Cineworld Group plc is the world’s second largest cinema chain, with 9,538 screens across 793 sites in 10 countries: the US, the UK, Ireland, Poland, Romania, Israel, Hungary, the Czech Republic, Bulgaria and Slovakia. The group’s primary brands are Regal (in the US), Cineworld and Picturehouse (in the UK & Ireland), Cinema City (throughout Europe) and Yes Planet (throughout Israel). Cineworld is currently the leading cinema operator in the UK by box office market share (based on revenue), with 99 cinemas and over 1017 screens, including Ireland’s single largest multiplex by screens and customer base. Cineworld Glasgow Renfrew Street is the tallest cinema in the world and the busiest, by customer base, in the UK. The Cineworld site with the greatest number of screens is located at Valley Centertainment in Sheffield, which has 20. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
|Cineworld Group plc|
|Traded as||LSE: CINE|
|Headquarters||London, England, UK|
(Deputy Chief Executive)
|Revenue||£4,119.1 million (2018)|
|£492.9 million (2018)|
|£284.3 million (2018)|
Cinema City International
Digital Cinema Media (50%)
Regal Entertainment Group
Spyglass Media Group
Cineworld was established by Steve Wiener, an American, with other co founders including Ian Johnston who devised the name along with the support of private equity funds in 1995. They opened the first Cineworld in Stevenage, Hertfordshire in July 1996; the second, in a purpose-built location in Wakefield, West Yorkshire, followed in December 1996, with Shrewsbury, Shropshire, following in December 1998. After opening more sites over the next few years, Cineworld also took over the UK and Ireland operations of French cinema company UGC in 2005.
In December 2012, Cineworld acquired the Picturehouse Cinema chain, adding 21 cinemas to its portfolio, including The Little Theatre in Bath, Brighton’s Duke of York’s cinema, the Cameo, Edinburgh, the Phoenix in Oxford and the Ritzy Cinema in Brixton.
The Blackstone Group, which had invested in Cineworld when it was privately owned, sold its entire remaining 20% shareholding in November 2010. In August 2013, The Guardian revealed that Cineworld employs 80% of its 4,300 staff on zero hour contracts. In October 2013, the Chester location was closed due to the landowner wanting to develop the land into a supermarket.
In 2014 Cineworld's Picturehouse chain was subject to industrial action owing to its refusal to pay the London living wage to its staff. The workforce attracted the support of Eric Cantona. On 27 February 2014 Cineworld completed the takeover of Cinema City International N.V.. In what can be seen to be a partial reverse takeover, the Greidinger family (who owned a controlling 54% stake in Cinema City International) hold a controlling bloc as the largest shareholders in the enlarged company.
In 2015, Picturehouse unveiled their new West End flagship site, ‘Picturehouse Central’, a 1,000 seat, seven-screen cinema on Shaftesbury Avenue near Piccadilly Circus in central London. In August 2016 Cineworld acquired six cinemas from Empire Cinemas, including the Empire Theatre in London's West End, and 4 other locations in Basildon, Poole, Bromley and Hemel Hempstead. Empire Newcastle was also acquired by Cineworld the following year.
In November 2017, Cineworld began merger talks with the US theater chain Regal Entertainment Group. On 5 December, it was officially announced that Cineworld would buy Regal for $3.6 (£2.7) billion dollars. This will create the world's second largest cinema group. It will also allow Cineworld access to the US market, the largest in the world.
According to the company's 2017 Annual Report, Cineworld aims to be ‘the best place to watch a movie’ by providing their customers with a choice of how to experience movies, with the latest audio and visual technology and a range of retail offerings, including 29 Starbucks outlets across the UK.
Across the Cineworld estate there are seven different ways in which their customers can watch a movie: 2D, 3D, 4DX, IMAX, Superscreen, VIP and ScreenX. Prices are set according to the format the customer chooses, and not the movie they choose. As of April 2018, across the European estate there are 38 4DX screens, 35 IMAX screens and 12 VIP auditoriums. Out of 45 cinemas in the world that are fitted with IMAX with Laser projection systems, two are in the UK, both belonging to Cineworld, located in Leicester Square and Sheffield. In April 2018, IMAX And Cineworld Group signed an agreement to install 55 new IMAX with Laser experience in Cineworld and Regal IMAX locations.
