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Korean Cinema in 'Precarious Period' Due To Netflix, Says Director Jang Joon-hwan (theguardian.com)

(Tuesday November 05, 2024 @10:30PM (msmash) from the perspectives dept.)


An anonymous reader shares a report:

> When Parasite became the first non-English language film in Oscars history to win best picture in 2019, it marked a breakthrough moment for Korean cinema. But the surge of interest that followed the director Bong Joon-ho's international success has not translated into a thriving local film industry, according to another of its leading lights.

>

> The director Jang Joon-hwan said K-cinema was [1]struggling after the arrival of Netflix and other streaming platforms, with movies often rushed on to streaming platforms, and box office ticket sales suffering as a consequence. Jang, whose 2004 cult sci-fi comedy Save the Green Planet is being remade by the Poor Things director, Yorgos Lanthimos, said Korean cinema was going through a "very precarious period" because Korean viewers would increasingly prefer to wait for films to come out on streaming platforms than pay more to go to the cinema.

>

> "I hope that such a day comes that Korean films are being introduced to wider audiences and we can all enjoy them together, however as a Korean film director in Korea, [it's] a very difficult and challenging time with the advent of Netflix and the [streaming] platforms. In this post-pandemic period cinemagoers have dropped dramatically, so investment has dropped. There are less Korean films being made," he said. But he acknowledged that platforms such as Netflix had "introduced a lot of new international fans to Korean content," through hit shows such as Squid Game.



[1] https://www.theguardian.com/film/2024/nov/04/korean-cinema-precarious-period-netflix-director-jang-joon-hwan



Ticket prices have nothing to do with it? (Score:2)

by sodul ( 833177 )

I have not gone to a theatre in many, many years. The last time a ticket was around $10+. I checked my local AMC theatre and one seat is $26.18 for an adult and $23.18 for a child. WTF!

Don't kid yourself. Little is relevant, and nothing lasts forever.