Korean Cinema Operators Look Abroad for Growth

South Koreas largest cinema operators are looking abroad for growth as the number of overseas cinema admissions overtakes that of Korea this year for the largest operator CJ CGV. Both CGV and Lotte have already a significant presence in several…

Cinema News Digest – Tuesday 5 December 2017

Dear Junkies, Cineworld’s purchase of Regal is a bit like a python swallowing a goat – it can be done, but the initial result will be more goat than snake-shaped. Once investors and analysts had time to digest the proposed…

Cinema News Digest – Monday 20 November 2017

Paramount VR ‘cinema’; Bloomberg’s Q3 summary; CGR buys Cap’Cinema; Cinefamily to close after scandals; first cinema to boycott ‘Star Wars VIII‘; PVR expands VKAAO; re-birth of community cinemas in UK; single screens cling on in UAE; Bernadette McCabe joins MoviePass;…

CJ CGV Plans to List its Foreign Subsidiaries

South Korean cinema major CJ CGV is set to stock market list its overseas cinema operation according to reports in Korean financial media. According to ChosunBiz CGV will begin with an initial public offering (IPO) of its Vietnamese subsidiary in…

Cinema News Digest – Tuesday 14 November 2017

Dear Junkies, MoviePass has paid AMC USD $11.88 on average for each cinema ticket sold, AMC data shows. Not a bad deal for customers paying USD $9.95 per month, but not a business model that is sustainable in the long…

CJ Cinema News Digest – Tuesday 10 October 2017

Dear Junkies, We are still catching up on the backlog of news from September, so there is both old and new items in this issue, but hopefully something of interest: Cinemex buys Cobb; Kiwis have faith in cinema; Emagine launches…

CJ Cinema News Digest – Tuesday 19 September 2017

AMC CEO buys AMC shares; Regal & AMC both set to rise; MoviePass (not) a ‘unicorn’; ‘Burkha’ is Indian PVoD hit for Amazon; Genesis expands to Cameroon; CGV ‘cultural playground’; ‘Matilda’ threats to Russian cinemas; “It” fight in St Petersburg…

Asia-Pac Cinema Property Update – Wednesday 23 August 2017

Korea first Cine Q, CGV in Bulsan; China new Cinker, oval dome IMAX; Japan Aeon in Nagano; India PVR Icon & regular multiplex in Pune; Singapore: Cathay in Parkway; Australia Event Cinema Sunshine Coast Closing: Lotte Jeju.  Korea (Republic of, South) – New…

CJ Cinema News Digest – Tuesday 15 August 2017

Paris indie cinema pre-pay card, Helios profits, CGV weak local BO, Inox to grow to +500 screens, UK/US cinema films released annually, tech of S.African cinemas, N.Ireland Cinema Day, new CEO for Nordisk, Indian censor fired, Ozark Henry in Auro…

Korean Cinema Price Hike Leads to Youth Backlash

Korea’s three major cinema chain introduced variable pricing last year and a recent poll by the Film Promotion Committee has found significant resentment to increased ticket and concession prices. The “2016 Theater Consumer Survey” polled 2,089 people aged 15-59. Of these 78.1%…

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