Fall of Iconic Daehan Cinema Signals Crisis for Korean Cinemas

SEOUL, May 6 (Korea Bizwire) – Chungmuro, the heart of Korean cinema, has lost one of its last bastions. The Daehan Cinema, once a leading marquee in the neighborhood affectionately called the “Broadway of Seoul,” will shut down on September 30 after 66 years, succumbing to years of deficits its operator could no longer sustain. [...]