Cineworld has begun a trial of a premium cinema brand, The Screening Rooms. Located next to the Cheltenham cinema, The Screening Rooms offers considerably larger, leather seating, premium food, and 'table' service.
Cineworld was the only cinema chain in the United Kingdom to operate a 'strict no food and drink policy' on items that have been bought elsewhere, but in November 2012 the food policy was changed and now states that "neither alcohol nor hot food may be brought onto the premises". In early 2014, Cineworld introduced an allocated seating system, starting as a trial in selected sites including Wembley and rolling out to all their cinemas by the summer. The move was controversial and a Twitter campaign was created against this policy. Cineworld have responded to the criticism stating that it gives customers peace of mind along with other benefits.
Cineworld continues to expand and enhance their estate, with an extensive ongoing build and refurbishment programme. In 2017, the company opened nine new cinema locations with a total of 109 screens; four of which were in the UK and five in the rest of Europe. A further 75 screens are scheduled to open in 2018 in addition.
Under the terms of the deal, Cineworld will purchase about 100 multiplexes from CCI for 503 million pounds. However, CCI will maintain a 24.9 percent stake in the combined business.
Can I bring in my own food and drink? – Cineworld have a strict no food and drink policy.
2.2 Alcohol and Food Policy: Neither alcohol nor hot food may be brought onto the premises. Only hot food bought on the premises may be consumed on the premises. Alcohol may only be purchased and consumed in Cineworld licensed bar areas or in licensed screens and licensing laws will be strictly enforced.
4DX is a motion picture technology owned and developed by South Korean company CJ 4DPLEX, a part of the CJ Group. 4DX allows a motion picture presentation to be augmented with environmental effects such as seat motion, wind, rain, lights, and scents along with the standard video and audio. As such, theaters must be specially designed for and equipped with 4DX technology. The experience was introduced commercially in 2009 with the release of Journey to the Center of the Earth in Seoul, South Korea.Broughton Shopping Park
Broughton Shopping Park is a retail park situated in Broughton, Flintshire. Branches of many popular high street stores have an outlet at the park. Retail outlets include Asda Living, Primark and SportsDirect.com.The Mill House Pub is also on the site. A Cineworld multi-screen IMAX cinema opened in 2015, alongside restaurants including Frankie and Benny's, Nandos, and Prezzo.Carlton Theatre
The Carlton Theatre was a London West End duel purpose theatre come cinema built in 1927 for Adolph Zukor’s Paramount Pictures Inc. It continues in use as a cinema and is now called Empire Haymarket..
It was designed by Frank Verity and Sam Beverley in Italian and Spanish Renaissance architectural style with a total seating capacity is 1,150 and a dual theatre or cinema capability. It is located at 63-65 Haymarket, London, SW1 and was built on the site of Anglesea Yard , a former coaching inn.It opened on the 27th April 1927 with the successful musical play Lady Luck by Firth Shephard. In 1933 it staged another stage success , a run of Bitter Sweet by Noël Coward. The Carlton Theatre was wired for sound in 1929 and increasingly went over to being used as a full-time cinema.
It was originally built and owned by Paramount Pictures and was operated by them until 1954 when it was leased to Twentieth Century Fox as their West End showcase for CinemaScope films.
Fox continued to operate the Carlton until 1977 when they withdrew from cinema operations in London (they had also run the Rialto, Coventry Street). The cinema was taken over by Classic and the former stage area was sold for demolition and redevelopment. The auditorium was divided into three screens and reopened on 11 January 1979 as the Classic Haymarket. Various changes in ownership resulted in name changes to Cannon, MGM, Virgin ,UGC and Cineworld Haymarket.
.Cinema City International
Cinema City International N.V. is the largest cinema operator in Central and Eastern Europe as well as in Israel and the third largest cinema operator in all of Europe. The Company operates 99 multiplexes with a total of 966 screens.
