Lotte Cinema has selected GDC Technology’s SR-1000 Standalone Integrated Media Block for its Lotte Cinema World Tower, which is upgrading the projection booth technology as part of a renovation project. The renovation started last year with plans to complete all 21 halls by this year.
GDC Technology Limited has won a solicited proposal to be CJ CGV Cinemas exclusive provider from 2023 to 2026. The agreement involves the deployment in China, South Korea, and Southeast Asia of the GDC’s SR-1000 media servers with a built-in cinema audio processor for 7.1 surround sound and enterprise storage.
CGV has signed an exclusive agreement to acquire hundreds of Christie CineLife+ series cinema projectors featuring some of the most energy efficient illumination systems on the market for its multiplexes located in South Korea, China, Vietnam and Indonesia over the next three years.
Lotte Cultureworks, a subsidiary of Lotte Group that manages the operations of Lotte Cinema, has acquired 4K RGB pure laser projection systems for its flagship Superplex World Tower auditorium in Seoul. The exhibitor has also opened several premium large format auditoriums across South Korea.
BTS: Yet to Come in Cinemas in ScreenX delivers a truly immersive experience that puts audiences in the front row. With a 270-degree field of view and exclusive imagery, audiences will feel like they are watching BTS live in concert. In multi-sensory 4DX, audiences are surrounded by unique motion and environmental effects that reproduce the atmosphere of a live concert.
RNR has introduced a new financial technology platform for film copyrights called Cine Marketplace 2.0, which the company says allows individuals to invest and trade partial ownership stakes in film copyrights.
GDC Technology Limited announced today that it is relocating and expanding its offices in South Korea and Spain to Seoul and Barcelona respectively. The moves will add more resources to support the current momentum and sales in Korea and EMEA.
CJ CGV, South Korea's largest multiplex cinema chain, has announced that it will expand investment in high-technology, multi-projection screens and premium large format theatres to meet changing customer demand in the post-pandemic era.
The entertainment company Hollywood Innovations Group has filed a lawsuit in the U.S. District Court for Central District of California alleging that Netflix willfully violated the same copyright laws it routinely enforces against its own competitors. The also illustrates the power of new dubbing technologies to seamlessly adapt video content across dozens of languages. The technology helps expose broader audiences to global content, but Netflix has quickly found a way to leverage it to capture the lucrative and highly competitive Asian market.
Delivering immersive experiences that blur the lines between the physical and virtual, the new extended reality stage from South Korea’s NP studio offers what it says is a technologically advanced content production environment that meets the expectations of even the most demanding of NP’s clients.
