Universal and Christopher Nolan’s Oppenheimer debuted in more than 500 locations in Korea on Tuesday, capitalizing on the Liberation Day national holiday. The epic bowed to $4.3M, capturing 44% market share for the day in a highly competitive environment. That marks the best Nolan opening day in the market, biggest Hollywood opening of the year there (No. 2 launch
South Korea
Police in South Korea today said that 69 officials from theater chains including CGV, Lotte and Megabox, and from 24 film distributors, have been referred without detention to the prosecutor on charges of obstruction of business, local media reports. This follows an investigation that began in June into suspicious box office numbers. Police claim the
As the hunt for the next Squid Game continues, we’re seeing new consolidation in the South Korean content sphere. Korean streaming platform Wavve has bought KOCOWA (Korean Content Waave), the K-content streamer that operates in the Americas. The companies already have similar ownership structures, with Wavve (aka Content Wavve) owned by Korean networks KBS, MBC and