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CGV Cinemas, South Korea

Korean Cinemas Profitable at Home But See Overseas Loss

The latest figures from Korea’s largest cinema operators highlights an uneven recovery across Asia but a slow return to profitability in their home market. While CJ CGV saw a year-on-year decrease for the second quarter of 2022, Lotte’s cinema operation returned to profit for the first t…

Universal's "Minions: Rise of Gru"

CJ Exclusive: Russia’s Largest Cinema Chain Abandons Piracy Plans

Russia’s largest multiplex operator has abandoned plans to show Hollywood films by utilising a loophole of dubious copyright legality. United chain Kino Park and Formula Kino was getting ready to screen Universal Picture and Illumination’s “Minions: the Rise of Gru” as a ‘cinema product’. However, t…

Vue West End Reopening - Marquee and Exterior

Vue Creditors to Take Control of the Cinema Operator

Vue International is said to be close to an agreement that would see a significant proportion of its debt converted to an ownership stake by its largest credit holders. The third biggest cinema chain in the United Kingdom and Europe is said to be close to a GBP £1 billion (USD $1.182 billion) recapi…

Chinese $450m Cinema Merger Points to Recovery

Chinese cinema operator Hengdian Film and Television (known as HG Entertainment) looks set to become the country’s second largest operator, following a proposed Shanghai Xingyi Cinema. This is the first large-scale merger and acquisition in China since the start of the pandemic, and points to…

Picture House, Uckfield, is a family-run business

Premiumising the Picture House During a Pandemic

It’s the middle of 2020, and the world is in a state of chaos. Lockdown is the new norm, life as we know it has turned upside down, and, quite frankly, things are pretty bleak. Wanna go watch a film at the cinema? Or go for a bite to eat? Or even go to theRead More

Protests Against Lady of Heaven at Cineworld

“Cancel Culture” or Business Sense: UK Cinema Chains Withdraw Controversial Films

“With some half-baked performances, and the odd tinge of cockney creeping in, it feels a bit too apparent that the cast hail from closer to Mile End than Medina.” Given such a tepid review (in this case from The Guardian), how could a film seemingly this innocuous become the subject of such cinema c…

Why Italian Cinema Recovery Lags the Rest of Europe

While the rest of Europe’s cinemas are recovering from pandemic closures, Italian cinemas are still struggling. Although every local business sector suffered an economic setback, the Italian cinema industry has been the market most impacted by the laws implemented to contain COVID. To this day cinem…

Landmark Theatres Pico Boulevard Location

Landmark Theatres to Close Its Flagship Los Angeles Location

Los Angeles is losing another prominent movie theatre at the end of May as Landmark Theatres announced the closure of its Pico Boulevard location. The exhibitor opened its 12-screen flagship cinema 15 years ago on the westside of Los Angeles and it has been a cinephile favorite ever since. The venue…

Half of Russia’s Cinemas Under Threat of Closure

Russia’s cinema trade body has warned that around half of the country’s cinemas are under threat of closure following the economic sanctions against the country due to the ongoing war in Ukraine which saw Hollywood halt the release of new films. The Russian Association of Theater Owners…

PVR Inox

Indian Multiplex Giants Merge at Scale to Beat Streamers

Indian multiplex rivals PVR and Inox Leisure have announced plans to merge and create the biggest film exhibitor in the country. Subject to approval, the merged company will be called PVR Inox Ltd and operate 1,546 screens across 341 properties and 109 cities. This is a combination of PVR, which has…

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