movie

Koreans love going to the cinema. The best movie theaters in Seoul were always packed pre COVID. Now many are closed and a few that are open can barely fill half the seats. Will the movie-going experience in Korea survive post-COVID? Even the best movie theaters in Seoul face uncertainty as long as the Korean government bans large indoor gatherings. In addition, streaming services have changed the way movies are now released. Netflix for example is even streaming Korean dramas along with Korean films. Major movie theaters in Korea have taken a massive hit in 2020. CGV, Megabox, and Lotte Cinema are not expecting revenues to recover to pre-pandemic levels maybe ever.