More "luxury" movie theaters, Regal gets bigger

Variety reports another development in the movie theater biz: Village Roadshow Ltd., Act III, Lambert Entertainment and the Retirement Systems of Alabama pension fund have joined up to give the US the new Village Roadshow Gold Class Cinemas. The $200 million endeavour plans to build 50 "luxury" theaters over the next five years, with the […]

Posted on March 26, 2008 at 10:57 by Gordon@MovieMakeout · Permalink · 4 Comments
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A new business model for movie theaters, an indie movie glut, more (updated)

The New York Times has a really cool article about the woman who founded Film Streams, not-for-profit art house movie theater in Omaha, Nebraska. Rachel Jacobson, a 29 year old Omaha native, said in an interview, [that] though there are certainly more of them being made nowadays — (the showing of small films) is not great business. […]

Posted on March 15, 2008 at 22:48 by Gordon@MovieMakeout · Permalink · 5 Comments
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2007 box office breaks a record, ticket sales flat

According to The Hollywood Reporter, 2007 had box office returns of $9.63 billion, citing data from the Motion Picture Association of America’s annual “state of the union” report. This new record represents a 5.4% increase over 2006, according to the article, but that’s failing to factor in the insane amount of inflation we had last […]

Posted on March 6, 2008 at 12:50 by Gordon@MovieMakeout · Permalink · Comments Closed
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