Korean Cinema Chain CGV Weighs IPO of Its Theater Effects Unit
South Korean cinema chain CJ CGV Co. is considering an initial public offering of its CJ 4DPlex theater-technology affiliate.
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CJ CGV to shut four theaters as streaming eats into box office
CJ CGV’s struggles reflect a broader downturn in the cinema industry. Rival Megabox posted a 13.4 billion won operating loss in 2024, marking its fifth consecutive annual deficit. Lotte Cinema ...