ITV

Tag: Imax

  • Imax & Vox Cinemas partner for three theaters in the Middle East

    Imax & Vox Cinemas partner for three theaters in the Middle East

    MUMBAI: Imax Corporation and Middle East exhibitor Vox Cinemas have inked an agreement for three Imax theatres to be added to Vox locations throughout the region.

     

    Imax theatres will be added to existing complexes in Abu Dhabi, UAE, and in Beirut, Lebanon, marking Imax’s entry into that country. In addition, Imax’s next-generation digital laser projection system will be launched as part of a completely new development of their flagship Vox Cinema, located within the landmark Mall of the Emirates in Dubai, UAE.

     

    “Moviegoers in the Middle East want only the best cinema technology and movie watching experiences when visiting our cinemas and Imax is a brand that is regarded as the best among our guests in the region. Our commitment to delivering a customer-focused cinema experience is a perfect fit with Imax’s cutting-edge technology and blockbuster film slate. As we continue to expand our circuit throughout the Middle East, Imax will serve as an anchor attraction that we are confident will be embraced by our guests,” said Vox Cinemas CEO Cameron Mitchell.

     

    “Since 2001, we have grown from two Imax theatres in the Middle East to 15 theatres today and we expect our network growth to accelerate over the next few years. Today’s agreement builds on this momentum and is strategic on many fronts. Not only are we welcoming a new, world-class exhibitor to our business in the Middle East, entering a new market and signing our first laser commitment in the UAE, we are doing so with a partner whose growth plans in the region mirror our own. I believe our collective strengths will expand the reach of The Imax Experience throughout the Middle East and support our mutual growth efforts,” added Imax EMEA president Andrew Cripps.

  • Imax & Warner Bros extend multi-film deal through 2020

    Imax & Warner Bros extend multi-film deal through 2020

    MUMBAI: Imax Corporation and Warner Bros. Pictures have entered into a multi-picture agreement to release up to 30 films from the studio’s slate through 2020 as a continuation of the companies’ longstanding partnership.

     

    Under the agreement, Imax will be part of a number of high-profile tentpoles from Warner Bros. Pictures, including The Man from U.N.C.L.E. , In the Heart of the Sea, Batman v Superman: Dawn of Justice, the Tarzan movie, the King Arthur movie, Suicide Squad, Geostorm, Fantastic Beasts and Where to Find Them, Jungle Book: Origins, and Godzilla 2.

     

    The deal also encompasses a number of upcoming DC tentpoles, as well as future LEGO movies, including The LEGO Movie Sequel.

     

    “We’ve had an incredible partnership with Warner Bros. for more than 10 years, which has helped Imax filmgoers enjoy Warner movies around the world. We’re excited and grateful to extend that partnership,” said Imax CEO Richard L. Gelfond.

     

    “With this multi-picture deal, Imax and Warner Bros. continue a lengthy and substantial partnership, which is invested in bringing the highest-quality entertainment to the most awe-inspiring cinematic experience. But at its core, this deal enriches and broadens Imax’s relationship with key filmmakers, who have always been a top priority for Warner Bros. in bringing the most compelling cinema to audiences around the world,” added Imax Corp senior executive vice president and Imax Entertainment CEO Greg Foster.

     

    Warner Bros. Pictures president, domestic distribution Dan Fellman said, “Imax provides an immersive moviegoing experience that is unparalleled. We have an exciting and extremely diverse slate and look forward to giving audiences the opportunity to see a variety of films on the largest possible canvas.”

     

    Warner Bros. Pictures president, international distribution Veronika Kwan Vandenberg said, “We are thrilled to continue our partnership with Imax on these much-anticipated projects and more to come. Increasingly over the years, international audiences are opting to watch movies on large-format screens, taking advantage of the premium visual and sound quality offered by Imax.”

     

    The Imax release of each film will be digitally re-mastered into the image and sound quality of The Imax Experience with proprietary Imax DMR (Digital Re-mastering) technology.

  • Imax expands partnership with Africa’s largest exhibitor

    Imax expands partnership with Africa’s largest exhibitor

    MUMBAI: Imax Corporation and Ster-Kinekor Theatres, a division of Primedia, have inked an agreement for two additional Imax theatres.

