Kortrijk, Belgium – May 20, 2021 Cinionic, the Barco, CGS, and ALPD cinema joint venture, announces an expanded exclusive relationship with South Korean-based exhibitor CJ CGV Cinemas to power more theaters with leading projection solutions. Under the new agreement, Cinionic will provide a technology mix that includes Barco Alchemy ICMP-X media servers and Barco projection for all new CJ CGV theaters over the next two years as the circuit pursues its ambitious growth strategy. CJ CGV is currently the largest theater chain in South Korea and 5th largest multiplex company in the world, with locations in China, Indonesia, Vietnam, Turkey, Myanmar, and the United States.
Cinionic will work with CJ CGV to power all new builds and renewals with Barco Alchemy media servers and its leading projection solutions. The circuit, which features an in-house TMS, was looking for an advanced media server capable of seamless integration with CJ CGV’s custom software suite. After extensive testing, Barco Alchemy stood out for its adaptability and versatility as an integral part of CJ CGV’s unique technology eco-system.
Cinionic solutions are fully integrated to deliver CJ CGV increased peace of mind and proven functionality in the field. Barco Alchemy ICMP-X combines the functionalities of an Integrated Cinema Processor (ICP) and media server into one. With rich alternative content inputs and the most powerful DCI decoding in the industry, Barco Alchemy media servers are at the heart of more than 21,000 projectors worldwide.
“Cinionic continues to deliver the leading integrated cinema solutions to meet tomorrow with confidence,” said Cinionic CEO Wim Buyens. “CJ CGV, powered by Cinionic, is an innovator in the cinema industry with diverse experiences and dynamic programming. From media servers to managed services, we equip theaters with the flexibility and peace of mind to welcome and entertain audiences globally.”
Cinionic has been the exclusive provider of cinema projection solutions for CJ CGV since 2018. With this announcement, CJ CGV benefits from the breadth of Cinionic’s technology portfolio.
Today, Cinionic illuminates more than 50% of theater screens around the world. With the largest portfolio of future-ready cinema solutions and services, Cinionic is dedicated to creating elevated moviegoing experiences for audiences today and for years to come.
Founded in 2018 as a cinema joint venture between Barco, CGS, and ALPD, Cinionic unites global leaders committed to creating a new visual standard and moving the cinema industry forward. Cinionic’s future-ready enhanced services and technology solutions provide compelling cinema experiences. The company’s world-class technology portfolio includes award-winning laser projectors, HDR, integrated media servers, and premium cinema experiences, among other innovations.
With more than 95,000 projectors installed globally, Cinionic is trusted by more than 200 exhibitors to help capture audiences at multiple touchpoints in their cinema journey and keep them coming back for more. Today, more than half of the world’s movie theaters are illuminated by Cinionic.
Cinionic has offices in Belgium, the United States, Mexico, Australia, and Hong Kong.
About CJ CGVCinemas
CJ CGV introduced a multiplex theater for the first time in 1998 and created the movie-watching trend in Korea. CJ CGV is the largest multiplex cinema chain in South Korea, and the world’s Top 5 cinema exhibition company present in China, Vietnam, Indonesia, Turkey, Myanmar and the United States. Under the theme of ‘Cultureplex’, CJ CGV has continued developing special theaters like ‘4DX (moving chairs and wind, rain, fog and scent effects etc.)’, ‘ScreenX (a 270-degree screening format that projects images on the side walls of a theater, as well as the front screen)’ and lobby entertainment like ‘lolol (cartoon cafe)’, ‘V BUSTERS (VR entertainment)’. Cultureplex’ is a concept of complex cultural space combining spectacles, entertainment and dinning in theaters. CJ CGV is currently operating 4,269 screens at 594 theaters in seven countries around the world including 1,306 screens at 183 theaters in Korea.