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CGV Launches Combined Cinema + Streaming Subscription Scheme

Korean cinema major CGV is set to launch a combined cinema and streaming subscription service. The CGV PLUS (CGV+) service will enable audiences to consume movies and TV shows both in multiplexes and in their homes. The scheme is a partnership with Korean SVoD service TVING, which streams Korean and…
Cineworld In A Time of Bankruptcy

Cineworld In A Time of Bankruptcy – Part 1

By the beginning of September, Cineworld Group’s potential bankruptcy was so widely reported and broadly anticipated that when the company officially filed for Chapter 11 protection on 7 September, most major media outlets buried their coverage in the business section. Few, if any, of the…

CJ Interviews: Kamal Gianchandani – CEO, PVR Pictures

Back in July Celluloid Junkie spoke to Kamal Gianchandani – CEO, PVR Pictures and President of The Multiplex Association of India (MAI) about how the Indian cinema market had recovered post-pandemic. A selection of this interview was shown at the CJCinemasummit. J. Sperling Reich: Joining us n…
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…
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: 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…
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…
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