LONDON — Everyman Media Group is negotiating to buy indie U.K. exhib chain Screen Cinemas.
Variety understands that talks have reached an advanced stage.
Everyman topper and property developer Daniel Broch has been expanding the media group ever since re-vamping the ailing, arthouse Everyman cinema in the North of London and re-branding it as the Everyman Cinema Club in 2000 as a leisure brand.
Backed by a consortium of deep-pocketed investors, Broch launched the Everyman Media Group in 2006 and has set about a £100 million ($152 million) expansion of the company, with plans to open 50 new sites over the next five years.
Last year, Broch inked a deal to build a 20,000 square foot development in London’s Hammersmith, which will include four Everyman screens as well as function rooms.
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