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

  • Robert Downey Jr'Avengers: Infinity War' film

    'Avengers: Infinity War' Premiere Draws Largest Contingent of Marvel Superheroes

    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 […]

  • 'The Week Of' film premiere

    'The Week Of' Director Talks Reuniting With Adam Sandler After 'SNL'

    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 […]

  • Beautycon Festival

    Laverne Cox, Paris Hilton Promote Self-Love at Beautycon NYC

    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 […]

  • Duke and Duchess of Cambridge

    The Duchess of Cambridge Gives Birth to Baby Boy

    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 […]

  • J.K. Rowling on the Future of

    J.K. Rowling on the Future of Harry Potter Stories on Stage

    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 […]

  • Chanel x Tribeca Film Festival Women's

    Chanel's Tribeca Film Fest Luncheon Toasts to Women's Movements in Industry

    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