CJ CGV Sells $286 Million Stake in Asian Cinema Businesses

CJ CGV, the Korean movie theaters giant, is to raise $286 million from the sale of a slice of its Indonesian, Vietnamese and Chinese businesses. The company, which has its own stock market listing and is affiliated to the CJ Group, which includes CJ E&M and CJ Entertainment, said this week that it had sold [...]Chinese e-commerce and entertainment giant Alibaba was easily able to sell all the shares it put up for sale in a secondary listing on the Hong Kong Stock Exchange.

A pair of Atlanta concerts featuring Keith Urban, Blake Shelton and Eric Church over the weekend brought more than 90,000 fans to the Mercedes-Benz Stadium and raised more than $200,00 for military support organizations. Friday’s show featured Urban, Shelton, Sam Hunt, Sugarland, Judah & the Lion and Cale Dodds rounded; Sunday’s lineup was Church, Luke [...]

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