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Virus-hit Korean cinema majors required to shutter theaters

South Korea’s contributing multiplex cinema chain operators began to shutter theaters in the middle of few website visitors expected to continuing virus hazard.


Lotte Movie announced Mon it was shutting down down two theaters in Jung-gu, central Seoul plus Gumi, North Gyeongsang Region.


롯데시네마 드리미 채용 -dong location in Jung-gu went out of business on Sept. 10 caused by poor ticket sales amid the COVID-19 outbreak, the business discussed. The Gumi location was closed down upon Sept. 6 due in order to the expiration of any business enterprise partnership contract using the proprietor. But industry observers suspected the latter wall socket user decided not to invigorate the contract due in order to poor ticket sales in the middle of virus-led social distancing.


One more leading multiplex sequence Megabox also closed lower 2 locations permanently due to a plunge in visitors – 1 in Cheongna, western Incheon on Sept. 13 and the other in Sacheon, South Gyeongsang Province on Sept. 14.


This is the first time for any country’s large multiplex cycle theaters to report long-lasting enterprise closure in Korea considering that the virus outbreak.



Throughout March, the country’s greatest chain CJ CGV temporarily shuttered 35 theaters across the country, and Lotte Cinema moved into an emergency function to help save price.


The range of visitors to most movie theaters nationwide totaled 32. 41 million within the 1st six a few months of the year, rapidly declining 70. 3 % from same period a 12 months previously, according to typically the Korean Film Council. Lotte Cultureworks Corp., the particular operator of Lotte Theatre, delivered an operating decrease of thirty four. 4 billion triumphed in ($29. 1 million) about sales of 102. 5 various billion dollars won in the January-March interval.

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