The merger between Megabox and Lotte Cinema is unlikely to impact CJ CGV, the industry leader, according to KB Securities. Despite a 35.8% increase in revenue for Q1 2021, CJ CGV’s operating profit fell by 29.5%, missing market expectations. The company is focusing on differentiating movie experiences through technology-specialized theaters and is exploring new broadcast opportunities with its subsidiary, CJ 4DPLEX.
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Auto-posted at: 2025-05-09 09:03:55