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February 23, 2021 08:22 Cinema chains have started renting out movie screens and stages in a bid to improve their cash flow amid the coronavirus epidemic. The three major move theater chains -- CGV, Lotte Cinema and Megabox -- have come up with new strategies as the industry continues to suffer badly from the pandemic. They rent out screens for console gaming and hold stand-up comedy shows on stage to get their businesses running. "It's another way to bring people back to the cinemas, as well as a chance for comedians, driven offstage by the pandemic, to perform," a CGV spokesman said. Other services introduced by cinemas include screenings of music concerts, overseas drama series and live sporting events. Data from the Korean Film Council shows that the industry's revenue last year was down a whopping 73 percent on-year. The number of moviegoers also dropped significantly from 220 million visitors to fewer than 60 million. COVID Forces Scores of Movie Theaters to ... » Learn More about Movie Theaters Come up with Creative Strategies to Dodge Lockdown

A year after South Korean satire”Parasite” took Hollywood by storm, another Korean-language movie, “Minari,” is making waves during awards season. Yet the two films could not be more different. “Parasite,” which made history in 2020 by becoming the first film in a foreign language to win a best picture Oscar, is a dark satire about class and contemporary society in South Korea. “Minari,” now in U.S. movie theaters and arriving in South Korea in March, is a tender, quintessentially American story about an immigrant family in the 1980s trying to better themselves by starting a farm in Arkansas. Unlike “Parasite,” it was conceived, produced and filmed in the United States. “They speak Korean and it’s about a family and there’s some Korean culture involved, but I think this film speaks a lot to what America is. It contains a lot of people doing many different things, many different walks of life, and in that way, it’s quite different from ‘Parasite’,” said director Lee Isaac Chung. ... » Learn More about Korean movie ‘Minari’ is talk of Hollywood

With millions of Chinese having chosen to stay where they are during the weeklong Spring Festival, theater staff are working overtime. They are happy to see the most prosperous time of the year for the Chinese film market, the world's largest in terms of annual ticket revenue. As of Monday, the country has just set a new Spring Festival record by accumulating a box office total of around 6 billion yuan ($929.4 million) during the holiday, including presale tickets, according to the live movie information tracing app Beacon. The figure surpassed the former same-period record of 5.905 billion yuan in 2019, indicating that homegrown films are doing a good job heating up the domestic market, said most insiders contacted by China Daily. "There is no doubt that the 2021 Spring Festival has brought a big surprise to many industry insiders, enhancing their confidence of the return of the boom in the domestic market," said Rao Shuguang, president of the China Film Critics Association. He ... » Learn More about Moviegoing boom livens up festival for theaters

Mumbai: Bollywood star Ayushmann Khurrana on Monday announced the release date of Anubhav Sinha's spy-thrillerAnek'. The movie will hit the big screens on September 17, this year. The 'Shubh Mangal Savdhaan' actor took to Twitter and shared a statement featuring the release date announcement for his upcoming film. "Naam ANEK , lekin release date EK ! Anubhav Sinha's next directorial starring Ayushmann Khurrana will release on 17th September 2021. Produced by Bhushan Kumar's T-Series and Anubhav Sinha's Benaras Mediaworks." the statement read. Naam #ANEK, lekin release date ek! Milte hai aapse 17th September 2021 ko! @anubhavsinha #BhushanKumar @TSeries… https://t.co/2x902vqf15 — Ayushmann Khurrana (@ayushmannk) 1613991115000 Earlier last week, Ayushmann who was shooting in the northeast for 'Anek', shared a family photograph from Kaziranga, Assam. 'Anek' marks Anubhav's second collaboration with Ayushmann after the critically-acclaimed 2019 film ... » Learn More about Ayushmann Khurrana’s Anek to hit theaters on THIS date

In a surprise announcement, Stylish Star Allu Arjun took to social media on Thursday morning and revealed the release date of his upcoming film ‘ Pushpa .’ Helmed on a staggering budget of over Rs 100 crore, the rustic actioner will be hitting the worldwide theaters on August 13th, 2021. The news was unveiled with a head-turning poster featuring the 37-year-old actor as a red sandalwood smuggler with a large group of followers at his back. Sporting a bearded look and rugged avatar, he can be seen with a forest axe in hand. Unveiling the news, Allu Arjun wrote on social media “#PUSHPA loading in theatres from 13th August 2021. Excited to meet you all in cinemas this year. Hoping to create the same magic one more time with dearest @aryasukku & @thisisdsp .” #PUSHPA loading in theatres from 13th August 2021. Excited to meet you all in cinemas this year.Hoping to create th… https://t.co/SBqC3AkRpc — Allu Arjun (@alluarjun) 1611810393000 While the shooting ... » Learn More about ‘Pushpa’ to hit theaters on August 13: Allu Arjun looks flamboyant in new poster

