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Cineworld Group plc
Company typePublic company
LSE: CINE
IndustryLeisure, Entertainment & Refreshments
Founded1995
HeadquartersLondon, United Kingdom
Key people
Anthony Bloom
(chairman)
Moshe "Mooky" Greidinger
(Chief Executive)
RevenueIncrease £797.8 million (2016)[1]
Increase £112.8 million (2016)[1]
Increase £82.0 million (2016)[1]
SubsidiariesCineworld Cinemas
Cinema City International
Picturehouse Cinemas
Digital Cinema Media (50%)
Websitecineworld.co.uk

Cineworld Group plc is the second largest cinema operator in Europe with 2,049 screens[2] across 221 sites[3] in 9 countries.[4] The UK operations consist of arthouse chain Picturehouse Cinemas and multiplex chain Cineworld Cinemas with 24 and 82 cinemas respectively. All but two Cineworld sites are located in the UK, with one each in Ireland and Jersey. Cineworld is the second-largest cinema operator in the UK with over 800 screens, and the owner of the single largest multiplex by screens and customer base in Ireland.[5] Cineworld Glasgow Renfrew Street is the tallest cinema in the world and the busiest, by customer base, in the UK.[6] The Cineworld site with the greatest number of screens is that located at Valley Centertainment in Sheffield, which has 20.[7] It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History

Cineworld in Glasgow, Scotland. The world's tallest cinema
Cineworld in Middlesbrough, England
Cineworld on Fulham Road in the Royal Borough of Kensington and Chelsea

The company was established by Steve Wiener, an American, with the support of private equity funds in 1995.[8] He opened the first Cineworld in Stevenage, Hertfordshire in July 1996;[9] the second, in a purpose-built location in Wakefield, Yorkshire, followed in December 1996,[10] with Shrewsbury, Shropshire, following in December 1998.[11] After opening more sites over the next few years, Cineworld also took over the UK and Ireland operations of French cinema company UGC in 2005.[12]

The Blackstone Group, which had invested in Cineworld when it was privately owned, sold its entire remaining 20% shareholding in November 2010.[13] In August 2013, The Guardian revealed that Cineworld employs 80% of its 4,300 staff on zero hour contracts.[14] In October 2013, the Chester location was closed due to the landowner wanting to develop the land into a supermarket.[15]

In 2014 Cineworld's Picturehouse chain was subject to industrial action owing to its refusal to pay the London Living Wage to its staff. The workforce attracted the support of Eric Cantona.[16] On 27 February 2014 Cineworld completed the takeover of Cinema City International N.V..[17] In what can be seen to be a partial reverse takeover, the Greidinger family (who owned a controlling 54% stake in Cinema City International) hold a controlling bloc as the largest shareholders in the enlarged company.[18]

Cinemas

Sites are gradually being upgraded such that they have IMAX screens and D-Box technology. The Milton Keynes cinema has acquired both a "Superscreen" and a 4DX screen. Cineworld intends to roll out further "Superscreen" and 4DX screens to other sites in the future.[19]

Cineworld has begun a trial of a premium cinema brand, The Screening Rooms. Located next to the Cheltenham cinema, The Screening Rooms offers considerably larger, leather seating, premium food, and 'table' service.[20][21]

Cineworld was the only cinema chain in the United Kingdom to operate a 'strict no food and drink policy'[22] on items that have been bought elsewhere,[21] but in November 2012 the food policy was changed and now states that "neither alcohol nor hot food may be brought onto the premises".[23]

In early 2014 Cineworld introduced an allocated seating system, starting as a trial in selected sites including Wembley and rolling out to all their cinemas by the summer.[24] The move was controversial and a Twitter campaign was created against this policy.[25] Cineworld have responded to the criticism stating that it gives customers peace of mind along with other benefits.[26]

Current locations in the UK and Ireland

Site Screens (#) Origin Notes
Aberdeen – Queens Links 9 UGC
Aberdeen – Union Square 10 Cineworld
Aldershot 7 Cineworld D-Box
Ashford 12 Cineworld
Ashton-under-Lyne 14 Cineworld IMAX
Basildon 18 Empire 6 studio screens, 1 IMPACT screen, 1 IMAX screen, 1 4DX screen.

