Korean Cinemas Face Pricing Backlash
Korean cinema majors CGV, Lotte and MegaBox have been accused of monopolistic practices in terms of ticket and concession prices.
How Korea Dominates Vietnam’s Cinema Market
Korea's CJ CGV and Lotte Cinemas between them control 65% of the cinema market in Vietnam, a lesson for other exhibitors of smart growth abroad.
Daily Cinema Digest – Wednesday 10 June 2015
India – PVR has acquired DT Cinemas in a deal valued at INR 5 billion (USD $78.33 million), adding a total of 39 screens (29 existing and 10 planned). DT Cinemas is focused on the National Capital Region (NCR) and Chandigarh and was set to be sold to PVR in 2009, but the deal fell apartRead Mo…
Why eSport Is The Next Major Cinema Trend
With the Great Blockbuster Year of ’15 well underway, non-film content in cinemas such as opera, theatre and concerts is seeing its steady rise temporarily eclipsed. But for eSports (electronic sports or pro-gaming) on the big screen this is set to be the breakthrough year. Having already won…
The Silver Secret of Korea’s Most Successful Cinema
Most multiplexes in South Korea see occupancy of just 20% to 30%, but one cinema has figured out the secret of selling out almost every show. It is a model that is now spreading all across Korea as other cinemas jump on the trend. It is also one that will have increasing relevance in Japan,Read More
Daily Cinema Digest – post-Christmas/New Year roundup
Happy New Year to all our CJ reader and may 2015 be a good year for cinema everywhere. Other then the circus surrounding the release of “The Interview”, here are some of the other cinema-related news you may have missed over the holidays. South Korea: A not-so-Merry Christmas for South K…
Daily Cinema Digest – Wednesday 29 October 2014
“Psst, wanna buy a cinema?” That seems to be the not-so-subtle message from Regal, the largest cinema chain in the United States, which unexpectedly put a ‘For Sale’ sign on the front door. Speculations immediately focused on Alibab’s Jack Ma, though my gut instinct is…
Daily Cinema Digest – Friday 12 September 2014
As you may have noticed Patrick von Sychowski is in Amsterdam attending IBC which means you must suffer my attempt at putting together a Daily Cinema Digest. Be sure to check out all of Patrick’s coverage of IBC after catching up on the day’s (or in this case, week’s) cinema news.…
Daily Cinema Digest – Monday 1 September 2014
China (PRC) – Korea’s CGV is expanding aggressively in Mainland China. With its latest opening in Chengdu the city now has more Imax screens than any other in China. In “5 yuan fare” era, the price war to Chengdu nationally known film market, as yesterday, the Korean CGV Star…
Daily Cinema Digest – Monday 7 July 2014
What is the largest cinema screen in the world? According to Guinness World Records it is now in the tallest building in South Korea. So that’s officially official. The screen of the multiplex cinema which will open at the Lotte Cinema World Tower, boasts its unparalleled size in the industry: With…