In the CEE countries the Company operates cinemas under the Cinema City brand name and in Israel under the Yes Planet and Rav-Chen brand names. Theatre operations are the Company’s core business comprising the sale of tickets, snacks and beverages in concession stands as well as cinema advertising conducted under its brand name “New Age Media”. The Company is one of the fastest growing cinema chains in Europe with current plans to open 36 new multiplexes (approximately 380 screens) based on existing binding lease agreements.
The Company is also a film distributor in all its countries of operations. This business is conducted through its local “Forum Film” subsidiaries. The Company conducts real estate activities and owns assets located in Bulgaria, Israel and Poland and include: the Mall of Rousse and other plots of land in Bulgaria, plots of land designated to develop an amusement park in Poland, an indirect interest of 39,78% in Ronson Europe NV and an office building in Herzliya, Israel and 5 other properties in Israel. The Company shares are traded on the Warsaw Stock Exchange. A takeover by Cineworld was announced in January 2014.Cineworld, Glasgow
Cineworld Glasgow Renfrew Street is a cinema on Renfrew Street, Glasgow, located in the north-east of the city centre. It is adjacent to Buchanan Bus Station and the Glasgow Royal Concert Hall, as well as being close to Sauchiehall Street and Buchanan Galleries. At 62 metres (203 feet) high, the building is currently the tallest cinema in the world.By 2003 it was the busiest cinema in the United Kingdom by admissions, having attracted over 1.8 million patrons that year. Cineworld Glasgow has 18 screens over 6 levels, and can accommodate more than 4,300 people. Its most distinctive feature is the huge glass curtain wall on the east face, which houses a system of criss-crossing escalators which are lit neon blue at night.Cineworld Dublin
Cineworld Dublin is the biggest cinema in Ireland, with 4 floors and 17 screens. It is located on Parnell Street, Dublin and is owned by the Cineworld cinema chain.
It was opened by Virgin Cinemas in 1995 as Virgin Cinemas Dublin, the only cinema that was opened by Virgin Cinemas in Ireland.
In 1999, the Virgin Group sold Virgin Cinemas to French cinema chain, UGC. All Virgin Cinemas were rebranded as UGC and Virgin Cinemas Dublin was renamed UGC Dublin in 1999.
The current front entrance was originally opened as a separate IMAX 70mm cinema in about 1998. It was bought by the UGC cinema next door and converted into UGC's replacement front entrance. The one IMAX screen was converted into 5+ extra cinemas (to add to UGC's existing screens), a bar, shop, and ticketing area. In 2012 screen 17 on the top floor was refurbished to support digital IMAX (smaller, lower resolution than 70mm IMAX film). It is considerably smaller in size than the original IMAX screen housed by the building.
In 2004, UGC's UK and Ireland operations were taken over by Cineworld. In 2005, the UGC cinemas in the UK and Ireland were rebranded as Cineworld. UGC Dublin was renamed Cineworld Dublin.Cowcaddens
Cowcaddens (Scots: Coocaddens, Scottish Gaelic: Coille Challtainn) is an area of the city of Glasgow, Scotland. It is very close to the city centre and is bordered by the newer area of Garnethill to the south-west and old Townhead to the east.
Cowcaddens was originally a village and became an industrious and thriving part of the expanding Glasgow, being close to Port Dundas and the Forth and Clyde Canal immediately to its north. Its boundaries merged into the City of Glasgow in 1846. By the 1880s, the area was becoming a slum district with the highest level of infant mortality (190 per thousand births) in the city, a figure which was three times that of the West End.The southern fringes of Cowcaddens have historically housed one of Glasgow's premier entertainment districts, with theatres and music halls including the former Scottish Zoo and Hippodrome in New City Road, the Grand Theatre at Cowcaddens Cross, Theatre Royal at the upper end of Hope Street, the massive Cineworld multi-storey cinema complex and the Glasgow Royal Concert Hall at the top of West Nile Street. The Royal Scottish Academy of Music and Drama, now known as the Royal Conservatoire of Scotland is in Renfrew Street at its junction with Hope Street. From 1957 to 2003, the headquarters of STV were located there - having since relocated to Pacific Quay. Two other former theatres, the Royalty Theatre and the Glasgow Apollo (now occupied by the Cineworld complex) used to stand close to the area.
