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Friday, June 27, 2008

Movies Move to Koreatown



Despite its large population, Koreatown and Mid-City have been surprisingly short on movie theaters -- until now.

According to today's Variety -- with a dateline out of Seoul -- South Korea's largest multiplex chain is building a 648-seat, three-screen theater at "a site near Western Avenue." The details:

CJ Entertainment's CJ CGV chain set up CJ CGV America Holdings at the end of 2006 to run its exhibition business in the U.S. The theater was skedded to bow last year, but the opening got postponed.

"We're going to increase our competitive power with a small but high-qualified boutique theater," said Park Yong-gil, prexy of CJ CGV America Holdings.

The company said 45% of its pics would be Korean, 45% from Hollywood and 10% from Asia at large.

Still sounds like too small of a theater to me.

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