{"id":2136567,"date":"2025-11-05T10:32:50","date_gmt":"2025-11-05T10:32:50","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2136567"},"modified":"2025-11-05T10:32:50","modified_gmt":"2025-11-05T10:32:50","slug":"european-operator-to-buy-emagine-theaters-many-in-michigan","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/european-operator-to-buy-emagine-theaters-many-in-michigan\/","title":{"rendered":"European operator to buy Emagine theaters, many in Michigan"},"content":{"rendered":"<p><\/p>\n<div id=\"\">\n<div id=\"videoWrap\" class=\"spacer-large videoWrap\" style=\"position:relative\"><media-video video-id=\"86798136007\" title=\"Jeremy Allen White stars in 'Springsteen: Deliver Me From Nowhere'\" poster=\"https:\/\/www.gannett-cdn.com\/authoring\/authoring-images\/2025\/10\/20\/USAT\/86798496007-101125-still-request-03.jpg?crop=1427,801,x244,y0\" util-module-path=\"elements\/media\" placement=\"snow-video-story-priority\"><\/p>\n<div id=\"uwVideoPlaceholder\" slot=\"placeholder\" style=\"z-index:19;width:100%;padding-bottom:56.25%;position:relative\"><\/p>\n<div class=\"vidplaybtn\" style=\"display:-moz-box;display:-ms-flexbox;display:-webkit-flex;display:flex;background-color:rgba(0,0,0,.4);border:2px solid #fff;border-radius:80px;cursor:pointer;height:80px;width:80px;position:absolute;top:50%;left:50%;transform:translate(-50%,-50%);z-index:10\"><img decoding=\"async\" class=\"vidplayicon\" src=\"https:\/\/www.gannett-cdn.com\/appservices\/universal-web\/universal\/icons\/icon-play-alt-white.svg\" alt=\"play\" style=\"height:40px;margin:auto 18px auto 27px;width:40px\"\/><\/div>\n<\/div>\n<div slot=\"videoDetails\" id=\"videoDetails\" class=\"videoDetails\" style=\"padding-top:8px;padding-bottom:8px\">\n<div id=\"videoDetailsContainer\" class=\"videoDetailsContainer\" hidden=\"\">\n<p>Jeremy Allen White stars in &#8216;Springsteen: Deliver Me From Nowhere&#8217;<\/p>\n<p>&#8220;The Bear&#8221; star Jeremy Allen White explores the creation of Bruce Springsteen&#8217;s &#8220;Nebraska&#8221; album in biopic &#8220;Springsteen: Deliver Me From Nowhere.&#8221;<\/p>\n<\/div>\n<\/div>\n<p><\/media-video><\/div>\n<p><story-highlights class=\"spacer-small column ten-column no-gutter\" util-module-path=\"elements\/story\"><\/p>\n<ul>\n<li>A European theater chain, Kinepolis Group, is acquiring the Troy-based Emagine Entertainment.<\/li>\n<li>The deal is valued at $105 million and is expected to be finalized by the end of the year.<\/li>\n<\/ul>\n<p><\/story-highlights><partner-banner util-module-path=\"elements\/partner\" class=\"spacer-large\" min-height=\"390\" fluid=\"\" outstream=\"\"\/>\n<p>The European movie theater company that previously bought metro Detroit&#8217;s MJR cinemas is now buying Emagine Entertainment.<\/p>\n<partner-banner util-module-path=\"elements\/partner\" class=\"spacer-large\" min-height=\"600\" fluid=\"\" outstream=\"\" momentum=\"\"\/>\n<p>The Kinepolis Group, a Belgian firm, announced on Tuesday, Nov. 4, that it plans to acquire 14 Emagine theaters in Michigan, Illinois, Indiana and Wisconsin and finalize the $105 million deal by the end of the year.<\/p>\n<p>The deal is for 100% of Emagine&#8217;s business, according to a news release, and the theaters will continue to operate under the Emagine brand name.<\/p>\n<p><media-image image-set=\"https:\/\/www.gannett-cdn.com\/authoring\/authoring-images\/2025\/11\/04\/PDTF\/87084934007-usatsi-18882016.jpg bestCrop, https:\/\/www.gannett-cdn.com\/authoring\/authoring-images\/2025\/11\/04\/PDTF\/87084934007-usatsi-18882016.jpg?crop=1932,1449,x0,y149 4:3, https:\/\/www.gannett-cdn.com\/authoring\/authoring-images\/2025\/11\/04\/PDTF\/87084934007-usatsi-18882016.jpg?crop=1311,1747,x386,y0 3:4, https:\/\/www.gannett-cdn.com\/authoring\/authoring-images\/2025\/11\/04\/PDTF\/87084934007-usatsi-18882016.jpg?crop=1932,1087,x0,y349 16:9\" image-alt=\"\" credit=\"Gillis Benedict\/Livingston Daily, Gillis Benedict\/Livingston Daily \/ USA TODAY NETWORK\" caption=\"Hartland's Emagine Theater, shown Oct. 6, 2020.