News





UltraStar Theatres to build 40 digital theatres in China

Aug 19, 2013

-By Patrick Brzeski


Southern California exhibitor UltraStar Cinemas has formed a joint venture with China’s Letian Entertainment to build more than 40 cinemas in China.

The two companies plan to complete three cinemas by the end of 2013, and 40 more by the end of 2016. Letian is a subsidiary of China’s second-largest broadcast network, Hunan Broadcasting System. The new cinemas will be built in the Changsha area of Hunan province, where the company is based. The multiplexes will have 10 screens each, all with 3D and digital projection.

“With the growing urbanization trend, the Chinese population continues to move from rural areas to densely populated cities,” John Ellison, president of UltraStar Cinemas, said in a statement. “This presents a long-term opportunity to grow the movie industry in China as a whole and implement cinema technologies and concepts that have been successful here in the United States.”

The deal is the latest in a flurry of partnerships and buyouts between Chinese and North American film exhibitors. In July, giant screen exhibitor IMAX announced a deal with Wanda Cinema Line Corp. to build 120 new theatres in China—the agreement made Wanda IMAX’s largest international exhibition partner. In 2012, Wanda’s Cinema’s parent company, real estate conglomerate Dalian Wanda Group, bought out AMC Theatres, North America’s second largest cinema chain, in a flagship deal. And in May, California-based 3D cinema licensor RealD signed an agreement with Chinese theatre chain Zhejiang Xingguang Cinema Circuit to equip 50 of its movie theatres across the country with RealD 3D technology.

China is in the midst of a historic boom in cinema building. By most estimates, the country currently has about 13,000 movie screens in total, and is adding 12 new screens each day. The United States has about 39,600 screens. At its current rate of construction, China will surpass the U.S. total within five years.
—The Hollywood Reporter


UltraStar Theatres to build 40 digital theatres in China

Aug 19, 2013

-By Patrick Brzeski


Southern California exhibitor UltraStar Cinemas has formed a joint venture with China’s Letian Entertainment to build more than 40 cinemas in China.

The two companies plan to complete three cinemas by the end of 2013, and 40 more by the end of 2016. Letian is a subsidiary of China’s second-largest broadcast network, Hunan Broadcasting System. The new cinemas will be built in the Changsha area of Hunan province, where the company is based. The multiplexes will have 10 screens each, all with 3D and digital projection.

“With the growing urbanization trend, the Chinese population continues to move from rural areas to densely populated cities,” John Ellison, president of UltraStar Cinemas, said in a statement. “This presents a long-term opportunity to grow the movie industry in China as a whole and implement cinema technologies and concepts that have been successful here in the United States.”

The deal is the latest in a flurry of partnerships and buyouts between Chinese and North American film exhibitors. In July, giant screen exhibitor IMAX announced a deal with Wanda Cinema Line Corp. to build 120 new theatres in China—the agreement made Wanda IMAX’s largest international exhibition partner. In 2012, Wanda’s Cinema’s parent company, real estate conglomerate Dalian Wanda Group, bought out AMC Theatres, North America’s second largest cinema chain, in a flagship deal. And in May, California-based 3D cinema licensor RealD signed an agreement with Chinese theatre chain Zhejiang Xingguang Cinema Circuit to equip 50 of its movie theatres across the country with RealD 3D technology.

China is in the midst of a historic boom in cinema building. By most estimates, the country currently has about 13,000 movie screens in total, and is adding 12 new screens each day. The United States has about 39,600 screens. At its current rate of construction, China will surpass the U.S. total within five years.
—The Hollywood Reporter

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

Fury Review
Film Review: Fury

American tanks fight superior German forces in the closing days of World War II. More »

Birdman
Film Review: Birdman (or the Unexpected Virtue of Ignorance)

Virtuosic camerawork and a stellar ensemble of actors more than make up for the occasional moment of portentous twaddle in Alejandro G. Iñárritu's latest—and maybe his best—film. 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