Two of Singapore’s cinema operators have announced they are keen to merge as they try to cope with the Covid-19 pandemic.
Cathay Cineplexes, which is owned by Mm2 Asia and Golden Village, owned by Orange Sky Golden Harvest Entertainment (Holdings) Limited (OSGH) will become the largest cinema operators in Singapore if the merger were to go through.
The Projector, Singapore’s only independent cinema, also had trouble coping with the pandemic but pivoted to e-commerce and streaming.
Source: https://www.thedrum.com/news/