Vox Cinemas Offering Discounts During Ramadan
Vox Cinemas, the dedicated cinema arm of Majid Al Futtaim, is launching special offers during Ramadan to enable guests to share more movie moments with family and friends during the Holy Month.
Exhibition
Apple to Spend $1 Billion Annually on Movies for Theatrical Release
As has been widely reported, Apple plans to spend $1 billion a year to produce movies that will be released in theatres. All the stories quote knowledgeable people familiar with the company’s plans. Apple has reportedly approached movie studios about partnering to release a few titles in theatres this year and a slate of films in coming years, according to those people, who asked not to be identified because the plans are private
MIT to Buy Back $1 Million of Its Common Stock Shares
Moving Image Technologies has announced that its board of directors has renewed its prior authorization of a share repurchase program permitting the company to purchase up to an aggregate of $1 million of common stock over the next 12 months.
Severtson to Feature SeVision 3D GX-WA Screen Coating at CinemaCon 2023
Severtson Screens will feature its enhanced SeVision 3D GX-WA projection screen coating during CinemaCon 2023, which is being held April 25-27 at Caesars Palace in Las Vegas, Nevada.
Mt. Kisco Theatre Back in Business
The intellectual property and movie investment and licensing firm AB International acquired the Mt. Kisco Theatre in Mt. Kisco, New York last November after the theatre had been forced to close because of the pandemic. Today the company announced the venues early business records.
Joy Ride to Receive CinemaCon Comedy Ensemble of the Year Award
The cast of Lionsgate’s Joy Ride will receive this year’s CinemaCon Comedy Ensemble of the Year Award, said the convention’s managing director Mitch Neuhauser.
MovieMax Opens Multiplex in Noida, India
MovieMax has opened a six-screen multiplex in Noida, a planned city just outside Delhi, India.
PVR Inox Launches Environmental Sustainability Initiative
In a unique sustainability initiative, PVR Inox Limited, has partnered with Bollywood star and passionate climate warrior Bhumi Pednekar, to spread awareness among its patrons about the harmful effects of climate change, inspiring them to make sustainable lifestyle choices to help conserve the environment.
Nordisk Film Cinemas Named 2023 International Exhibitor of the Year
Nordisk Film Cinemas has been named as the 2023 recipient of the International Exhibitor of the Year award by CineEurope.
NCM Negotiating to Have Lenders Control its Business
As has been widely reported, National CineMedia is negotiating to hand control of its cinema advertising business to senior lenders as part of a planned bankruptcy filing. The reports all quote people familiar with the matter.
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