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Korean Box Office Has Yet to Find Post-Coronavirus New Normal

South Korean cinemas have reopened. But business is far from normal. Nationwide box office over the weekend trickled in at just 7% of what it was this time last year. And with Hollywood’s direct...

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Theatrical Releases Firmed up in Korea as Summer Season Approaches

Major local film titles are beginning to appear on the Korean releasing schedule as COVID-19 retreats and the peak summer season approaches. Since Korean cinemas began reopening earlier this month,...

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‘Parasite’ Wins Five Prizes at Korea’s Grand Bell Awards

Bong Joon-ho’s multi-Oscar winning “Parasite” keeps winning. A year after its triumphant Cannes debut, the film took home five trophies at Korea’s Daejong Awards (a.k.a Grand Bell Awards) held in Seoul...

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Korean Box Office Doubles From Previous Weekend

For the first time since coronavirus struck South Korea in January, theatrical box office in the keenly cinema-going nation showed a significant sign of recovery. Weekend ticket sales numbers reached...

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Korea’s CJ CGV To Cut Debt By Selling Stake in Vietnam Property Unit 

South Korea’s top exhibitor CJ CGV will sell its 25% stake in CJ Vietnam, CJ’s Vietnamese real estate investment unit, on Jul. 3. The move is will shore up CGV’s balance sheet which has been badly hit...

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Skydance to Adapt Korean Drama ‘Hotel Del Luna’ From Studio Dragon

South Korea’s CJ ENM, the studio behind “Parasite,” and its subsidiary Studio Dragon have signed a partnership deal with American production company Skydance Media’s Skydance Television to co-develop...

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Korean Acemaker Movieworks Makes Bold Strides in Film

Set up by former Showbox executive Helen Jung, who had been behind multiple hit films such as historical drama “A Taxi Driver,” crime drama “Inside Men,” as well as disaster pic “Tunnel” and 2014...

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Korean Film Industry Struggles to Balance ‘New Normal’ and Social Distancing

Hard hit by the coronavirus pandemic, the Korean film industry, which celebrated its centenary with Bong Joon-ho’s history-making Academy awards for “Parasite” earlier this year, has been in an...

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Celebrating the Korean Entertainment Making a Global Impact

Building on the success of “Parasite,” the Korean entertainment industry has had a huge 2021. K-pop remains a worldwide phenomenon, the Korean series “Squid Game” has found passionate audiences around...

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Introducing CJ ENM’s 2021 Visionary Honorees

Youn Yuh-jung Youn Yuh-jung, a 74-year-old actor whose career spans five decades, became a top-rated performer and an iconic star in the early 1970s with her breakout role in the 1971 thriller “Woman...

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