CinemaNext Archives - Page 6 of 6 - Celluloid Junkie

Cineworld Belfast

Cineworld Weighs Its Financial Future

Just two days after taking the drastic step of alerting the investment community of its declining liquidity position, Cineworld Group, the world’s second largest cinema chain, is now allegedly readying to file for bankruptcy. The Wall Street Journal reported on Friday 19 August that the compan…

Kevin B. Lee and Hito Steyerl at the 75 Locarno Film Festival

Kevin B. Lee Talks Future Challenges of Film Exhibition, Attention Economics at Locarno

During this year’s Locarno Film Festival (3-13 August), in Switzerland, Celluloid Junkie caught up with Kevin B. Lee, Professor for the Future of Cinema and the Audiovisual Arts at Lugano’s Università della Svizzera Italiana. We met the lecturer and video essayist after he took part in a one-hour co…

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…

Problems Related to the ‘Hazard Zone’ in New and Renovated Cinemas

Despite the ongoing consequences of the COVID-19 pandemic on the severely affected events industry, which is gradually recovering, new investments in the form of conversions or new buildings for event venues and other cultural institutions are inevitable. The population remains “film-hungry…

Why Cinema is Designed to Make a Lasting Impact

The Science Behind the Impact of Cinema

On 7th July, cinema advertising company Digital Cinema Media (DCM) hosted their UpFronts Showcase at the Odeon Luxe in London’s Leicester Square. The morning’s presentations focused around a theme of “cinema as attention leader” (not the official title) and a data presentation was given to support t…

Universal's "Minions: The 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…

CineEurope 2022 - Trade Show Floor

CineEurope 2022: Wired for Sound

For those who attended this year, it’s safe to say that CineEurope 2022 was a great success. Attendance numbers were at least double that of the 2021 convention (itself a success in terms of ambience and getting the cinema community back together again) and there was a definite feeling that “cinema…

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

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