Who the fark goes to cinema to watch movies these days? All can be watched online through TV or PC, LOL.
This stubborn farker is going to be bankrupt real soon.
https://www.channelnewsasia.com/singapore/cathay-cinema-jem-outlet-closed-rent-mm2-asia-5026871
Cathay cinema at Jem shopping mall closes, operator owes landlord S$4.3 million in rent
This is the sixth cinema that operator mm2 Asia has closed in the last three years.
https://www.channelnewsasia.com/singapore/cathay-cinemas-mm2-asia-not-giving-up-4926581
Cathay Cineplexes operator says it won't give up despite financial struggles
Founder of mm2 Asia Melvin Ang tells CNA in an exclusive interview that he believes a recovery for the struggling cinema industry is finally within reach.
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Melvin Ang is the founder of mm2 Asia, which owns the Cathay Cineplexes chain of cinemas. (Photos: CNA/Raydza Rahman, Facebook/Cathay Cineplexes)
Who the fark goes to cinema to watch movies these days? All can be watched online through TV or PC, LOL.
This stubborn farker is going to be bankrupt real soon.
https://www.channelnewsasia.com/singapore/cathay-cinema-jem-outlet-closed-rent-mm2-asia-5026871
Cathay cinema at Jem shopping mall closes, operator owes landlord S$4.3 million in rent
This is the sixth cinema that operator mm2 Asia has closed in the last three years.
https://www.channelnewsasia.com/singapore/cathay-cinemas-mm2-asia-not-giving-up-4926581
Cathay Cineplexes operator says it won't give up despite financial struggles
Founder of mm2 Asia Melvin Ang tells CNA in an exclusive interview that he believes a recovery for the struggling cinema industry is finally within reach.
![]()
Melvin Ang is the founder of mm2 Asia, which owns the Cathay Cineplexes chain of cinemas. (Photos: CNA/Raydza Rahman, Facebook/Cathay Cineplexes)
Dunno how to adapt sure dead end roadSome fuckers are just not cut out to do business.
Who the fark goes to cinema to watch movies these days? All can be watched online through TV or PC, LOL.
This stubborn farker is going to be bankrupt real soon.
https://www.channelnewsasia.com/singapore/cathay-cinema-jem-outlet-closed-rent-mm2-asia-5026871
Cathay cinema at Jem shopping mall closes, operator owes landlord S$4.3 million in rent
This is the sixth cinema that operator mm2 Asia has closed in the last three years.
https://www.channelnewsasia.com/singapore/cathay-cinemas-mm2-asia-not-giving-up-4926581
Cathay Cineplexes operator says it won't give up despite financial struggles
Founder of mm2 Asia Melvin Ang tells CNA in an exclusive interview that he believes a recovery for the struggling cinema industry is finally within reach.
![]()
Melvin Ang is the founder of mm2 Asia, which owns the Cathay Cineplexes chain of cinemas. (Photos: CNA/Raydza Rahman, Facebook/Cathay Cineplexes)
The continuously changing economic models keep challenging businesses to stay relevant. In order to ensure long lasting competitiveness, companies must keep on delivering sustainable value, which is getting more difficult to achieve.Dunno how to adapt sure dead end road
The last movie I watched in the cinema was before the Covid-19 Circuit Breaker.the last movie i watched is at JBCS.
Traditional business models, where corporations leveraged on their economies of scale, technology and a reliable supply chain to meet the demands of the mass market, are numbered. The cycle of industrial production and uncontrolled product consumption, owing to greater consumer spending power, are behind us.Some fuckers are just not cut out to do business.
The unrelenting changes affecting our society have implications for the way we do business. Only innovative solutions that bring genuine value, appropriate to the specific needs of consumers, will result in sustainable growth.Indeed stubborn. MM2 stocks are worse than penny stocks. Fucking worthless
Survival of the fittest. How come GV can thrive while not this Cathay? Filmgarde also closing and exiting. Shaw has all but pivoted their businesses I think they keeping the cinemas for nostalgia sake only. So what gives?The continuously changing economic models keep challenging businesses to stay relevant. In order to ensure long lasting competitiveness, companies must keep on delivering sustainable value, which is getting more difficult to achieve.
The cinema industry is facing challenges, but GV seems to be doing better than their competitors because they are adapting to changing markets, as seen by their collaboration with the projector at Cineleisure. There is a willingness to diversify their offerings, to include art house style films with main stream blockbusters.Survival of the fittest. How come GV can thrive while not this Cathay? Filmgarde also closing and exiting. Shaw has all but pivoted their businesses I think they keeping the cinemas for nostalgia sake only. So what gives?
When I was a child, the cinema had staff selling tickets, ushers to show patrons to their seats using torchlights, vendors selling snacks like kacang puteh and drinks and an army of cleaners. Movies were usually full house events providing many jobs for the less educated.Nowadays, no more aunties sitting behind the counter selling movie tickets anymore. All self-service kiosks.
Do you even know how mm2 structures its business? Apart from mainstream fare like Jack Neo's shit, it distributes arthouse films and invests in new wave Sg and regional filmmakers, and yet it can't survive. Why? It's not about diversifying portfolio. No business in the local entertainment scene has done it more than mm2. Apart from making and distributing films, it has acquired numerous other entities including a post-house called VividTree, and an event company, Unusual productions. Quite clear you don't have insider knowledge. There are many reasons why mm2 has failed, one of which ironically is the greed of rapid expansion and diversification. You will always be fucked when you bite off more than you can chew. you should go find out rather than spout platitudes here.The cinema industry is facing challenges, but GV seems to be doing better than their competitors because they are adapting to changing markets, as seen by their collaboration with the projector at Cineleisure. There is a willingness to diversify their offerings, to include art house style films with main stream blockbusters.