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Moshe Greidinger (senior) founded Cinema City in 1929 by building his first cinema in Tel Aviv.
Answer: False
Explanation: Moshe Greidinger (senior) founded Cinema City in 1929 by building his first cinema in Haifa, not Tel Aviv.
The Greidinger family's first cinema, Ein Dor, opened in Haifa in 1931.
Answer: True
Explanation: Moshe Greidinger (senior) began building his first cinema in Haifa in 1929, which subsequently opened as Ein Dor in 1931.
The Armon Cinema, opened by the Greidinger family in 1935, had a capacity of 800 seats.
Answer: False
Explanation: The Armon Cinema, opened in 1935, was a large Art-deco building with a capacity of 1,800 seats.
The Chen cinema in Tel Aviv was transformed into the first cinema multiplex in Israel in 1982.
Answer: True
Explanation: In 1982, the Chen cinema in Tel Aviv underwent a significant transformation, becoming the first cinema multiplex in Israel.
Who founded Cinema City?
Answer: Moshe Greidinger (senior)
Explanation: Moshe Greidinger (senior) is credited with founding Cinema City in 1929.
In what year was Cinema City established?
Answer: 1929
Explanation: Cinema City was established in 1929 when Moshe Greidinger (senior) began building his first cinema.
In what year did Moshe Greidinger (senior) begin building his first cinema in Haifa?
Answer: 1929
Explanation: Moshe Greidinger (senior) commenced the construction of his first cinema in Haifa in 1929, marking the beginning of Cinema City's operations.
What was the seating capacity of the Armon Cinema opened by the Greidinger family in Haifa in 1935?
Answer: 1,800 seats
Explanation: The Armon Cinema, a notable Art-deco building opened in Haifa in 1935, featured a substantial seating capacity of 1,800.
When did the Greidinger family acquire the Chen cinema in Dizengoff Square, expanding operations to Tel Aviv?
Answer: 1958
Explanation: The Greidinger family expanded their cinema operations to Tel Aviv in 1958 with the acquisition of the Chen cinema in Dizengoff Square.
In what year did the Greidinger family enter the film distribution business by acquiring Forum Film?
Answer: 1967
Explanation: The Greidinger family diversified into film distribution in 1967 through the acquisition of Forum Film.
What significant transformation occurred with the Chen cinema in Tel Aviv in 1982?
Answer: It was transformed into the first cinema multiplex in Israel.
Explanation: In 1982, the Chen cinema in Tel Aviv was notably transformed into Israel's first cinema multiplex, marking a modernization milestone.
Cinema City International N.V. (CCI) began its international expansion in 1997 with its first international cinema in Prague, Czech Republic.
Answer: False
Explanation: CCI began its international expansion in 1997 by opening its first international cinema in Budapest, Hungary, not Prague.
By 2005, CCI had become the largest multiplex operator in Hungary and established 12 multiplex theaters in Poland.
Answer: True
Explanation: By 2005, Cinema City International had indeed achieved the status of the largest multiplex operator in Hungary and had established 12 multiplex theaters in Poland.
CCI's distribution office, Forum Hungary, opened in 2005 and represented Warner Bros. in Hungary.
Answer: False
Explanation: Forum Hungary, CCI's distribution office opened in 2005, represented Disney, Spyglass, and Revolutionary Releasing in Hungary, not Warner Bros.
Cinema City International had its IPO in December 2006 on the London Stock Exchange.
Answer: False
Explanation: Cinema City International's Initial Public Offering (IPO) took place in December 2006 on the Warsaw Stock Exchange, not the London Stock Exchange.
The IPO price for Cinema City International was 19.30 zloty per share, raising a total of $106 million.
Answer: True
Explanation: The IPO price for Cinema City International was indeed 19.30 zloty per share, which successfully raised a total of $106 million.
Cinema City International chose to list on the Warsaw Stock Exchange because Poland accounted for approximately 40% of the group's total revenues.
Answer: True
Explanation: The decision to list on the Warsaw Stock Exchange was strategic, as Poland represented a significant portion, approximately 40%, of Cinema City International's total revenues.
Where did Cinema City International N.V. (CCI) open its first international cinema in 1997?
Answer: Budapest, Hungary
Explanation: Cinema City International initiated its international expansion in 1997 by opening its first international cinema in Budapest, Hungary.
By what year had CCI become the largest multiplex operator in Hungary and established 12 multiplex theaters in Poland?
Answer: 2005
Explanation: By 2005, CCI had solidified its market position, becoming the largest multiplex operator in Hungary and establishing 12 multiplex theaters in Poland.
Which of the following countries is NOT listed as a Central and Eastern European country where CCI operates multiplex cinemas?
Answer: Germany
Explanation: The source lists the Czech Republic, Bulgaria, Romania, and Slovakia as Central and Eastern European countries where CCI operates multiplex cinemas, but not Germany.
When did Cinema City International have its Initial Public Offering (IPO)?
Answer: December 2006
Explanation: Cinema City International conducted its Initial Public Offering (IPO) in December 2006.
On which stock exchange did Cinema City International have its IPO?
Answer: Warsaw Stock Exchange
Explanation: Cinema City International chose the Warsaw Stock Exchange for its Initial Public Offering (IPO).
What was Cinema City International's company value after its IPO?
Answer: $343 million
Explanation: Following its Initial Public Offering (IPO), Cinema City International's company value was assessed at $343 million.
Which financial institution was an underwriter for Cinema City International's IPO?