     

    The first Imax theatre will be added to the exhibitor’s upcoming multiplex at the Baywest Mall in Port Elizabeth, with a second to be added to an existing multiplex at the Cradlestone Mall in Johannesburg. The deal brings Ster-Kinekor’s Imax footprint to six theatres with three currently open in Durban, Pretoria and Cape Town and another slated to open in Johannesburg.

     

    “It is our aim to pioneer the advancement of cinema across South Africa as well as Africa, to ensure that consumers get to experience movies the way they were meant to be. Imax is a key enabler of this strategy and we’re delighted to expand our relationship, which is directly related to our complexes’ incremental box office as a result of Imax,” said Ster-Kinekor marketing executive Doug Place.

     

    “In just 15 months, Ster-Kinekor opened its first Imax theatre and, building on its success, has since gone on to expand its Imax commitment to six theatres in the very important South African market. As the industry leader in Africa, with a presence in five countries, Ster-Kinekor is actively growing its network as evidenced by its new build in Port Elizabeth. As an extraordinary operator and Imax brand ambassador, Ster-Kinekor is the perfect partner to help us grow our business in Africa,” added Imax EMEA president Andrew Cripps.

  • FY-2014: Imax reports 0.9% higher revenue; net income down 19.1%

    FY-2014: Imax reports 0.9% higher revenue; net income down 19.1%

    BENGALURU: Entertainment, technology and distribution company Imax Corp (Imax) reported flat (up 0.9 per cent) revenue for the year ended 31 December, 2014 (FY-2014, current year) at $290.54 million as compared to the $287.94 million in FY-2013. The company’s adjusted net income after non-controlling interest in the current year fell 19.1 per cent to $24.23 million from $30.80 million last year.

     

    For the quarter ended 31 December, 2014 (Q4-2014, current quarter), Imax reported a drop of 2.5 per cent in revenue to $102.46 million as compared to the $105.05 million reported for the corresponding year ago quarter. Adjusted net income fell 5.8 per cent to $52.49 million in the current quarter as compared to the $55.70 million in Q4-2013.

     

    “We achieved a great deal over the course of 2014, including the completion of our world-class laser projection system, the sale of a 20 per cent stake in our China business, the signing of long term film deals with most major studios and continued network growth,” said Imax CEO Richard L. Gelfond. “We believe these accomplishments position us well, not only to take advantage of the 2015 film slate, which is already off to a great start, but also to help drive long-term growth.”

     

    The company’s equipment and products sales stream reported almost flat revenue (up 0.1 per cent at $78.1 million in the current as compared to the $78.66 million in FY-2013. The stream reported an 8.1 per cent growth in revenue in Q4-2014 at $41.08 million as compared to the $38.01million in the previous year’s corresponding quarter.

     

     Imax’s service stream reported 2.3 per cent growth in revenue to $ 42.61 million in FY-2014 as compared to the $139.46 million in FY-2013. This stream reported a 3.9 per cent drop in revenue to $40.79 million in Q4-2014 as compared to the $42,46 million in Q4-2013.

     

    The company’s rental stream reported a one per cent drop in revenue to $60.71 million in the current year as compared to the $61.29 million in the previous year. For Q4-2014, revenue for this stream fell a massive 18.1 per cent to $18.43 million from $22.51 million in the year ago quarter.

     

    Imax finance income rose 4.7 per cent in to $8.52 million in FY-2014 as compared to the $8.14 million in FY-2013. For the current quarter finance income was 4.3 per cent up at $2.15 million as compared to the $2.06 million in Q4-2013.

     

    Alternatively, breakup of revenue in segments as opposed to streams above:

     

    Fourth-Quarter Segment Results

     

    Revenue from sales and sales-type leases was $33.2 million in Q4-2014, compared to $32.6 million in the Q4-2013, primarily reflecting the installation of 26 full, new theatre systems under sales and sales-type lease arrangements in the most recent fourth quarter, compared to 24 installations in Q4-2013. In addition there were two digital system upgrades in existing locations in Q4-2014, compared to four upgrades in Q4- 2013.

