CJ CGV

CJ CGV
Native name
 씨제이씨지브이 주식회사
Industry Film industry
Founded 20 December 1996 (20 December 1996)
Founder
Headquarters Seoul, South Korea
Number of locations
 401
Area served
 Worldwide
Key people
 Seo Jung (CEO)
Products
Services Multiplex cinema
Number of employees
 Korea: 1,525 (2016 non-consolidated)[1]
Overseas: ?
Parent CJ Group
Subsidiaries CGV Arthouse
CGV Blitz
Mars Entertainment
CJ 4DPLEX (90.48%)[2]
Website Official Website

CJ CGV (Hangeul: CJ CGV (씨제이 씨지브이)㈜) is the largest multiplex cinema chain in South Korea and also has branches in China, Indonesia, Myanmar, Turkey, Vietnam, and the United States.[3] The fifth largest multiplex theater company in the world, CJ CGV currently operates 3,033 screens at 401 locations in seven countries, including 1,031 screens at 139 locations in South Korea.[4] CGV takes its name from the first letter of the three words; Cultural, Great and Vital.

CGV Cheongdam Cine City in Sinsa-dong, Gangnam-gu, Seoul
CGV CINĒ de CHEF theater

History

CGV started as Theater Business Team inside CJ CheilJedang in 1995. CJ Golden Village was jointly established in 1996 by CJ Cheil Jedang of Korea, Orange Sky Golden Harvest of Hong Kong and Village Roadshow of Australia. However, now it is operated by CJ only as Golden Harvest and Village Roadshow have pulled out of the group. CGV opened the first multiplex in Gangbyeon in 1998. It merged CJ Golden Village and renamed the company to CJ CGV. In December 2004, it became the first theater chain listed on the Korea Stock Exchange.

CGV exceeded an aggregated total of 100 million viewers in 2004. It opened its first digital movies in 2006, SMART PLEX in 2008, 4D PLEX in 2009 and Cine City in 2011. In 2006, it opened eight sites in China and one in Los Angeles, and took over major cinema chain in Vietnam. 2013, CGV had 101 million visitors within one year. It is the fifth cinema company achieving this mark, joining Regal, AMC, Cinemark and Cinepolis.[5][6] 2017 saw the second U.S. location open, in Buena Park, in Orange County.

Timeline

4DX

4DX logo

4DX was created by CJ 4DPLEX(subsidiary of CJ CGV) the world’s first 4D cinema company and the technology enhances the onscreen visuals of action-packed blockbusters with special effects that include motion-activated seats, wind, fog, rain, lightning, vibration, snow, and scents.[17][18] CJ's 4DX systems are offered by theater owners in 41 countries.[19]

Facilities

CGV opened Korea’s first luxury theater, Gold Class, with sofa and service; along with Cine de Chef, the premium theater with fine dining in Apgujeong-dong, Seoul. This was followed by CGV Art Hall, a concert hall with 500 seats, in Yeongdeungpo-gu for concert, musical and broadcasting program in addition to movies.

Since 2009, with the construction of digital cinema, it started showing a variety contents such as baseball game, Japanese K-1, concert and opera shows. In 2010 FIFA World Cup, it was marketed as a location for cheering games with the most number of 2D/3D screens.

In 2011, CGV Chungdam Cine City, with luxury life culture concept, was opened. It markets CJ’s own brands such as The First Look Market operated by Oshopping and Vips, Bibigo, Twosome operated by Foodville.

CGV Arthouse (formerly Movie Collage) is the first indie theater in Korea operated by CGV for independent films (which later on became the name for a separate distribution company focused on these kinds of films).

From 2011, CGV extended their chain to Vietnam by taking over the multiplex cinema Megastar and opening more theaters like CGV Liberty Citypoint and CGV Crescent Mall. CGV opened their first luxury theater in Vietnam with sofas and went on to offer the Sweetbox (a red sofa that seats two) in multiple theaters. In 2015, CGV opened its 10th cinema complex (CGV Vivocity) and introduced the first IMAX theater in Vietnam with 311 seats, one premium studio with wide spaces and armchairs, and one studio for showing 4DX movies (augmented with environmental effects such as seat motion, wind, rain, fog, lighting, and aroma along with the standard video and audio thanks to a motion picture technology owned and developed CJ 4DPLEX). The remaining studios have Sweetbox seats as private spaces for couples.

