formerly Mad Cornish Projectionist.
A new cinema will open in the City of London next year, as part of the £1.5bn Broadgate development. Source: The City is getting a new cinema as Everyman joins Broadgate development | City A.M.
Cineworld shares are up this morning after the company issued over 1bn new shares to the market. Source: Cineworld climbs after new shares issued as part of Regal deal | City A.M.
Cinema group Cineworld is to buy US cinema chain Regal Entertainment, making the company the second largest cinema chain in the world. Source: Cineworld Group (LON: CINE) smashes the box office with Regal Entertainment cinema acquisition | City A.M.
One of the UK’s best known asset managers, which is also a shareholder in Cineworld, has condemned a proposed £2.7bn deal for the cinema chain to acquire US rival Regal. Source: Jupiter Asset Management has condemned the £2.7bn Cineworld-Regal deal … Continued
In an article published last week, City A.M.’s Bespoke magazine laid out an apocalyptic view of the future of cinema, which made for lurid reading but was completely divorced from the economic facts. Source: Why cinema isn’t doomed after all: … Continued
In April of last year, AMC, on the verge of buying out Odeon and becoming the largest cinema chain in the world, announced it was considering allowing people to use their phones during screenings. Its CEO, Adam Aron, justified this … Continued