Barbenheimer fails to drag Showcase Cinemas owner out of the red Business The popularity of films such as Barbie and Oppenheimer failed to drag the company behind Showcase Cinemas out of the red despite boosting its sales, it has been revealed. The UK arm of National Amusements has reported a pre-tax loss of £13m for the year to 4 January, 2024, according to newly-filed accounts with Companies [...]
The Light: Leisure and cinema chain backed by Luke Johnson Business Seasoned investor Luke Johnson has backed leisure and cinema company The Light in yet another sign that the competitive socialising sector is heating up. Revolution Bars’ newly-appointed chair has acquired The Light – which operates an entertainment model including bowling alleys, mini golf and cinemas – along with a co-investment from cinema and leisure investors Melcorpo. [...]
Pearl & Dean: Cinema advertising giant banking on Wicked and Gladiator 2 success after loss-making year Business Cinema advertising giant Pearl & Dean is hoping that the expected commercial success of Wicked and Gladiator 2 will help it return to the black. The London-headquartered business fell to a pre-tax loss of £1.7m in 2023 despite the boost provided by the popularity of films such as Barbie, Oppenheimer and Wonka. The loss came [...]
Gladiator II and Wicked set to drive winter boost for Everyman Cinemas September 25, 2024 Luxe cinema group Everyman Cinemas has reported a jump in revenue and earnings as it eyes a slate of big-ticket blockbusters over the next few months. The company reported revenue of £46.9m in its interim results, up from £38.3m in the same period last year, as the number of Brits heading to its cinema sofas [...]
Former Cineworld boss looks to snap up struggling UK sites for new venture September 8, 2024 Mooky Greidinger is eyeing up the UK for a new venture as the former Cineworld boss attempts to woo over the embattled cinema chain’s landlords with his plans. Greidinger, who was behind the rise of Cineworld before it was buried by the lingering burden of debt due to the Covid-19 pandemic, is reportedly in talks [...]
Sing Sing film review: Colman Domingo shines in imaginative prison drama August 29, 2024 Colman Domingo, a talented character actor only just beginning to get his due as a star, leads a thrilling ensemble in this uplifting true-life drama. He plays John “Divine G” Whitfield, an inmate at the infamous Sing Sing correctional facility just outside of New York. Wrongly convicted and awaiting a parole verdict, he puts everything [...]
Elliot Page proves he is a force in first film since transitioning August 29, 2024 Oscar nominee Elliot Page stars in his first film role since announcing his transition in 2020. In Close To You, he plays Sam, a transgender man living in Toronto making the journey to the small town where he grew up for his father’s birthday. It’s the first time in four years he has visited, and [...]
Marv Studios: Record year for Matthew Vaughn and Claudia Schiffer’s Kingsman maker August 21, 2024 Marv Studios, the production company founded by Matthew Vaughn and Guy Ritchie, achieved the best year in its history as it surged back into the black. The firm, which is now owned by Vaughn and his wife Claudia Schiffer, has posted a pre-tax profit of £72.7m for the year to 30 June, 2023. The company [...]
PwC: UK media market set to overtake Germany as largest in Europe August 14, 2024 The UK is on track to dethrone Germany as Europe’s largest entertainment and media market next year, driven by a surge in internet advertising and a resurgence in cinema and live music, according to new PwC data. Despite a sluggish recovery from a flat 2023, the UK’s entertainment and media sector is forecast to exceed [...]
London could be Europe’s Hollywood – but we need to act now August 11, 2024 A backward-looking mindset is stopping London's film industry from thriving, writes Trevor Morriss