Yeun Seung-ro has been appointed as CEO of Cgv Mars Entertainment, the Korean-owned company that operates Turkey’s largest cinema chain. He replaces Kwak Dong Won, another veteran of the Cj-cgv group.
The change of personnel may reflect two ongoing battles within the Turkish film industry. Cj-cgv, which bought Mars for some $650 million in 2016. would not explain its reasons, though it did confirm the personnel switch.
Turkish film producers last year took complaints about Cgv Mars to Turkey’s Ministry of Culture. They argued that Cgv Mars was acting unfairly by selling cinema-goers packages that bundled together admission tickets and popcorn. But that Cgv only shared the revenue from the tickets, at a lower nominal price, with producers, according to the Hurriyet newspaper.
After leading film-makers threatened to withdraw their films from cinemas, the producers appear to have won that battle. The Turkish parliament has passed new regulations, in line with the producers’ position,...
The change of personnel may reflect two ongoing battles within the Turkish film industry. Cj-cgv, which bought Mars for some $650 million in 2016. would not explain its reasons, though it did confirm the personnel switch.
Turkish film producers last year took complaints about Cgv Mars to Turkey’s Ministry of Culture. They argued that Cgv Mars was acting unfairly by selling cinema-goers packages that bundled together admission tickets and popcorn. But that Cgv only shared the revenue from the tickets, at a lower nominal price, with producers, according to the Hurriyet newspaper.
After leading film-makers threatened to withdraw their films from cinemas, the producers appear to have won that battle. The Turkish parliament has passed new regulations, in line with the producers’ position,...
- 2/22/2019
- by Patrick Frater
- Variety Film + TV
Local films take a larger market share in Turkey than Hollywood films.
Leading South Korean entertainment studio Cj E&M has announced it will invest in and distribute 25 local films in Turkey by June 2019.
Cj stated it has “joined hands with Turkey’s no. 1 production company Bkm and no. 2 production company Taff to secure an investment-distribution line-up,” to “solidify” Cj’s position as a film production, investment and distribution studio in Turkey.
The Korean company noted its Turkish partners were responsible for six out of 2017’s top 10 local films with Bkm, established in 1994, steadily producing more than 10 films a year, and...
Leading South Korean entertainment studio Cj E&M has announced it will invest in and distribute 25 local films in Turkey by June 2019.
Cj stated it has “joined hands with Turkey’s no. 1 production company Bkm and no. 2 production company Taff to secure an investment-distribution line-up,” to “solidify” Cj’s position as a film production, investment and distribution studio in Turkey.
The Korean company noted its Turkish partners were responsible for six out of 2017’s top 10 local films with Bkm, established in 1994, steadily producing more than 10 films a year, and...
- 6/21/2018
- by Jean Noh
- ScreenDaily
Cj E&M, South Korea’s leading entertainment studio, is to move into the the local film production scene in Turkey in a big way. The company is to invest in and distribute 25 film titles from production houses Bkm and Taff.
The pair are Turkey’s two leading production companies, and produced six of 2017’s top ten local films. “It makes us an all-round studio that finances, produces and distributes films in Turkey,” said Cj in a statement.
The first film to be released by Cj is Bkm-produced road comedy, “Yol Arkadasim 2.” Set for an October release, the film is a sequel to 2017 hit “Yol Arkadasim” which managed to sell 2.05 million tickets. A Taff production, “Dance With the Jackals 5″ (aka “Cakallarla Dans 5” will be released in theaters in December. “Magic Carpet RIde 2” (aka “Organize Isler 2″) by director-actor Yilmaz Erdogan, is set for a January release next year. The original film...
The pair are Turkey’s two leading production companies, and produced six of 2017’s top ten local films. “It makes us an all-round studio that finances, produces and distributes films in Turkey,” said Cj in a statement.
The first film to be released by Cj is Bkm-produced road comedy, “Yol Arkadasim 2.” Set for an October release, the film is a sequel to 2017 hit “Yol Arkadasim” which managed to sell 2.05 million tickets. A Taff production, “Dance With the Jackals 5″ (aka “Cakallarla Dans 5” will be released in theaters in December. “Magic Carpet RIde 2” (aka “Organize Isler 2″) by director-actor Yilmaz Erdogan, is set for a January release next year. The original film...
- 6/21/2018
- by Sonia Kil
- Variety Film + TV
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