SEOUL, May 6 (Korea Bizwire) — As South Korea switched to an everyday form of social distancing from Wednesday, the film industry, hit hard by the novel coronavirus pandemic, is slowly moving to go back to normal. The number of daily moviegoers plunged to an all-time low of 15,000 on April 5 as people have [...]
SEOUL, April 8 (Korea Bizwire) — As the South Korean film industry has been battered by the coronavirus pandemic for months, top actors’ upcoming projects have been affected by delayed productions and release schedules. More than 50 domestic and foreign films have put off or canceled their premieres slated for the first half of this [...]
SEOUL, April 2 (Korea Bizwire) — The South Korean government’s recent plans to give financial support to the virus-hit film industry is drawing mixed views on whether they are effective and realistic enough for theaters and filmmakers to get over the crisis. Earlier this week, the government said it is considering an exemption from charges [...]
SEOUL, March 25 (Korea Bizwire) — The local film industry on Wednesday called on the government to come up with emergency plans to rescue a sector battered by the novel coronavirus. “The South Korean film industry is sinking into the abyss of a dead-end crisis,” industry officials said in a joint statement. “Many firms in [...]
SEOUL, Sept. 23 (Korea Bizwire) — South Korean IT giant Kakao Corp., the operator of the country’s top mobile messenger KakaoTalk, has recently taken over two local movie studios to make inroads into the filmmaking industry. Last week, Kakao M Corp., an entertainment unit of Kakao, said that it has secured a majority share in [...]
SEOUL, Mar. 12 (Korea Bizwire) — The staff at film festivals are exposed to poor working conditions, working an average of 13.4 hours a day and up to 90 hours a week, according to a survey. The results were based on information provided by 40 staff members of the film industry from last September to [...]
SEOUL, June 8 (Korea Bizwire) – Earlier this week, CJ CGV, South Korea’s largest multiplex operator, celebrated its 1 billionth moviegoer since it opened its first multiplex in Seoul in 1998. Multiplex cinemas currently dominate South Korea’s film market. As of 2016, CGV, Lotte Cinema, and Megabox – the big three cinema operators – boasted [...]
SEOUL, June 2 (Korea Bizwire) – Okja, director Bong Joon-ho’s action-adventure film that wowed audiences at the Cannes Film Festival, is once again under fire, this time in South Korea, with Netflix choosing to release the film online at the same time as it is released at local theaters. Along with another Netflix film, The Meyerowitz [...]
SEOUL, Feb. 9 (Korea Bizwire) – Taiwanese President Tsai Ing-wen’s recent commitment to nurture the local motion picture industry comes after a TV series by tvN, Guardia: The Lonely and Great God (also referred to as “Goblin”), became a major hit on Taiwanese television. During a luncheon meeting on Tuesday, President Tsai emphasized the importance [...]