Cinema News Digest – Monday 16 April 2018

Dear Junkies, No time for introductory words of wisdom as we prepare for CinemaCon. Hope to see you in Las Vegas next week. Drop us a line (tips[at]celluloidjunkie.com) to arrange a meeting or just have a chat over coffee (or…

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…

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…

China Cinema News – Monday 8 January 2018

China’s BO returns to growth in 2017 – just about; interesting cinema year 2018 ahead with BO predicted to his CNY 60 bn ($8.5bn); growth of cinemas in smaller cities but average attendance low; authorities to push cinemas to show…

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…

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 CGV to Open 33 Cinema in Moscow by 2020

Korean cinema major CJ CGV will become the first major foreign exhibitor to expand into Russia, with plans to build 33 cinemas with 160 screens in Moscow by 2020. CJ CGV signed a deal with Russian real estate company ADG…

CJ Analysis: Taking Stock of Cinema Stocks

Shares in North American cinema operators have endured a rough ride this summer, with AMC taking a particular battering following a perfect storm of a weak third quarter (Q3), uncertainty in China (especially over financing from its largest shareholder, Wanda)…

CJ Cinema News Digest – Tuesday 29 August 2017

CGV to buy Karo? US cinema advertising up; ‘Cine Cool’ in eastern France, Alamo goes clowns-only for ‘It’; Cineville stormed on terrorist fears; “Game of Thrones” in cinemas; LightVibes to foil piracy; Cinepolis Kochi closed; “Gone With the Wind” de-programmed…

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