The Mid-Autumn and National Day holidays－the first weeklong break since nearly 70,000 screens were reopened on July 20－have shown a strong recovery from the COVID-19 pandemic shutdown despite seating capacity limits of 75 percent. Boosted by two new blockbusters, My People, My Homeland and Jiang Ziya: Legend of Deification , the vacation saw box office results of around 2.94 billion yuan ($433.1 million) as of Monday, close to the same period last year and twice as much as in the time period in 2018, according to movie information tracker Beacon. Coupled with earlier hits－including the war epic The Eight Hundred , the highest-grossing film this year, and Leap with actress Gong Li, China saw total movie ticket revenues surpass 10 billion yuan by Oct 3. It was another sign of the potential of the world's second-largest movie market in terms of box office. An anthology in which seven directors worked on five standalone tales, the celebrity-studded My People, My Hometown , ... » Learn More about Holiday’s blockbusters nurture cinematic revival

Los Angeles: Actress Millie Bobby Brown has been roped in to star in the science-fiction film, 'The Electric State'. The film is produced and directed by Anthony and Joe Russo, and based on the Simon Stalenhag illustrated novel of the same name. Set in an alternative future, the story revolves around a teenage girl (played by Brown) who realises that a strange and sweet robot, who comes to her, has been sent by her missing brother. They then set out to find her brother in an imaginative world of humans and robots, reports variety.com "We're thrilled to have this deal with Universal who has committed to a theatrical release of ‘Electric State'. This is incredible news for us as filmmakers, and for audiences around the world who want an opportunity to experience films in theaters again," said the Russo brothers in a joint statement. "This is also a positive sign that, as vaccines become available, the theatrical market is returning," they added. The Russo brothers, ... » Learn More about Millie Bobby Brown roped in for Russo brothers’ science-fiction film, ‘The Electric State’

Video Player Close by Xinhua writer Zhang Yunlong BEIJING, Feb. 18 (Xinhua) -- China's box office revenue during the week-long Spring Festival holiday ending on Wednesday hit a record high of 7.8 billion yuan (1.2 billion U.S. dollars), beating the same holiday in the previous years. With a 32-percent jump from 5.9 billion yuan during the 2019 holiday, the figure heralds a bullish start to the Year of the Ox for China's movie market, one of the world's largest that last year generated 20 billion yuan despite the pandemic, outshining any other single market. The latest gains from the holiday, usually a lucrative movie season in China, further the market's robust growth in 2021 that started with record-high New Year's Day earnings, bringing its yearly total to 11.5 billion yuan, according to data from the China Film Administration. RECORD BOX OFFICE "Detective Chinatown 3" joined six other domestic productions for release on the Spring Festival, which was celebrated on ... » Learn More about China Focus: Record holiday sales herald Chinese film market’s bullish recovery

With new cinemas popping up, from big cities to counties and small towns, over the past more than one decade, watching movies during the Chinese Lunar New Year holiday has become a new form of celebration for many Chinese people. In 2013, Journey to the West: Conquering the Demons by Hong Kong director Chow Sing-chi reaped 780 million yuan ($120.77) at the box office, kicking off the Spring Festival film season. Since then, movie ticket sales during Spring Festival maintained a rising trend until last year. In fact, in 2018, ticket sales during Spring Festival accounted for 9.7 percent of the total revenue for the whole of the year, making the holiday the most profitable season for the film industry. But the COVID-19 pandemic has dealt a heavy blow to movie theaters, actually, the whole film industry. Following the outbreak early last year, the authorities in many parts of the country ordered the closure of cinemas in order to prevent the spread of the novel coronavirus. Amid fear ... » Learn More about How film industry can overcome the pandemic crisis

Kichcha Sudeep attributes his success over 25 years to three simple ingredients Kichcha Sudeep was in crackling form on Sunday evening while interacting with media persons. On the occasion of completion of 25 years in the film industry, when asked whether his success story was fluke, hard work or mere luck, he said it was a mix of all three. “I consider my 25 years’ journey as fluke, hard work and mere luck,’’ Sudeep said. Sudeep also made a startling revelation that 2020 was the best year for him personally. “I was able to spend time with family members, pets, and plants in the garden. I even cooked food and wrote scripts. I am of the opinion that the world will be beautiful and wonderful if 20 percent of the population changes. I think it is a good time. For me it was a learning year. We ended up clapping and lighting lamps,’’ he said with a smile. movies were not doing well at the box office, Sudeep said that he had no other option but to ... » Learn More about Fluke, a pinch of hard work and dash of luck