×

Korea’s CJ CGV Switches Turkey CEOs as It Battles With Local Industry

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, and which will become effective from July.

However, only three days after Kwak arrived from Seoul, CGV Mars became part of a new row over the role of Netflix in Turkey. Hit gangster comedy “Organized Jobs 2” (aka “Organize Isler: Sazan Sarmali”,) written and directed by the prominent Yilmaz Erdogan, began to screen on Netflix only two weeks after launching in cinemas. The online version was quickly pirated, and may have contributed to the film’s early exit from cinemas. The title was co-produced by local company BKM and CGV Mars.

CJ CGV previously kicked off its local production efforts in Turkey in 2017 with BKM producing “Hot, Sweet & Sour,” an adaptation of CJ Entertainment’s romantic drama “The Wedding Invitation.”

“Dong Won Kwak, CGV Mars Entertainment Group former CEO, will share his valuable experiences and business knowledge that he gained in Vietnam and Turkey, in CGV Korea Center as member of advisory board as of 18.02.2019,” said CJ-CGV in a statement emailed to Variety.

“Seung Ro Yoon was appointed as new CEO of CGV Mars Entertainment Group. Mr Yoon, worked as global region leader in CGV Korea Center, will work to achieve the 2019 goals of company by making a new leap and taking into account the changing dynamics of sector in the new era.” Yoon previously held positions in Australia and the U.K.

Popular on Variety

More Biz

  • Harvey Weinstein

    Weinstein Can Get a Fair Trial in Manhattan, Says D.A.

    The Manhattan District Attorney’s office argued on Friday that Harvey Weinstein can get a fair trial in Manhattan, and blamed the producer’s defense team for much of the pre-trial publicity in the case. Weinstein’s attorneys have asked an appellate court to transfer the case — which is set to begin on Sept. 9 — to [...]

  • Leonardo DiCaprio Madonna

    Leonardo DiCaprio, Madonna Call for Action on Amazon Wildfires

    As wildfires rage at an alarming rate in Brazil’s Amazon rain forest, celebrities are using their platforms to bring awareness to the deforestation’s impact and to call for action. In the past week, stars like Leonardo DiCaprio, Madonna, Cara Delevingne and Ariana Grande have taken to Instagram to express their frustration with the lack of [...]

  • 'The Durrells' TV Show

    Greece Sweetens Production Incentives as Struggling Country's Economy Rebounds

    It’s taken the better part of a decade for Greece to show signs of recovery from the crippling crisis that almost pushed it out of the Eurozone. Now, with the economy slowly on the mend, the government is doubling down on efforts to jump-start the local film industry, giving a dramatic overhaul to the incentive [...]

  • Warner Music Group Partners With Audiomack

    Warner Music Group Partners With Audiomack

    Warner Music Group announced it has entered a partnership with the music streaming and discovery service Audiomack, marking the platform’s first licensing deal with a major label. According to the announcement, the two companies will work together on content concepts and explore ways to break emerging artists, connecting music fans with rising talent before they [...]

  • Scooter Braun Congratulates Taylor Swift on

    Scooter Braun Congratulates Taylor Swift on ‘Brilliant’ Album and Campaign

    Two days after Taylor Swift fired off the latest salvo in her battle with Scooter Braun, the manager congratulated the singer on the campaign around her “brilliant” new album, “Lover,” which arrived last night. The message came after Swift said she will be re-recording songs from her first six albums, which are now owned by [...]

  • David Koch Obit

    David Koch, Libertarian Activist and Billionaire Philanthropist, Dies at 79

    David Koch, brother of Charles Koch and one of the owners of Koch Industries, the second-largest private company in the U.S., has died at 79. According to the New York Times, Charles Koch announced the news of his brother’s death in a statement. Though he did not attribute to David’s death to a particular cause, [...]

  • Beverly Hills Realtor Accused of Stealing

    Beverly Hills Realtor Accused of Stealing From Usher, Adam Lambert

    A Beverly Hills real estate agent has been arrested on charges of stealing from the homes of celebrities, including Usher, Adam Lambert and “Real Housewives” star Dorit Kemsley. Jason Emil Yaselli, 32, is accused of encouraging an accomplice, Benjamin Ackerman, to enter homes during open houses in order to steal from them. Ackerman allegedly sold [...]

More From Our Brands

Access exclusive content