formerly Mad Cornish Projectionist.
This past week Cineworld announced it had reached an agreement with existing lenders to emerge from Chapter 11 bankruptcy by the middle of this year while providing the company with significant operating capital to execute future business. Source: How Cineworld … Continued
Elevate Entertainment Group, the Austin-based cinema chain forged from the acquisition of the “smarthouse” Violet Crown Cinemas by the more blockbuster-friendly Evo Entertainment, is on the fast track to national expansion with three cinemas in new markets. The company announced … Continued
The Light, a British independent cinema chain, has appointed Digital Cinema Media (DCM) to grow its ad revenue and build brand partnerships across its portfolio. Founded in 2007, The Light represents 2% of the UK cinema market. Source: British Independent … Continued
The debt-for-equity moves revealed in a regulatory filing is part of a bid by CEO Adam Aron to shore up his company’s balance sheet. Source: https://www.hollywoodreporter.com/business/business-news/amc-stock-sale-raise-cash-1235777886/
At CineAsia, CJ 4DPLEX, the world’s leading producer of premium film formats and cinema technologies, and Tokyu Recreation Co., Ltd., owner of 109 Cinemas, announced they have expanded their partnership to open five more 270-degree panoramic ScreenX auditoriums theaters across … Continued
Consumer rights group took action against Yelmo, which runs a nationwide cinema chain. Source: Spanish cinema chain fined for banning customers who bring their own snacks | Spain | The Guardian