Concession Spending Feeds AMC’s Plan to Buy European Theater Chain Odeon-UCI
Gains from concessions sweetens AMC’s plan to acquire European theater chain Odeon-UCI. Source: Concession Spending Feeds AMC’s Plan to Buy European Theater Chain Odeon-UCI
Cineworld apologises to customers who had to be evacuated from an 18-screen complex in the dark after a power cut. Source: Cineworld apology over ‘pitch black’ Glasgow evacuation – BBC News
Cinema bosses have revealed the opening date for a new multiplex as part of the £45million expansion of a popular shopping and leisure complex. Source: Cineworld announces opening date for Dalton Park cinema multiplex, creating 30 jobs – Sunderland Echo
Cineworld Group plc (“Cineworld” or “the Group”) today announces the acquisition of five cinemas from Cinema Holdings Limited, the holding company of Empire Cinema Limited (“Empire”) and the sale to Empire of the three screen Cineworld Haymarket (“the Transaction”). Cineworld … Continued
Yesterday, Wanda-controlled AMC Theatres was revealed as the buyer of the European Odeon & UCI cinema chain (encompassing 242 locations that house 2,236 screens) in a deal valued at GBP £921 million (USD $1.199 billion). These terms mean AMC is getting a good deal, … Continued