European film and television represent 32 percent of all content found on TVOD and 35 percent of SVOD in the EU. For all VOD catalogues (TVOD and SVOD), European content took a share of 33 percent, according to a report from the European Audiovisual Observatory, part of the Council of Europe in Strasbourg.
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.
Following celebrations at the Academy Awards and the BAFTA’s, the 60th Anniversary celebrations of 007 continue with UK and Irish cinema screenings of 25 Bond titles culminating in Global Bond Day on 5th October.
Who owns the media in Europe? Who has the power over the information we receive? And who can safeguard against monopolies becoming too powerful a voice in the media landscape? While European media players are looking to form super groups with enough reach and scale to count among the global players, one may wonder who is keeping an eye on the transparency of media ownership. Who are the watchdogs? And who is watching the watchdogs? This timely new report, Transparency of Media Ownership, by the European Audiovisual Observatory, part of the Council of Europe in Strasbourg, has spotlighted these issues.
Unique X today announced a resale partnership with France’s newest cinema integrator La Cabinerie. Based in Lyons, La Cabinerie will offer Unique X’s RosettaBridge TMS, RosettaNet CMS and BaseKey KDM services to the French Exhibitor market.
Euro Media Group, a leading European global provider of media services, has expanded its digital services division with the purchase of new SubtitleNext licenses to support major productions. The SubtitleNext platform is used for captioning offline content in real time and is embraced by a growing number of film industry professionals across the globe.
The International Union of Cinemas (UNIC), the European cinema trade grouping, has announced that IMAX Corporation and Vista Group take on the role of principal sponsors of its flagship Women’s Cinema Leadership Program, already in its fifth year. At the same time UNIC launched a call for mentors and mentees to take part in the next 2022-23 edition.
Christie cinema RGB laser projectors will be used for the first time at the Malaga Film Festival, one of Spain’s biggest film events, to be held from March 18-22. marking its silver anniversary. The Christie partner Sercine, an official festival collaborator, is looking after the integration and support for the event’s projection.
The median average budget of a European theatrical fiction film released in 2019 was €2.07, according to a new report that tracked the actual budget analysis of 651 European live-action fiction films released in 2019. The largest financing source was clearly direct public funding which contributed 28 percent of the total financing volume, followed by producer investments and broadcaster investments, both of which accounted for 18 percent of total financing. The percentage share of direct public funding in film financing decreases with increasing market size and budget volume.
In support of Ukraine, the Göteborg Film Festival is teaming up with Story, Draken Film and Folkets Bio to host screenings of Simon Lereng Wilmont's festival winner A House made of Splinters, set in a children's home in Eastern Ukraine. The screenings will take place in cinemas throughout Sweden and online via Göteborg Film Festival’s streaming service, Draken Film. All money raised from the screenings will go in full to the organization Voices of Children in Ukraine.