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Thailand Group Eyes 50 Percent Cinema Share.
Byline: Bamrung Amnatcharoenrit
Mar. 6--With the rapid expansion of its movie complexes, Major Cineplex Group Plc believes it is on course to capture half of Thailand's 3.5-billion-baht-a-year cinema business by the end of this year, up from about 40 percent at present.
That leaves the other two rivals -- SF Cinema City Co and Entertain Golden Village Co (EGV) -- fighting for second place in the highly competitive entertainment market.
SF Cinema City claims to have a 30 percent share, with the remaining 20 percent held by EGV.
Major's growing dominance results from opening new cinemas costing one billion baht each in prime locations, ...
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Source: HighBeam Research, Thailand Group Eyes 50 Percent Cinema Share.