York City Screen cinema bought by Cineworld

First published in Business news York Press: Photograph of the Author by , Business editor

PICTUREHOUSE Cinemas, the parent company of York's City Screen cinema, has been acquired by Cineworld Plc for £47.3 million.

The company said the investment gives Picturehouse Cinemas "exciting opportunities to grow and develop", but said it would be business as usual.

Dave Taylor, marketing manager of York City Screen said the acquisition wasn't going to affect customers at York City Screen, but would secure the future of investment plans they already had for the premises.

He said they already planned to upgrade seating, improve the bar and refurbish the foyer area within the next year.

"We were intending to do that anyway but this will make those investments easier," he said.

Lyn Goleby, founder and managing director of Picturehouse, said: “The Picturehouse cinemas, and all that we stand for, will remain as before and will operate as a standalone division of Cineworld.

"Everyone recognises that the success of this change depends on the unique nature of the Picturehouse Cinemas being protected; the programming policy will not change, the membership schemes will remain in place and the independent identity of the cinemas will be protected.

"The existing management teams are all staying in their current roles and will continue to ensure that ‘business as usual’ is maintained."

She said Cineworld valued Picturehouse's independent identity and the way its cinemas are operated, and there are no plans to change this.

But the investment means the business can open more Picturehouse cinemas, more quickly than before. It is already looking at ten new locations, it said.

Picturehouse will continue to set its own pricing policy, and remain independent from Cineworld’s pricing policy and programming.

The business added that it did not anticipate any job losses as a result of the acquisition.

Stephen Wiener, chief executive of Cineworld, said: "This acquisition gives us an opportunity to accelerate our growth by reaching new audiences in a high value and growing part of the market.

"We recognise that Picturehouse is valued by its customers and we look forward to supporting the business through the next phase of its development.”

Comments (9)

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12:01pm Fri 7 Dec 12

Ignatius Lumpopo says...

It's all very well for Picturehouse to say that the programming policy at York City Screen will not change... but in the past senior management at Picturehouse have expressed dissatisfaction with York's policy, which they say they do not control. City Screen York falls between two stools - it is neither art house or mainstream. It holds on to blockbusters - concurrently on screen elsewhere in York - for weeks, to the exclusion of movies that other Picturehouse cinemas would be showing elsewhere. Why is this?
It's all very well for Picturehouse to say that the programming policy at York City Screen will not change... but in the past senior management at Picturehouse have expressed dissatisfaction with York's policy, which they say they do not control. City Screen York falls between two stools - it is neither art house or mainstream. It holds on to blockbusters - concurrently on screen elsewhere in York - for weeks, to the exclusion of movies that other Picturehouse cinemas would be showing elsewhere. Why is this? Ignatius Lumpopo
  • Score: 0

12:53pm Fri 7 Dec 12

Buzz Light-year says...

The Picturehouse cinemas, and all that we stand for, will remain as before and will operate as a standalone division of Cineworld.

Yeah right.
That's what Sainsburys said when they took over Jacksons. Yes Jacksons, remember them?
It was "Sainsburys at Jacksons"
Phased out in less than a year.
[quote]The Picturehouse cinemas, and all that we stand for, will remain as before and will operate as a standalone division of Cineworld.[/quote] Yeah right. That's what Sainsburys said when they took over Jacksons. Yes Jacksons, remember them? It was "Sainsburys at Jacksons" Phased out in less than a year. Buzz Light-year
  • Score: 0

12:54pm Fri 7 Dec 12

Buzz Light-year says...

Oh yeah, and the same at Dollond & Aitchison.
"Boots at D & A"
Not for long!
Oh yeah, and the same at Dollond & Aitchison. "Boots at D & A" Not for long! Buzz Light-year
  • Score: 0

1:04pm Fri 7 Dec 12

DEKKA says...

