19.10.2018 Views

Boxoffice - October 2018

The Official Magazine of the National Association of Theatre Owners

The Official Magazine of the National Association of Theatre Owners

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

SHOWEAST <strong>2018</strong><br />

CINÉPOLIS LUXURY CINEMAS WESTLAKE VILLAGE<br />

THOUSAND OAKS, CA<br />

Cinépolis has been in the U.S. market for<br />

several years already. How would you<br />

describe the company’s experience in<br />

the market?<br />

The U.S. market is one of the most<br />

challenging in the world. We knew how<br />

competitive it would be since we entered<br />

the market in 2011, and how important<br />

it would be to have a clear differentiation<br />

from other players. Our first theaters in<br />

California were quite successful with our<br />

Luxury brand, targeting high-income<br />

pockets of the population. Over the years,<br />

we have expanded not only geographically<br />

but also to other theater models in order to<br />

accommodate our offering to the relevant<br />

market. Even though this has been a great<br />

year in terms of box office and attendance,<br />

there are still challenges ahead, like the<br />

need to excel at customer satisfaction, continue<br />

to innovate around the experience of<br />

going to the movies, seek more productive<br />

ways of collaboration with distributors,<br />

and continue to look for relevant content<br />

that appeals to niche audiences.<br />

Cinépolis was recently granted one<br />

of the coveted licenses to operate a cinema<br />

in Saudi Arabia. What are your plans<br />

for the market, both in the next year and<br />

in the long term?<br />

We started exploring the Middle<br />

East market a couple of years back as an<br />

extension of our operation in India. We<br />

actually decided to enter the region before<br />

the ban on cinemas was lifted in Saudi<br />

Arabia, though we were hoping it would<br />

open soon as it was an important part of<br />

our strategy for the region. We set up an<br />

office in Dubai in early 2017 and started<br />

signing deals for the region. For instance,<br />

we will open our first cinema this December<br />

in Bahrain. By the end of 2019, we’ll<br />

have more than 50 screens operating in<br />

the UAE, Bahrain, and Oman. With our<br />

presence in the region, it was important<br />

for us to take the Saudi opportunity. Even<br />

before the reopening of cinemas became<br />

official in the Kingdom of Saudi Arabia,<br />

we started working with Al Tayer, our regional<br />

partner, and Al Hokair, our Saudi<br />

partner. Al Hokair has been able to secure<br />

a license to operate, and we worked hard<br />

in the setting up of the company and the<br />

team on the ground. We plan to open<br />

our first cinema there next year and hope<br />

to become an important player in the<br />

kingdom in the years to come.<br />

What are the challenges of<br />

programming for a global circuit like<br />

Cinépolis? Are there any specific regions<br />

that demand more attention to detail<br />

than others?<br />

Cinépolis has become an international<br />

circuit in a relatively short amount of<br />

time. Ten years ago, our only international<br />

presence was in Central America; now<br />

we are in more than 14 countries and we<br />

are entering the GCC market at the end<br />

of the year. It was only three years ago<br />

that my position as VP of global programming<br />

was created in order to look<br />

for efficiencies and opportunities. Some<br />

of the most interesting challenges of<br />

programming for a global circuit have to<br />

84 BOXOFFICE ® OCTOBER <strong>2018</strong>

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!