Latest in Odeon

Cineworld, the second-largest exhibitor in the world, clocked its lowest ever share price today as global markets continue to drop in the face of the coronavirus pandemic. European markets are down as much as 10% this morning. Entertainment shares are being hit hard, and UK-based Cineworld, which owns U.S. outfit…

European cinema chain Odeon found itself the subject of consumer ire this week after its flagship UK venue Odeon Leicester Square revealed a top-end ticket price of £40.75 ($52). The newly refurbished cinema will re-open later this month, showing Mary Poppins Returns. According to Odeon, the cinema’s 22 ‘Royal Box…

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…

A company supposedly positioning itself as a UK equivalent to U.S. ticketing upstart MoviePass, has been met with wonder by the UK Cinema Association (UKCA), whose members include theater chains Odeon, Cineworld, Vue and Curzon — we’ve been told none of its members are signed up to the service. A professional-looking w…

IMAX has teamed with cinema chain Odeon to launch Europe's first virtual reality entertainment center. The two companies are launching the IMAX VR Experience Centre in Manchester, England at Odeon's Trafford Centre movie theater. The center, which consists of ten "pods" that will allow customers to enjoy interactive…

IMAX and AMC’s Odeon Cinemas Group, and its Nordic Cinema Group subsidiary, have entered a deal for 25 new theaters, marking the biggest European agreement in the large format company’s history. Under the pact, 25 IMAX theater systems will be deployed throughout the region with 10 already identified for the…

AMC Entertainment, the world's largest exhibition chain, is moving in on the Nordic region. The U.S.-exhibitor has reached an agreement to acquire the Stockholm-based Nordic Cinema Group, the largest cinema chain in the Nordic and Baltic regions for a cool $929M (SEK8.15M). AMC is purchasing Nordic from European…

AMC Theatres just became the world’s largest exhibition company with the closing of its $1.2 billion deal to buy UK-based Odeon & UCI Cinemas from Guy Hands’ private investment firm Terra Firma. The transaction leaves Wanda Group-controlled AMC with 7,623 screens at 636 theatres in eight countries. It will become even…

AMC Entertainment is having a good week: The European Commission just approved its acquisition of UK-based Odeon & UCI Cinemas, one day after Carmike Cinemas shareholders OKed a plan to sell to AMC. The $1.1 billion deal for Odeon & UCI should close around November 30, the Wanda Group-controlled exhibition chain says…

AMC Theatres has a message today for those who thought that the UK’s Brexit vote and Donald Trump’s success in becoming the GOP’s presumptive presidential nominee indicated that globalization has run its course. Wake up and smell the popcorn. AMC’s $1.2 billion cash and stock agreement to buy Odeon & UCI Cinemas…

Updated with comments from analyst briefing: AMC Theaters is poised to become the world’s largest exhibition company with an agreement this morning to buy Europe’s largest chain, Odeon & UCI Cinemas Group, from Guy Hands’ private equity company Terra Firma for cash and stock valued at $1.2 billion. AMC says that this…

Reactions by exhibitors to this morning’s tragic shootings at a Dark Knight Rises screening in Colorado have varied in major European territories including the UK and France. Odeon, the largest chain in the UK and Ireland, said it would add “further operational procedures” to ensure safety in the aftermath of the…