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Dublin’s Showtime Analytics receives €1.2m Investment from Alibaba
07 Dec 2016 : Katie McNeice
The Irish start-up company collates and analyses data in real time for cinema chains and distributors, with clients in more than sixty countries. The investment will see this capacity merge with those of Yeuke and Finixx, subsidiaries of the Alibaba Pictures Group.

Showtime was founded in 2014 by Paul Lynch, Richie Power and Joe Spurling, and helps to inform management decisions through examining areas such as attendance habits, viewer preferences, box office, merchandise sales and similar.

Yueke is at the forefront of software development for Chinese cinemas and was acquired by Alibaba Pictures last year, with its Finixx system is used in thousands of cinemas and thirty online movie ticketing platforms.

Richie Power, Showtime CEO:
This investment only marks the beginning of Showtime’s global journey. Ultimately, our business is about more than just helping cinemas sell more tickets. Data analysis is in its infancy in the movie industry, but its potential value is huge.

“Alibaba Pictures is a market leader in the Chinese movie industry and understands the needs of cinema-goers and other industry stakeholders. This knowledge, coupled with their investment, will prove invaluable to Showtime, allowing us to build even better products and expand our team in Ireland.”

Li Xiangxiong, General Manager of Yueke:
“With the merger of Showtime’s data analytics capability with Finixx, and taking advantage of the Big Data from the Alibaba ecology, we will be able to offer more data products and services to cinemas in China.

“Finixx, the new generation software for box offices, will undergo a complete upgrade in data operation, services for users, and integration of resources, etc. Eventually, we hope to be capable of conducting real-time analytics of various data.”

“Yueke will grow from being just a software provider into the industry’s most Internet-enabled cinema management platform. Being user-oriented and targeting users’ demand, we will create a new cinematic ecology by producing the best products and connecting the external data and resources with cinemas.”

Visit Showtime Analytics Online 





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