formerly Mad Cornish Projectionist.
The boss of the UK’s Curzon cinema chain has criticised what he calls the industry’s “outdated” model and said movie theatres will not survive unless they embrace streaming services and make deals with studios that will see their exclusive hold … Continued
UK immersive cinema company Secret Cinema will partner with Netflix for its first US screening, which will be a drive-in event, as part of efforts to save its business after coronavirus made it impossible to operate. Drive-in films have become … Continued
Covid-19 has thrown up a new problem: buyers’ remorse for deals struck shortly before the pandemic. As the coronavirus crisis escalated in late spring, Advent International was looking for an escape route. The US private equity firm had agreed in … Continued
Operators say restrictions mean they will struggle ‘to make ends meet’ as audiences make cautious return. Chinese cinema operators have said restrictions to prevent the spread Covid-19 as the industry reopens after six months of closure and heavy losses mean … Continued
World’s second-largest cinema chain accused of ‘buyers remorse’ by Canadian rival. Cineworld, the world’s second-largest cinema chain, has announced that it plans to countersue Cineplex as it squares up for an expensive legal battle with the Canadian chain that it … Continued
Closure of cinemas has wiped more than C$1bn from Canadian company’s value. Cineworld, the world’s second-largest cinema chain, is facing the threat of costly legal proceedings after its Canadian rival Cineplex launched action against it for pulling out of a … Continued