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, [...]
SEOUL, March 13 (Korea Bizwire) — The number of moviegoers in South Korea fell to a 15-year low in February out of intensifying fears over the infectious coronavirus, data showed Friday. According to the data by the Korean Film Council (KOFIC), a total of 7.37 million people went to the cinema last month, plunging 66.9 [...]
SEOUL, March 6 (Korea Bizwire) — South Korean movie theater chains are screening past blockbusters and classics as the spreading coronavirus has been keeping people from local cinemas. The 2004 fantasy film “Harry Potter and the Prisoner of Azkaban” made a return to the South Korean silver screen in 4DX on Feb. 26. The 4DX [...]
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 [...]
SEOUL, Jul. 2 (Korea Bizwire) — As workers at businesses with over 300 employees are now limited by law to a 52-hour work week, those in the performing arts and fine arts have high hopes for the future due to the potential increase in audience or spectator numbers as the new regulation is set free [...]
SEOUL, May 4 (Korea Bizwire) – There is no such thing as a BFF – and apparently Korean theatergoers are enjoying the premise. More than 90 percent of those who visited the theaters last weekend watched ‘Captain America: Civil War’, the latest blockbuster film from Marvel Studios. Civil War was screened 29,756 times on 1,989 [...]