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Business

DoubleDragon, ABS-CBN tie up for CityMall cinemas

Iris Gonzales - The Philippine Star

MANILA, Philippines – DoubleDragon Properties Corp., the listed property and mall developer of Mang Inasal founder Edgar “Injap” Sia II and Jollibee Foods Corp. chairman Tony Tan Caktiong, has partnered with broadcasting giant ABS-CBN Corp. to roll out cinemas in CityMall Commercial Centers in various provinces around the country.

Ten cinemas, each with a seating capacity of 100 to 120 seats, are scheduled to open in the second quarter of 2017 in Tagum City-Davao, Victorias City, Negros, Anabu-Imus Cavite, Cotabato City, Bulua-Cagayan de Oro City, Koronodal City, Consolacion-Cebu, Mandalagan, Bacolod City, Sta. Rosa-Nueva Ecija and Dumaguete City.

“Today, marks the completion of the three strong corner points which will solidify the future dominance of CityMall all over the country. We will now have the best modern retail brands, the strongest fastfood brands, and leading entertainment all in one roof,” Sia said yesterday following the signing agreement with ABS-CBN chairman Eugenio “Gabby” Lopez III.

ABS-CBN is the latest addition to the list of CityMall’s strategic partners such as the SM Group, the country’s largest retailer and the Jollibee Group, the country’s largest fastfood chain.

Hannah Yulo, DoubleDragon Properties Corp. chief investment officer said CityMall also aims to roll out cinemas in all of its other CityMall sites across the country.

ABS-CBN subsidiary Star Cinema is the country’s largest motion picture company and has produced the highest grossing Filipino films of all time.

In addition to being able to see Filipino blockbusters on release date, moviegoers can also expect to see international box office films and enjoy cutting edge digital facilities at the CityMall Cinemas, Sia said.

 

 

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