&#10;&#10;Emagine Theater To Reopen 01\" orientation=\"horizontal\" class=\"spacer-large\" util-module-path=\"elements\/media\"\/><\/p>\n<p>Not all of the 28 theater locations listed on Emagine&#8217;s website are included in the deal, as about half are operated by third parties.<\/p>\n<partner-banner util-module-path=\"elements\/partner\" fluid=\"\" bottom=\"\" lazy=\"\" class=\"spacer-large\" min-height=\"390\" outstream=\"\"\/>\n<p>Kinepolis <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.freep.com\/story\/money\/business\/2019\/09\/03\/mjr-digital-cinemas-sold-kinepolis\/2198125001\/\">previously acquired<\/a> MJR Digital Cinemas chain in 2019 and has continued to operate those 10 theaters under the MJR name. That deal marked the firm&#8217;s entry into the U.S. market; it now operates in seven European countries, plus the United States and Canada.<\/p>\n<p>&#8220;Kinepolis has a reputation for operating exceptionally well-run cinemas both in Europe and in North America,&#8221; Paul Glantz, chairman and CEO of Emagine, said in the news release.\u00a0&#8220;Their commitment to providing guests with an unforgettable movie experience makes them the ideal suitor to continue the stewardship of Emagine into the future.&#8221;<\/p>\n<partner-inline util-module-path=\"elements\/partner\" class=\"spacer-large\" placement=\"native-article_link\" sizes=\"[[300, 250], [3, 3]]\" min-height=\"250\" fluid=\"\" outstream=\"\"\/><cta-atoms-container-inline util-module-path=\"elements\/cta\" class=\"spacer-large\"\/><\/p>\n<p>Crain&#8217;s Detroit <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.crainsdetroit.com\/mergers-acquisitions\/emagine-sells-theaters-european-operator-kinepolis\">reported<\/a> that Glantz and his family own about 36% of Troy-based Emagine. Glantz was not available for additional comment Tuesday morning.<\/p>\n<p>&#8220;With the acquisition of Emagine Entertainment, we are back on track with the execution of our expansion strategy since the pandemic,&#8221; Eddy Duquenne, CEO of Kinepolis Group, said in the release. &#8220;We do this with a high-quality asset in a market where we have had positive experiences with our Kinepolis concepts. The location and size of the cinemas make them a valuable addition to the Group&#8217;s portfolio, allowing us to expand our presence in the US market and strengthen our national structure.&#8221;<\/p>\n<partner-banner util-module-path=\"elements\/partner\" fluid=\"\" bottom=\"\" lazy=\"\" class=\"spacer-large\" min-height=\"600\" outstream=\"\" momentum=\"\"\/><partner-inline util-module-path=\"elements\/partner\" placement=\"native-article_link\" sizes=\"[[300, 250], [3, 3]]\" min-height=\"250\" fluid=\"\" outstream=\"\"\/>\n<p>The news release says Emagine&#8217;s theaters see about 6 million visitors a year and do nearly $129 million in revenue. The size of the $105 million deal could go up an additional $15 million, based on box office results through the rest of the year.<\/p>\n<p>Michigan theaters not included in the deal are The Riviera Cinema in Farmington Hills and Emagine Woodhaven, which are managed by third parties through a brand licensing agreement, the news release said.<\/p>\n<p>In a phone interview Tuesday afternoon, Duquenne told the Free Press that Emagine&#8217;s theaters are well run and profitable and that no significant changes are envisioned.<\/p>\n<p>Kinepolis was attracted to the high quality of the Emagine brand and its theaters compared with competitors, he said.