Korea Box Office Stages Tentative Recovery as Cinema Restrictions Ease

“Fantastic Beasts: The Secrets of Dumbledore” topped the box office in South Korea over the May Day weekend, beating a handful of minor local titles which released in hope of catching a rising market. The latest Friday-Sunday period appeared to represent a turning point – a $4.86 million nationwide aggregate was the biggest weekend haul since January – but a slow and uncertain one. Theatrical box office in Korea has been severely depressed all year due to government-imposed COVID restrictions, audience caution and a paucity of new release local titles. Restrictions in cinemas are now being removed and locally-produced films… Read Full Article