The former Cowcaddens Free Church now houses the National Piping Centre.
Housing in the area is primarily ex-council housing (there are no council houses in Glasgow since their transfer to the Glasgow Housing Association).
Glasgow Caledonian University is nearby. Cowcaddens is served by Cowcaddens subway station on the Glasgow Subway system, and by bus services through it and emanating from Buchanan Bus Station.
The socialist politician Edward Hunter, who was instrumental in helping build the Left in New Zealand, was a Labour councillor for Cowcaddens from 1937 until 1959.
In 2007 the Cowcaddens pedestrian underpass was decorated with 15 screen prints by artist Ruth Barker.Empire, Leicester Square
The Empire, Leicester Square is a cinema currently operated by Cineworld on the north side of Leicester Square, London.
The Empire was originally built in 1884 as a variety theatre and was rebuilt for films in the 1920s. It is one of several cinemas in and adjoining Leicester Square which are regularly used for film premieres and first runs.
Today, it has 9 modern auditoria, including an IMAX (IMAX with Laser projection), a Superscreen(Dolby Atmos), and a 4DX screen.Empire Cinemas
Empire Cinemas Limited is a multiplex cinema chain in the UK. There are 14 Empire Cinemas across the country, with 131 screens in total.National CineMedia
National CineMedia (NCM) is an American cinema advertising company. NCM displays ads to U.S. consumers in movie theaters, online and through mobile technology. NCM presents cinema advertising across a digital in-theater network, consisting of theaters owned by AMC Entertainment Inc. (excluding certain theaters whose advertising is fulfilled by Screenvision after AMC's purchase of Carmike Cinemas), Cinemark Holdings, Inc., Regal Entertainment Group and other regional theater circuits.
The publicly traded National CineMedia, Inc. (NASDAQ: NCMI) owns 48.8% and is the managing partner of NCM. Regal's parent company Cineworld and Cinemark and hold the remainder of NCM shares.The company is perhaps best known to the general public for its advertising pre-show, Noovie.Neighborhood Cinema Group
Neighborhood Cinema Group, branded as NCG Cinemas, is a movie theater chain headquartered in Owosso, Michigan. The chain consists at present of 20 theaters with 147 screens. Most of the theaters are located in Michigan, especially in the Flint and Great Lakes Bay region and the Greater Lansing area. In recent years the chain has expanded to include theaters in the Chattanooga, Tennessee, Metro Atlanta, Chicago areas, Indiana and South Carolina then built another building in North Carolina. On July 21, 2017, another location was opened in Kingsport, Tennessee. The cinema operator planned its first foray into New York state in January 2019 with the opening of a 12-theater cineplex at the Hudson Valley Mall in Kingston, New York. Mall management company Hull Property Group said the cineplex would occupy the upgraded space of a 12-theater cineplex operated by Regal Entertainment Group that Regal closed August 16, 2018, five months to the day after Regal was purchased by British movie theater chain Cineworld Group plc.Picturehouse Cinemas
Picturehouse Cinemas is a network of cinemas in the United Kingdom, operated by Picturehouse Cinemas Ltd and owned by Cineworld. The company runs its own film distribution arm, Picturehouse Entertainment, which has released acclaimed films such as David Lowery's A Ghost Story, Sally Potter's The Party and Francis Lee's God's Own Country, Custody, Capernaum and The Wife. A previous iteration of this distribution arm, which focused largely on alternative content, was sold in 2017 to Howard Panter and Rosemary Squire and rebranded as Trafalgar Releasing.The first cinema in the chain, Phoenix Picturehouse, opened in Oxford in 1989, but many of the others operated independently before then: the Duke of York's Picture House in Brighton, for example, opened in 1910 and is Britain's longest continually operating cinema.Regal Cinemas
Regal Cinemas, formerly known as Regal Entertainment Group, is an American movie theater chain headquartered in Knoxville, Tennessee. Regal operates the second-largest theater circuit in the United States, with over 7,307 screens in 564 theaters as of June 2016. The three main theatre brands operated by Regal Entertainment Group are Regal Cinemas, Edwards Theatres, and United Artists Theatres.
