Theaters Archives | Be Korea-savvy
Pandemic Brings End to Netflix vs. Theater Struggle on Theatrical Release Practice

Pandemic Brings End to Netflix vs. Theater Struggle on Theatrical Release Practice

SEOUL, Nov. 12 (Korea Bizwire) — As the latest Netflix original film, “Hillbilly Elegy,” has hit screens of South Korea’s two biggest multiplex chains of CJ CGV and Lotte Cinema, the yearslong conflict between major theaters and the global streaming giant has apparently come to an end amid the COVID-19 pandemic. CGV and Lotte Cinema [...]

New Regulations Mean Better Movie Theater Evacuation Videos for the Disabled

New Regulations Mean Better Movie Theater Evacuation Videos for the Disabled

SEOUL, April 23 (Korea Bizwire) — In the future, evacuation guidance videos for the disabled will also be provided in movie theaters before the movie starts. In the wake of the revision of the revised enforcement rules, the National Fire Agency (NFA) said Wednesday that movie theaters that have newly opened or undergone renovations with [...]

Theaters, Performing Arts See Sharp Decline in Revenues Due to Coronavirus

Theaters, Performing Arts See Sharp Decline in Revenues Due to Coronavirus

SEOUL, March 30 (Korea Bizwire) — South Korean cinemas and the performing arts have seen a sharp decline in revenues in the fallout from the coronavirus pandemic, data showed Monday. Local cinema chains, including industry leader CGV, posted a combined 219.3 billion won (US$179.8 million) in sales from January to the fourth week of March, [...]

Netflix’s ‘The King’ Rekindles Debate over its Theatrical Release Policy

Netflix’s ‘The King’ Rekindles Debate over its Theatrical Release Policy

SEOUL, Oct. 24 (Korea Bizwire) — As Netflix’s upcoming film “The King” hit South Korean screens this week, the global media giant’s theatrical release plans have again emerged as a hot potato in the local cinema market. Megabox, one of the three biggest multiplexes along with CGV and Lotte Cinema, said Tuesday that it would [...]