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...

CGV to transform into multi-entertainment venues

CJ CGV announced on August 30th at the 2023 CGV Film Industry Media Forum that they will transform their multiplex cinemas into entertainment and lifestyle centers as part of their 'NEXT CGV' strategy. This will entail broadening the reach of their pre...

The Year-end Independent Film Festival, the Seoul Independent Film Festival 2022 Kicked Off Successfully

The Seoul Independent Film Festival (SIFF) 2022 kicked off at CGV Art House Apgujeong in Seoul on the 1st of November (Thursday). The opening ceremony, hosted by Actor Kwon Haehyo, who has been with SIFF for 22 years, opened with a trailer based on the slogan ...

The Korean Film Council Held the Vietnam-Korea Film Exchange Event to Commemorate the 30th Anniversary of Vietnam-Korea Diplomatic Ties

In cooperation with the UNESCO Bureau of Vietnam's Ministry of Foreign Affairs and the Film Bureau of the Ministry of Culture, Sports and Tourism, the Korean Film Council (KOFIC, Chairperson Park Kiyong) will hold a Vietnam-Korea film exchange event at CGV...

‘72m Wide’ CGV Yeongdeungpo ScreenX Theater, Certified as the World's Longest Screen

On October 11, CGV announced that ScreenX Theater in CGV Yeongdeungpo, Seoul, was certified by the Korea Record Institute as the world's largest movie screening screen. CGV will also challenge global certification based on this record.ScreenX is a special ...

Seoul Indie-AniFest 2022 Revealed Some of Its Screenings Online

The world's only Asian animation film festival, Seoul Indie-AniFest 2022, announced some of its screenings would be available offline as well as online. Seoul Indie-AniFest 2022, which marks its 18th anniversary this year, will screen its films online and ...

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...