<\/p>\n<partner-banner util-module-path=\"elements\/partner\" fluid=\"\" bottom=\"\" lazy=\"\" class=\"spacer-large\" min-height=\"390\" outstream=\"\"\/>\n<p>\u201cWhy should you rebrand if you have a good brand that everyone is familiar with,\u201d Duquenne said. \u201cWe will bring more capital into the market, as well as invest in more premiumization.\u201d<\/p>\n<p>He attributed recent financial challenges in the movie theater industry to a dearth of big Hollywood movie releases, and not to any unwillingness of people to leave the house and go to the movies.<\/p>\n<p>&#8220;So waiting for more Hollywood blockbusters is the message today,&#8221; Duquenne said.<\/p>\n<p>The theaters that are in the newly announced deal:<\/p>\n<p><strong>Michigan<\/strong>:<\/p>\n<ul class=\"wp-block-list\">\n<li>Emagine Canton<\/li>\n<li>Emagine Royal Oak<\/li>\n<li>Emagine Hartland<\/li>\n<li>Emagine Birch Run<\/li>\n<li>Emagine Saline<\/li>\n<li>Emagine Novi<\/li>\n<li>Emagine Macomb<\/li>\n<li>Emagine Rochester Hills<\/li>\n<li>Quality 10 Powered by Emagine (Saginaw)<\/li>\n<\/ul>\n<p><strong>Illinois<\/strong>:<\/p>\n<ul class=\"wp-block-list\">\n<li>Emagine Frankfort<\/li>\n<li>Emagine Batavia<\/li>\n<\/ul>\n<p><strong>Indiana<\/strong>:<\/p>\n<ul class=\"wp-block-list\">\n<li>Emagine Noblesville<\/li>\n<li>Emagine Portage<\/li>\n<\/ul>\n<p><strong>Wisconsin<\/strong>:<\/p>\n<p class=\"exclude-from-newsgate\"><em>(This story has been updated to include new information.)<\/em><\/p>\n<lit-timestamp class=\"column ten-column no-gutter spacer-small\" slot=\"timestamp\" publishdate=\"2025-11-04 16:08:16.075369972 +0000 UTC\" updatedate=\"2025-11-04 20:49:30.731714484 +0000 UTC\"\/><\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source www.freep.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jeremy Allen White stars in &#8216;Springsteen: Deliver Me From Nowhere&#8217; &#8220;The Bear&#8221; star Jeremy Allen White explores the creation of Bruce Springsteen&#8217;s &#8220;Nebraska&#8221; album in biopic &#8220;Springsteen: Deliver Me From Nowhere.&#8221; A European theater chain, Kinepolis Group, is acquiring the Troy-based Emagine Entertainment. The deal is valued at $105 million and is expected to be [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2136568,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[39915,30218,22220,371389,23038,25425,6297,284334,21741,26961,51971,305388,347239,24392,21739,298114,22764,350859,22020,385210,308742,211924,21738,239343,239453,239347,23759,317470,23152,284335,24047,344940,239344,22217],"class_list":["post-2136567","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-affiliate","tag-ai","tag-arts","tag-belgium","tag-company","tag-company-news","tag-eamotion","tag-enabled","tag-entertainment","tag-europe","tag-highlights","tag-illinois","tag-indiana","tag-listings","tag-local","tag-local-affiliate-arts-u0026-entertainment","tag-local-news","tag-michigan","tag-movie","tag-movie-listings-u0026-theater-showtimes","tag-movie-theaters","tag-neutral","tag-news","tag-overall","tag-overall-neutral","tag-overall-positive","tag-positive","tag-showtimes","tag-story","tag-story-highlights-ai-enabled","tag-theater","tag-theaters","tag-u0026","tag-wisconsin"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/11\/European-operator-to-buy-Emagine-theaters-many-in-Michigan.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2136567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2136567"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2136567\/revisions"}],"predecessor-version":[{"id":2136569,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2136567\/revisions\/2136569"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2136568"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2136567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2136567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2136567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}