Global Eagle Completes Acquisition of Post Modern Group
Global Eagle Entertainment has completed its previously announced acquisition of Post Modern Group for up to approximately $24 million in a combination of cash and stock.
Business
Christie MicroTiles Focus of USC Cinema School Reception
Christie recently showcased its Christie MicroTiles at the opening of the new Interactive Media Building at the University of Southern California’s School of Cinematic Arts. Christie is partnering with USC to provide students and faculty with access to the latest in visual technologies.
More2Screen to Distribute Def Leppard’s Viva Hysteria to Cinemas Worldwide
More2Screen has been appointed by AEG Live to distribute a spectacular rock show event, Def Leppard’s Viva Hysteria, to cinemas worldwide (except the U.S. and Canada) from September 19th.
NCM, Beijing China Times Media Announce Advertising Agreement
NCM Media Networks and Beijing China Times Media Advertising Co. have entered into an advertising cooperation and fee agreement to help international brands reach movie audiences in the United States and China.
Despicable Me 2 First Satellite Delivered Movie in Mexico
Cinepolis and Contenido Alternativo announced today that Universal Pictures and Illumination Entertainment's Despicable Me 2 was delivered through the Satellite Network to 281 of the chain's theatres simultaneously.
GDC Signs Latin American Agreements with Six Hollywood Studios
GDC Technology’s Digital Cinema Network has signed separate non-exclusive digital cinema deployment agreements with each of the six Hollywood studios — Walt Disney Studios Motion Pictures International, Twentieth Century Fox Film Corporation, Paramount Pictures Global, Sony Pictures Releasing International Corporation, Universal Pictures International and Warner Bros. Entertainment – to deploy DCI-compliant digital cinema equipment to cinemas in the Latin American region.
CineEurope Focuses on Event Cinema
This year the buzz at CineEurope seemed to be all about alternative content, or event cinema as it’s being increasingly referred to. As chair of the ECA it’s difficult to gain real perspective from the eye of the storm but having seen the business grow from an occasional add-on for exhibitors to a serious revenue stream in more recent years, the sense in Barcelona last month was that in event cinema, the possibilities are endless and the sense of real excitement was tangible. Everyone from major studios to major cinema chains to independents to technical partners seemed keen to know more, hear more, do more to exploit this established and still growing revenue stream.
Casablanca Meeting Considers Future of South Mediterranean Film Business
The European Union's Euromed Audiovisual III program and the European Audiovisual Observatory, in collaboration with the Moroccan Film Centre, brought together cinema experts from around the South Mediterranean region in Casablanca on June 20 and 21.These Arab film professionals met representatives of international bodies working on statistics in cinema, and successfully developed recommendations (see link below to download) for a permanent South Mediterranean network to ensure systematic collection and exchange of data on the region's film sector.
Cineplex to Purchase 26 Empire Theatres in Canada
Cineplex has announced that it has entered into an agreement to purchase select theatres from Empire Theatres Limited for a cash purchase price of $200 million, subject to certain adjustments to be made at closing.
Rising Demand for Content Raises Need for Insurance
The evolution of online media sites like YouTube and Hulu as fully developed, mainstream entertainment platforms is spawning an infinite audience for engaging entertainment content that is resulting in a renaissance in content creation, be it a web series, feature-length or short films, tutorials or music videos, according to Scott Carroll, executive vice president & program director of Take 1 Entertainment Insurance.
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