Worldwide Box Office Slowly Sputters To Life As Cinemas Reopen

Global data kindly provided by Comscore.  With almost 50% of cinemas around the world back in business, the big screen is stretching and coming out of its deep sleep. “Tenet” tickets have gone on sale, spreading like wildfire across social…

The First Post-COVID Blockbuster Hit Isn’t a Hollywood Film

With cinemas re-opening all over the world, but major Hollywood tentpoles either repeatedly postponed or going straight-to-VoD, returning moviegoers have had to make do with holdover titles (“1917,” “Little Women”) and older re-releases (“Jaws” and “Jurassic Park” topped North American…

Coronavirus Cinema Update – Friday 13 March 2020

This post will be updated throughout the day (13 March 2020) as news emerges and things change at a fast pace. Thank you also to all those who have sent in news and kept us informed. Please send updates you…

Coronavirus Cinema Update – Tuesday 10 March 2020

As Bond is followed by the bunny in getting its release date shifted, with SPE’s “Peter Rabbit 2: The Runaway” moved from March 27 (Easter) to August (five month later), we look at the latest news from around the world…

COVID-19 Cinema Update – 2 March 2020

Here is a roundup of the latest news in the global cinema market as it relates to the coronavirus COVID-19 outbreak. China – Beijing Municipal Government held its 34th coronavirus press conference, stating that the local cinema industry is not…

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…

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 Cinema News Digest – Friday 9 June 2017

Regal, AMC & Imax shares slump, Korean cinemas boycott Netflix film, CJ CGV’s billionth customer, S. Korea attendance down – profits up, are S. Korea’s Big Three hurting indie film, French sing-a-long try, Tunisia boycotts “Wonder Woman”, chaos in Colombia, fracas…

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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