formerly Mad Cornish Projectionist.
Cineworld’s (CINE.L) attempt to buy U.S. rival Regal Entertainment (RGC.N) has been dealt a blow after advisory group Institutional Shareholder Services told investors to oppose the $3.6 billion deal because it posed “significant financial and operation risks.” Source: ISS advises … Continued
Protesters chanted and waved banners at the opening of the BFI London Film Festival as a long-running staff pay dispute with a cinema chain spilled over into red carpet territory. Source: Protests disrupt London Film Festival in cinema wage dispute
Indonesian entrepreneur Kamaluddin loves the gritty look of old 35-millimeter film so much that he spends most of his nights screening vintage movies at weddings and parties around Jakarta, the capital. Filmmakers and cinemas have almost completely phased out the … Continued
British cinema operator Cineworld Group Plc (CINE.L) reported a 14.6 percent rise in revenue for the 45 weeks to Nov. 10, helped by strong box office collections from movies like “The Secret Life of Pets”, “Finding Dory”, and “The BFG”. … Continued
Chinese tycoon Wang Jianlin’s Wanda Cinema Line Corp (002739.SZ), the country’s biggest cinemas operator, said on Thursday it plans to acquire movie-making affiliate Wanda Media for 37.2 billion yuan ($5.7 billion) in cash and shares. Source: China’s Wanda Cinema to … Continued
The Cannes film festival is partly opening the door for streaming video giants this year, allowing Amazon to make its debut on the Croisette while leaving Netflix out of its 69th annual session. Source: Amazon is good for cinema industry, … Continued