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Established in 2005, Wanda Cinema Line Corporation Limited is a subsidiary of Wanda Group. As of July 31, 2016, Wanda Cinemas was operating 330 theatres in over 110 cities in China as well as major cities in Australia and New Zealand, with 2,878 total screens. Wanda Cinemas accounted for approximately 14% of China’s market share in terms of box office revenue, ranking no. 1 in the China market for seven consecutive years. In 2015, Wanda Cinemas grossed 6.3 billion yuan in box office revenue.
With “prioritizing audience value and their moviegoing experience” as its business philosophy over the years, Wanda Cinema Line strives to provide high-standard design and construction, high-class exhibition technologies, and high-quality standardized services, offering the cinema environment of choice for more than 60 million Wanda fan club members. In 2015, Wanda Cinema Line officially announced its “membership+” strategy, aiming at building a world-leading cinema lifestyle ecosystem, marking its transformation from a cinema chain to a technology, platform, and ecosystem-based company.
Recent Wanda Cinema Line News
Aug 17, 2016
Wanda Cinema Line Selects Dolby Digital Cinema Servers for Cinemas in China
Dolby Laboratories, Inc. (NYSE: DLB) and Wanda Cinema Line Corporation announced today that Wanda is committed to purchasing 1,500 Dolby<sup>®</sup> digital cinema server units for its cinema screens in China through 2018, including the Dolby ShowVault/IMB and the Dolby Integrated Media Server IMS2000.
Aug 1, 2016
RealD Signs Largest Ever 3D Installation Agreement With Wanda Cinema As Companies Significantly Expand 3D Across China
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