Cineworld Group PLC was incorporated in United Kingdom on August 23, 2004. The Company has two operating segments: UK and Ireland, and Central and Eastern Europe and Israel (CEE&I). In the UK and Ireland segment, its brands include Cineworld and Picturehouse. Cineworld is a cinema chains by Box Office revenues. The cinemas are modern, well designed multiplexes with stadium and allocated seating, situated mostly in leisure and retail parks. Picturehouse provides local and intimate film viewing experience having created cinemas of architectural merit. In the CEE&I segment, its brands include Cinema City, and Yes Planet and Rav-Chen. Cinema City operates in six Central and Eastern European territories. The cinemas are all modern, well designed multiplexes with four or more screens, have technologies such as IMAX, 4DX and VIP. Yes Planet and Rav-Chen are the two brands the Company operates within Israel. Yes Planet offers IMAX, 4DX and VIP screens to its customers. The styles and designs of the cinemas are a mixture of modern, multiplexes and local community cinemas, some of which were the first cinemas to be built in Israel. The cinemas show a range of popular films in comfortable surroundings to a large number of customers. The Company operates in approximately nine different countries. The Company's business and operations are affected by central and local regulations covering such matters as planning, the environment, health and safety, licensing, food and drink retailing, data protection and the minimum wage.
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