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Film Industry Denies Allegations amid Box Office Rigging Probe

Film Industry Denies Allegations amid Box Office Rigging Probe

SEOUL, Aug. 17 (Korea Bizwire) — Police have accused film distributors of manipulating ticket sales and obstructing official duties, while the movie industry is deeming the allegations excessive. The Seoul Metropolitan Police Agency on Wednesday announced the result after investigating three major movie theater chains CGV, Lotte Cinema and Megabox, 98 film distributors and 462 [...]

Car Sales Jump After Appearing in Films and Dramas

Car Sales Jump After Appearing in Films and Dramas

SEOUL, April 24 (Korea Bizwire) — The pandemic has boosted the consumption of video content such as films and TV series, and the cars that appear in these videos are gaining popularity. Netflix’s new Korean crime action series “Kill Boksoon” is notable for featuring the main character’s Mercedes-Benz G-Class. The four-wheel-drive vehicle is unique for [...]

Cinema Admissions Remain Below Half of Pre-pandemic Level Through Nov.

Cinema Admissions Remain Below Half of Pre-pandemic Level Through Nov.

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 [...]

S. Korean Film Distributors Jump into NFT Market

S. Korean Film Distributors Jump into NFT Market

SEOUL, Feb. 3 (Korea Bizwire) — With non-fungible tokens (NFTs) rising as a new industry trend, the film industry has also joined the rush to come up with NFT goods. Local film distribution companies are following suit after Lotte Entertainment launched NFT goods for “Matrix: Resurrection” released in December last year. The recently released Korean [...]