Latest in CGV

Korea's recent coronavirus resurgence has already taken a toll on the box office over the past two weekends, and exhibitors are now feeling a further pinch. According to the Yonhap news agency, Lotte Cultureworks, which includes multiplex chain Lotte Cinema, said it will offer voluntary retirement to employees who…

In an effort to rein in resurgent coronavirus cases in Seoul, South Korean authorities last week tightened restrictions on public gatherings. This dealt a blow to the local box office, which has seen strong performances over the past several weeks with titles like Peninsula and Deliver Us From Evil. But the Top 5…

Imax Monday announced an expansion of a longstanding partnership with South Korea's CGV to launch 17 new theaters in that country as well as in Turkey, Vietnam, and Indonesia. Imax said South Korea, where it's putting nine new theatres, is one of its fastest-growing markets and home of its highest grossing screen…

Some of the last holdouts in Asia are joining the raft of global markets to see cinema closures, even as the picture in China was beginning to look brighter, before taking a turn today. At this point, all major international box office markets (along with domestic) are essentially closed. Even in places where…