Answer: Bank Austria Creditanstalt
Explanation: Bank Austria Creditanstalt was one of the financial institutions that underwrote Cinema City International's Initial Public Offering (IPO).
Why did Cinema City International choose to list on the Warsaw Stock Exchange?
Answer: Poland had become its major market, accounting for approximately 40% of revenues.
Explanation: The strategic decision to list on the Warsaw Stock Exchange was driven by Poland's prominence as Cinema City International's major market, contributing approximately 40% of its total revenues.
Cinema City operates exclusively under the Cinema City brand across all its territories, including Israel.
Answer: False
Explanation: The source indicates that Cinema City operates under the Cinema City brand in Central and Eastern Europe, but uses the Planet and Rav-Chen brands in Israel.
Cinema City's registered office is located in London, United Kingdom.
Answer: False
Explanation: The registered office of Cinema City is located in Rotterdam, Netherlands, not London.
Mooky Greidinger, the current CEO of Cinema City, is the grandson of the company's founder.
Answer: True
Explanation: Mooky Greidinger is indeed the grandson of Moshe Greidinger (senior), the founder of Cinema City, and currently serves as its CEO.
In 2011, Cinema City reported a net income of over €50 million.
Answer: False
Explanation: Cinema City's reported net income in 2011 was €21.37 million, which is not over €50 million.
Cinema City is currently owned by Cineworld Group plc, a British cinema chain.
Answer: True
Explanation: Cinema City is currently owned by Cineworld Group plc, a British cinema chain, following an acquisition in 2014.
Cinema City employs approximately 1,000 people.
Answer: False
Explanation: Cinema City employs 4,000 people, not approximately 1,000.
Forum Film is a subsidiary of Cinema City responsible for cinema advertising.
Answer: False
Explanation: Forum Film is a subsidiary of Cinema City responsible for film distribution, while New Age Media handles cinema advertising.
Cinema City is recognized as the second-largest film exhibitor in Europe.
Answer: False
Explanation: Cinema City is recognized as the third-largest film exhibitor in Europe, not the second-largest.
Cinema City operates 99 multiplexes and 966 screens across its territories.
Answer: True
Explanation: Cinema City operates a substantial network of 99 multiplexes and 966 screens throughout its various territories.
What is Cinema City's primary business activity?
Answer: Operating movie theaters.
Explanation: Cinema City's core business activity is the operation of movie theaters, encompassing a wide network of multiplexes and screens.
Where is Cinema City's registered office located?
Answer: Rotterdam, Netherlands
Explanation: The registered office for Cinema City is situated in Rotterdam, Netherlands.
Which of the following is NOT a geographical area Cinema City primarily serves?
Answer: Western Europe
Explanation: Cinema City primarily operates in Central Europe, Eastern Europe, and Israel, but not Western Europe.
Who is the current CEO of Cinema City and the grandson of its founder?
Answer: Mooky Greidinger
Explanation: Mooky Greidinger holds the position of current CEO of Cinema City and is the grandson of its founder, Moshe Greidinger (senior).
What was Cinema City's reported revenue in 2011?
Answer: €267.45 million
Explanation: In 2011, Cinema City reported a revenue of €267.45 million.
How many employees does Cinema City have?
Answer: 4,000
Explanation: Cinema City employs a workforce of 4,000 individuals.
Which subsidiary of Cinema City handles film distribution?
Answer: Forum Film
Explanation: Forum Film is the subsidiary of Cinema City specifically responsible for film distribution activities.
Cinema City International retained all its cinema business assets after selling to Cineworld in 2014.
Answer: False
Explanation: After selling its cinema business to Cineworld in 2014, Cinema City International retained its real estate assets and a minority stake in Cineworld Group, not all its cinema business assets.
In January 2014, Cineworld acquired Cinema City's cinema business for approximately £503 million in an all-cash deal.
Answer: False
Explanation: The acquisition of Cinema City's cinema business by Cineworld in January 2014 was a cash and stock deal, not an all-cash transaction.
Following the acquisition by Cineworld, Israel Greidinger was appointed as the new CEO of Cineworld.
Answer: False
Explanation: After the acquisition, Mooky Greidinger was appointed CEO of Cineworld, while Israel Greidinger assumed the role of COO.
Forum Film and Mooky Greidinger faced legal issues in December 2022 for tax evasion.
Answer: False
Explanation: In December 2022, Forum Film and Mooky Greidinger faced legal issues related to violations of competition law, not tax evasion.
Forum Film violated antitrust laws by preventing a competitor from screening specific films after acquiring Matalon.
Answer: True
Explanation: Forum Film was found to have violated antitrust laws by colluding against a competing cinema chain, specifically by preventing the screening of eight films it distributed after its acquisition of Matalon.
Cinema City International holds real estate assets in Bulgaria, Israel, and Poland.
Answer: True
Explanation: Cinema City International indeed holds significant real estate assets across Bulgaria, Israel, and Poland, including various land plots and properties.
What did Cinema City International retain after selling its cinema business to Cineworld in 2014?
Answer: Its real estate assets and an approximately 25% minority stake in Cineworld Group.
Explanation: Following the sale of its cinema business to Cineworld in 2014, Cinema City International retained its real estate assets and acquired a significant 25% minority stake in Cineworld Group.
In what year did Cineworld acquire Cinema City's cinema business?
Answer: 2014
Explanation: Cineworld completed the acquisition of Cinema City's cinema business in 2014.
What was the approximate value of the deal when Cineworld acquired Cinema City's cinema business?
Answer: £503 million
Explanation: The acquisition of Cinema City's cinema business by Cineworld was valued at approximately £503 million.