• CGV To Shut Down About 30 Percent Of Movie Theaters Due To COVID-19

A local movie theater in Seoul
A local movie theater in Seoul
South Korea's largest multiplex theater chain says it will shut down about 30 percent of its theaters starting this weekend due to the prolonged fallout from the novel coronavirus outbreak.

CGV said on Thursday that 35 out of 116 theaters under its direct control nationwide will be closed from Saturday.

On remaining screens, it will show movies just three times a day.

Meanwhile, Lotte Cinema said its executives have returned 20 percent of their wages as part of efforts to tackle sluggish business.

The chain added it is carefully considering closing its theaters.■

<Photo: Yonhap News>
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