Kinepolis sees admissions fall 2%

Spanish cinemagoing numbers down by 12%

BRUSSELS — European multiplex group Kinepolis has reported flat earnings from cinemagoers in the first half of this year.

Admissions fell 2.1% across its 22 cinemas in Belgium, France, Spain and Switzerland, with growing foyer sales required to register a scant 0.7% increase in coin.

Box office income totaled Euros 66.2 million ($83 million), down 0.9% on the same period last year. This includes virtual print fees that the 100% digital group receives from distributors.

Spain is taking the greatest hit, with admissions down 12% compared with the same period last year. Kinepolis blames the economic crisis and a lack of local films. It also complains that a proposed hike in VAT on ticket sales, from 8% to 21%, will damage B.O. revenue further.

Overall Kinepolis reported an $18.7 million profit, up 7% on last year, driven by business events and promos, real estate income and newly acquired screen advertising business Brightfish.

More Film

  • Get Hard

    Writer Claims 'Get Hard' Ripped Off His 'Prison 101' Idea

    BRUSSELS — European multiplex group Kinepolis has reported flat earnings from cinemagoers in the first half of this year. Admissions fell 2.1% across its 22 cinemas in Belgium, France, Spain and Switzerland, with growing foyer sales required to register a scant 0.7% increase in coin. Box office income totaled Euros 66.2 million ($83 million), down […]

  • Charles Rivkin

    CineAsia: Charles Rivkin Looks to Asia as Locomotive for Theatrical Cinema

    BRUSSELS — European multiplex group Kinepolis has reported flat earnings from cinemagoers in the first half of this year. Admissions fell 2.1% across its 22 cinemas in Belgium, France, Spain and Switzerland, with growing foyer sales required to register a scant 0.7% increase in coin. Box office income totaled Euros 66.2 million ($83 million), down […]

  • Tax Plan Strikes Fear Among Below

    Hollywood's Below-the-Line Workers Anxious About New Tax Plans

    BRUSSELS — European multiplex group Kinepolis has reported flat earnings from cinemagoers in the first half of this year. Admissions fell 2.1% across its 22 cinemas in Belgium, France, Spain and Switzerland, with growing foyer sales required to register a scant 0.7% increase in coin. Box office income totaled Euros 66.2 million ($83 million), down […]

  • Detective Pikachu

    Film News Roundup: Live-Action 'Detective Pikachu' Gets 2019 Release

    BRUSSELS — European multiplex group Kinepolis has reported flat earnings from cinemagoers in the first half of this year. Admissions fell 2.1% across its 22 cinemas in Belgium, France, Spain and Switzerland, with growing foyer sales required to register a scant 0.7% increase in coin. Box office income totaled Euros 66.2 million ($83 million), down […]

  • Movie Chain AMC Exploring Investment in

    Movie Chain AMC Exploring Investment in Saudi Arabia

    BRUSSELS — European multiplex group Kinepolis has reported flat earnings from cinemagoers in the first half of this year. Admissions fell 2.1% across its 22 cinemas in Belgium, France, Spain and Switzerland, with growing foyer sales required to register a scant 0.7% increase in coin. Box office income totaled Euros 66.2 million ($83 million), down […]

  • SPENCER LOCKE as Melissa Rainier in

    CineAsia: Sony Applies Haptic Technology to 'Insidious: The Last Key' (EXCLUSIVE)

    BRUSSELS — European multiplex group Kinepolis has reported flat earnings from cinemagoers in the first half of this year. Admissions fell 2.1% across its 22 cinemas in Belgium, France, Spain and Switzerland, with growing foyer sales required to register a scant 0.7% increase in coin. Box office income totaled Euros 66.2 million ($83 million), down […]

  • Star Wars: The Last Jedi

    'Star Wars: The Last Jedi' Rockets to Dominant Social Media Buzz

    BRUSSELS — European multiplex group Kinepolis has reported flat earnings from cinemagoers in the first half of this year. Admissions fell 2.1% across its 22 cinemas in Belgium, France, Spain and Switzerland, with growing foyer sales required to register a scant 0.7% increase in coin. Box office income totaled Euros 66.2 million ($83 million), down […]

More From Our Brands

Access exclusive content