Chicken Soup for the Soul Entertainment has announced that the company had the largest Transactional Video-on-Demand (TVoD) revenue week in the company’s history. The Redbox streaming platform hit record revenue in the US with the premium release of Avatar: The Way of Water and the premiere of Creed III. The simultaneous release of Plane at […]
Cineworld, the struggling cinema chain, has announced it will raise new funding and has aborted plans to sell its businesses in the US, UK and Ireland after failing to find a buyer. Cineworld saw its share price fall by nearly 30 per cent after announcing its cancelled sale plans. At the same time, the company […]
Giant cinema screen specialist IMAX has reported lower quarterly revenues despite being helped during the quarter by the record box-office takings from Avatar: The Way of Water and a recovery at its Chinese theatres. IMAX’s overall Q4 revenues were 10 per cent down at $98 million (€92.5m) on the same period a year ago ($108.6 […]
Europe’s film revenue rose 21.6 per cent year over year to $2.82 billion (€2.72bn) between January and October, according to figures from OpusData compiled by S&P Global Market Intelligence. There were 203 films released in the region in October, down 10.2 per cent from 226 titles that hit cinemas in October 2021. Further highlights from […]
Giant screen theatre operator IMAX has seen its box office rise 25 per cent (y-o-y) during its Q3, but still reported an (adjusted) net loss, not helped by the continuing Covid problems in China – one of its key markets – and a lull in blockbuster releases. Overall revenue at IMAX came in at to […]
Ubisoft Entertainment’s latest set of results revealed delays to some key game releases and a cut to the company’s future guidance. But investment bank Berenberg maintained its ‘Hold’ advice to investors in its July 22nd Flash Note. The company has a number of well-known games in its portfolio, such as Assassins Creed. Ubisoft says an […]
DNEG, a technology-enabled visual effects (VFX) and animation company, has announced the signing of a new, multiyear services agreement with Netflix. The non-exclusive agreement covers the provision of visual effects and virtual production services by DNEG for Netflix series and feature programming. The new agreement extends and expands on a previous agreement that the companies […]
Giant screen business IMAX has reported its Q1 2022 numbers which highlighted a promising recovery from its pandemic-affected period. Its Q1 box office was up 57 per cent to $173.2 million (€164.7m) and that the number of open theatres in China – its strongest market – were up from 52 per cent to 65 per […]
Jamie Woodruff, a leading authorities on cyber security, says that the Metaverse is among the new ways scammers could target the growing number of online gamers in the UK. The warning comes as research from connectivity provider TalkTalk shows that 71 per cent of gamers have been targeted, or know someone who has been targeted, […]
Apple TV+ has announced a series order for Surfside Girls, a new 10-episode live action kids and family series from May Chan (An American Girl Story: Ivy & Julie 1976, Avatar: The Last Airbender), and based on the best-selling Top Shelf Productions (IDW Publishing) graphic novel series of the same name by author Kim Dwinell. […]