CJ CGV is the second-largest operator of joint venture IMAX screens in China, behind Wanda Cinemas, China's largest theater chain.

Events

Recognitions

See also

References

  1. ↑ "사 업 보 고 서". dart.fss.or.kr. Retrieved July 12, 2017.
  2. ↑ "주석". dart.fss.or.kr. Retrieved July 12, 2017.
  3. ↑ Kil, Sonia. "CJ-CGV Wants to Keep Growing Its Chains". variety.com. Retrieved 12 July 2017.
  4. ↑ Noh, Jean. "South Korea’s CJ CGV pushes past 400 theatres". screendaily.com. Retrieved 12 July 2017.
  5. ↑ Frater, Patrick (24 January 2014). "South Korean Exhibition Giant CJ-CGV Aggressively Expands Empire". Retrieved 15 May 2017.
  6. ↑ "CJ CGV to Hit 100 Million Annual Cinema Admissions". Retrieved 15 May 2017.
  7. ↑ "Pyeong-chon CGV News<극장가 소식>".
  8. ↑ "New CGV theater optimized for family viewing". Korea Times. 23 April 2013. Retrieved 24 April 2013.
  9. ↑ "Samsan CGV Open!!<삼산 CGV 개관>>".
  10. ↑ "New CGV theater optimized for family viewing". Tribun News. 8 January 2014. Retrieved 9 January 2014.
  11. ↑ "IPO Of Indonesia’s Blitz Puts CJ-CGV In Strong Position". Variety. 17 March 2014. Retrieved 18 March 2014.
  12. ↑ "CJ CGV, Partners to Pay $688 Million for Mars Cinema". 4 April 2016. Retrieved 15 May 2017 – via www.bloomberg.com.
  13. ↑ "South Korea's CJ CGV to Increase Stake in Indonesia's CGV Blitz Cinema Chain - Jakarta Globe". Retrieved 15 May 2017.
  14. ↑ Sung-soo, Huh (28 July 2016). "CJ CGV Expands Its Presence in Indonesian Movie Market". Retrieved 15 May 2017.
  15. ↑ "BRIEF-CJ CGV to buy shares of PT Graha Layar Prima Tbk. for 28.86 bln won". 21 July 2017. Retrieved 15 May 2017 – via Reuters.
  16. ↑ "[CJ CGV] 타법인주식및출자증권취득결정". kind.krx.co.kr. Retrieved 15 May 2017.
  17. ↑ "4-D movies: Next big thing for U.S. theaters?". latimes.com. Retrieved July 12, 2017.
  18. ↑ "Inside a 4DX Movie Theater With A Built in 'Tickler'". foxbusiness.com. Retrieved July 12, 2017.
  19. ↑ "4DX expanding as theaters seek to draw in bigger audience". cnn.com. Retrieved July 12, 2017.
  20. ↑ "Korean TV Drama: Lovers in Paris". Korea Tourism Organization. Retrieved 16 June 2012.
  21. ↑ Sunwoo, Carla (25 February 2012). "Shinhwa’s comeback press conference to be streamed live". Joongang Daily. Retrieved 4 May 2012.
  22. ↑ "Shinhwa press conference to be broadcast live online". Korea Times. 24 February 2012. Retrieved 13 December 2012.
  23. ↑ Kim, Erika (29 February 2012). "Global Mnet to Relay Live Shinhwa’s Comeback Conference Around the World". enewsWorld. CJ E&M. Retrieved 3 March 2013.
  24. ↑ "Documentary Shows Top K-Pop Singers Behind the Scenes". Chosun Ilbo. 2 May 2012. Retrieved 4 May 2012.
  25. ↑ Chan, Hoishan (15 February 2012). "Movie theaters: 10 of the world's best". CNN Go. Retrieved 4 May 2012.
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