     

    Revenue from joint revenue-sharing arrangements was $23 million in the quarter, compared to $24.5 million in the prior-year period. During the current quarter, the company installed 29 new theatres under joint revenue-sharing arrangements, compared to 30 in the year ago period. The company had 451 theatres operating under joint revenue-sharing arrangements as of 31 December, 2014, as compared to 382 theatres one year prior.

     

    Production and Imax DMR (Digital Re-Mastering) revenues were $25.6 million in Q4- 2014, compared to $28.6 million in Q4- 2013. Gross box office from DMR titles was $226.9 million in Q4- 2014, compared to $244.5 million in the prior-year period. The average global DMR box office per screen in Q4- 2014 was $292,200 compared to $366,300 in the prior-year period.

  • Cinépolis launches technologically advanced theatre in Thane, Mumbai

    Cinépolis launches technologically advanced theatre in Thane, Mumbai

    MUMBAI: Cinépolis, the world’s fourth largest and India’s first international exhibitor launched the second biggest megaplex in India with 14 screens at Viviana Mall, Thane, Mumbai on 20 November.

     

    With this multiplex, Cinépolis will be operating 110 screens across India, making it the fastest brand to cross the 100-screen landmark organically.

     
    The megaplex is one of the most technologically-advanced cinemas with six concepts under one roof viz. Cinépolis VIP, IMAX, 4DX, Dolby Atmos, RealD 3D and 4K projection system. With this theatre, Cinépolis is introducing 4DX to India which provides a fully immersive movie experience with a real simulation of effects like motion seats, water, wind, fog, lightening and scents that enhance what one views on the screen.

     

    The other revolutionary concepts that the theatre encompasses include the Cinépolis VIP that reinvents entertainment with full leather recliners, in-theatre restaurant apart from the existing service on-seat. It is also the first Cinépolis property to have a fully-equipped IMAX screen. In addition, another auditorium in the complex is equipped with Dolby Atmos, which employs up to 64 speakers to heighten the realism of every scene. Patrons can also enjoy freshly-prepared gourmet food at the in-house coffee shop, Coffee Tree, in the lobby of Cinépolis.

     
    Additionally, the state of the art 3-D technology from Real-D systems is the world’s most widely deployed 3-D technology and offers viewers the most enthralling 3-D movie watching experience and has an exclusive tie-up with Cinépolis in India.

     

    Movie goers can also enjoy benefits of Club Cinépolis, the company’s loyalty programme at the theatre in Viviana Mall.

     

    Cinépolis India MD Javier Sotomayor said, “Cinépolis is committed to offering the best cinema experience to movie goers in India. With this goal in mind, we have introduced unparalleled concepts in the country such as IMAX, 4DX, exclusive Real-D 3D, Dolby Atmos sound to name a few. Thanks to these features, the Cinépolis brand has quickly marked its niche in the country and has been able to garner widespread loyalty.”

     

    “Cinépolis pioneered the concept of luxury cinemas and the largest operator of luxury cinemas worldwide. We are glad to bring the same to India. This is our second Cinepolis VIP property in India, which will provide a superior movie viewing experience to the discerning audience.

     

    Megaplexes such as these enable us to bring all these different concepts under one roof. We can also provide flexibility to our patrons to watch their favourite shows at their preffered timings. We thank Mr. Sunil Shroff and his team for the opportunity to be able to gift to the people of Thane this great megaplex at Viviana Mall, Thane. On the back of this success, we aim to reach the 400-screen landmark by 2017,” he added.

     
     
    Speaking about the growth plans, Cinépolis India director-expansion Ashish Shukla said, “Thought leadership, product leadership and megaplexes is Cinépolis’s commitment to India. The Viviana Megaplex, Mumbai’s largest, is a must visit for all Thanekars and Mumbaikars.

     

    With this 110th screen launching within five years of our operations, Cinépolis continues to be the fastest organically growing company in India, on an average two screens per month. We will continue to bring the best which the world has to offer to India first. 4DX as an experiential cinema will change the way movie goers watch movies in India. We look forward to building Megaplexes like the Viviana Mall across the country in partnerships with leading developers. Visit soon, and enjoy the amazing experience.”

