multiplex chains Archives | Be Korea-savvy
Movie Theaters Keep Transforming to Attract Spectators

Movie Theaters Keep Transforming to Attract Spectators

SEOUL, July 3 (Korea Bizwire) — The transformation of multiplex chains, shifting from “viewing theater” to “participatory theaters,” a trend that began during the COVID-19 pandemic, is accelerating. The Seongsu branch of Megabox recently launched an open platform called Meta Ground by renovating one of its screens. The new platform showcases a variety of media [...]

S. Korea’s Three Major Multiplexes Post Nearly 70 pct Sales Plunge in 2020

S. Korea’s Three Major Multiplexes Post Nearly 70 pct Sales Plunge in 2020

SEOUL, Feb. 18 (Korea Bizwire) – South Korea’s three major multiplex chain operators have seen their respective 2020 sales plunge nearly 70 percent from a year earlier due to the fallout of the yearlong novel coronavirus pandemic, data showed Thursday. Industry leader CJ CGV, the cinema affiliate under the wing of entertainment giant CJ Group, [...]

S. Korean Multiplex Chains to Give Financial Support for New Releases in Feb.

S. Korean Multiplex Chains to Give Financial Support for New Releases in Feb.

SEOUL, Jan. 18 (Korea Bizwire) – South Korea’s three major multiplex chain operators said Monday they will provide additional financial support to new movies next month as an inducement strategy to bring weary moviegoers back to cinemas amid the prolonged coronavirus pandemic. In the South Korean film industry, theaters and film distributing companies divide the [...]