News





Vue Entertainment to acquire Poland's Multikino circuit

May 14, 2013

U.K.-based Vue Entertainment is acquiring Multikino S.A., a leading Polish multiplex operator.

Multikino opened the first multiplex cinema in Poland in Poznan in 1998 and is today the second-largest multiplex cinema operator in Poland. Multikino operates a circuit of 28 cinemas with 231 screens across 22 Polish cities and two cinemas with 15 screens in the Baltics. The entire Multikino circuit was fully digitized in 2011.

Vue Entertainment operates 116 cinemas and 1,075 screens across the U.K., Ireland, Germany, Denmark, Portugal and Taiwan. The transaction will complete once the approval of the Polish Office for Competition and Consumer Protection is obtained.

Tim Richards, CEO of Vue Entertainment, commented, “The acquisition of Multikino is another exciting and strategic addition to the Vue Entertainment Group and part of our continued expansion into continental Europe through the identification and acquisition of the highest-quality assets in each market. Multikino is the most highly respected cinema exhibition company in Poland. With its state-of-the-art multiplex cinemas with 100% stadium seating and strong management team, Multikino perfectly complements our existing business in Europe. We look forward to welcoming Multikino to the Vue family later this year and we hope to continue to build on the solid foundations that [parent company] ITI has laid.”


Vue Entertainment to acquire Poland's Multikino circuit

May 14, 2013

U.K.-based Vue Entertainment is acquiring Multikino S.A., a leading Polish multiplex operator.

Multikino opened the first multiplex cinema in Poland in Poznan in 1998 and is today the second-largest multiplex cinema operator in Poland. Multikino operates a circuit of 28 cinemas with 231 screens across 22 Polish cities and two cinemas with 15 screens in the Baltics. The entire Multikino circuit was fully digitized in 2011.

Vue Entertainment operates 116 cinemas and 1,075 screens across the U.K., Ireland, Germany, Denmark, Portugal and Taiwan. The transaction will complete once the approval of the Polish Office for Competition and Consumer Protection is obtained.

Tim Richards, CEO of Vue Entertainment, commented, “The acquisition of Multikino is another exciting and strategic addition to the Vue Entertainment Group and part of our continued expansion into continental Europe through the identification and acquisition of the highest-quality assets in each market. Multikino is the most highly respected cinema exhibition company in Poland. With its state-of-the-art multiplex cinemas with 100% stadium seating and strong management team, Multikino perfectly complements our existing business in Europe. We look forward to welcoming Multikino to the Vue family later this year and we hope to continue to build on the solid foundations that [parent company] ITI has laid.”

More Cinemas

CJ 4DX receives 'Cinema Innovation of the Year' award

CJ 4DPLEX’s 4DX received the "Cinema Innovation of the Year” award from the International 3D and Advanced Imaging Society More »

CineAsia to honor Major Cineplex's Vicha Poolvarluk

Vicha Poolvarluk, chairman of Major Cineplex Group, will receive the 2014 “Exhibitor of the Year” Award at CineAsia More »

Event cinema nominations are announced

The Event Cinema Association announced the nominations for its second annual ECA Awards More »

Australian International Movie Convention announces diverse program

The 69th Australian International Movie Convention will be held Oct. 12-16 at Jupiters Hotel & Casino More »

ADVERTISEMENT



REVIEWS

The Equalizer Review
Film Review: The Equalizer

Former agent is drawn out of hiding to fight a Russian gang in a reboot of the 1980s television series. More »

The Boxtrolls
Film Review: The Boxtrolls

Another amazingly meticulous and stylish stop-motion tale from the Laika studio, this time focusing on a boy adopted by a population of maligned underground trolls. More »

Player for the Film Journal International website.


ADVERTISEMENT



INDUSTRY GUIDES

» Blue Sheets
FJI's guide to upcoming movie releases, including films in production and development. Check back weekly for the latest additions.

» Distribution Guide
» Equipment Guide
» Exhibition Guide

ORDER A PRINT SUBSCRIPTION

Film Journal International

Subscribe to the monthly print edition of Film Journal International and get the full visual impact of this valuable resource for the cinema business.

» Click Here

SPONSORSHIP OPPORTUNITIES

Learn how to promote your company at the Film Expo Group events: ShowEast, CineEurope, and CineAsia.

» Click Here