Category: Cinema

Odeon & UCI group plans new cinemas across Europe

| Odeon and UCI Cinemas group plans to add 20 state-of-the-art cinemas across Europe over the next four years, including eight in the UK | The group revealed the expansion plans at the same time as its underlying earnings, which had risen 22% to £30.7 million in the first quarter of 2016 – its best performance for six years, thanks to box office hits such…

Mexican and Belgian chains bid for Odeon Cinemas

| Private-equity tycoon Guy Hands has attracted interest from Mexico’s Cinepolis and Belgium’s Kinepolis in the £1bn auction for the UK’s biggest cinema chain | According to City sources, the rivals have made it through to a second round of bidding for Britain’s biggest cinema group. Odeon’s competitor Vue, Chinese cinema owner Dalian Wanda, and the Korean chain CGV,…