SEOUL, April 6 (Korea Bizwire) — A little over two years ago , South Korean movie theater chain CJ CGV introduced a graded pricing system that was criticized as a cover for raising ticket prices. Under the pricing system, while the price of certain seating areas actually dropped by 1,000 won, the price of seats [...]
PARIS, April 4 (Korea Bizwire) — South Korean movie theater chain CJ CGV has opened its 500th 4DX theater at a cinema operated by French counterpart Pathé located in Thiais, a commune in the Parisian suburbs. Developed by CJ CGV’s subsidiary CJ 4DPLEX, theaters with 4DX technology support physical stimuli such as moving seats, wind, [...]
SEOUL, Mar. 29 (Korea Bizwire) — CJ CGV, South Korea’s largest multiplex chain, has come under criticism for a promotional event that asks customers to dress and speak like “foreigners” for discounts, with many voicing concerns that it could potentially prompt borderline racism. The world’s fifth-largest multiplex theater company announced Wednesday that it will offer [...]
SEOUL, Dec. 7 (Korea Bizwire) — CJ CGV has vowed to continue to focus on the global movie market next year as the domestic market has reached a plateau in the past five years with the rising popularity of streaming and social media services and declining population. The country’s top cinema chain unveiled the plan [...]
SEOUL, Dec. 4 (Korea Bizwire) — Samsung Electronics Co. said users of its mobile transaction system, Samsung Pay, are able to make payments at the country’s top theater chain CJ CGV as of Monday. While CJ CGV theaters accepted Samsung Pay in 2015 after the service was first launched, the two companies later suspended cooperation [...]
SEOUL, Oct. 26 (Korea Bizwire) — A subsidiary of South Korea’s largest cinema chain, CJ CGV, said Thursday it has recently opened its first 4DX movie theater in Australia. The new facility is situated inside the Australian cinema chain Village Cinemas’ venue at Century City Walk mall in downtown Melbourne, according to CJ 4DXPlex Co. [...]
SEOUL, Oct. 23 (Korea Bizwire) – CJ CGV, South Korea’s largest cinema chain, will advance to the Russian market for the first time as a foreign theater chain. CJ CGV signed a contract Monday with Russian land developer ADG Group in Seoul to set up a joint venture in Hong Kong with registered capital amounting [...]
SEOUL, Aug. 2 (Korea Bizwire) — Korean blockbuster “The Battleship Island” has reigned at the box office for seven days since it opened last Wednesday. But its record-shattering success has rekindled a years-long dispute over big-budget films’ monopoly of screens that stifles competition and impedes diversity. Directed by Ryoo Seung-wan of “Veteran” and starring Hwang [...]
SEOUL, Jul. 4 (Korea Bizwire) — CJ CGV’s ScreenX immersive screening system has recently debuted in the Japanese market. The largest multi-screen cinema chain in Korea said Tuesday that it opened its first ScreenX theater at Aqua City Odaiba, one of the largest shopping destinations in Tokyo, on June 30 in partnership with the Japanese [...]
SEOUL, June 8 (Korea Bizwire) – Earlier this week, CJ CGV, South Korea’s largest multiplex operator, celebrated its 1 billionth moviegoer since it opened its first multiplex in Seoul in 1998. Multiplex cinemas currently dominate South Korea’s film market. As of 2016, CGV, Lotte Cinema, and Megabox – the big three cinema operators – boasted [...]