Saudi Arabia: Theater Owners Trade Group Has “Extensive Plans” For Kingdom’s Cinemas

The National Association of Theatre Owners has offered its praise to Saudi Arabia after the kingdom confirmed today that it would lift a 35-year ban on public cinemas. NATOalso revealed that a delegation from the trade group led by President and CEO John Fithian has been in Riyadh during the past week meeting with various government officials in anticipation of the announcement. READ […]

U.K. Exhibitor Cineworld to Acquire Regal for $3.6 Billion

U.K. cinema giant Cineworld has reached an agreement to acquire U.S. sector powerhouse Regal Entertainment Group for $3.6 billion. The deal will “create a globally diversified cinema operator across 10 countries and allow Cineworld to access the attractive North American cinema market,” with Regal getting a chance to look for a better offer. Cineworld will pay […]