Cineworld hit by World Cup but given boost from the 3D film revolution

first_img Cineworld hit by World Cup but given boost from the 3D film revolution KCS-content Thursday 19 August 2010 8:39 pm CINEWORLD saw a fall off in the number of filmgoers in the first half of the year because of the World Cup but said the popularity of 3D films was helping to boost the business. Despite the drop in admissions, the company recorded pre-tax profits of £11.8m in the first half of the year up from £11.6m in the first-half last year.Chief executive Stephen Wiener said: “We are pleased to announce good growth in first half revenues and ebitda despite the impact of the World Cup which, as anticipated, resulted in a quiet June.”He added: “The second half of the financial year has started strongly for the Group, with an excellent range of blockbusters and 3D films.” The firm said the fourth quarter looks equally strong and brings an exciting line up of releases with titles such as “Wall Street: Money Never Sleeps” and “Little Fockers.” More than 20 per cent of its box-office revenues were from 3D movies. Show Comments ▼ More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks whatsapp Share whatsapp Tags: NULLlast_img read more