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Boxoffice - February 2017

The Official Magazine of the National Association of Theatre Owners

The Official Magazine of the National Association of Theatre Owners

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THE GIANTS<br />

OF EXHIBITION<br />

S I G N A T U R E S P O N S O R<br />

Paul Yanover<br />

SVP of Affiliate Partnerships<br />

National CineMedia (NCM)<br />

n Congratulations to the Giants of Exhibition, our valued<br />

partners who are doing incredible things to enhance the moviegoing<br />

experience and drive more consumers to theaters.<br />

There has been so much innovation across the industry,<br />

from the movie-ticket purchasing experience on mobile devices<br />

and social platforms to exhibitors creating new in-theater<br />

experiences like reserved seating and dine-in options, to name<br />

a few. It has been exciting working together to introduce new<br />

ways to incentivize fans to purchase tickets in advance. We<br />

look forward to continuing to support you with the very best<br />

movie discovery, planning, and ticket-buying innovations to<br />

super-serve your guests.<br />

At Fandango, we are constantly looking for new ways to<br />

help consumers discover movies and buy tickets. Our recent<br />

social ticketing innovations for Apple’s messaging platform on<br />

iOS 10, Facebook, and Snapchat enable friends and families<br />

to easily plan a night out at the movies and purchase tickets<br />

without leaving their mobile chat or social media conversations.<br />

These experiences fit organically into the way movie fans<br />

are already communicating and making plans with friends or<br />

significant others. Thanks to additional technology partners<br />

like Amazon, Google, Samsung, Microsoft, and many others,<br />

we are building tools for movie discovery and ticket buying<br />

across every platform to help you fill more seats.<br />

It is a thrill for us to work closely with such an amazing<br />

group of exhibitors. Many thanks are due to all of you for your<br />

passion, teamwork, and incredible devotion to making moviegoing<br />

such a fantastic, unbeatable, and memorable experience.<br />

entertainment market through its Cineplex Store, a digital<br />

platform available across multiple platforms that enables athome<br />

and mobile VOD viewing. This allows Cineplex to take<br />

full advantage of SuperTicket offerings, which enable viewers<br />

to purchase a movie ticket and pre-order a digital download<br />

in the same transaction. The service is linked to its Cineplex<br />

Scene loyalty program, currently represented in a third of<br />

Canadian households—making it one of the top five loyalty<br />

programs in Canada. Cineplex has also focused investment<br />

on gaming, not necessarily confining those activities to lobby<br />

arcades. World Gaming, Cineplex’s foray into the e-sports<br />

market, works in conjunction with the concept, with Cineplex<br />

hosting a series of events across its circuit.<br />

Premium experiences accounted for 46.5 percent of<br />

Cineplex’s box office revenue from July to September 2016.<br />

Its Ultra AVX concept is available in 85 auditoriums and<br />

is responsible for 14.6 percent of the circuit’s box office.<br />

Ultra AVX combines wall-to-wall screens, Dolby ATMOS<br />

immersive sound, reserved seating, and rocker seats.<br />

Cineplex is also active with VIP cinemas, having 17 open<br />

sites as of October, with another pair of locations scheduled<br />

to open in <strong>2017</strong>.<br />

5<br />

SCREENS<br />

SITES<br />

883 68<br />

MARCUS THEATERS<br />

Milwaukee, Wisc.<br />

n Marcus made a big splash before the end of the year<br />

by announcing the acquisition of 14 Wehrenberg Theatres<br />

locations, lifting its presence to over 800 screens across a<br />

total of 68 locations. Even without the additional screens,<br />

Marcus was reporting steady growth across its existing<br />

circuit. The chain averaged 12.7 screens per location in seven<br />

midwestern states. An $165 million investment over the last<br />

three years was dedicated to enhancements like recliner<br />

seating, large-format screens, and expanded concessions<br />

offerings. That three-year period has resulted in 21 locations<br />

featuring recliner seating, 51 large-format auditoriums, and<br />

more than 35 locations with expanded concessions. Recliner<br />

seating is now available at nearly half of its screens, and<br />

there are plans to continue deployments through <strong>2017</strong>.<br />

When it comes to food and beverage, we focus on Marcus<br />

Theatres’ winning strategy in this issue’s Concessions Stand<br />

section (page 36).<br />

The circuit has found continued success with initiatives<br />

it has introduced in recent years. Following its launch in<br />

March 2014, the Marcus Magical Movie Rewards loyalty<br />

program has been embraced by more than 1.6 million<br />

members who take advantage of its perks—including a free<br />

popcorn for its $5 Tuesday campaign. Marcus launched<br />

its $5 Tuesday value proposition at the tail-end of the<br />

economic recession, and the concept has proven to be a<br />

hit with audiences, essentially creating an extra weekend<br />

day of business without cannibalizing regular weekend<br />

sales. With the momentum of the Wehrenberg acquisition<br />

behind them, the 1,000-screen milestone is now within<br />

reach for Marcus Theatres.<br />

30 BoxOffice ® FEBRUARY <strong>2017</strong>

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