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Global box office drops slightly in 2016December 06, 2017Global box office revenue dropped for the first time in the past ten years, although marginally, by 1.8% to $37.8 billion in 2016. The number would have been higher, and therefore box office would have been up, had it not been for exchange rate fluctuations between US dollar and South American countries and (to a lesser extent) between the Rouble and the Euro.Subscribers Only
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South Korean cinema operator CJ CGV is to expand in VietnamSeptember 05, 2017CJ CGV, the largest cinema operator by screens in South Korea, plans to invest $200 million to expand its presence in Vietnam over the next four years. CJ CGV plans to boost its cinema numbers by opening 12 to 15 new locations per year until 2020, and will expand its network of locations to remote areas across the country.Subscribers Only
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South Korean film distributor Next Entertainment World enters exhibition businessAugust 22, 2017South Korean film distributor Next Entertainment World (NEW) is planning to enter the cinema exhibition business with a number of cinemas opening across the country. Branded as Cine Q, the first cinema will open on 24th August in the South Eastern city Gyeongju, and another seven locations coming in the near future.
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World Film Production 2015July 10, 2017The volume of world feature film production rose slightly to reach 7,653 projects in 2015, according to IHS Markit research. As usual, some previous years’ data has changed in the light of revisions from data sources. A total of 17 territories recorded annual output of more than 100 feature films, same with 2014. The top ten countries accounted for 68% of all films produced during the year.Subscribers Only
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CJ 4DPlex further expands its presence to reach 300 screens in 42 territoriesNovember 22, 2016Experiential 4D cinema technology company, CJ 4DPlex, has reached a milestone with a total installation of 300 4DX screens worldwide. The 300th 4DX screen was installed at Cineplex Cinemas Yonge-Dundas and VIP, in Canada which opened recently in November 2016. This is the first 4DX screen in Canada. Now, 4DX screen is present in 42 territories globally.Subscribers Only
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CJ Entertainment forms a joint venture with Major Cineplex Group in ThailandJune 04, 2015South Korean major CJ Entertainment & Media (CJ E&M) has signed a memorandum of understanding with Thai exhibitor Major Cineplex Group to form a production joint venture.Subscribers Only
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Global cinema exhibition in 2013September 25, 2014Global box office reached $35.4 billion in 2013, a modest rise of 1% over 2012’s revised $35.0 billion. Given the decline in cinema admissions during the year, the rise in revenues earned is more a function of rising average ticket prices and the expansion of emerging markets.Subscribers Only
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China and South Korea signed film co-production treatyJuly 08, 2014China and South Korea has signed a film co-production treaty, under which eligible co-productions will be entitled to access benefits from both countries.
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RealD further expands in Russia with exhibitor Cinema ParkOctober 16, 2013Russian exhibitor Cinema Park has signed an agreement with 3D manufacturer RealD to install RealD's 3D technology in 200 cinema screens across Russia. Installations have already begun and are expected to be...
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Service update - H1 2013 digital data now available on Cinema IntelligenceJuly 18, 2013We have now added data for digital and 3D screen totals as at H1 2013 for all territories and regions tracked by Cinema Intelligence. The data is also available by equipment manufacturer and as market share...
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Asia H1 2013 Box Office UpdatesJuly 04, 2013South Korean cinema market reached a new high in the first half of 2013 with 724 million won ($639 million) box office revenue, a 12.7 increase on H1 2012. Cinema admissions grew 18.3 per cent year-on-year to...
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China and South Korea have signed a tentative film co-production agreementJune 20, 2013China and South Korea have signed a tentative film co-production agreement and a formal co-production treaty is expected to be signed during 2013. If the treaty goes through, co-production projects will enjoy...
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Vue Entertainment is sold for £935MJune 10, 2013UK cinema exhibitor Vue Entertainment is to be sold by private equity group Doughty Hanson to Canadian investment companies OMERS Private Equity and Alberta Investment Management Corporation (AIMCo) for...
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UK exhibitor Vue buys Polish exhibitor MultikinoMay 14, 2013UK cinema exhibitor Vue Entertainment is to acquire Polish cinema chain Multikino from its owner ITI Group. The transaction will be completed once the approval of the Polish Office for Competition...
