Protracted COVID-19 Pandemic Pushes Out Non-profitable Art House Theaters

SEOUL, July 20 (Korea Bizwire) — Independent and art film-only theaters have been losing ground as the protracted novel coronavirus pandemic pushes multiplex operators to tighten their belt. CJ CGV, South Korea’s largest multiplex chain, said earlier it will close Myeongdong Station Cine Library, located in downtown Seoul, next month, citing financial issues. “Due to [...]