Entertainment Solution Services Ltd

Hollywood Is Getting Left Behind: "US. Film and TV work is languishing below 2021-22 levels in many of the states where #Hollywood has set up shop — such as New York, Georgia and Illinois. Production has recovered faster in places like Canada, Australia and England, leaving Americans to bemoan so-called runaway production or “offshoring.” On Wednesday, 33 businesses and associations in California announced a new coalition to lobby for enhancements to the state’s production tax credit program" https://lnkd.in/e7bdRwEM #leisurepropertyESS

Music Rights: “Global value of music copyright surpasses #cinema box office takings for first time ever. The overall intake from music publishing, copyright and royalties now outstrips cinema box office by 38 per cent” https://lnkd.in/eTTk7T8q #leisurepropertyESS

U.K. #cinema Market Challenges: “There was a feeling that we would get back to pre-pandemic levels relatively quickly [but] it became apparent it wasn't an instant recovery. The recovery has completely stalled and that is to do with the release calendar, which was impacted by the Hollywood strikes. We haven't had consistent releases of big tentpole films until we got to November," says Charles Gant the awards/box office editor at Screen International” https://lnkd.in/ewXSbicD #leisurepropertyESS

Food Hall with Boutique Cinema: "Vault Cinemas Burnley recently opened on Manchester Road, offering intimate public screenings and VIP movie experience packages. The #cinema, which is currently open for a soft launch, has three public screens, one seating 18 guests, the others eight and five" https://lnkd.in/eem9t5fj #leisurepropertyESS

2025 Outlook at Cinemark : "2025 has so many fantastic films across genres coming to the big screen, and we are excited to work closely with our studio partners to create engaging, unique campaigns highlighting both the films and the Cinemark experience. This includes lots of snackable video content to provide immersive storytelling across our marketing channels. It’s too early for me to share specifics, but we are already working on new merchandise programs, themed food and beverage campaigns, #Cinemark brand-specific outreach, and other activations to continue to highlight the content while elevating the overall moviegoing experience" Wanda Gierhart https://lnkd.in/eBDBSEJw #cinema #leisurepropertyESS

First Mover Advantage - Doncaster city centre #cinema unveils luxury recliners for moviegoers: “Exciting news! We [Savoy Cinemas Ltd ] heard your feedback and cranked up the comfort by adding even more luxury recliners to screens 4, 5, and 6” so “Get Lost for Less” at Vue UK&I or go Lux? https://lnkd.in/eZKvF5Q7 #leisurepropertyESS

Hollywood Bowl Group Plc on the Cost of Operation: “The Employers National Insurance cost for an average UK hourly paid team member working 20 hours per week, on national living wage, will increase from just under £400 per annum, to £1,155 per annum. We expect the cost impact to be c. £1.2m on an annualised basis from when the changes are implemented in April 2025"..."Ten pin bowling operator says changes will cost it £1.2 million a year and says smaller operators “could close” #leisurepropertyESS https://lnkd.in/ebm7cwtD

Middlesbrough: Landlords Legal & General Investment Management (LGIM) said the building would soon be occupied by ODEON Cinemas Group and significantly upgraded. In a statement, it said a refurbishment project would begin when Cineworld Cinemas Ltd’s tenure of the building ended in February” https://lnkd.in/e_AFRE5z #cinema #leisurepropertyESS

“It wasn’t good, but it could’ve been a lot worse…This year’s box office revenue could total $8.75 billion in the U.S. and Canada, according to estimates from data firm Comscore. That figure would put the box office about 3% lower than in 2023. More dispiriting for theaters, it’s down about 23% compared with 2019”

Cinemas in decline? Let us sing, dress up — and bring dogs: “it does seem counterintuitive — emotionally and financially — for cinemas to ignore the one advantage they have over home streaming: it is a communal event. You are in a room with lots of other people —excited people. Reactive people. People who love the idea of being in this room and watching this movie so much they’ve dressed up and are ready to sing their hearts out. With pubs, festivals and nightclubs closing, for many — particularly teenagers — the #cinema might be the only local place they can be in a crowd” https://lnkd.in/enPYHQms #leisurepropertyESS Engagement Theatrical.