Britain’s Cineworld announced a $2.1 billion takeover of Canada’s Cineplex; thus making it the largest cinema operator in North America. Cineworld has offered to buy Toronto-based Cineplex for C$34 ($25.56) per share, a premium of 42% to its close. Shares…
Theatres-Studios UptuArned: China
Chinese theatres and film studios are protesting a deal by Huanxi Media Group to premiere its new movie “Lost in Russia” on Bytedance’s online platforms, with some saying it was “trampling” and “destroying” China’s cinema industry. The week-long Lunar New…
INOX Reports a Stupendous 42% Growth Making Q2-FY20 A Historic Quarter
INOX Leisure Ltd (INOX) reported financials for the second quarter ending 30th September 2019. The results were taken on record by the Board of Directors today at a meeting held in Mumbai. Building upon the practice of creating new benchmarks,…
Amazon Signs Deal with BookMyShow: Sells Movie Tickets on Its Platform
Amazon India and BookMyShow recently entered into a partnership where customers can now book movie tickets on the e-commerce website. “Our aim is to simplify the lives of our customers in every possible way – as they shop, pay bills…
India’s Oldest Multiplex Closed for Six Months
Twenty-two years ago, a small corner of south Delhi became the centre of the national capital’s cinematic world — and a pivot of its cultural life too — with the opening of India’s first multiplex. The curtains came down on…
GoGoCinema Looks to Ubernise the Cinemas
GoGoCinema is the first On-Demand platform in the cinema industry to bring audience, exhibitors and content distributors together. It is powered by GDC’s Cinema Automation CA2.0 solution.For the cinema audience, the GoGoCinema platform brings convenience and choice of what to…
AMC Theatres Goes to the Home With the Launch of AMC Theatres on Demand
AMC Theatres, the largest theatrical exhibitor in the United States and the world, announced that the Company is extending its business into the home. AMC Stubs members in the United States can rent or buy approximately 2,000 of the most…