Industry

  • July 18, 2012

    A new cinema operator in the Czech Republic

    Author: Ing. Juraj Misun, PhD.

    Maybe if the Israeli company Cinema City International would know what happens when it closes the oldest multiplex theater in Prague, it would never had so decided.

    On 31st March 2012 the oldest multiplex theater in Prague closed its doors. During its existence it was operated under three different brands. For the first two years as Ster Century Cinemas, then from 2002 to 2011 it was named Palace Cinemas and last year has had the name Cinema City. Its last owner, however, decided to conclude the site.

    He did not realize, however, that he could anger the owner of the Park Hostivar shopping center, where the theater was located. The Austrian investor company Immofinanz was well aware that the existence of the multiplex has a positive impact on overall traffic of the shopping center. The center has a large grocery store, but it lacks prominent fashion tenants.

  • Projectionist project looking for help

    Planetary Projection will document, where possible in their own words, the work and experiences of the world’s film projectionists, today an endangered species. Accompanied by photographs of projectionists at work, brief vignettes will present some of their views on cinema and their trade, its past, present and future.

    They’re looking for projectionists to contribute to the project.

    With time, they hope to publish a selection of the on-line vignettes in book form. Please visit their website, where you will find a one-page PDF description of the project you can circulate or post. You will also find there a scholarly article on the film projectionist in early cinema by Timothy Barnard, in its published English, French and Spanish versions.

  • July 16, 2012

    Big-Screen theaters promise more exhibition riches

    3-D isn’t the only new trend exhibitors are buying into to drive business. The Hollywood Reporter is saying that there could be as many as 2,600 digital large screens by 2016. Industry leaders IMAX along with Cinemark XD and Regal RPX are leading the charge to widen the gap between cinemas and home theaters.

  • June 26, 2012

    In Poland, up to 250 new screens could be built soon

    Authors: Ing. Juraj Misun, PhD. – Ing. Ivana Misunova Hudakova, PhD.

    In the next five years 200 to 250 new cinema screens could be built in the Central European country Poland. This results from the analysis of the company AMB Group Polska, which specializes on construction and reconstruction of multi-screen theaters.

    “According the analysis of the investment plans of cinema operators, the construction of 200 to 250 new screens in the next five years seems very real” said Michael Michalowski from AMB Group. He added that only about 20 to 30 percent of these projects will be located in major Polish cities like Warsaw or Cracow. Shopping centers are also built in towns with about 100,000 inhabitants and the Polish population is increasingly looking for cinema entertainment.

  • June 7, 2012

    Theories on AMC purchase

    With Wanda Group being confirmed as the buyer of AMC the other week, many heads were turning in confusion. The Wrap posted some theories on Wanda’s motives for the deal.

  • May 28, 2012

    Movie magic to leave home for?

    The Wall Street Journal reported that some new technology has been rolling out lately that could widen the gap between the theatre and home viewing experiences. Dolby will be testing out its Atmos audio system with Pixar’s “Brave” this summer and “The Hobbit” will be the first film to be presented at 48 frames per second, a new digital high point.

  • May 25, 2012

    Is Paramount movie studio getting into the hotel business?

    Hollywood-themed hotels could be coming to cities around the world thanks to new company, Paramount Hotels & Resorts. While not owned by the movie studio, they’ll use the brand to offer luxurious properties with mini movie theaters inside. None are planned for the U.S.

    Rad more in USA Today.

  • May 23, 2012

    U.K. exhibitor Vue acquires Apollo Cinemas

    Vue is increasing its assets in Britain with its acquisition of the 14 cinema Apollo chain. The deal for 20 million pounds gives Vue these esteemed independent theaters with top-of-the-line equipment.

    Read the full story in the Hollywood Reporter.

  • May 22, 2012

    AMC to be sold to Wanda Group

    Hinted at weeks ago, AMC is being sold to China’s Wanda Group for $2.6 Billion. Their headquarters will remain in Kansas City and the new owner will continue their strategic upgrades plan.

    Read more in the Huffington Post.

  • May 8, 2012

    AMC said to be talking to Chinese buyer

    Wanda Group, one of China’s largest theater owners, could be purchasing AMC. Talks have intensified recently between the two companies after negotiations for over a year. Such an acquisition could drastically change the cinema marketplace as well as China’s power over the American film industry.

    Read more in the New York Times.