Latest in Exhibition

In their latest partnership, Imax Corp., its Chinese subsidiary and CGV Holdings will build 40 theaters across China. The pact is the latest in a 15-year collaboration that has put 100 sites into the marketplace or in construction. CGV now has more than 170 Imax theaters in operation or contracted to open in China…

Alamo Drafthouse is teaming with iconic video store-turned-non-profit Vidiots on programming initiatives at the Austin-based exhibitor’s Video Vortex location in its soon-to-launch site in downtown LA. Blending elements of a classic video store with an arcade, bar, retail and even a place to play board games, the…

EXCLUSIVE: Euro exhibition group Europa Cinemas, sales agent network Europa International and U.S. indie theater circuit Art House Convergence have set the films and speakers for the second Tales of Europe Exhibitor Exchange Program. The program aims to strengthen the relationship between North American and European…

EXCLUSIVE: Studio Movie Grill has received a strategic growth investment of $100 million from TowerBrook Capital Partners, funds the growing outfit will use to open more in-theater dining locations around the U.S. "This partnership allows SMG to pursue a common vision with TowerBrook and leverage our powerful…

Major U.S. exhibitor Cinemark reported strong top-line results in the fourth quarter, with total revenue hitting a record $798.6 million, up 6.5% from the same period in the previous year. Earnings came in at 17 cents a share on a diluted basis, falling short of Wall Street’s consensus estimate of 44 cents. In the…

Milwaukee-based exhibitor Marcus Theatres is paying $126 million to acquire Movie Tavern, a theater chain known for fine dining and luxury seating. After the deal, Marcus will remain the No. 4 theater circuit in the U.S. but will exceed 1,000 total screens for the first time, reaching 1,098 screens in 90 locations…

AMC Entertainment announced it has closed a $600 million strategic investment from Silver Lake, a tech-oriented investment firm, and will use part of the proceeds to buy back Class B common shares owned by the Dalian Wanda Group. The deal will give Silver Lake, which has stakes in companies including Alibaba, Tesla…

Dial up most distribution or exhibition executives and say the word “MoviePass” and you’re apt to get a fuming response on the other side of the phone. However, what studios and theater chains are more open-minded to is the idea of a monthly movie ticket subscription service for the latter’s patrons. They just don’t…

Social movie ticketing app Atom Tickets, which is backed by Lionsgate, Disney and Fox plus Fidelity Management & Research, has added nine new exhibitor partners, including No. 5 U.S. chain Harkins Theatres. In addition to Arizona-based Harkins, the circuits joining Atom’s footprint include New Vision Theatres…

The launch late last week of a potential UK equivalent to U.S. ticketing upstart MoviePass created a stir among Blighty’s exhibition community. No-one knew who was behind the audacious offer called cPass, whose site included the logos of all major UK theater chains. So, over the weekend I tracked down the U.S. and…

EXCLUSIVE: Film sales agents at Sundance, think about this: What if a potential buyer could literally guarantee a certain portion of a film’s box office opening weekend? That’s the pitch from MoviePass, the monthly movie ticket service, which announced their new division MoviePass Ventures on Friday at Sundance, a…

EXCLUSIVE: We heard some whispers around the holidays that a PVOD test in Canada was imminent with the major studios in the very near future, with theatrical titles available within a three-week window after their play in cinemas. This is not true. While talks have slowed between the major studios and leading Great…