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CGV share price

CJ CGV to Raise $280m From PE Funds

Korean and global exhibition major CJ CGV is looking to raise around USD $280 million through a private equity placement that would significantly reduce the stake of parent company CJ. The announcement comes as CJ CGV’s share price recovers from step drop and as the cinema operator tries to sh…

Amy Miles of Regal Cinema

Cinema News Digest – Monday 26 January 2018

Miles & Co. exit Regal; “Black Panther” augers well for 2018; 10 Saudi cinemas to open in March; Samsung Cinema LED screen coming to LA; Russian cinema fined for “Death of Stalin”; Aussies protest tax money for cinema; more films dubbed in Poland; iPic IPO raises $15m; CJ…

$108 Million Later, “Black Panther” Slays the Sophomore Slump and Shreds Second Weekend Records. This Weekend at the Boxoffice.

WEEKEND RECAP Well so much for wondering about the holding power of the big black cat. Marvel’s “Black Panther” mauled the competition again this weekend with a gigantic USD $108 million second stanza and its domestic total now stands at a staggering USD $400 million Stateside. It was in…

“Black Panther” Claws Its Way To Massive $192 Million 3-Day Debut. This Weekend at the Box Office.

WEEKEND RECAP It came. It saw. It kicked some ass. Disney/Marvel’s “Black Panther” launch was stratospheres above what was predicted with a three day of USD $192 million and a projected four day in the USD $215-220 million range. The film ended up being the sixth highest three day debut, barely nudg…

Berlinale 2018

Cinema News Digest – Thursday 15 February 2018

Dear Junkies, Today is the start of the Berlin Film Festival (aka Berlinale to locals) and CJ will be taking part in various panels, forums, presentations, meetings, receptions and, who knows, we might even be able to fit in a film or two. German cinema is celebrating a return to growth, with 122.3m…

Russia Is Now Europe’s Largest Cinema Territory

Russia overtook France in 2017 to become Europe’s biggest cinema territory in terms of admissions according to provisional data on cinema attendance published by European cinema trade body UNIC. Around 213.6 million tickets were sold in the Russian Federation, compared to 209.2 million in Fran…

Vue CEO Tim Richards

Vue Makes Plans to Open 30 Cinemas in Saudi Arabia

It’s official. The Saudi Arabian cinema land rush has officially begun. A mere two months after the Kingdom of Saudi Arabia officially allowed for the opening and operation of new commercial cinemas for the first time since the 1970s, the country has at least three exhibitors vying to compete in the…

Black Panther, Early Man, Samson

“50 Shades” Wraps Up Trilogy Nicely With $38 Million Win. This Weekend at the Box Office.

WEEKEND RECAP All in all, that went pretty much according to plan. “50 Shades Freed,” the third and final installment in the Mr. Grey series of books, handily won the weekend with USD $38.8 million, within a mil or two of where we projected it would debut, which actually was the case for all threeRe…

Emperor Cinemas at the Entertainment Building in Hong Kong

Cinema of the Month: Emperor Cinemas – Hong Kong SAR, China

Celluloid Junkie is proud to have partnered with Vista Cinema for the Cinema of the Month series. Vista is the world’s leading cinema management software solutions company. We won’t just be featuring cinemas whose operators use Vista, but we will surely mention when that is the case. We would like t…

Wanda Samsung Cinema LED

China Cinema News – Thursday 8 February 2018

Alibaba acquires stake in Wanda; Taopiaopiao major role in distribution; Wanda gets first Samsung Cinema LED screen; CF-Barco TMS in over 400 cinemas; Red Star Macalline Group buys stake in Tonight cinemas; changing film tastes are bad new for Hollywood; cinemas fight back against third-party ticket…