Wanda Cinema Archives - Celluloid Junkie

NEWS

Korea’s CJ CGV to Become “World’s Largest Cinema Chain”

South Korea’s CJ CGV has gone public about its ambition to become the world’s largest cinema chain through “aggressive expansion” in the United States, couple with growth in emerging markets like India and Latin America. The aim is to have 10,000 screens globally by 2020, wit…

Baidu cinema ticket

China Cinema Digest – Thursday 27 August 2015

Online ticket sales through Baidu now account for half of all tickets sold at some cinemas, with particularly strong showings during special promotions on Tanabata Day (Chinese Valentine’s Day). Out of 6.8 million tickets sold across China that day, Baidu accounted for 1.7 million or 25%. In s…

Ent Group China cinema growth 2015

China Cinema Growth Slows Dramatically

New data released by Ent Group shows that while the growth of cinemas in China continued in the first half of 2015, the pace of growth is slowing significantly. According to Ent Group the first six months of 2015 saw an addition of 600 new cinemas with 2,449 screens, putting the total in China atRea…

Wang Jinlian

Insider Trading Questions Raised About Wanda’s Shimao Acquisition

Chinese shares have taken a major plunge in the past few weeks, including those of Wanda Cinema Line Co., which in response promised to expand and acquire aggressively in a move to defend its share price. Yet questions are now being raised about one Wanda’s most recent acquisitions in China, w…

Daily Cinema Digest – Monday 15 December 2014

Perhaps the biggest news announced at CineAsia was Arts Alliance Media partnership with Wanda Cinemas. It would be good, however, to have a bit more specifics on what exactly the deal entails for both parties. The partnership will see AAM serving as a primary technology partner to Wanda with the aim…

Wang Jianlin, founder of Dalian Wanda group, Credit CHINATOPIX, via Associated Press

China Cinema Digest – Thursday 4 December 2014

Wanda Cinemas has been given the OK for an IPO in China in its second attempt. So much for all of our conspiracy theories that it would list elsewhere. Wanda Cinema Line Co. Ltd., a movie theater company controlled by Chinese real estate mogul Wang Jianlin, has received approval for a share-offering…

Wang Jianglin, chairman and founder of Dalian Wanda Group

Questions Raised About Wanda Cinema’s IPO

Sina Finance carries a long and excellent analysis of Wanda Cinema’s re-submitted IPO document, written by Enterprise Observer newspaper reporter Zhu Lin. The article raises several pertinent question about the IPO of the world’ largest cinema chain, which also controls AMC in the US. Th…

China online ticketing

China Cinema Digest – Tuesday 28 October 2014

Beginning in November, China will start reporting box office number and info using social media in an effort to improve transparency. The move is good news for Hollywood studios, but will also provide a better picture of the exhibition market in the world’s second largest cinema territory. In…

Wanda cinema

What Wanda’s IPO Prospectus Tell Us About China’s Cinema Market

No less than 30 Chinese companies are looking to list on US stock exchanges this year, led by Internet giants such as JD.com and Alibaba. The reason for choosing the likes of Nasdaq is because unlike their Chinese counterparts they don’t require three years of profitability as well as US regul…

The Cinema Theatre in Rochester goes digital

Daily Cinema Digest – Friday 9 May 2014

This small-single screen is one of the last in its area to make the switch to digital. So why aren’t we filing it away further down? Because the area is Rochester, home of Eastman Kodak, aka the Company That Digital Nearly Killed. The Cinema’s swap this week from film to digital projection mar…