Purchased from Empire Cinemas in July 2016, started operation under Cineworld August 12, 2016.[27]

Bedford 6 UGC
Birmingham – Broad Street 12 UGC IMAX, 4DX
Birmingham – NEC 11 Cineworld IMAX, Starbucks Coffee, Baskin Robbins
Boldon Tyne and Wear 11 UGC Starbucks Coffee
Bolton 15 UGC Starbucks Coffee
Bradford 16 Cineworld Baskin Robbins, Pix'n'Mix
Braintree 12 Cineworld Pix'n'Mix, Starbucks Coffee
Brighton 8 UGC
Bristol 12 Cineworld
Bromley 4 Empire Purchased from Empire Cinemas in July 2016, started operation under Cineworld August 12, 2016.
Broughton 11 Cineworld IMAX , Starbucks Coffee
Burton upon Trent 9 Cineworld
Bury St Edmunds 8 Cineworld
Cardiff 15 UGC 4DX, Superscreen, Baskin Robbins
Castleford 14 Cineworld D-Box, IMAX
Cheltenham 11 Cineworld IMAX, The Screening Rooms
Chesterfield 10 Cineworld
Chichester 10 Cineworld IMAX
Crawley 15 UGC D-Box, IMAX, Starbucks Coffee, Superscreen and 4DX
Didcot 5 Cineworld
Didsbury 11 UGC D-Box
Dublin 17 UGC IMAX, Baskin Robbins
Dundee 9 UGC Baskin Robbins
Eastbourne 6 UGC To close and move to a new site in Eastbourne town centre 2018/19
Edinburgh 13 UGC IMAX, Starbucks Coffee
Ely, Cambridgeshire 6 Cineworld Opened May 2017
Falkirk 12 Cineworld Starbucks Coffee
Glasgow – IMAX at GSC 1 Cineworld IMAX, Starbucks Coffee
Glasgow – Parkhead 7 UGC
Glasgow – Renfrew Street 18 UGC Baskin Robbins, 4DX, ViP, Superscreen, Starbucks Coffee
Glasgow – Silverburn Centre 14 Cineworld Superscreen, Starbucks Coffee, Baskin Robbins – Opened 26 June 2015
Gloucester 10 Cineworld
Harlow - Queensgate 6 UGC
Harlow – Harvey Centre 6 Cineworld Opened 9 December 2016.
Haverhill 5 Cineworld
Hemel Hempstead 17 Empire IMAX, 2 Superscreen (one rebranded from IMPACT Blue), Baskin Robbins, (Starbucks Coffee under construction)

Purchased from Empire Cinemas in July 2016, started operation under Cineworld August 12, 2016.

