Korean Chains Megabox and Lotte Cinema Sign Merger Agreement ...Middle East

JoongAng Group and retail behemoth Lotte Group have inked a blockbuster deal that promises to dramatically reshape South Korea’s theatrical landscape. The media and retail giants signed a memorandum of understanding Thursday to merge their respective cinema chains — Megabox and Lotte Cinema — creating what would become the nation’s largest theatrical exhibition entity. The […]

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