First multiplex cinema closure in Czech Republic
Prague’s Novodvorská Plaza is the first multiplex cinema in the Czech Republic to close, the Union of Film Distributors has announced. The five-screen cinema’s management has said that it is shutting due to a lack of customers and general unhappiness with the state of business. Its owners, Cinema City, still have three other multiplexes in Prague and one in Plzeň. According to the Union of Film Distributors, the market for such multi-screen cinemas has been growing constantly in recent years. Last year, the country’s hitherto 25 cinema multiplexes took in a total of 940 million CZK (47 million USD) between them.