Chicken Soup for the Soul Entertainment has announced that its Redbox kiosks in the US saw a record week of rentals with the recent addition of the animated film The Super Mario Bros Movie. The film set several new records, including becoming the top movie rental for 2023, the most rented movie in its first […]
Cineworld, the struggling cinema chain, has announced it will raise new funding and has aborted plans to sell its businesses in the US, UK and Ireland after failing to find a buyer. Cineworld saw its share price fall by nearly 30 per cent after announcing its cancelled sale plans. At the same time, the company […]
Paramount Global disappointed Wall Street estimates on quarterly revenue as a slump in the advertising market hit CBS. TV advertising revenue fell 7 per cent in the three months to December, despite a lift from political advertising on the back of US mid-term elections in November. Meanwhile, Paramount+ added a record 9.9 million subscribers, partly […]
Mirroring similar findings from the British Association for Screen Entertainment, the value of the UK home entertainment market soared to £11.1 billion (€10.3bn) in 2022, an all-time record for music, video and games sales, according to preliminary figures from digital entertainment and retail association ERA. The total was 6.9 per cent up on 2021 and […]
Figures released by trade body the British Association for Screen Entertainment (BASE) and the Official Charts Company (OCC) show Top Gun: Maverick flying high as the biggest selling home entertainment title in 2022, with over 1.2 million sales across DVD, Blu-ray, and Digital EST (electronic sell-through). Spiderman: No Way Home swings in to second place […]
Streaming service SkyShowtime will launch on December 14th in Bosnia & Herzegovina, Bulgaria, Croatia, Montenegro, Serbia and Slovenia, bringing its offering of exclusive and iconic entertainment to Central & Eastern European homes for the first time. The launches follow SkyShowtime’s arrival into Denmark, Finland, Norway, and Sweden, in September, and the Netherlands and Portugal in […]
Europe’s film revenue rose 21.6 per cent year over year to $2.82 billion (€2.72bn) between January and October, according to figures from OpusData compiled by S&P Global Market Intelligence. There were 203 films released in the region in October, down 10.2 per cent from 226 titles that hit cinemas in October 2021. Further highlights from […]
The Cineworld Group is reportedly preparing to file for bankruptcy after failing to significantly pull audiences back in following the pandemic. Cineworld is expected to file a chapter 11 petition in the US and is considering insolvency proceedings in the UK, according to the WSJ. It is the second largest cinema chain in the world, […]
IMAX’s May 2022 global box office was higher than that of pre-Covid levels, and its future performance should be supported by a good slate of movies for the second half of 2022 and 2023, says the company. IMAX also announced that it had also struck an agreement with the UK’s Odeon Cinemas Group (owned by […]
Summer is fast approaching, and that means a bevy of new big-budget movies are set to come out. But after back-to-back down years for summer movies due to Covid-19, which flicks have fans most excited to hit the cinema this year? Luckily, Whip Media took a closer look at that question with a new survey, […]