Korea’s Lotte & Megabox Cinema Chains Set To Merge Amid Key International Market’s Recovery Woes

In a move that could reshape the South Korea exhibition landscape, the country’s respective second- and third-largest exhibitors — Lotte Cinema and Megabox — are set to merge. Today, a memorandum of understanding for a tie-up of Lotte Cultureworks and Megabox Joongang, parent companies of Lotte Cinema and Megabox, was signed, per a statement posted […]

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