     
    Cinépolis India business head–strategy Devang Sampat shared, “At Cinépolis, our constant endeavour is to deliver unmatched levels of customer service. With the introduction of 4DX in India, we have set a new, unprecedented benchmark in the realm of movie watching experience in the country.

     

    Patrons can also enjoy gourmet food offerings at Coffee Tree and benefit from the Cinépolis club membership, where movie goers can register for free and start accumulating reward points for every purchase made at the Cinépolis Box Office. These points can be later redeemed for free tickets. Club Cinépolis members have the lifetime opportunity to meet and greet their favourite bollywood and Hollywood stars.

     

    We would focus on programming as wide variety of content as “possible to suit the demands from all the different segments. We intend to showcase niche content which haven’t been able to come to the silver screen earlier. ”

    Viviana Mall head Sunil Shroff said, “It gives us immense pleasure to announce the opening of Cinepolis at Viviana. In a short span of a year, Viviana has reset benchmarks with its vibrant retail offerings and unique consumer experientials.  With the launch of Cinepolis, we have sealed our position among the country’s premium destinations for entertainment, shopping, dining and other recreational activities.”   

    Apart from Thane, Cinépolis currently operates at Mumbai, Vadodara, Ahmedabad, Amritsar, Bengaluru, Patna, Surat, Ludhiana, Jaipur, Bhopal, Hubli, Hyderabad, Thane, Mangalore and Vijaywada. Starting in 2009, Cinépolis has become one of the fastest in India to reach the landmark of over 100 screens with a total of 21,500 seats.

     

  • World Wide Open wins the digital mandate for BIG Cinemas

    World Wide Open wins the digital mandate for BIG Cinemas

    MUMBAI: World Wide Open, digital brand partner and strategy consultants have recently bagged the digital duties for BIG Cinemas. The objective of this campaign, developed by WWO, is to increase user engagement for BIG Cinemas, utilizing all mediums of digital marketing and reaching out to the target audience in bulk, as their customers are all online. Along with helping them with designing their website, WWO will also manage and strategies the media planning and buying, social media management, developing mobile applications and the marketing campaigns for their digital audiences.

     

    Commenting on the new account win, Manish Agarwal, CEO, Reliance Entertainment Digital said, “We at WWO (World Wide Open) are extremely excited to work with BIG Cinemas, which is one of the largest chains of cinemas in India. We look forward to help them augment their brand through a delightful consumer experience across all internet connected touch points in a scalable and sustained manner.”

     

    Kushal Sanghvi, Head, World Wide Open commented, “With BIG Cinemas on board, we aim to bridge the gap between the digital and creative aspect of the brand. With some path breaking campaigns designed for them already, the team at WWO is all charged up to serve BIG Cinemas in the best way possible.”

     

    Commenting on the associating with WWO, Shirish Srivastava Sr. VP – Sales & Marketing, BIG Cinemas said, “At BIG Cinemas, we are taking a lot of path breaking initiatives to deliver business value. A robust and dynamic digital presence is critical in this regard, and so we are very happy to have WWO on board.”

     

    World Wide Open is Reliance Group’s new vertical under Reliance Entertainment Digital. Positioned as digital brand partners and digital strategy consultants, WWO aims to fulfill the gap of Digital Brand partner who can help in brand building primarily via digital, by having under one roof, combination of skill sets namely deep consumer insights, strategic brand thinking, conceptualization ability of digital products & services, knowledge of technology to drive innovations and content creativity to engage consumers with contextual and innovative content.

     

    BIG Cinemas, is India’s largest cinema chain with about 516 screens spread across India, US and Malaysia. After pioneering the IMAX experience in India, it recently launched 3D and 6D technology and is the only cinema chain to screen films in all three formats. It is also launching the first megaplexes in the country.

  • Amazing Spiderman sequel to hit Indian shores a day before US screens

    Amazing Spiderman sequel to hit Indian shores a day before US screens

    NEW DELHI: The first trailer of The Amazing Spider Man 2, which will see its Indian release a day prior to the release in US, has been released.

     

    Presently in English, the trailer will soon be out in Hindi as well.

     

    The film is being released by Sony Entertainment Pictures in 2D, 3D and IMAX on 1 May in English, Hindi, Tamil and Telugu. The US release will be on 2 May.

