Police in South Korea today said that 69 officials from theater chains including CGV, Lotte and Megabox, and from 24 film distributors, have been referred without detention to the prosecutor on charges of obstruction of business, local media reports. This follows an investigation that began in June into suspicious box office numbers. Police claim the
CGV
Police in Korea on Tuesday raided three major multiplex chains and the offices of three film distributors on suspicion of box office manipulation, according to multiple local media reports. News agency Yonhap, citing officials from the Seoul Metropolitan Police, said the six entities are alleged to have obstructed the business of the Korean Film Council
Korea’s recent coronavirus resurgence has already taken a toll on the box office over the past two weekends, and exhibitors are now feeling a further pinch. According to the Yonhap news agency, Lotte Cultureworks, which includes multiplex chain Lotte Cinema, said it will offer voluntary retirement to employees who have been with the company for
In an effort to rein in resurgent coronavirus cases in Seoul, Korean authorities last week tightened restrictions on public gatherings. This dealt a blow to the local box office which has seen strong performances over the past several weeks with titles like Peninsula and Deliver Us From Evil. But the Top 5 films in the
Some of the last holdouts in Asia are joining the raft of global markets to see cinema closures, even as the picture in China was beginning to look brighter, before taking a turn today. At this point, all major international box office markets (along with domestic) are essentially closed. Even in places where turnstiles are