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S. Korean Cinemas See 70 pct Drop in Revenue due to Protracted Coronavirus Pandemic

S. Korean Cinemas See 70 pct Drop in Revenue due to Protracted Coronavirus Pandemic

SEOUL, Oct. 5 (Korea Bizwire) — The combined revenue for South Korean movie theaters declined by over 70 percent as the new coronavirus pandemic has continued for months, according to a lawmaker Monday. Cinemas across the country posted revenue of 415.1 billion won (US$356.9 million) in the first nine months of this year, more than [...]

S. Korean Moviegoers Less Worried About Coronavirus at Cinemas

S. Korean Moviegoers Less Worried About Coronavirus at Cinemas

SEOUL, Sept. 24 (Korea Bizwire) — South Korean moviegoers feel less concerned about possible coronavirus infections at cinemas due to tightened social distancing rules, a survey showed Thursday. Three major multiplex chains, CGV, Lotte Cinema and Megabox, conducted a joint poll on 1,746 people who went to cinemas from Sept. 12-13, asking whether they feel [...]