Serious Korean film industry situation.jpg

(1)As I work in this industry, I’m actually not afraid of the present, I’m afraid of the future.
(2)If I ask you a question, I think you’ll get the answer.
(3)CJ Showbox, Lotte New Megabox, and other major investment companies make their main investments.Do you know what percentage of the company’s total film production costs if these companies become the main investment companies?If you talk about facts, 20 to 30 max. 30 means that the remaining 7 to 80 are partial investment funds or start-up investment companies.
(4)At the beginning of the movie, it says it’s co-provided. They invest 7 to 80 dollars in production costs.After nearly 3 years of COVID-19, movies haven’t been successful.
(5)The fund, the investment company, most of the movies, all of the investment companies lost money.
(6)So I asked them what the current result was, and they all declared that they wouldn’t invest in movies and left.From now on, CJ Showbox Lotte New Megabox will have to spend 7 to 80 won on the company’s money and get investment from a partial investment company for the remaining 20 to 30 to film a movie.
(7)What that means is that the risk went up for an industry where the market shrank without the audience coming.
(8)No other company in the world is investing in its products with a slim chance of success.
(9)Until the first half of next year, there are still movies that can be released during COVID-19.
(10)But starting this year, there are few investors in Korea who are investing in Korean movies.
(11)That’s the reality. From the second half of next year, how many Korean movies will come out in the theaters per month?
(12)I don’t know what’s going to happen in the next year.
(13)I’m worried that the future of Korean movies is not as bright as you think, so I think I’m looking at the future.