Singapore’s Filmgarde to Close Indie Cinemas, Blames Changing Film Market

  • 📰 Variety
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Filmgarde, an independent cinema exhibitor in Singapore, is to close two of its three cinema complexes. The company pointed to “changing trends in the film industry.” The company will allow its lea…

, is to close two of its three cinema complexes. The company pointed to “changing trends in the film industry.”

“Since 2013, Singapore’s overall cinema attendance has been on a general decline. This is in spite of an increase in the number of screens and seating capacity during the same period. In fact, from 2017 to 2019, national cinema attendance had already fallen to pre-2010 levels1. The onset of Covid-19 only served to accelerate and exacerbate these existing trends,” said Sherman Ong, Filmgarde’s head of cinema operations.

Data from the Infocomm Media Development Authority and Singapore Film Commission show that cinema admissions in the city-state reached their peak in 2011 when there was a total of 180 cinema screens and 35,000 available seats. Annual attendance had slipped to 18.5 million by pre-COVID 2019, but the screen count had ballooned to 281 and seating capacity increased to 42,000.tumbled to S$49.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 108. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Wow. When I see news like that, my hope in the world reflourish. I really hope one day we'll have no movie theaters ever.

Watched many great movies at Filmgarde Bugis+. 💔

Singapore Singapore Latest News, Singapore Singapore Headlines