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UPDATE 1-'No Time to Die' breathes fresh life into UK cinema chains

Mon, 27th Sep 2021 16:44

* Cineworld says several screenings already sold out

* Odeon sells over 175,000 tickets in pre-bookings

* Odeon adds over a third of tickets booked people over 46
(Adds comments from Cineworld, UK Cinema Association)

By Muvija M

Sept 27 (Reuters) - Advance ticket sales for the latest
James Bond movie at UK-based cinema chains Odeon and Cineworld
were at levels last seen in 2019, setting it up to be
the biggest opening since the pandemic gripped the industry.

Odeon said on Monday it has sold more than 175,000 tickets
for "No Time to Die", the latest instalment in the spy series
set to hit the big screen this week. Cineworld said it marked
its highest pre-selling film since Marvel's superhero movie
"Avengers: Endgame" in 2019.

The movie, Daniel Craig's last outing as the special agent,
was postponed at least three times from its originally planned
April 2020 release as the coronavirus outbreak forced cinemas
around the world to close.

Cinema operators have been banking on the popularity of the
decades-old Bond franchise to accelerate a revival in a sector
trying to get back on its feet in the face of lingering concerns
about coronavirus and competition from streaming services.

Cineworld said there were already "several sold out
screenings".

"In the opening 24 hours, only 2 films have sold more
tickets than NTTD ("No Time to Die") in the past 5 years," said
Cineworld, the owner of Regal Cinemas. Its shares were up 11% by
1515 GMT.

NEVER TOO OLD FOR BOND

Bond is attracting older cinema-goers in particular - AMC
-owned Odeon said that more than one-third of the tickets
were booked by people over the age of 46.

"The latest Bond film, 'No Time to Die', is set to be the
biggest opening at ODEON cinemas since summer 2019,"
London-based Odeon said.

The company added that attendance at its UK venues this
month was tracking 10% above pre-crisis levels, boosted by
demand for the 25th Bond film.

"The release of a James Bond film is a big event in any year
... but never more so after the last 18 months," UK Cinema
Association head Phil Clapp said.

"It would be wrong to place the weight of expectation too
much on the shoulders of one title," he said in an email,
pointing out a packed slate of movies in the coming months
including science-fiction epic "Dune", as well as sequels to the
superhero movies Venom and Spider-Man.
(Reporting by Muvija M in Bengaluru
Editing by Keith Weir, Mark Heinrich and Giles Elgood)

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