London-based Vue International, the largest movie exhibitor outside of the U.S., has put its plans to open multiplexes in Saudi Arabia on temporary hold in the wake of the global scandal surrounding the killing of Washington Post columnist Jamal Khashoggi.
The company had signed an exclusive preliminary agreement in February with the Abdulmohsin Al Hokair Holding real-estate group to jointly build up to 30 multiplexes in Saudi Arabia, leading the way among exhibitors making inroads in the region after Crown Prince Mohammed bin Salman lifted a 35-year ban on cinemas in December 2017.
Vue chief executive and founder Tim Richards told the Guardian newspaper Monday that “we have delayed, but not pulled out” of Saudi Arabia, adding that, like a lot of leading companies around the world, “we are watching and share the concerns that others do.” “We want to see what happens in the next few weeks and don’t...
The company had signed an exclusive preliminary agreement in February with the Abdulmohsin Al Hokair Holding real-estate group to jointly build up to 30 multiplexes in Saudi Arabia, leading the way among exhibitors making inroads in the region after Crown Prince Mohammed bin Salman lifted a 35-year ban on cinemas in December 2017.
Vue chief executive and founder Tim Richards told the Guardian newspaper Monday that “we have delayed, but not pulled out” of Saudi Arabia, adding that, like a lot of leading companies around the world, “we are watching and share the concerns that others do.” “We want to see what happens in the next few weeks and don’t...
- 10/22/2018
- by Nick Vivarelli
- Variety - Film News
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