S. Korean Film Market Shrinks 2 yrs in Row in 2021 amid Protracted Pandemic
SEOUL, Feb. 22 (Korea Bizwire) — South Korea’s filmmaking industry contracted for a second straight year in 2021 due mainly to the yearslong COVID-19 pandemic, government data showed Tuesday. The aggregated revenues of the local film market, which includes domestic sales of movie tickets, and online releases and exports, reached 1.02 trillion won (US$855 million) [...]