Lotte Cinemas Archives - Celluloid Junkie

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CGV Cinemas, South Korea

Korean Cinemas Profitable at Home But See Overseas Loss

The latest figures from Korea’s largest cinema operators highlights an uneven recovery across Asia but a slow return to profitability in their home market. While CJ CGV saw a year-on-year decrease for the second quarter of 2022, Lotte’s cinema operation returned to profit for the first t…

Russia cinema fire Kemerovo. (photo: Russia Crime)

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 something stronger). Regards – Patrick Russia cinema fire investigat…

Lotte Cinema 'hand pay' biometric reader. (image: Lotte Cinemas)

Cinema News Digest – Tuesday 13 March 2018

Dear Junkies, Disney/Marvel’s “Black Panther” is a billion dollar global phenomenon, having just taken USD $66.5 million China. The only part of the world where audiences aren’t flocking to cinemas by the millions to see this take on all-black cast superheroes and Afrofuturis…

Saudi Arabia Cinema screening

Cinema News Digest – Friday 9 March 2018

Saudia Arabia issues cinema licences; Lotte to spin off cinemas; US $1bn BO February; Samsung Cinema LED insights; Cinemark Movie Club 120K member; Vue’s Tim Richards interviewed; Indian cinema growth; VPF revolt in south India; Côté Cinema becomes BoxOfficeFrance; MoviePass CPO hired; Comedie…

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…

Regal Entertainment Group

Cinema News Digest – Tuesday 6 February 2018

Dear Junkies, Cineworld’s shareholders have approved the USD $3.6 billion merger with Regal, something that was never really in doubt given that the largest voting share (29%) is controlled by the Greidinger family that proposed the merger. In the end 87% of shareholders voted in favour. The…

Yelp Luxury Cinema Madrid

Cinema News Digest – Thursday 18 January 2018

Dear Junkies, Average ticket price in the US went up 3.69% to USD $8.97 in 2017. Cue usual hysterical headlines (THR: ‘Average Price of a Movie Ticket Soars to $8.97 in 2017‘ – really, “soars”?), particularly when coupled with the drop in admissions. And, yes, this is t…

CJ CGV CEO Seo

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 major Asian and European markets, but with domestic adm…

Cinema News Digest – Tuesday 7 November 2017

Dear Junkies, Tomorrow Wednesday we will attempt a LIVE streaming on Celluloid Junkie’s Facebook page: ‘Like’ Celluloid Junkie on Facebook to watch me give a presentation at 10:15 AM CET on ‘Global Cinema 2017 – from AMC to Zuckerberg‘ at the Film & Kino confe…

Intel VR ad (cropped)

CJ Cinema News Digest – Tuesday 17 October 2017

Dear Junkies, VR is a poor fit for cinema. So why is everyone from AMC and IMAX to Paris art-house exhibitor MK2 leaping into the virtual reality business? Hype and fear of being seen to be overtaken by new technology/content is a large part of the reason. Cinemas can’t screen Netflix shows, b…