EXCLUSIVE: CJ Interviews Paul Donovan, former CEO of Odeon & UCI

Having turned around the fortunes of Odeon & UCI, the company’s CEO Paul Donovan stunned the cinema industry by announcing that he was stepping down shortly after the exhibitors’ sale to Wanda-owned AMC. After a period of well-deserved holiday, decompression and…

CGV Plants Flag in United States with Buena Park Opening

On Friday, January 27th CJ CGV, the South Korean based cinema operator, jump started its expansion into the United States market when it opened a brand new theatre complex in Buena Park, California. The venue, which will act as their…

Huayi Bros Targets Wanda With Dadi Investment

The rivalry between the Dalien Wanda and Huayi Brothers is intensifying, with Huayi investing CNY ¥78.85 million (USD $11.5 million) for 95 million shares in Dadi Cinemas, China’s second largest cinema chain. The deal gives Huayi Bros a 4.56% stake…

GST Tax Reform Boosts Indian Multiplexes

The introduction of the Goods and Services Tax (GST) in India looks set to add 4%-5% to the EBITDA of multiplex operators like PVR and Inox in a major boost for the sector. …

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