Giant cinema screen operator IMAX has benefitted from strong box office receipts across Asia and with encouraging signs that the upcoming slate of Hollywood blockbusters will see an enthusiastic response from China. IMAX installed 71 cinema systems and signed agreements for 65 extra systems for the full year, and saying that this demonstrated continued partner […]
Giant cinema screen operator IMAX saw its share price rise 6.4 per cent on February 16 as a direct result of solid box office receipts and attendance numbers at its Chinese theatres. IMAX, in a statement, said that it had enjoyed the best opening weekend for Chinese New Year holiday attendance. At $20.47 per share […]
Official figures published by the BFI’s Research and Statistics Unit reveal strong signs of economic recovery in UK film and high-end TV (HETV) production following months of suspended filming in the wake of the pandemic. The final three months have recorded a £1.19 billion spend in the final quarter of 2020, the second highest spend […]
The latest AA/WARC Expenditure Report anticipates 15.2 per cent growth in the UK’s advertising market in 2021, ahead of other key markets including the US and China. This is due to strong online activity, particularly within the e-commerce and online video sectors. A strong year ahead In 2021, the UK ad market is set to […]
Research from analyst firm Parks Associates finds 25 per cent of US broadband households now prefer an OTT subscription service to watch new movies, while 24 per cent still prefer movie theatres to experience first-run movie titles. “Covid-19 has upended the traditional content-windowing process, and consumer research shows this paradigm shift is impacting consumer attitudes,” […]
Ampere Analysis has published revised forecasts for global box office revenues in 2020, now just 25 per cent of the original estimate made in January, showing the devastating effect of coronavirus on the sector. At the start of 2020, Ampere forecast annual gross box office revenue of $44.5 billion (€37.1bn) globally, a stark contrast to […]
Sky has announced the acquisition of Blithe Spirit from StudioCanal UK. The film will be released in cinemas and on Sky Cinema on January 15th across the UK and Ireland, and will also be available on streaming service NOW TV via the Sky Cinema Pass. The fantasy comedy, based on the play by Noël Coward, […]
Wonder Woman 1984, the DC movie sequel, will launch on streaming platform HBO Max in the US on Christmas Day, and be released in cinemas the same day, Warner Bros has confirmed. The release of Wonder Woman 1984, along with many other tentpole features, had already been delayed several times as a result of the […]
The latest movie from Nickelodeon icon SpongeBob SquarePants has landed directly on Netflix in Europe. The SpongeBob Movie: Sponge on the Run was scheduled for a global theatrical release this summer before the pandemic put an end to that. Paramount then agreed a deal with Netflix to debut the movie on the streaming platform everywhere […]
Giant screen cinema operator IMAX recorded its highest-ever losses for its Q3 trading. They were brought about because of its Covid-impacted revenues which plummeted to $37.3 million from $86.4 million in the same period in 2019. But the revenues could have been worse. Asian revenues, where the Covid restrictions had been relaxed, helped boost income […]