|Founded||1947(as Cine Morelos)|
|Founder||Enrique Ramírez Villalón|
|Headquarters||Morelia, Michoacán, Mexico|
Number of locations
|335 (Latin America, United States, India, Spain)|
|Enrique Ramírez Miguel, founder and ex-Chairman of the Board |
Alejandro Ramirez Magaña, CEO Alejandra Daguer, Sales Management
Eduardo Acuña, Head of the Americas and former CEO of Cinépolis do Brasil
Number of employees
Cinépolis is the biggest cineplex chain in Mexico with 427 theaters in 97 cities. It is also the largest chain in Latin America and the fourth largest in the world, with over 624 theaters, 5,000 screens and over 27,177 employees throughout Mexico, Guatemala, Honduras, El Salvador, England, Costa Rica, Panama, Chile, Colombia, Brazil, Peru, Spain, India, Indonesia and the United States.
Enrique Ramírez Villalón founded the Cine Morelos in Morelia, Michoacán, Mexico in 1947. Years later, the company was rebranded as Cinematográfica Cadena de Oro, S.A., opening theaters in Salamanca, Acámbaro and Guanajuato. By 1971, the brand had already expanded to Mexico City with the opening of Cine La Raza. In 1972 Cinemas Gemelos was born and one year later the national expansion of Multicinemas began. The company was rebranded in 1994 as Cinépolis with the first multiplex-style theaters in Tijuana. In 1999, Cinépolis VIP was created. It is believed to be the biggest cinema chain in Mexico.
Products and servicesEdit
Cinépolis VIP was created in 1999 and is considered one of the pioneers in the development of the Luxury Cinema concept.
In 1997, Cineticket was created to give users the option to buy their tickets online instead of waiting to purchase at the venue. Cineticket was the first online theater ticket-selling-system in Mexico.
4DX in-seat experienceEdit
On 2 June 2011, Cinépolis invested $25 million and partnered with the South Korean company CJ Group to open 11 4DX theaters throughout Mexico. 4DX features motion seats, wind effects, water and air spray, and odors with over 100 scents. It first opened at the Plaza Acoxpa mall in Mexico City with the release of Disney's Pirates of the Caribbean: On Stranger Tides. On 1 July 2012, Cinépolis opened South America's first 4DX theater in Brazil at the JK Iguatemi shopping mall in São Paulo with the release of Prometheus and Ice Age: Continental Drift. It is the launch customer in the Western Hemisphere and is currently the second largest CJ Group customer with a total of thirteen 4DX theaters throughout Mexico and a total of seventeen 4DX theaters throughout Latin America.
Cinépolis has opened theatres in the capitals of Guatemala, El Salvador, Costa Rica, Panama, and Colombia. Cinépolis attempted to expand their business to Ecuador, but failed. So far, 11 theatres have been opened outside Mexico under the Cinépolis brand, with a planned expansion to Peru, with the opening of a fourteen-screen theatre in Lima, a theatre in Cali, Colombia and a third in Tegucigalpa, Honduras.
Cinépolis has plans to operate 500 screens in India with an investment of ₹ 1,500 crore and has signed deals with 12 developers in eight cities to set up 110 screens in the first phase. There are also plans to enter into deals with developers to create 200 more screens across India by 2010. Cinépolis has locations in India at: Bhubaneswar, Jamshedpur, New Delhi, Thane, Chandigarh, Amritsar, Pune, Bengaluru, Patna, Ahmedabad, Surat, Bhopal, Ludhiana, Mangaluru, Jaipur, Hyderabad, Coimbatore, Hubballi, Vijayawada, Kolkata, Vadodara, Mumbai, Kochi, Guwahati, Muzaffarpur and Lucknow. It is also scheduled to open in Chennai, Ahmedabad (second property), Surat (Second Property), Kozhikode, Nagpur and Ghaziabad.
Cinépolis has opened the largest Cinépolis Megaplex in Seasons Mall, Pune with 15 screens and another Megaplex at Viviana Mall, Thane with 14 screens with IMAX, 4DX, and Dolby Atmos. Cinepolis Kochi operates 3 VIP screens, first of its kind in India. Cinépolis also has its sub-brand in India known as Cinemastar. It was opened in December 2010 in Thane.
Cinépolis USA, which is headquartered in Dallas, Texas began operating luxury theaters in the United States in 2011. In November 2018 it revived the classic Bay Theatre in Pacific Palisades, California, as a plush five-screen cinema that features a coastal-themed menu at its concession stand, including an extensive wine list. One auditorium of the new Bay Theatre is equipped with an increasingly rare 35 mm film projector. It will also have a 12-screen luxury movie theater in the Hollywood Park neighborhood in Inglewood, California next to SoFi Stadium.
On October 2018, Cinépolis announces partnership with Cinemaxx, owned by Indonesia's Lippo Group, by acquiring 40% ownership stake. Cinemaxx, at that time, operates 45 theaters with 225 screens. Following the acquisition, Cinépolis opened its first cineplex on September 18, 2019 at Mataram, West Nusa Tenggara followed by the rebranding of all Cinemaxx multiplexes into Cinépolis until Q4 2019.
In 2003, Organización Ramírez created the Cinépolis Foundation to help underprivileged people get medical care and education. Its mission is to contribute to social justice in Mexico through visible health programs. In 2007 the foundation was awarded the International Accomplishment in Exhibition for its work in promoting activism within the Mexican community. The Foundation's program, Del Amor Nace la Vista (From love the sight born) has been recognised as The Best Practice in Social Responsibility. They have signed association deals with twelve organizations in Mexico.
Within Mexico in March 2015, an article from the Mexican edition of the Forbes magazine revealed that Cinepolis along its rival movie theater chain Cinemex, were fined $7 million pesos each for directly disobeying instructions by the Intituto Nacional Electoral (INE, National Electoral Institute), by showing political propaganda of the Partido Verde Ecologista de Mexico (Ecologist Green Party of Mexico), with the political party itself being fined $35 million pesos. In 2017, the Del Amor Nace La Vista charity foundation of Cinepolis was criticized for allegedly leaving 100 Mayan indigenous people blind due to negligence.Cinepolis said it was only two, and no negligence was detected within the operations.
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