The Vue International cinema chain has had its valuation slashed by approximately half, according to a report from The Times. The valuation has been almost halved to £650m ($785m/€771m) in a restructuring deal that also allows the chain to be protected from a €130m legal claim in Germany, and the injection of new funds into …
Indian state introduces Government-regulated cinema ticketing
The Andhra Pradesh Assembly in India has passed a bill to regulate cinema ticketing, which will be administered by the state Government. Andhra Paresh is a south-eastern state in India, with a population of around 50 million people. The state Government has introduced the AP Cinemas (Regulation) (Amendment) Bill 2021, to regulate cinema pricing and …