     

    Actor Vivek Oberoi will be lending his voice in the Hindi version for the role of Max Dillon aka Electro. In the original English version, Electro is played by Oscar winning actor Jamie Foxx.

     

    Sony Pictures India MD Kercy Daruwala said: “We are very happy to have Vivek on board for the Hindi version of The Amazing Spider-Man 2. The Hindi version is a large part of our box office and it’s a very important role that Vivek will be playing in its success. Vivek has played a villain so brilliantly in the past and is already a familiar face in the genre. Kids in particular love him.”

     

    Oberoi, ecstatic on giving his voice to Electro said: “I have always been a huge fan of the Spider-Man comics and films and am thrilled to see that the franchise has just grown bigger and better with each film. I have been tremendously excited for The Amazing Spider-Man 2’s release ever since the first trailer came out, and when I was offered to voice Electro for the Hindi version, I was immediately interested in this unique opportunity. Max Dillon/Electro is an immensely fascinating and complex character and it will be interesting to face off with Spider-Man. After my turn as super villain Kaal in Krrish 3, (which grossed Rs 250 crore at the box office) was incredibly gratifying, this is just the icing on the cake. I have already begun dubbing.”

     

    Directed by Marc Webb, the film has big stars like Andrew Garfield, Emma Stone, Jamie Foxx, Dane DeHaan, Campbell Scott, Embeth Davidtz, Colm Feore with Paul Giamatti and Sally Field associated with it.

     

    Spider-Man’s most important conflict has been within himself:  the struggle between the ordinary obligations of Peter Parker and the extraordinary responsibilities of Spider-Man.  But in The Amazing Spider-Man 2, Peter Parker finds that his greatest battle is about to begin.

  • PVR celebrates 86th Academy Awards

    PVR celebrates 86th Academy Awards

    NEW DELHI: PVR Cinemas, the largest cinema exhibition company in India, announces the opening of the PVR Oscar Film Festival in India, starting from 31st January till 6th February 2014. With this endeavor, PVR brings globally acclaimed movies which have been nominated for this year’s Academy Awards to the nine cities in India including Delhi, Mumbai, Kolkata, Chennai, Bangalore, Pune, Chandigarh, Ahmedabad and Kochi.

     

    PVR has always aimed to give the best to its audience by offering world class cinema. This year, besides bringing movies like ‘American Hustle’, ‘The Wolf of the Wall Street’, ‘12 years a Slave’ which have received major nominations at the Oscars, PVR cinemas will also showcase ‘Dallas Buyers Club’ and ‘August Osage County’ at the OSCAR Film Festival almost a month before the scheduled theatrical release of these two films in India.

     

    Talking about the festival, Mr. Sanjeev Kumar Bijli, Joint Managing Director, PVR Ltd, said, “PVR has consistently worked towards offering the best cinema experience to the Indian audience. People from the film fraternity as well the audience look up to the Academy Awards for the quality cinema that it entails. Keeping up with our promise we are very excited to host PVR Oscar Film Festival in India.”

     

    The Oscar Film Festival by PVR is hosted to keep the cities entertained with movies of immense action and drama. The multiplex is expected to witness heavy footfalls with movie connoisseurs excited for their favorite movies.

     

    About PVR Limited

     

    PVR is the largest and the most premium film entertainment company in India. It is listed as India’s Most Trusted and Most Attractive brand – The Brand Trust Report, 2013 in the Category of Entertainment and Display. PVR is currently amongst the top 10 cinema companies in the world with respect to the terms of admissions per screen, entering the World Economic Forum’s List of Fastest-Growing ‘Global Growth Companies’. The brand currently operates a cinema circuit comprising 408 screens in 95 cinemas spread across 39 cities in India.

     

    The company acquired the Cinemax properties in 2012 and currently serves 65 million patrons at PAN India level. From PVR’s Gold Class and Mainstream Cinemas to Director’s Cut, PVR has made exceptional technology like the IMAX® and the ECX (Enhanced Cinema Experience) accessible to its audience. PVR as a brand is known for cultivating and spreading international movie culture countrywide and supports independent filmmakers under the banner of ‘Directors Rare’.

