You will be redirected back to your article in seconds

Sony video unit exiting Korea

Home entertainment arm closes offices

Sony Pictures Home Entertainment is shuttering its Korean office at the end of this month due to the country’s sluggish DVD market.

Sony Pictures Home Entertainment Korea has tried to develop the market since its first DVD release, “Fly Away From Home,” in 1999. The company also tried to break into the market by distributing Blu-ray titles.

SPHE is one of the last American video distributors still in Korea. Universal, Paramount, Buena Vista and 20th Century Fox withdrew in 2006. Warner Bros. Home Video Korea is still open.

According to the Korean Film Council, piracy has cut the value of Korea’s home entertainment market this year to an estimated $289 million, half of its 2002 total.

More Scene

  • Cal Mare

    New L.A. Restaurants, Bars and Updated Favorites for Fall 2017

    Sony Pictures Home Entertainment is shuttering its Korean office at the end of this month due to the country’s sluggish DVD market. Sony Pictures Home Entertainment Korea has tried to develop the market since its first DVD release, “Fly Away From Home,” in 1999. The company also tried to break into the market by distributing […]

  • Lupus Research Alliance 'Breaking Through Lupus

    Selena Gomez Chokes Up While Describing 'Life or Death Struggle' With Lupus

    Sony Pictures Home Entertainment is shuttering its Korean office at the end of this month due to the country’s sluggish DVD market. Sony Pictures Home Entertainment Korea has tried to develop the market since its first DVD release, “Fly Away From Home,” in 1999. The company also tried to break into the market by distributing […]

  • AMAs Afterparty at Watt's with Niall

    Niall Horan, Chainsmokers, Rae Sremmurd Bring the AMAs After-Party to Beverly Hills

    Sony Pictures Home Entertainment is shuttering its Korean office at the end of this month due to the country’s sluggish DVD market. Sony Pictures Home Entertainment Korea has tried to develop the market since its first DVD release, “Fly Away From Home,” in 1999. The company also tried to break into the market by distributing […]

  • HBO Presents-Night of Too Many Stars

    Jon Stewart, Other A-List Comics Skip Over Louis C.K. at 'Night of Too Many Stars'

    Sony Pictures Home Entertainment is shuttering its Korean office at the end of this month due to the country’s sluggish DVD market. Sony Pictures Home Entertainment Korea has tried to develop the market since its first DVD release, “Fly Away From Home,” in 1999. The company also tried to break into the market by distributing […]

More From Our Brands

Access exclusive content