Beta Media receives cash injection amid cinema industry's hefty losses

Beta Media receives cash injection amid cinema industry's hefty losses

Cineplexes startup Beta Media just received an investment from Daiwa PI Partner, fueling the firm's ambitions to extend its movie house network.
CJ CGV divest from subsidiary in Vietnam

CJ CGV divest from subsidiary in Vietnam

The Korean movie theaters giant, CJ CGV will divest 25 per cent stake in its real estate investment arm in Vietnam namely CJ Vietnam Co., to improve its finance structure, which has been impacted by the break out of COVID-19 pandemic, according to newswire Businesskorea.co.kr.
CJ CGV Vietnam temporarily shuts down cineplexes in Ho Chi Minh City

CJ CGV Vietnam temporarily shuts down cineplexes in Ho Chi Minh City

In compliance with Ho Chi Minh City authorities' orders, CJ CGV Vietnam has closed all of its cineplexes in the city for the next two weeks
CJ CGV pays thousands of USD fines for "nine-dash line" movie

CJ CGV pays thousands of USD fines for "nine-dash line" movie

CJ CGV Vietnam has just paid $7,400 in administrative fines for licensing the movie Abominable that includes the argued nine-dash line on the East Sea.
Foreign players dominate blossoming cinema scene

Foreign players dominate blossoming cinema scene

CJ CGV and Lotte Cinema hold the upper hand in the domestic cinema scene, with about two-thirds of the market, while local cinemas are floundering without necessary finance to really cope with such a threat. Kim Anh reports.