CJ CGV
Encyclopedia
CJ CGV operates South Korea
's largest multiplex cinema
chain, CGV, with its headquarters in Seoul
. It is a subsidiary of CJ Group
and was established in 1996 as a transnational joint venture
formed by CJ Corporation (Korea), Golden Harvest
(Hong Kong
), and Village Roadshow (Australia
). CGV stands for CJ Golden Village; however, now only the 'C' remains true to nature, as Golden Harvest and Village Roadshow have pulled out of the group.
, CGV has expanded and currently operates on 54 sites and as of September 2007 is scheduled to have over 450 screens nationwide. CGV opened its first overseas branch in Shanghai
, China
in late 2006 and is scheduled to open its first North America
n branch in Los Angeles
, California
in early 2008. The company went public in December 2004 and is currently valued at US$400 million. CGV now has slightly under 30% of the market share in South Korea
.
South Korea
The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...
's largest multiplex cinema
Multiplex (movie theater)
A multiplex is a movie theater complex with multiple screens, typically three or more. They are usually housed in a specially designed building. Sometimes, an existing venue undergoes a renovation where the existing auditoriums are split into smaller ones, or more auditoriums are added in an...
chain, CGV, with its headquarters in Seoul
Seoul
Seoul , officially the Seoul Special City, is the capital and largest metropolis of South Korea. A megacity with a population of over 10 million, it is the largest city proper in the OECD developed world...
. It is a subsidiary of CJ Group
CJ Group
CJ Group is a large South Korean conglomerate company. CJ centralized business fields into 4 core business groups, such as food and food service, bio pharma, entertainment and media and home shopping and logistics.-Entertainment & Media:...
and was established in 1996 as a transnational joint venture
Multinational corporation
A multi national corporation or enterprise , is a corporation or an enterprise that manages production or delivers services in more than one country. It can also be referred to as an international corporation...
formed by CJ Corporation (Korea), Golden Harvest
Golden Harvest
Golden Harvest is a film production, distribution, and exhibition company based in Hong Kong. It played a major role in becoming the first Chinese film company to successfully enter the western market for an extended period of time, especially with the films of Bruce Lee and Jackie Chan...
(Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
), and Village Roadshow (Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
). CGV stands for CJ Golden Village; however, now only the 'C' remains true to nature, as Golden Harvest and Village Roadshow have pulled out of the group.
History
CGV opened its first multiplex cinema in Korea in April 1998. Since the opening of its first cinema in eastern SeoulSeoul
Seoul , officially the Seoul Special City, is the capital and largest metropolis of South Korea. A megacity with a population of over 10 million, it is the largest city proper in the OECD developed world...
, CGV has expanded and currently operates on 54 sites and as of September 2007 is scheduled to have over 450 screens nationwide. CGV opened its first overseas branch in Shanghai
Shanghai
Shanghai is the largest city by population in China and the largest city proper in the world. It is one of the four province-level municipalities in the People's Republic of China, with a total population of over 23 million as of 2010...
, China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
in late 2006 and is scheduled to open its first North America
North America
North America is a continent wholly within the Northern Hemisphere and almost wholly within the Western Hemisphere. It is also considered a northern subcontinent of the Americas...
n branch in Los Angeles
Los Ángeles
Los Ángeles is the capital of the province of Biobío, in the commune of the same name, in Region VIII , in the center-south of Chile. It is located between the Laja and Biobío rivers. The population is 123,445 inhabitants...
, California
California
California is a state located on the West Coast of the United States. It is by far the most populous U.S. state, and the third-largest by land area...
in early 2008. The company went public in December 2004 and is currently valued at US$400 million. CGV now has slightly under 30% of the market share in South Korea
South Korea
The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...
.
External links
- CJ CGV - Official Website (Global)
- A CGV Theater in Seoul