About Cineworld / Cinema City
Cineworld Group plc was founded in 1995 and is now one of the leading cinema groups in Europe. Originally a private company, it re-registered as a public company in May 2006 and listed on the London Stock Exchange in May 2007. Currently, Cineworld Group plc is the only quoted UK cinema business.
In December 2012, the Group acquired the Picturehouse chain of cinemas consisting of 21 cinemas, and in February 2014, the combination with Cinema City completed, creating the second largest cinema chain in Europe (by number of screens). The enlarged Group now has 218 sites and a total of more than 2,000 fully digital screens. Cineworld Group plc prides itself on outstanding picture quality and atmospheric surround sound; the soft, deep-down comfort of our modern seating; the crunch of its popcorn; and, most importantly, the friendliest customer service around. All its sites are digital, and it is one of the market leaders in 3D, a format which will become increasingly important.
In 2015, Cineworld accounted for 93 million admissions, had revenues of £705.8 million and an Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) before exceptional items of £155.3 million.
External Links and More Information
The Silver Screen Survives
Movie theaters are thriving in the recession--but the real money-spinner will be the switch to digital.