High Wycombe 12 Cineworld
Hinckley 5 Cineworld Baskin Robbins
Hull 9 UGC
Huntingdon 10 Cineworld
Ipswich 12[28] UGC IMAX, 4DX, Starbucks Coffee
Isle of Wight 11 Cineworld
Jersey 10 Cineworld
Leigh 7 Cineworld
Llandudno 9 Cineworld
London – Bexleyheath 9 Cineworld
London – Enfield 15 UGC IMAX, Starbucks Coffee, Baskin Robbins, 4DX to open November 2017
London – Feltham 14 Cineworld Baskin Robbins, Pick & Mix, [D-Box]
London – Fulham Road 6 UGC
London – Ilford 11 Cineworld
London – Leicester Square 9 Empire Purchased from Empire Cinemas in July 2016, started operation under Cineworld August 12, 2016.
London – South Ruislip 11 Cineworld
London – The O2, Greenwich 11 Vue D-Box, Sky Superscreen
London – Wandsworth 14 Cineworld Baskins-Robbins opened in July 2015 (replacing Ben & Jerry's). 4DX and Superscreen introduced December 2016.
London – Wembley 9 Cineworld D-Box, Starbucks Coffee
London – West India Quay 10 UGC
London – Wood Green 12 Cineworld
Loughborough 8 Cineworld Starbucks Coffee
Luton 11 Cineworld
Middlesbrough 11 UGC D-Box
Milton Keynes 16 Cineworld 4DX, Starbucks Coffee, Superscreen
Murton - Dalton Park 7 Cineworld Baskin Robbins, Pix'n'Mix
Newcastle-upon-Tyne 16 Empire Purchased from Empire Cinemas in June 2017[29]
Newport – Friars Walk 8 Cineworld Baskin Robbins
Newport – Spytty Park 13 UGC Starbucks Coffee
Northampton 9 UGC Starbucks Coffee, Baskin Robbins
Nottingham 14 WarnerVillage IMAX
Poole 14 Empire Purchased from Empire Cinemas in July 2016, started operation under Cineworld August 12, 2016.
Rugby 9 Cineworld
Runcorn 9 Cineworld
Sheffield 20 UGC IMAX, Starbucks Coffee, 4DX, Baskin Robbins, VIP.
Shrewsbury 8 Cineworld
Solihull 9 Cineworld
Southampton 5 UGC
St Helens 11 Cineworld
Stoke-on-Trent 9 Cineworld Baskin Robbins, Pick and Mix
St Neots 6 Cineworld
Stevenage 16 Cineworld Baskin Robbins, Pick and Mix, Starbucks Coffee, IMAX and 4DX
Stockport 10 UGC Closing 16th November 2017[30]
Strood / Rochester 9 UGC
Swindon – Shaw Ridge 7 UGC
Swindon – Regent Circus 6 Cineworld
Telford 11 Cineworld IMAX, D-Box, Starbucks Coffee
Wakefield 9 Cineworld
Weymouth 9 Cineworld
Whiteley 9 Cineworld Baskin Robbins
Witney 5 Cineworld
Wolverhampton 14 Cineworld
Yate 6 Cineworld
Yeovil 10 Cineworld Baskin Robbins

Planned locations

Site Screens (#) Notes
Dover 6 screens Opening Late Winter 2017, as part of The St James Development in Dover, Kent.[31]
Barnsley 13 inc. IMAX Opening as part of The Glassworks. Opening 2020 [32]
Bracknell 12 inc. 4DX Opening September 2017, as part of The Lexicon.[33]
Colchester 12 inc. IMAX IMAX and 4DX. Part of Northern Gateway leisure park. Opening 2018
Keighley 8 As part of Worth Valley Shopping Centre. Opening date unknown
Leeds – White Rose Centre 11 inc. IMAX Opening 2017
Macclesfield 9 Opening date unknown
Plymouth 12 inc. IMAX Opening mid-2018
Rushden 15 Part of the Rushden Lakes development. Opening 2018/19.
Speke - New Mersey Retail Park 11 Opening Summer 2018. Part of Retail Park expansion plans
Trowbridge 8 Planned opening of 2016 however work appears to have stopped and the land is back on the market.[34]
Watford 9 inc. IMAX Opening September 2018 as part of Charter Place redevelopment.
Eastbourne 9 Eastbourne Arndale Centre redevelopment Opening late 2018 early 2019
Weston-super-Mare 8 Part of Dolphin Square Leisure Complex, opening late 2017
York 13 Planned for 2019, built alongside York Community Stadium[35]
Wrocław 20 inc. IMAX Opening late 2017 (Cinema City)[36]

Membership schemes

Cineworld offers a subscription service using a membership card – the "Unlimited Card" – which provides subscribers with unlimited entrance for a set price per month, and currently 10% off all food and drink.[37]

