| Date | |
|---|---|
| Author | Zoe Aresti |
Blockbusters such as Avengers: Age of Ultron and Fifty Shades of Grey have helped Cineworld record a boost in revenues so far this year, with the cinema chain revealing total group revenue rose 26.8 per cent n the 19 weeks to 14 May.
Cineworld opened two new Cineworld screens in the UK, bringing its total to 17, and one new Picturehouse - its "art house" business specialising in foreign and independent films - driving a7.9 per cent rise in the UK box office.
With a strong list of upcoming summer blockbusters, including Jurassic World, San Andreas, Minions, Star Wars: Episode VII, the next Bond film, Spectre, and the final instalment of the Hunger Games films – Mockingjay Part 2, hopes for the rest of the year are high.
Cineworld said: “There is a promising film release programme for the remainder of the first half which includes San Andreas, Jurassic World and Minions. The second half of 2015 is encouraging with titles such as Star Wars: Episode VII, the final Hunger Games title Hunger Games: Mockingjay Part 2 and the next Bond film Spectre. With our plans for continued expansion across the group, the board remains confident of delivering a performance for the year as a whole in line with current market expectations.”
This article first appeared on City A.M.