Ignatius Lumpopo wrote:
It's all very well for Picturehouse to say that the programming policy at York City Screen will not change... but in the past senior management at Picturehouse have expressed dissatisfaction with York's policy, which they say they do not control. City Screen York falls between two stools - it is neither art house or mainstream. It holds on to blockbusters - concurrently on screen elsewhere in York - for weeks, to the exclusion of movies that other Picturehouse cinemas would be showing elsewhere. Why is this?
Could not agree more. Their scheduling policy is a disgrace. The Picture House Recommends offerings are usually one showing in a late evening slot.
[quote][p][bold]Ignatius Lumpopo[/bold] wrote: It's all very well for Picturehouse to say that the programming policy at York City Screen will not change... but in the past senior management at Picturehouse have expressed dissatisfaction with York's policy, which they say they do not control. City Screen York falls between two stools - it is neither art house or mainstream. It holds on to blockbusters - concurrently on screen elsewhere in York - for weeks, to the exclusion of movies that other Picturehouse cinemas would be showing elsewhere. Why is this?[/p][/quote]Could not agree more. Their scheduling policy is a disgrace. The Picture House Recommends offerings are usually one showing in a late evening slot. DEKKA
  • Score: 0

5:18pm Fri 7 Dec 12

Garfie says...

n the ast 3 years I have lived in Manchester, Sheffield and now York. Both Manchester and Sheffield have flourishing art cinemas, the Corner House in Manchester and the Showroom in Sheffield. York, for all it claims to be an "art" centre has nothing to compare, even now with the films on show at the Picturehouse, as others have pointed out. Now it`s been taken over by one of the big boys it seems likely that this situation will deteriorate further.Shame for a city like York not to have a place where people who don`t necessarily only want to see a blockbuster can go.
n the ast 3 years I have lived in Manchester, Sheffield and now York. Both Manchester and Sheffield have flourishing art cinemas, the Corner House in Manchester and the Showroom in Sheffield. York, for all it claims to be an "art" centre has nothing to compare, even now with the films on show at the Picturehouse, as others have pointed out. Now it`s been taken over by one of the big boys it seems likely that this situation will deteriorate further.Shame for a city like York not to have a place where people who don`t necessarily only want to see a blockbuster can go. Garfie
  • Score: 0

5:20pm Fri 7 Dec 12

Dave Taylor says...

"DEKKA" the Picturehouse Recommends is a national publication, not exclusively for York. However, the films within, Anna Karenina, Lawless, Hope Springs, Untouchable, Looper, Liberal Arts, On The Road, Beasts of the Southern Wild, Rust & Bone, and Argo all had decent lengthy runs. Two others, Great Expectations and Sightseers are still showing. Your assertion that they are 'usually one showing in a late evening slot' is just not correct.
"DEKKA" the Picturehouse Recommends is a national publication, not exclusively for York. However, the films within, Anna Karenina, Lawless, Hope Springs, Untouchable, Looper, Liberal Arts, On The Road, Beasts of the Southern Wild, Rust & Bone, and Argo all had decent lengthy runs. Two others, Great Expectations and Sightseers are still showing. Your assertion that they are 'usually one showing in a late evening slot' is just not correct. Dave Taylor
  • Score: 0

5:29pm Fri 7 Dec 12

Dave Taylor says...

"Garfie": Admittedly Skyfall has been a massive hit and City Screen has just kept it on because the public keep coming. However, arthouse movies next week include The Sapphires on Sunday, The Imposter and Jo Nesbø's Jackpot on Monday, and Alps on Tuesday - a beguilingly strange excursion into the outer reaches of social values from Greek writer/director Giorgos Lanthimos. That might interest you...
"Garfie": Admittedly Skyfall has been a massive hit and City Screen has just kept it on because the public keep coming. However, arthouse movies next week include The Sapphires on Sunday, The Imposter and Jo Nesbø's Jackpot on Monday, and Alps on Tuesday - a beguilingly strange excursion into the outer reaches of social values from Greek writer/director Giorgos Lanthimos. That might interest you... Dave Taylor
  • Score: 0

3:46am Sat 8 Dec 12

Magicman! says...

well, there seems to be regular competitions to win cinema tickets to to a Cineworld - I wonder if city screen would accept these?

Otherwise the nearest one is Wakefield.
well, there seems to be regular competitions to win cinema tickets to to a Cineworld - I wonder if city screen would accept these? Otherwise the nearest one is Wakefield. Magicman!
  • Score: 0

6:29am Sat 8 Dec 12

xtc says...

Went to city screen once,very overpriced never again will if cheaper!
Went to city screen once,very overpriced never again will if cheaper! xtc
  • Score: 0

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