Saudi Arabia

AMC Entertainment said Saudi Entertainment Ventures (SEVEN) will buy out its investment in movie theater venture, Saudi Cinema Company, for $30 million AMC said the agreement calls for it to transition from a management and investment role in SCC to “a pure licensing relationship.” Current AMC Cinemas and future locations operated by SCC will retain
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EXCLUSIVE: Universal Pictures International is forming a new partnership with Emirates-based Majid Al Futtaim Distribution which will see the latter release Universal movies in Saudi Arabia and other GCC countries (Bahrain, Kuwait, Oman, Qatar, UAE) and Egypt. In Lebanon and Cyprus, Uni will retain its longstanding distribution relationship with Four Star Films. The new deal,
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