multiplex operators Archives

S. Korean Cinema Chains Still in Red in Q1 but Optimistic About Possible Rebound

SEOUL, May 17 (Korea Bizwire) — South Korea’s major cinema chains remained in the red in the first quarter of this year amid the protracted COVID-19 pandemic, but the lifting of distancing rules will likely provide them fresh momentum for a possible turnaround in the coming quarters, data showed Tuesday. CJ CGV, the No. 1 [...]

Multiplexes Open Drive-in Theaters to Attract Moviegoers During Pandemic

SEOUL, June 29 (Korea Bizwire) — South Korean multiplex operators have launched drive-in theaters as a way to attract more people back to cinemas, hit hard by the protracted novel coronavirus pandemic. Lotte Cinema, one of the three leading cinema chains in the country, opened the Drive Osiria theater on June 10 at the Osiria [...]