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Ster-Kinekor

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Ster-Kinekor
Company typePublic
IndustryEntertainment
HeadquartersSouth Africa,
Sandton
,
South Africa
Number of locations
32
Websitehttps://sterkinekor.com

Ster-Kinekor is a South African-based cinema company, and the country's largest movie exhibitor. It represents 60-65% of the market, having 32 cinema complexes consisting of 342 large-scale screens and 47 961 seats; 124 state-of-the-art 3D screens across the country (Commercial, 3D, IMAX, D-BOX, Kids’ Cinema, Nouveau and Cine Prestige) with 129 in South Africa. In Africa, the company operates in 6 cinema complexes with 33 screens and 4 077 seats in Africa.

Its head office is at the Ster-Kinekor Office Park in Sandton, Johannesburg.[1]

Ster-Kinekor holds the largest market share of cinemas in South Africa, followed by Nu Metro Cinemas. Smaller, independent operators, including CineCentre, Movies@, and Epic Cinemas, make up the rest of the market.[2]

In 2021, following losses attributed to the COVID 19 pandemic, the company filed for "business rescue" and was aquired by investment firms 'Blantyre Capital' and 'Green Point Capital'.[3] In 2024 they announced plans to close 9 locations, with 239 staff redundancies.[4]

References

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  1. ^ "Contact Us." Ster-Kinekor. Retrieved on 27 September 2011. "Physical Address: Ster-Kinekor Office Park 185 Katherine Street Eastgate Ext.4 Sandton"
  2. ^ "Ster-Kinekor vs Nu Metro: movie ticket prices in South Africa". BusinessTech. 16 Jan 2020. Retrieved 2020-08-15.
  3. ^ Larkin, Philippa (1 March 2022). "Hope for Ster Kinekor exit from business rescue in sight". IOL. Retrieved 30 December 2024.
  4. ^ Rajgopaul, Dhivana (17 April 2024). "Ster Kinekor retrenching over 200 employees, as it shuts down 9 cinemas". IOL. Retrieved 30 December 2024.
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