SEOUL, Aug. 18 (Korea Bizwire) — The upcoming Netflix original series “Aema” is actually 20 years in the making, director Lee Hae-young said, a project he said has evolved significantly over time to find its final form. Inspired by the sensational 1982 hit film “Madame Aema,” the six-episode series explores the vibrant and tumultuous world [...]
SEOUL, May 12 (Korea Bizwire) — In a striking turn of events at the 2025 Korean box office, Yadang: The Snitch has overtaken Bong Joon-ho’s Hollywood sci-fi epic Mickey 17 to become the year’s top-grossing film—thanks to a slow-burning surge powered by viewer recommendations and strategic release timing. Mickey 17, one of the most anticipated theatrical [...]
SEOUL, Dec. 22 (Korea Bizwire) — Theater admissions sharply recovered in the first 11 months of the year compared with the deep slump a year ago but remained below half of the pre-pandemic level, industry data showed Thursday. A total of 986.3 million tickets were sold in the January-November period, up 89.3 percent from a [...]
SEOUL, Feb. 18 (Korea Bizwire) – South Korea’s three major multiplex chain operators have seen their respective 2020 sales plunge nearly 70 percent from a year earlier due to the fallout of the yearlong novel coronavirus pandemic, data showed Thursday. Industry leader CJ CGV, the cinema affiliate under the wing of entertainment giant CJ Group, [...]
SEOUL, Jan. 26 (Korea Bizwire) – The number of cinema closures soared to a 12-year high in 2020 in the wake of the coronavirus outbreak, data showed Tuesday. A total of 81 movie theaters closed shop across the nation last year, nearly double from the 43 shutdowns a year earlier, according to the data from [...]
SEOUL, Dec. 4 (Korea Bizwire) — Lotte Cultureworks, the retail giant Lotte Group’s cinema affiliate, has made inroads into Indonesia, with a goal to open 20 movie theaters in the Southeast Asian country by 2020, the company said Tuesday. As the initial step, the operator of Lotte Cinema, one of the biggest South Korea movie [...]
SEOUL, March 16 (Korea Bizwire) – A subsidiary of South Korea’s largest cinema chain, CJ CGV, said Thursday it has recently opened its first 4DX movie theaters in Norway and France. The 4DXPlex Co. said it opened the two public theaters in partnership with Norway’s Nordisk Film Kono and Pathe of France last Friday and [...]
SEOUL, Jan. 12 (Korea Bizwire) – South Korean box offices pulled in record-high profit despite the falling number of local moviegoers last year, a result of higher film ticket prices, data showed Thursday. The data from the Korean Film Council (KOFIC) showed that the total number of cinemagoers last year was 217.02 million, down 0.1 [...]
SEOUL, June 1 (Korea Bizwire) – The Korean Film Council (KFC) said Tuesday that it will hold a “K-Cinema Global Networking” event in Ho Chi Minh City this month to expand cooperation and exchanges in cinema between South Korea and Vietnam. To be jointly held by the KFC and Vietnam’s culture ministry from June 22 to [...]
BUSAN, May 20 (Korea Bizwire) – The Busan Metropolitan Government will partner with China’s Wanda Group to raise 100 billion won for use in future Korea-China film productions. The city revealed Friday that it had agreed on specific investment terms for the joint-production fund with Wanda Group representatives including chairman Wang Jianlin. Busan mayor Suh Byung-soo [...]