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Industry
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April 30, 2013
Bow Tie Cinemas to acquire Clearview
Bow Tie to become eighth largest motion picture exhibitor in the U.S. with the largest number of theater locations in the New York metropolitan area.
Chelsea Cinemas to become flagship Bow Tie theater in Manhattan.
RIDGEFIELD, CT and BETHPAGE, NY — Bow Tie Cinemas and Cablevision Systems Corporation (NYSE: CVC) today announced that they have entered into a definitive agreement under which Bow Tie will acquire substantially all of the Clearview Cinemas theaters from Cablevision. Following the acquisition, Bow Tie Cinemas will become the eighth largest theater circuit in the United States with 388 screens in 63 locations in seven states. The company will have the largest number of theater locations in the New York metropolitan area upon closing the acquisition. Financial terms of the transaction were not disclosed.
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April 26, 2013
CinemaCon showcases movie theater advances
LAS VEGAS, NV — Many items debuted at CinemaCon last week but one that particularly stood out was the Shake n’ Share. The popcorn lid serves as a cover to evenly distribute toppings and also as an extra bowl.
Read more in Las Vegas Weekly.
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March 27, 2013
The Rep readies for release
Morgan White shot a documentary last year about the former Toronto Underground Cinema revival theatre before it closed. It eventually spiraled into a look into the decline of the exhibition business and after a troubled journey into distribution, he’s now offering it to theaters to present for free.
Read the full story in the Dork Shelf.
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February 4, 2013
Cinema City grew last year
Author: Ing. Juraj Misun, PhD. According to the press release the Israeli company Cinema City International saw a growth in admissions last year. The largest cinema exhibitor in Central Europe and Israel sold 2.5 percent more tickets compared to 2011. More than 36 thousand visitors found their way to a Cinema City site in one of the seven markets.
On the most important market Poland the admissions fell almost by 10 percent to 13.5 million. This drop was compensated on the home market in Israel, where the RavHen and Planet theaters sold 20 percent more tickets (4.42 million). With higher ticket prices, Israel will probably help the company to hold its profitability in 2012.
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January 30, 2013
Founder of N.J. cinema chain sees world of possibilities
WESTFIELD, NJ — The owner of Digiplex Destinations sat down with the Star-Ledger to discuss his outlook for cinemas. The founder of Clearview as well, emphasizes a mix of programming with more emphasis on building an experience for adults.
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January 24, 2013
Patrons, analysts see few changes in movie theater security
Many new security measures were discussed in the aftermath of the tragedy in Aurora last summer but it looks like most of the changes will be purely cosmetic. More sophisticated alarm systems are being rolled out and Regal will be forbidding patrons from wearing masks or carrying fake weapons. Hiring armed guards or installing metal detectors just proved to be too expensive.
Read more in the Denver Post.
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January 22, 2013
Save Our Screens
Save Our Screens started as a segment on PNR Networks' podcast Subject:CINEMA, and was designed to bring theaters in need of some help to the attention of our listeners. Since launching, we have become all too aware of the many theaters in the US and throughout the world that need a little love and support, and have tried to spur our listeners on to helping out as well. After a period of inactivity due to illness, SOS is coming back online full time – and we need to get the word out there!
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January 8, 2013
Record year at the movies
For the first time in three years, movie ticket sales were up this year with a total of $10.8 Billion. Analysts are predicting an even bigger year in 2013 with entries from franchises such as Thor, Superman and the Hunger Games.
Read more at ABC15.
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December 28, 2012
Digiplex Destinations buys seven theaters from UltraStar in CA, AZ
Digiplex Destinations has purchased seven theaters from Ultrastar in the Southwest market. The east-coast chain has now nearly doubled in size.
Read more at Deadline.com.
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December 17, 2012
Better to watch movies in a theater
Margaret Talbot talks in the Wall Street Journal about why it’s better to watch movies in theaters. She argues that the shared experience is a rare reprieve from the multi-tasking present in life.