Film Industry Set to See Record-Low Revenue This Year

The coronavirus-hit film industry is expected to see revenue fall below W1 trillion this year (US$=W1,092).

The Korean Film Council said on Monday that total revenue from box office receipts, online sales and overseas sales is estimated to reach around W913.2 billion this year.

It would be the first time the figure has dropped below W1 trillion since relevant data was first compiled in 2004.