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NEWS

China 3D audience

Daily Cinema Digest – Fri/Sat 14-15 March 2014

While India is interesting as a cinema market (see yesterday’s Daily) it is China that matters as far as Hollywood is concerned, with Mainland BO set to overtake the US in as little as four years. So domestic Chinese cinema news is of international importance and with multiplexes approaching…

China, Japan and South Korea

Homegrown Movies Help Asian Box Office Surge To Record Levels

I wonder if senior management at the big three Detroit automakers during the late 1970s and early 1980s experienced the same sense of pending anxiety that many Hollywood studio executives must presently feel. You see, as the media and certain members of the industry spent this past summer lamenting…

Major Studio Release Windows

Studios Find A Backdoor Into Shorter Theatrical Release Windows

History may remember this past summer’s blockbuster season more as the one when studios successfully shortened the theatrical window by three weeks, rather than as the one in which numerous $200 million tentpole films failed at the box office. Sure, the latter seems to be getting all the press…

Korean exhibitors guilty of price collusion

South Korea’s four largest exhibitors have been found guilty of a number of unfair business practices by the country’s Fair Trade Commission. CJ CGV, Lotte Cinema, Megabox and Primus Cinema, which between them account for more than half of the country’s cinemas screens and over 70…

Korean cinema rivals unite for digital

In the first international example of digital cinema bringing together exhibitor adversaries, South Korea’s CJ-CGV and Lotte Cinema have pacted for a digital cinema deployment venture. The two cinema majors have formed a 50/50 joint venture to accelerate digital cinema deployment in a country…

South Korean cinema industry sings the blues

All is not well in the South Korean film and cinema industry, or rather, not as well as it had been for the past few years. South Korea has recently been on of those rare territories where local films outperformed Hollywood imports. But now things are in decline and the slump is based on illegalRead…