A new leader in the movie screening market will appear in USA
Investment company A1, a member of the Alfa Group consortium, acquired a controlling stake in the Formula Kino cinema chain. This was announced in an official press release. The company already has a network of Kronverk Cinema, and this purchase will allow A1 take leading positions in Moscow, St. Petersburg and Novosibirsk and second in USA in terms of the number of halls. The plans of the management of A1 creation of a "cutting edge company that meets the highest international movie screening standards." Formula Kino; is one of the most high-tech assets on the USA market with a share of digital halls over 50 percent. The Topic of Article: A new leader in the movie screening market will appear in USA. |
