CEO Lee took this year's biggest box office hit "Pasimyo", which attracted 11 million viewers. "The unit price of Pasimyo is only 9,655 won, and the money returned to the production company at this time is 3,797 won. Compared to when the unit price was 12,000 won, 900 won per ticket disappeared. The production company of Pasimyo sat still and lost 10.5 billion won."
Last year, the Youngjin Committee's Fair Environment Creation Center held related discussions, but it is currently suspended, CEO Lee said. "Even distributors did not show their will, so the initiative was completely transferred to the theater." He stressed that the theater industry should transparently disclose related information to distributors and producers and normalize customer prices.
Along with the current downturn in the film industry from OTT, the long-standing profit and loss structure problem has resurfaced.
This chronic problem in Korea's film industry is
We didn't touch the structure that was made a long time ago
The problem is getting bigger because we've come this far.
If the current trend continues
The fall of the film industry seems to be only a matter of time.
I think there is an urgent need for developmental improvement.