These chains retain their exterior signage, but most indoor branding (popcorn bags, policy trailers) uses the Regal Entertainment Group name and logo. Where applicable, the REG logo is used alongside the three individual brands. Most new cinema construction uses the Regal Cinemas name, although Regal has built new Edwards locations in California and Idaho. Regal has acquired several smaller chains since this merger; these, however, have been rebranded as Regal Cinemas.
On December 5, 2017, it was officially announced that the UK theater chain Cineworld would acquire Regal for $3.6 billion. On February 27, 2018, the acquisition of Regal by Cineworld was completed, making it the second largest global cinema exhibitor behind AMC.Spyglass Media Group
Spyglass Media Group, formerly Spyglass Entertainment (officially Spyglass Entertainment Holdings, LLC), is an American film and television production company founded by Gary Barber and Roger Birnbaum in 1998.The Cornerhouse, Nottingham
The Cornerhouse is leisure complex in the city centre of Nottingham, England.
Built on the former site of Nottingham's local paper (The Nottingham Evening Post) its attractions include a number of bars, restaurants, a multi-screen cinema operated by Cineworld, a large nightclub called "PomPom", a casino and two indoor adventure golf courses. It is smaller than its neighbouring complexes Victoria Centre, Royal Concert Hall and the Theatre Royal. However, it is bigger than the recently built Trinity Square development.The O2
The O2 is a large entertainment district on the Greenwich peninsula in South East London, England, including an indoor arena, a music club, a Cineworld cinema, an exhibition space, piazzas, bars, and restaurants. It was built largely within the former Millennium Dome, a large dome-shaped canopy built to house an exhibition celebrating the turn of the third millennium; consequently The Dome remains a name in common usage for the venue. It is sometimes referred to as The O2 Arena, but that name properly refers to a smaller indoor arena within The O2. Naming rights to the district were purchased by the mobile telephone provider O2 from its developers, Anschutz Entertainment Group (AEG), during the development of the district. AEG owns the long-term lease on the O2 Arena and surrounding leisure space.
From the closure of the original "Millennium Experience" exhibition occupying the site, several ways of reusing the Millennium Dome's shell were proposed and then rejected. The renaming of the Dome in 2005 gave publicity to its transition into an entertainment district. The Dome's shell remained in situ, but its interior and the area around North Greenwich Station, the QE2 pier and the main entrance area were completely redeveloped.
The area is served by the Jubilee line's North Greenwich tube station, which was opened just before the millennium exhibition, and by bus routes. Thames Clippers operate a river boat service for London River Services; the present tenants, AEG, purchased Thames Clippers in order to provide river links between central London and The O2. As well as a commuter service, Thames Clippers operates the O2 Express service. Local buses also serve the station and the nearby O2.
On 23 February 2017, O2 announced that they had agreed to a deal with AEG to maintain the naming rights of The O2 for a further 10 years until 2027.UGC (cinema operator)
UGC is the second largest cinema operator in Europe with, as of August 2013, 45 sites and 488 screens across four countries.Union Square Aberdeen
Union Square is a shopping centre located in the centre of Aberdeen, Scotland, which opened to the public on Thursday, 29 October 2009. The centre contains a covered shopping mall and retail park. Located on Guild Street and Market Street, the development adjoins onto the side of Aberdeen railway station and a new Aberdeen bus station creating a transport hub. The mall houses more than 60 shops, over fifteen restaurants, a ten screen 2,300 seat Cineworld cinema (the largest in Aberdeen) and a 3-star Jurys Inn hotel with 203 rooms.Valley Centertainment
Valley Centertainment is a leisure and entertainment complex in the Don Valley in Sheffield, South Yorkshire, England. It was built on land previously occupied by steel mills which also includes what is now Meadowhall shopping centre and the Fly DSA Arena. It is home to several restaurants, bars, a cinema, and a bowling alley as well as other attractions.
|Smaller & Regional|