Kinepolis

The Kinepolis Group is a Belgian cinema chain formed in 1997 as a result of the merger of two family cinema groups, Bert and Claeys, and has been listed on the stock exchange since 1998. The Kinepolis Group has a chain of 49 cinemas spread across Belgium, France, Spain, Luxembourg, Switzerland, the Netherlands and Poland.

For the Mexican cinema chain, see Cinépolis.
Kinepolis Group NV/SA
Public
Traded asEuronext: KIN
ISINBE0003722361 
IndustryCinema, film distribution
Founded1997
Headquarters
Ghent, Belgium
Key people
  • Eddy Duquenne
  • Joost Bert
  • Philip Ghekiere (Chairman)
Number of employees
4,600 [1]
Websitewww.kinepolis.com

The first megaplex cinema in the world is considered to be Kinepolis Brussels located near the Atomium in Brussels, Belgium, which opened in 1988 with 25 screens.[2] Kinepolis Madrid in Spain is the largest cinema in the world, with 25 screens and a seating capacity of 9,200.

In 2006, the Claeys family withdrew from the venture, selling most of its 25% stake of shares in the company[3] and transferring daily management to Joost Bert, who, since 2008, shares the position of CEO with Eddy Duquenne.[4]

In September 2017, Kinepolis announced its acquisition of the Canadian cinema chain Landmark Cinemas for CDN$123 million.[5]

Core businesses

The Kinepolis Group consists of seven core businesses; box office, in-theater sales (ITS), business-to-business (B2B), film distribution, screen advertising, real estate, and digital cinema services.[6]

References
  1. "Kinepolis Group Annual Report 2019" (PDF). corporate.kinepolis.com. Retrieved 2020-04-26.
  2. Acland, Charles R. (2003). Screen Traffic: Movies, Multiplexes, and Global Culture. p. 136. ISBN 978-0822331636.
  3. "Kinepolis families head for divorce". Expatica.com. Retrieved 2018-04-30.
  4. "History of the Group | Kinepolis Group". corporate.kinepolis.com. Retrieved 2018-04-30.
  5. "Landmark Cinemas chain sold to Belgian firm for $123M". Canadian Press. 2017-09-18. Retrieved 2017-10-09.
  6. "Kinepolis core business". www.kinepolis.com. Retrieved 8 November 2012.


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