Astoria sells cinemas to SF Bio
Astoria Cinemas is to sell its Biopalats cinemas in Stockholm and Gothenburg to SF Bio.
Astoria has also secured the right to show its own films at four SF Bio cinemas in Lund and Uppsala.
In addition, Astoria will have access to five screens at Biopalatset in Gothenburg from August 31st.
"SF Bio's purchase of the cinema complexes in Stockholm and Gothenburg - where we are to have the use of five screens - means that we have partly secured our finances as well as having a better cinema structure for our concept of focussing on high quality films," said Astoria's CEO Mattias Nohrborg in a statement.
Comments
See Also
Astoria has also secured the right to show its own films at four SF Bio cinemas in Lund and Uppsala.
In addition, Astoria will have access to five screens at Biopalatset in Gothenburg from August 31st.
"SF Bio's purchase of the cinema complexes in Stockholm and Gothenburg - where we are to have the use of five screens - means that we have partly secured our finances as well as having a better cinema structure for our concept of focussing on high quality films," said Astoria's CEO Mattias Nohrborg in a statement.
Join the conversation in our comments section below. Share your own views and experience and if you have a question or suggestion for our journalists then email us at [email protected].
Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.
Please log in here to leave a comment.