36.8 C
Saturday, May 18, 2024

Fenix ​​Entertainment signs partnership agreement with Galassia Cinema


(ALLIANCE NEWS) – Fenix ​​Entertainment Spa announced Tuesday that it has signed an agreement with Galassia Cinema, a newly formed company currently working to build a massive movie theater chain, with about 200 associated theaters to date and about 200 Movie theater above home. The process of membership throughout Italy.

“Through this agreement, Fenix ​​Entertainment strengthens the company’s distribution arm with the ability to secure theatrical release and distribution of films it produces and/or purchases from third parties. This partnership effectively creates a dynamic theatrical offering structure,” the company explained in a note.

“Furthermore, through this agreement, Phoenix aims to strengthen its presence abroad and become a point of reference for international films distributed in Italy.”

“In this regard, one of the points of focus of the agreement between Fenix ​​and Galassia Cinema is an exclusive, close and profitable cooperation in the acquisition, distribution and joint development on Italian territory of international films of great quality and commercial potential, aimed at combining the two The company is positioned as a major player in the Italian film distribution sector.”

Fenix ​​Entertainment shares rose 9.5 percent to 0.012 euros per share.

By Claudia Cavaliere, League News reporter

Comments and questions please send to redazione@alliancenews.com

Copyright 2023 Allied News IS Italian Service Ltd. all rights reserved.


Source link

Related Articles

Disney and Warner Bros Unveil Powerhouse Bundle for Ultimate Entertainment Access

Disney and Warner Bros to Offer Streaming Bundle of Disney+, Hulu, and HBO Max In a strategic move aimed at reshaping the streaming landscape, entertainment...

Alia Bhatt Steals the Spotlight at Met Gala

Alia Bhatt Triumphs Over Global Icons at Met Gala: Crowned 'Most Visible Attendee' in Empowering Fashion Alia Bhatt Steals the Spotlight at Met GalaAlia Bhatt,...

FIMM Events & Exhibition LLC- Dubai Presented Dubai Poetry Festival 2024 became one of the most historical poetry event of Dubai with a Twist...

The poetry lovers of Dubai witnessed something spectacular this weekend (20th of April -Saturday) in ‘Dubai Poetry Festival’ which was held at Glendale International...

Akshay Kumar Set to Ignite Telugu Screens with Debut, Breaking Boundaries

Akshay Kumar Set to Blaze a Trail with Telugu Debut Alongside Prabhas and Mohanlal Excitement mounts in the world of cinema as Bollywood's beloved actor,...

Salim Khan Condemns Threats Against Son Salman Khan as ‘jaahil’, Assures Enhanced Police Protection by Eknath Shinde.

Salim Khan Speaks Out on Threats Against Son Salman Khan Amidst Recent Firing Incident Following a visit by Maharashtra Chief Minister Eknath Shinde to their...

Latest Articles