CJ CGV

CJ CGV

Infobox_Company
company_name = CJ CGV
company_
company_type = Public (traded on the Korea Stock Exchange)
company_slogan =
foundation = 1996
location = Seoul, South Korea
key_people =
industry =
num_employees =826cite web|url=http://wrightreports.ecnext.com/coms2/reportdesc_COMPANY_C410SY700|title=CJ CGV Co Ltd - Company Profile Snapshot|work=Wright Reports website|accessdate=2007-08-07]
revenue =
net_income =

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 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.

History

CGV opened its first multiplex cinema in Korea in April 1998. Since the opening of its first cinema in eastern Seoul, 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 American 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.

References

External links

* [http://www.cgv.co.kr/ www.cgv.co.kr] - Homepage of CGV Theaters (in Korean)
* [http://thedailykimchi.blogspot.com/2006/08/korean-movie-theatresmiami-vice.html A CGV Theater in Seoul]


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