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First reported by Variety
Lotte Cinema-Megabox merger collapses as JoongAng Group faces financial crisis

Lotte Cinema and Megabox abandon proposed merger as deal expires

Five subsidiaries of Megabox parent JoongAng Group have filed for court-supervised restructuring; broadcaster JTBC also impacted by financial woes.

Read the full article
Liz Shackleton7d ago3 min readenNews

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