Korea scene cautious despite 2021 resurgence
South Korean sector rebounded by 78% last year as coronavirus restrictions on concert halls and theatres were relaxed
News By James Hanley | 11 January 2022
South Korea’s performing arts sector is remaining cautious despite rebounding by nearly 80% year-on-year in 2021.
As Covid restrictions on concert halls and theatres were eased, the scene generated 307.1 billion won (€226.9 million) last year – 78.4% up on the 172.1bn won (€127m) garnered over the previous 12 months, according to Korea Performing Arts Box Office Information System data.
At 234.6bn won (€173.6m), revenue from musicals accounted for 76% of the entire market, while classical concerts brought in 33.4bn won, up from 8.5bn in 2020.
Choi Seung-hee,…