Distribution & Exhibition

Box Office Rebounds in April

Tue, 04/12/2022 - 16:19 -- Nick Dager

Who said April is the cruelest month? In its second week of release, Paramount’s Sonic the Hedgehog 2 received a major boost as it opened in the Domestic market with a massive $72.1 million, proving the suggestion audiences weren’t coming back to cinemas incorrect, they just needed the product. Sonic 2 opened 24 percent higher than the 2020 original, according to the British analytics firm Gower Street.

CGR Cinemas for Sale

Mon, 04/11/2022 - 12:00 -- Nick Dager

CGR Cinemas, France’s second biggest multiplex chain behind Pathé, has been put on the market by its owners, Luc and Charles Raymond. The family-owned business has an estimated value of about $1.1 billion, according to Jocelyn Bouyssy, CGR’s long-time managing director who has been assigned to find a buyer for the group.

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