Wanda Cinemas

Wanda Cinema Line Corporation
Native name
万达电影院线股份有限公司
Public
Traded as SZSE: 002739
Industry Entertainment (cinemas)
Founded 2005 (2005)
Headquarters Beijing, China
Key people
Zhang Lin (Chairman)
Products Wanda Cinemas
Parent Dalian Wanda Group
Subsidiaries Hoyts
Website www.wandacinemas.com
Wanda Cinema Line Corp
Simplified Chinese 万达电影院线股份有限公司
Traditional Chinese 萬達電影院线股份有限公司
Beijing CBD Wanda Plaza, which houses the company headquarters and includes the Beijing CBD Wanda Cinemas (北京万达电影城CBD店)[1][2]
Wanda International Cinema in Yinzhou District, Ningbo

Wanda Cinemas (simplified Chinese: 万达院线; traditional Chinese: 萬達院線; pinyin: Wàndá Yuànxiàn) is a cinema operator in China, headquartered in the Wanda Plaza (万达广场) in Chaoyang District, Beijing.[3] It is a part of the Dalian Wanda Group. As of 2014 Wang Jianlin is the head of the company.[4]

Operations

As of 2014, the company had a total of 1,616 screens, including 94 IMAX screens, in 182 cinema complexes in almost 100 cities in China, making it the largest movie theater operator in Asia. As of December 2015, the number of screens has since risen to an estimated 2,000 screens.[5] In 2014 the company had 4.2 billion yuan ($681.7 million) in box office revenue, the highest grossing in China.[6] In 2014 the China Securities Regulatory Commission gave approval for the company's IPO.[4] In 2015 it was again the largest cinema chain by box office gross, with US$912 million, representing 13.5% of the market.[7]

Some locations are named Wanda International Cinemas (Chinese: 万达国际影城; pinyin: Wàndá Guójì Yǐngchéng).

Recent news

In June 2015, Wanda Cinemas announced that it had acquired Australian cinema chain Hoyts.[8]

References

  1. "商户分布" (Archive). Beijing CBD Wanda Plaza. Retrieved on January 6, 2015.
  2. "北京万达电影城CBD店." mtime.com. Retrieved on January 6, 2015. "朝阳区建国路93号万达广场三层"
  3. "联系我们." Wanda Cinemas. Retrieved on January 3, 2015. "公司地址:北京市朝阳区建国路93号 万达广场B座11层"
  4. 1 2 Agencies. "China mogul's cinema chain gets nod for mainland IPO." China Daily. December 1, 2014. Retrieved on January 4, 2015. Alternate link.
  5. Patrick Brzeski (December 17, 2015). "Box Office: 'Star Wars' Is An Unknown Force in China". The Hollywood Reporter. Retrieved December 17, 2015.
  6. "Company Profile". Official Website of Wanda Cinemas (in Chinese). Retrieved 6 June 2015.
  7. Papish, Jonathan (January 6, 2016). "Top 10 Chinese cinema chains by '15 box office revenue: #1 Wanda ($912M/13.5%), #2 China Film Stellar ($575M/8.5%)". Twitter. Retrieved January 6, 2016.
  8. Matthew Miller (2 June 2015). "China's Dalian Wanda buys Australian cinema chain Hoyts". Reuters. Retrieved 3 June 2015.

External links



This article is issued from Wikipedia - version of the Tuesday, January 26, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.