Multiplexes are in crisis, but 'small movie theaters' are on the rise! > K-Culture

CGV, which opened the multiplex era in the 2000s, implemented voluntary retirement last month, and four movie theaters closed this year alone. As mentioned earlier, Lotte Cinema and Megabox, the second and third largest companies in the industry, declared a merger for 'survival'.

However,

Recently, comedian Noh Hong-chul's 'Hongcheolgwan' opened, attracting attention with its seven-seat total, almost like a scaled-down version of a multiplex, but equipped with comfortable theater-only chairs, a large screen, speakers, and other screening-only systems. In addition, special 'spaces' that target the tastes of movie enthusiasts have been created all over the country, including Movieland in Seongsu-dong, Seoul and the pet-friendly movie theater Movie Factory in Yangsan, Gyeongnam.

The popularity of large multiplexes has waned due to COVID-19,
but audiences are starting to demand show-type movie theaters!