Jung Jong-min, CGV CEO: "Shifting Focus to Content, Exploring Various Alternatives"

At the town hall meeting held on the 19th at CGV Yongsan I'Park Mall, CGV CEO Jeong Jong-min is communicating with the members. Photo by CJ CGV

Jung Jong-min, CEO of CJ CGV, held his first town hall meeting since taking office and pledged change and growth.

At the town hall meeting held on the 19th at Yongsan CGV in Seoul, CEO Jung said, "We will discover growth engines centered on various content enjoyed in theaters and take on new challenges,” adding, “We will create an encouraging atmosphere by timely recognizing and rewarding achievements.”

He continued, "Although the domestic film industry is somewhat stagnant, this is a time when a solid structural improvement that can withstand the cold wind is more necessary than anything else,” and promised, “We will continue investing in promising future fields that only CGV can pursue, such as SCREENX and 4DX, to strengthen competitiveness.” He also stated, “We must secure new growth engines unique to CGV through new attempts,” and “We need to leverage the advantage of owning theaters globally to create synergy.”

Furthermore, he emphasized, “In a situation where content acquisition is difficult, it is time to prepare various alternatives to secure our own content.” CEO Jung encouraged, “While strengthening the competitiveness of the theater platform, we must now shift our thinking to focus on content. Let’s continuously discover and expand content that can be enjoyed in theaters beyond movies, including ICECON content.”