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NEWS

Korea’s CJ CGV to Become “World’s Largest Cinema Chain”

South Korea’s CJ CGV has gone public about its ambition to become the world’s largest cinema chain through “aggressive expansion” in the United States, couple with growth in emerging markets like India and Latin America. The aim is to have 10,000 screens globally by 2020, wit…

Oculus cinema

Looking Past the Headlights: The Next 10 Years in the Entertainment Industry

This article is re-printed from Medium because we feel it will be of interest to readers of CJ and we believe it deserves a wider audience. Ben Johnson at Gruvi kindly agreed for us to re-publish it here. This article is Part 3 in a series of 3. If you would like to read the firstRead More

German Cinemas Threaten “Star Wars” Boycott

Small and independent cinemas in Germany are threatening to boycott Disney/Lucasfilm’s “Star Wars: the Force Awakens” over unfavourable screening terms. Amongst many points of contention Disney is said to be enforcing a minimum ticket price that is seen as too high for small towns,…

Imax Shanghai

Imax Q3 Earnings Up, Pins Hope to China, Blasted for “Star Wars” 70mm

Meanwhile there is an online backlash growing that “Star Wars VII” will only be screening in Imax 70mm in 11 US states (not including Washington DC) and one Canadian province. By way of comparison, “Interstellar” opened on four times as many 70mm screens. In total “Star…

Concessions and Re-seating (Not Films) Give Regal Strong Q3

USA (TN) – Regal Entertainment Group, the biggest cinema operator in the US, has reported third quarter financial year 2015 figures, which were slightly above expectations thanks to strong concessions sales. Total revenue was up by 4.5% year-on-year to USD $725 million, but net income was down…

JT Bioscopen Dolby Cinema

Why Vue’s Acquisition of JT Signals Merger Mania Ahead

Vue has acquired Dutch exhibitor JT Bioscopen in a deal valued at EUR €85 million (USD $97.5 million). The deal is significant in that it represents the first time Vue is acquiring purely for size rather than growth. It also portents a consolidation of the global exhibition sector, with more mergers…

Premium seating Peanuts-style (NB: not the session panelists)

CineEurope: Cinemas’ Position in the Experience Economy; The Move to Premium, Driven by Innovation

This post is a transcription composed in real-time during one of the many seminars at CineEurope 2015 in Barcelona, Spain. As such we often paraphrase the presentations being given. The session description summed up this panel well: “Experiences” are what consumers are now looking for, w…

Wang Jinlian

Insider Trading Questions Raised About Wanda’s Shimao Acquisition

Chinese shares have taken a major plunge in the past few weeks, including those of Wanda Cinema Line Co., which in response promised to expand and acquire aggressively in a move to defend its share price. Yet questions are now being raised about one Wanda’s most recent acquisitions in China, w…

Shotime Analytics

CineEurope: Interview with Showtime Analytics’ Joe Spurling

In the run-up to CineEurope 2015 CJ is interviewing and profiling several leading companies, trade bodies and people to capture the mood of the cinema industry in Europe. It may have ben Showtime Analytics’ first CinemaCon this year, but the company attracted a lot of interest both on and off…

Shanghai Film Group Signs Cinema JV With China’s Retail Giant Bailian

Shanghai Film Group and retail major Bailian Group have thus signed a strategic cooperation agreement to established a 51-49 joint venture investment company for theater chains. State-owned and Shanghai-based Bailian Group is China’s largest retailer and is involved in everything from departme…