Korean Movies Lose Box Office Crown in 2021, for the First Time in a Decade


South Korean cinema last year squeezed out a gain of 14% compared with 2020, but 2021’s major box office honors went to foreign movies, not the normally dominant local film sector. Aggregate gross revenues hit KRW584 billion ($488 million) in 2021, earned from 60.5 million ticket sales, according to Kobis, the data service operated by […]

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