European cinemas suffered €19bn pandemic losses in 2020/21
International Union of Cinemas calculates cost of Covid-19 lockdowns for European operators. Source: European cinemas suffered €19bn pandemic losses in 2020/21 | News | Screen
The International Union of Cinemas unveils its annual report at CineEurope
In detail, European cinema admissions increased by an estimated 36.4% in 2021, with almost 590 million visits across the region. The box office reached €3.7 billion, an increase of 40.8% on the previous year. At the EU level – including … Continued
Odeon Darlington: Last chance to visit cinema before closure
Film fans have one last chance to visit an iconic Darlington cinema which is due to close later today (June 30).The historic Odeon Luxe cinema on Northgate is set to screen its final film this evening before closing the doors … Continued
AMC Cinemas Renews AMC Da’era Loyalty Program to Reward the Kingdom’s Film Watching Community
AMC Cinemas, the first cinema operator in Saudi Arabia, has revamped its own “AMC Da’era” loyalty program to give AMC members more access to an immersive entertainment experience. The renewed loyalty program offers guests new additional perks and perks. Source: … Continued
Oxford’s Ultimate Picture Palace becomes community-owned
A campaign to secure the future of an independent cinema has been a blockbusting success.Oxford’s Ultimate Picture Palace (UPP) will be community-owned after raising £366,585 through community shares.Its future was secured when it reached its £312,575 target, but the extra … Continued
How An Aussie Billionaire Went From The Housing Projects To Making Blackmagic Movie Cameras
All of 2020 and half of 2021, I was working until 2 a.m. every day because I was writing the code that runs the company,” says Grant Petty, CEO and founder of Blackmagic Design. The 53-year-old billionaire isn’t kidding. He … Continued