WTW and SCOTT CINEMAS TO JOIN FORCES
Two of the country's longest running independent cinema exhibitors have announced that they are joining forces. Cornish based WTW Cinemas is taking a ‘substantial shareholding' in Devon based Scott Cinemas.
The deal will see Scott Cinemas operational business renamed as WTW-SCOTT Cinemas, while continuing to trade to the public as Scott Cinemas. Scott Cinema's Managing Director, Peter Hoare, remains in that role. Fellow Scott Cinemas Director Jon Hindson is being joined on the management board by Scott's Dan Harris, who has been promoted to Operations Director, and David, Mark and Robert Williams who are Directors of WTW Cinemas.
Peter Hoare stated: ‘With Scott’s established offices for accounts, IT and media and WTW’s knowledge and track-record of delivering high quality new build cinemas we feel sure that the two companies will complement one-another. It will ensure the continuity of Scott Cinemas and will not affect any of the Scott cinema and office staff. In terms of purchasing, negotiating and following through on new opportunities currently under discussion this move will greatly strengthen both companies. At a personal level I have known all 3 generations of the Williams family involved thus far in the business and have great respect for the quality of their cinemas and the values they uphold. It will be a great opportunity to be working with them and we all feel that our founders, the late Ronald Williams and C.C.W. Scott would smile upon this development.’
Director Mark Williams of WTW Cinemas commented ‘We are very pleased to become a partner in Scott Cinemas, and look forward to working alongside Peter and his team. As fellow long established cinema operators we are excited to be part of the plans for both the existing and potential new cinemas. There are many similarities between the two businesses and we look forward to sharing information and experience. We believe that there are many synergies that can be developed between our two companies. This is an exciting time for cinemas as admissions have been strong in recent years and there is an exciting set of films on the horizon.’
Scott Cinemas was founded in the 1960s by the late Charles Scott, who at the time was the manager of the Alexandra Cinema in Newton Abbot. Peter Hoare took over the business in the 1980s with Scott Cinemas currently operating cinemas in Barnstaple, Bridgwater, Bristol, East Grinstead, Exmouth, Newton Abbot and Sidmouth. The Central Cinema in Barnstaple was named Independent Cinema Of The Year in 2008.
WTW Cinemas are one of the longest established independent cinema operators in the UK, having been formed in St Austell in 1945. The company operates four cinemas in Cornwall at Newquay, St Austell, Truro and Wadebridge. The Newquay and St Austell cinemas are four-screen state of the art new builds. The company has been owned by the Williams family since it was created. The Plaza Cinema in Truro was named Independent Of The Year in 2006, with the White River Cinema in St Austell winning the same award in 2011. David Williams was awarded an MBE for services to Regional Cinema in 2013.
Mr. Daniel Harris – dharris-AT-scottcinemas.co.uk
Mr. Mark Williams - mark.williams-AT-wtwcinemas.co.uk