Business Daily meets: Cinema boss Tim Richards
Business Daily
BBC
4.4 • 816 Ratings
🗓️ 27 June 2024
⏱️ 17 minutes
🧾️ Download transcript
Summary
The CEO of Vue International started out as a high school drop out as he wanted to concentrate on a snowsports career.
We hear how, when that didn't work out, Tim Richards ended up entering the film industry and eventually starting his own cinema chain in his garage.
Vue is now Europe's largest privately owned cinema chain but it hasn't been an easy ride - Tim tells us how the company has weathered both the Covid pandemic and the Hollywood writer's strikes. Presenter: Leanna Byrne Producer: Amber Mehmood
(Image: Tim Richards. Credit: Getty Images)
Transcript
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| 0:00.0 | Hello, I'm Leanna Byrne and welcome to Business Daily Meets on the BBC World Service. |
| 0:05.0 | This is where we bring you in-depth interviews of people in business from across the globe. |
| 0:09.5 | Now grab your popcorn or your favourite snack. |
| 0:11.9 | Sit back and relax because today it's all about movies and the cinema industry. |
| 0:28.2 | Today we're meeting Tim Richards, the founder and CEO of View International, and he's a film fan. |
| 0:33.2 | I have favourite genres of films. I have favorite horror and romantic comedies and foreign films, |
| 0:37.7 | but I think kind of standouts would probably be apocalypse now. |
| 0:42.0 | View International is a cinema chain operating across eight European countries with a total of 1,962 screens. |
| 0:46.6 | We'll hear how working in the film industry wasn't always Tim's dream. |
| 0:50.7 | I'm technically a high school dropout, |
| 0:53.1 | and I decided at that time to leave and to really |
| 0:57.3 | try and pursue a career in skiing and sports. So how does someone go from dropping out of school to |
| 1:03.6 | snow sports to a lucrative legal career and then setting up his own chain of cinemas? My father and |
| 1:10.2 | grandfather were both entrepreneurs, |
| 1:11.7 | and it just felt like the right time to try. |
| 1:14.3 | And so I put a business plan together and hit the streets. |
| 1:18.0 | Close to half of my friends, in quotes, didn't return calls. |
| 1:21.9 | But as you'll hear, it hasn't been the easiest of paths to success. |
| 1:25.6 | And in space of three weeks, we closed every cinema in nine countries. |
| 1:30.7 | It was just one of those apocalyptic moments. |
| 1:33.7 | We are, for the first time in four years, we're back in business. |
| 1:38.4 | I have not stopped. |
... |
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