     

    PVR Ltd, the integrated ‘film and retail brand’ has PVR Cinemas as its major subsidiary. Its other two subsidiaries are PVR Leisure and PVR Pictures. PVR Leisure focuses on rolling out F&B and retail entertainment concepts. It’s one of a kind venture, ‘PVR BluO’ is the largest bowling chain in India comprising of 135 cosmic bowling lanes which spreads across 6 centers. PVR Leisure’s first casual dining concept ‘Mistral’ is another venture that offers patrons a high quality experience. Adding to the portfolio, PVR Pictures has been a prolific distributor of non-studio/ independent international films in India for many years.

     

    For any further information, please refer to the enclosed link

    http://www.pvrcinemas.com/corporate/about-us.aspx

     

    For any media query please contact:

    Avian Media

    Silky Chopra/ Kanika Berry / Chinmoyee Kalita

    9650303863/ 9810744517 / 9999874549

  • Iron Man 3 sets screen ablaze in overseas market

    Iron Man 3 sets screen ablaze in overseas market

    MUMBAI: Marvel Studios and Disney‘s Iron Man 3 has set the cash registers ringing in the overseas, opening to $195.3 million from 42 markets to beat last year‘s worldwide blockbuster The Avengers, which debuted to $185.1 million globally, revealed The Hollywood Reporter.
     
    Iron Man 3, which has been well received by critics so far, is playing in roughly 80 per cent of the foreign marketplace, excluding major markets Russia and China, where DMG Entertainment put up some of the financing.
     
    The tentpole broke numerous records for 113 IMAX theaters, which took in $7.2 million for a per screen average of $64,000, coming in ahead of any Marvel title, including Avengers.
     
    Box office observers agree that Iron Man 3 is playing more like a sequel to last summer‘s The Avengers — which featured a myriad of Marvel superheroes, including Robert Downey Jr.‘s Iron Man — than a follow-up to Iron Man 2, which posted a foreign opening of roughly $100 million in 2010.
     
    Disney president of worldwide distribution Dave Hollis didn‘t want to guess as to whether Iron Man 3 could reach that number but said the film is clearly off to a stellar start. "To say we are beyond encouraged is an understatement," he stated.
     
    Iron Man 3, another victory for Marvel Studios‘ president Kevin Feig, is breaking a slew of records overseas, scoring the biggest opening weekend ever Asia Pacific and Latin America, and in individual countries including Argentina, Hong Kong, Indonesia, Vietnam, Taiwan, Philippines, Malaysia and Singapore. It also scored the top Marvel opening in another raft of markets.
     
    Teaming Downey with franchise newcomer, Director Shane Black, Iron Man 3 was released at the international box office ahead of its May 3 North American launch, as Iron Man 2 did in 2010. Gwyneth Paltrow and Don Cheadle also are returning cast members.
     
    It saw its biggest gross in the U.K. ($21.5 million), followed by Korea ($19.2 million), Australia ($18.4 million), Mexico ($16.1 million), France ($14.7 million), Brazil ($12.3 million), Italy ($11.2 million), Taiwan ($8.4 million), Philippines ($7.4 million), Japan ($5.4 million), India ($5.2 million), Spain ($5 million), Hong Kong ($4.9 million), Malaysia ($4.6 million) and Indonesia ($4.5 million), among other markets.

  • Imax and Paramount Pictures to extend their biz ties from next year

    Imax and Paramount Pictures to extend their biz ties from next year

    MUMBAI: With the release of Michael Bay‘s Transformers 4 in June 2014 and a co-production of Christopher Nolan‘s Interstellar in November of the same year, Imax and Paramount Pictures will extend their business ties to release five of the Hollywood studio‘s upcoming films.

    The extended deal follows Imax successfully releasing Nolan‘s The Dark Knight. In that film and Bay‘s upcoming Transformers 4, Imax‘s proprietary cameras will be pressed into service to fill the large-format exhibitor‘s screens.
     
    "Imax is among the greatest ways to experience a movie," Rob Moore, vice chairman of Paramount Pictures has said in a statement. "Working with today‘s top filmmakers, we look forward to bringing audiences the most exciting new movies with the very best presentation for years to come," he added.

    Three other films from Paramount Pictures that are still to be announced will be part of the agreement.