Cinema News Digest – Friday 14 September 2018

Dear Junkies, Here at CJ we don’t care to join in the Moviepass bashing, but we are curious how the cinema subscription service is working and what impact it is having on the larger US cinema market. Our musings last…

Cinema News Digest – Friday 24 August 2018

Dear Junkies, We are back after the summer break and look forward to an exciting autumn of cinema news, analysis and releases. As always, thank you to those of our readers writing in and keeping us informed. Regards, Patrick Banner…

Cinema News Digest – Tuesday 17 July 2018

Dear Junkies, It’s been a year since Samsung launched the first LED Cinema screen in Korea on 13 July. Today the projector-less Onyx screens can be found in eight countries and 12 multiplexes, with the latest in Traumpalast Esslingen in…

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…

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