hot topic within the cinema exhibition sector, driven by a spate of acquisitions at the top of the market.Subscribers Only
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The first IMAX VR outside the US will open in the UK in 2016October 14, 2016IMAX, leader in premium large format for film exhibition, will open one of the first IMAX VR centres in Manchester in partnership with UCI/ODEON. This is part of a strategy announced in May that will see IMAX enter the virtual reality space and install 6 IMAX VR pilot centres, the first of which will open in Los Angeles soon.Subscribers Only
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4D and immersive motion seating enters rapid growth phaseSeptember 14, 2016The total number of screens under the wider 4D and immersive motion seating banner increased by 55% in full year 2015 to reach 679, according to IHS data, representing a new record for net annual screens with 243 deployed worldwide.Subscribers Only
