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…

CJ Cinema (ROW) Property Update – Thursday 20 July 2017

Australia: Palace Melbourne Japan: Aeon Chofu, United Cinemas Okinawa Israel: Yes Planet¬† Zikhron Yaakov Poland: Helio Katowice USA: Bow Tie Troy, Montclair Imax, Boulder art-house, GQT Lafayette India: Mukta A2 x2, SPI Bengaluru, Inox Noida, PVR Kota France: 4 Delta…

CJ Cinema News Digest – Tuesday 18 July 2017

CGV and Megabox fight back against Lotte, CGV Q2 results buoyed by overseas, Vue for sale, Mk2 3rd biggest in Spain, Odeon’s ‘blockbuster tax’, Chennai GST ticket sales drop, Abirami drops ‘convenience fee’, ¬†Indian cinema ad grows 20%, France cinema…

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