Korean multiplex giants release business showings of Q4 2023

The business showings of three major Korean multiplex cinema chains for the fourth quartile of 2023 are released. Lotte Cinema and Megabox showed a rather unsatisfactory performance while CGV garnered a four-year-awaited upturn to surplus.CGV·Lotte Cinema·Mega...

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...

The Era of VR Cinema Is Here

CJ CGV aims to develop and sell the CGV 4D PLEX system to the 500 4DX movie theaters worldwide The era has come where we can watch VR movies in theaters. Following Lotte Cinema's "Special VR Screening Series", CGV has released exclusively a VR melo...

Lotte Cinema Trains Aspiring Filmmakers in Vietnam

Korean exhibition outfit Lotte Cinema announced on April 14 that it staged a movie production class for Vietnamese university students at the Lotte Legend Hotel in Ho Chi Minh. The special class, which was attended by 28 aspiring Vietnamese filmmakers who are ...

Lotte Cinema and Lotte Entertainment Introduce a New Independent Corporate Body, Lotte Cultureworks

Lotte Cinema will take a leap to become a multi-entertainment company. Lotte Cinema which was originally an affiliate of Lotte Shopping will now be incorporated as Lotte Cultureworks Co. Ltd in order to expand the theater business. This change was approved at ...

Airflix Debuts New Movie Theater Concept to Korean Audiences

A new-concept in movie theaters will soon be putting empty performance venues to good use. Airflix, Korea's first "shared economy movie theater platform," recently began operating its first location. The company, which converts performance halls in...

Lotte Cinema Stages Korea’s 1st VR Showcase

Lotte Cinema is currently hosting the first commercial screenings of VR films in Korea at their flagship Lotte World Tower location, during a three-week showcase that began on January 24 and is set to run until February 14. Spectators can experience a variety ...

Lotte Entertainment Enters 10-Million Admissions Club with ALONG WITH THE GODS

Lotte Entertainment, a subsidiary of the Lotte Group conglomerate, has finally joined the 10 million admissions club thanks to its end-of-year release Along with the Gods: The Two Worlds. Directed by KIM Yong-hwa, the webcomic turned big-budget fantasy epic is...

Lotte Cinema CEO Receives CineAsia Award

CHA Won-chun, the CEO of Lotte Cinema Co., Ltd, received a Special Achievement Award at the CineAsia Awards. The ceremony took place at the CineAsa Expo on Thursday, 14 December at the Grand Hyatt in Hong Kong. Now in its 23rd edition, the CineAsia Expo is one...

Switzerland’s First Samsung LED Screen Cinema Opens

A Samsung Cinema LED Screen theater will open in Switzerland. Samsung Electronics announced that the Samsung Cinema LED Screen technology they unveiled at CinemaCon in Las Vegas this March will be introduced in Switzerland in early 2018 through Arena Cinemas. ...