CJ CGV Opens World’s 1st Metaverse Cinema

CJ CGV, Korea’s top cinema chain, has become the first exhibitor in the world to enter the metaverse.The cinema chain launched Zepeto CGV World on January 28, a full-service metaverse multiplex with a lobby and an auditorium. Patrons can purchase a virtual tic...

Lotte Cinema Announces Ticket Price Hikes, following CGV and Megabox

Following in the footsteps of CGV Cinemas and Megabox, Lotte Cinema has also raised its ticket prices in a bid to offset losses during the ongoing pandemic. The number two exhibition company in Korea also announced that it would permanently close 20% of its lo...

CJ CGV Plans Community Cinemas with GS E&C

CJ CGV has partnered with construction company GS E&C to develop community screening spaces for apartment complexes. The first location will open in June next year in the Grand Xi apartment complex in Seocho in Southern Seoul. CJ CGVannounced on November 2...

CJ CGV to Wind Down Operations at 30% of Theaters Over 3 Years

CJ CGV, the top exhibition chain in South Korea and one of the world’s leading multiplex outfits, has announced that it will close 30% of its locations over the coming three years, citing the COVID-19 Pandemic’s detrimental effect on the theatrical marketplace...

KIM Jee-woon to Direct 8K Romance for Samsung

Director KIM Jee-woon is partnering with Samsung to make Untact, a new romance film starring KIM Go-eun (Tune in for Love, 2019) and KIM Ju-hun (Memoir of a Murderer, 2017). The short film is being shot on Samsung’s Galaxy S20 and Galaxy Note 20 devices to dem...

CGV Cinemas Resume Operations in China

Following six months of closures in China owing to the spread of the 2019-nCoV virus, multiplexes have finally come back online. Among them is Korea’s CGV Cinemas, which runs a sizeable circuit of cinemas on the mainland. 21 venues in 12 cities, such as Shangh...

CJ CGV Raises Funds through 30% Sale of Business in China and SE Asia

In order to raise funds for its plans of expansion in several global markets, CJ CGV, Korea’s top multiplex chain, has sold off a 30% stake in its locations in China and Southeast Asia. The sale, which was made to the private equity funds MBK Partners and Mira...

Film Investor and Distributor CGV ARTHOUSE Ceases Operations

CGV ARTHOUSE, the subsidiary of CJ ENM Corp.which has been focusing on financing and distributing lower-budget indie and commercial works, has decided to cease its operations. While the outfit has been responsible for introducing several major artistic works t...

CJ CGV to Add 40 IMAX Screens in China

Korean cinema exhibition company CJ CGV has signed a deal with the IMAX Corporation to add 40 new IMAX screens in the Chinese market. When completed, this would bringCJ CGV’s IMAX commitment to 170 screens, with locations in operation across South Korea, China...

CJ CGV Opens its 500th Theater Worldwide

CJ CGV now operates 500 theaters around the world. CJ CGV has announced that it achieved this milestone with the recent opening of CGV Dongguan Guomao (东莞国贸) in Guangdong Province, China. The exhibitor’s 112th cinema in China, the CGV Dongguan Guomao multiplex...