You will be redirected back to your article in seconds

Megabox’s first price hike in 8 years

Other theaters consider making same move

SEOUL — Megabox Theater, one of South Korea’s largest multiplex chains, is today hiking ticket prices by 14% to 9,000 won ($7). It’s the first rise in eight years.

“The raise was inevitable considering the high cost of maintaining theaters, increasing price of commodities and investments for installing digital projectors,” said Ha Dusun, manager of the Megabox’s brand marketing team.

Other loops, including CJ-CGV and Lotte Cinema, are mulling a price hike but are hanging back to avoid accusations of price fixing.

Distributors and producers seem delighted with the decision. “Consumers may complain, but we will reward them with better movies,” said Lee Joon-dong, VP of the Korean Film Producers’ Assn.

More Film

  • Media Luna Picks 'The Unseen,' 'Angela'

    Ventana Sur: Media Luna Picks Up Puenzo's 'The Unseen,' Quintero's ‘Angela’ (EXCLUSIVE)

    SEOUL — Megabox Theater, one of South Korea’s largest multiplex chains, is today hiking ticket prices by 14% to 9,000 won ($7). It’s the first rise in eight years. “The raise was inevitable considering the high cost of maintaining theaters, increasing price of commodities and investments for installing digital projectors,” said Ha Dusun, manager of […]

  • Virtual Reality Conference Promises to Ignite

    Virtual Reality Conference Promises to Ignite Singapore Media Festival

    SEOUL — Megabox Theater, one of South Korea’s largest multiplex chains, is today hiking ticket prices by 14% to 9,000 won ($7). It’s the first rise in eight years. “The raise was inevitable considering the high cost of maintaining theaters, increasing price of commodities and investments for installing digital projectors,” said Ha Dusun, manager of […]

  • SGIFF: Anup Singh Readies Third Film

    Singapore: ‘Scorpions’ Director Readies Third Film With Irrfan Khan (EXCLUSIVE) 

    SEOUL — Megabox Theater, one of South Korea’s largest multiplex chains, is today hiking ticket prices by 14% to 9,000 won ($7). It’s the first rise in eight years. “The raise was inevitable considering the high cost of maintaining theaters, increasing price of commodities and investments for installing digital projectors,” said Ha Dusun, manager of […]

  • Canal Plus

    Canal Plus Orders Thomas Lilti's 'Hippocrate' Medical Series

    SEOUL — Megabox Theater, one of South Korea’s largest multiplex chains, is today hiking ticket prices by 14% to 9,000 won ($7). It’s the first rise in eight years. “The raise was inevitable considering the high cost of maintaining theaters, increasing price of commodities and investments for installing digital projectors,” said Ha Dusun, manager of […]

  • 'Call Me by Your Name' Costumes,

    Luca Guadagnino Relied on a Pair of Longtime Friends for 'Call Me by Your Name' Decor, Costumes

    SEOUL — Megabox Theater, one of South Korea’s largest multiplex chains, is today hiking ticket prices by 14% to 9,000 won ($7). It’s the first rise in eight years. “The raise was inevitable considering the high cost of maintaining theaters, increasing price of commodities and investments for installing digital projectors,” said Ha Dusun, manager of […]

  • A Profile of Argentine Fantasy Genre

    Mar del Plata: Argentina on the Rise -- Demián Rugna

    SEOUL — Megabox Theater, one of South Korea’s largest multiplex chains, is today hiking ticket prices by 14% to 9,000 won ($7). It’s the first rise in eight years. “The raise was inevitable considering the high cost of maintaining theaters, increasing price of commodities and investments for installing digital projectors,” said Ha Dusun, manager of […]

  • Coco Trailer

    'Coco' Stuffing 'Justice League' at Thanksgiving Box Office

    SEOUL — Megabox Theater, one of South Korea’s largest multiplex chains, is today hiking ticket prices by 14% to 9,000 won ($7). It’s the first rise in eight years. “The raise was inevitable considering the high cost of maintaining theaters, increasing price of commodities and investments for installing digital projectors,” said Ha Dusun, manager of […]

More From Our Brands

Access exclusive content