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Cineplex Entertainment's popcorn and F&B to connect cinema with VOD audiences at homeDecember 13, 2019Canadian exhibitor group Cineplex has added 130 of its cinemas to the food delivery system SkipTheDishes. The platform's clients can now buy from popcorn to drinks to hotdogs for an in-home movie expeirence, and also can get vouchers to rent a film in Cineplex Store HD for CAD 5.99.
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Moviepass shuts downSeptember 16, 2019Moviepass has shut down on the grounds of its inability to recapitalize the company. It can't confirm if or when it will re-establish the service
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Kinepolis sets a second foot in the North American market with the acquisition of MJRSeptember 04, 2019Belgian exhibitor group Kinepolis has announced a deal to acquire MJR Digital Cinemas with its 164 screens in the United States for an estimated $151.25m.
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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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Atom Tickets reaches two thirds of US screensJune 05, 2019Specialist movie ticketing company Atom Tickets has added major US exhibitor Cinemark to its list of exhibitors, taking its screen count to over 26,000 screens of the US screen estate of 40,000 screens plus.
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4D screens expanding to new markets in 2019May 08, 2019CJ 4Dplex has signed a new deal with Cineplex Deutschland to launch the first 4DX theatre in Germany in April 2019. The deal marks the first of any 4D manufacturer in the territory.
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Subscription business model expands in cinemasApril 03, 2019Although Europe counts with solid precedents of cinema subscription offerings, this business model was implemented in large scale in the US for the first time only in 2017. In recent weeks, three new subscription solutions have entered the US cinema market launched by exhibitor Alamo Drafthouse, technology solutions provider Influx and ticketing services company Atom Tickets.
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Two new global PLF brands launch in premium cinema market in 2019February 22, 2019Two new global PLF (premium large format) brands have launched in Q1 2019 further intensifying market competition in the developing PLF cinema market. Digital technology company, Sony, has launched a new PLF system known as Sony Digital Cinema which will see the company enter into direct competition with Imax and Dolby Cinema for the first time.
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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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IMAX scales back VR Cinema ambitions dealing major setback for future prospectsSeptember 04, 2018The future success of location-based cinema VR is now under scrutiny following the closure of several pioneer VR cinema hubs, including two IMAX pilot VR sites, presenting a significant setback for the nascent market.Subscribers Only
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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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PVR continues trend of consolidation in Indian exhibitionAugust 22, 2018Leading Indian multiplex operator PVR Cinemas has completed its acquisition of a 71.69% stake in SPI Cinemas, a chain of 17 cinemas and 76 screens in South India.
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Disney on verge of Fox acquisition as shareholders approve $71 billion dealJuly 27, 2018The Walt Disney Company’s proposed $71 billion acquisition of 21st Century Fox assets has been approved by shareholders of both companies. This follows US regulatory approval by the Department of Justice last month, with completion of the transaction now subject to clearance by several non-US regulators. Under the Disney Merger Agreement, Fox stockholders may elect to receive $38 per share in either cash or shares of New Disney, a new holding company that will become the parent of both Disney and Fox. The finalisation of the deal comes after competing bidder Comcast opted not to raise its offer of $65 billion to acquire the same Fox assets Disney has now secured. Disney initially agreed a $52 billion deal in December 2017.Subscribers Only
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Record first half for box office in North America and ChinaJuly 03, 2018Total box office revenue in North America reached $6.18bn in H1 2018, marking a large 9.6% increase on the same total in 2017. In China, the first half box office also broke new records in 2018 with total revenue equating to RMB 31.9 billion ($4.7 billion) marking a very strong 39.0% increase year on year.
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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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Comcast outbids Disney for Fox, as court clears way for AT&T takeover of Time WarnerJune 14, 2018Comcast has made an offer for the entertainment assets of 21st Century Fox, outbidding the Walt Disney Company by around 19%. The offer, which would bring the NBC Universal and Fox movie and TV studios, cable networks and other operations including Sky under the same roof, was delivered by Comcast in a letter to the Fox board of directors yesterday. Comcast’s offer is for $35 per share in cash, with a value of $65 billion. In December, Fox shareholders agreed to sell the assets to Walt Disney for $52.4 billion in an all-stock transaction. Comcast is also making an offer to buy Sky, and said it would continue to pursue the acquisition in parallel with the Fox deal. The UK government approved both this offer and the Fox proposal to buy full control of Sky earlier this month. On Tuesday this week, a US federal court judge cleared the way for AT&T to acquire Time Warner, dismissing the government’s view that the takeover would be anti-competitive. The offer, worth $106 billion, was first made in December 2016. Barring a further move to block the deal by the US government, AT&T said it would aim to complete the deal by 20 June.Subscribers Only
