SEOUL, Oct. 23 (Korea Bizwire) — The movie industry logged a strong showing last month, with audience numbers and revenues soaring thanks to blockbuster titles and Chuseok holidays, data showed Friday. The Korean Film Council said the number of moviegoers totaled 5.41 million in September, up 81.1 percent from the same month of 2020. Sales [...]
SEOUL, June 2 (Korea Bizwire) — South Korea’s movie industry is expected to extend its earnings slump to the second quarter of this year due to the new coronavirus pandemic, analysts said Tuesday. Since the first COVID-19 case here on Jan. 20, the outbreak has led to a sharp decline in the number of moviegoers [...]
SEOUL, March 12 (Korea Bizwire) — The South Korean film industry, struggling with the wide spread of the coronavirus, sees the outlook for its summer peak season remaining bleak even if the epidemic eases. As the number of confirmed cases of the COVID-19 virus has reached nearly 7,900 since the first outbreak on Jan. 20, [...]