Topic / Event Cinemas

Australia can re-open it’s cinemas today

By on

The Australian cinema industry has been through a lot. World wars, the Great Depression, the global financial crisis, video piracy, and event the rise of Netflix and online streaming. Yet the industry lives on, and today (July 1st) the doors can reopen after three months. IBISWorld forecasts cinema operators’ revenue to fall at least 26 per cent this financial year to $1.3 billion. Profit margins are expected to fall more […]