StageAcquired | Acquired
About Cinema City International
Cinema City International is one of the largest entertainment groups in Europe and in Israel. The cinema chain of Cinema City International is spanning 7 countries: Poland, Israel, Hungary, Czech Republic, Bulgaria, Romania and Slovakia. The Company is operating 99 multiplexes with 966 screens and 188 548 seats. In 10 multiplexes the Company also runs the 3D Imax theatres. In July 2012 the Company launched its first cinema 4DX in Europe and the Middle East.In certain selected locations, like Cinema Parks and Hokus Pokuses in Poland, the Company operates education and entertainment centres. The Company also runs film distribution and maintains a small-scale cinema-related real estate presence.
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Latest Cinema City International News
Sep 8, 2022
Author of the article: Article content Britain’s Cineworld filed for bankruptcy protection in the United States, as the world’s second-largest cinema chain operator struggles to rein in its massive debt. We apologize, but this video has failed to load. Try refreshing your browser, or From chasing deals to turning off screens: Cineworld files for U.S. bankruptcy Back to video The Chapter 11 filing involves Cineworld’s U.S., UK and Jersey operations, covering the bulk of its business. Financial Post Top Stories Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. Email Address Sign Up By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300 Thanks for signing up! A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Financial Post Top Stories will soon be in your inbox. We encountered an issue signing you up. Please try again Article content Here is a timeline of the company, which operates under the Cinema City, Picturehouse, Regal and Yes Planet brands, and its past and present struggles. 1995 Cineworld founded by Steve Wiener after he left his job as managing director of Warner Bros Europe July 1996 Advertisement 2 Article content January 2014 Cineworld becomes second largest cinema chain in Europe after it buys Poland-based Cinema City International’s movie theater business for 272 million pounds in cash. Cinema City holds 24.9% of Cineworld shares December 2017 Cineworld agrees to buy larger U.S. peer Regal Entertainment for $3.6 billion in cash, creating world’s second largest movie theater operator 2018 Acquisition of Regal completed December 2019 Cineworld announces plans to buy Canada’s Cineplex for $1.65 billion in cash, valuing Cineplex at $2.1 billion including debt. Deal involves Cineworld seeking $2.3 billion in loans March 2020 Cineworld’s then largest shareholder Global City Theatres sells almost a third of its stake on worries over prospects during the COVID-19 pandemic April 2020 Advertisement 4
Cinema City International Frequently Asked Questions (FAQ)
Where is Cinema City International's headquarters?
Cinema City International's headquarters is located at Weena 210-212, Rotterdam.
What is Cinema City International's latest funding round?
Cinema City International's latest funding round is Acquired.
Who are the investors of Cinema City International?
Investors of Cinema City International include Cineworld.
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