See also

References

  1. ^ a b c "Annual Results for year ended 31 December 2016" (PDF). Cineworld. Retrieved 16 April 2017.
  2. ^ Cineworld 2000 Screens Milestone
  3. ^ "Cineworld Group plc". cineworldplc.com. Retrieved 17 December 2016.
  4. ^ Cinemas – Global City Holdings
  5. ^ Cineworld PLC | The Market
  6. ^ "Cineworld Group plc – Company overview". cineworldplc.com. Retrieved 26 March 2015.
  7. ^ "Cineworld Group plc – About us". cineworldplc.com. Retrieved 26 March 2015.
  8. ^ "Cineworld founder Steve Wiener leaves to 'enjoy fruits' of cinema operator's success". 20 November 2013. Retrieved 16 April 2017.
  9. ^ "Cineworld Cinema - Stevenage". Cinema Treasures. Retrieved 16 April 2017.
  10. ^ "Cineworld Cinema - Wakefield". Cinema Treasures. Retrieved 16 April 2017.
  11. ^ "Cineworld Cinema - Shrewsbury". Cinema Treasures. Retrieved 16 April 2017.
  12. ^ "Cineworld clear to buy exhib UGC". Variety. 28 October 2005. Retrieved 16 April 2017.
  13. ^ "Blackstone closes the curtains on its interests in Cineworld". The Times. Retrieved 16 April 2017.
  14. ^ Simon Neville. "Curzon and Everyman cinema staff on zero-hours contracts | Film". The Guardian. Retrieved 25 June 2014.
  15. ^ "Chester's only remaining cinema to close next month". Chester Chronicle. 22 September 2013. Retrieved 16 April 2017.
  16. ^ Spanier, Gideon. "Backers pile pay pressure on Cineworld over Brixton Ritzy row". London Evening Standard. Retrieved 24 June 2014.
  17. ^ "UK group to merge with Cinema City International". Polskie Radio. Polskie Radio. 10 January 2014. Retrieved 10 January 2014. Under the terms of the deal, Cineworld will purchase about 100 multiplexes from CCI for 503 million pounds. However, CCI will maintain a 24.9 percent stake in the combined business.
  18. ^ "Israel's Mooky Greidinger Agrees To Sell Cinema City Chain of Movie Theatres To UK Based Cineworld For $923 Million in Cash And Stock". Jewish Business News. Retrieved 26 March 2015.
  19. ^ "Cineworld launches the UK's first 4DX cinema this weekend: Here's what to expect". City AM. 30 January 2015. Retrieved 16 April 2017.
  20. ^ "Sneak peek at Cheltenham cinema's luxury Screening Rooms". This is Gloucestershire.
  21. ^ a b Sethi, Anita (20 February 2008). "My mission to beat the great cinema food rip-off". The Guardian. Retrieved 11 December 2016.
  22. ^ "Cineworld Cinemas – FAQ". Retrieved 9 July 2011. Can I bring in my own food and drink? – Cineworld have a strict no food and drink policy.
  23. ^ "Cineworld Cinemas – FAQ". Retrieved 1 December 2012. 2.2 Alcohol and Food Policy: Neither alcohol nor hot food may be brought onto the premises. Only hot food bought on the premises may be consumed on the premises. Alcohol may only be purchased and consumed in Cineworld licensed bar areas or in licensed screens and licensing laws will be strictly enforced.
  24. ^ "Allocated seating is now available at your local Cineworld". Cineworld. Retrieved 26 March 2015.
  25. ^ "Allocated Seats Cine". twitter.com. Retrieved 26 March 2015.
  26. ^ "Allocated seating coming soon to Cineworld". Cineworld. Retrieved 26 March 2015.
  27. ^ "IT'S A WRAP". empirecinemas.co.uk. Retrieved 11 August 2016.
  28. ^ Geater, Paul. "Cineworld in Ipswich's Cardinal Park to unveil new screen on Friday following makeover". Ipswich Star. Retrieved 30 August 2017.
  29. ^ Hodgson, Barbara (14 June 2017). "Empire Newcastle is taken over by Cineworld cinema". nechronicle. Retrieved 19 June 2017.
  30. ^ "Cinema Listings For Stockport". www.cineworld.co.uk. Retrieved 16 October 2017.
  31. ^ http://www.stjamesdover.co.uk/
  32. ^ https://www.barnsley.gov.uk/news/gbp70-million-investment-announced-as-the-glass-works-is-unveiled/
  33. ^ http://www.thelexiconbracknell.com/
  34. ^ "Concerns for future of Innox Riverside development as site goes up for sale". The Wiltshire Times. 12 June 2015.
  35. ^ "STADIUM LATEST - Work will start this autumn, £2.6 million wiped off cost". York Press. Retrieved 19 July 2017.
  36. ^ "Cinema CIty Wroclavia". wroclavia.pl (in Polish). Retrieved 23 September 2017.
  37. ^ "Cineworld Cinemas: Unlimited Card Discounts".
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