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CJ’s 4D Movie Theaters Draw 10 mln Viewers in Shortest Time This Year

CJ’s 4D Movie Theaters Draw 10 mln Viewers in Shortest Time This Year

SEOUL, Nov. 5 (Korea Bizwire) – Multiplex operator CJ CGV’s four dimensional movie theater, “4DX”, has hit the 10-million global viewer mark in the shortest time period this year, its company said Thursday. The feat was achieved by 187 4DX theaters in 32 countries, including South Korea, China, Japan and the U.S., which exceeded the [...]

Culture Ministry to Mandate Movie Distributors to Disclose Data on Screen Numbers

Culture Ministry to Mandate Movie Distributors to Disclose Data on Screen Numbers

SEOUL, Dec. 24 (Korea Bizwire) – The Ministry of Culture, Sports, and Tourism has decided not to extend subsidies to large film distributors such as CJ E&M and Lotte Entertainment for their Korean-made movies. It was a follow-up measure after the Fair Trade Commission announced on December 22 that it would impose fines of 5.5 billion won (3.2 billion won [...]