Patrick Frater Asia Bureau ChiefTheatrical box office in the Asia Pacific region is recovering from the lows established early last year at the beginning of the COVID-19 pandemic.
But South Korea has not shared in the upswing.Data from OpusData compiled by S&P Global Market Intelligence showed a 79% increase in the first four months of 2021, compared with the same period in 2020.
That gave a total of $3.49 billion.China, which has been operating largely normally since October 2020, is not only the biggest market, it is also the biggest recovery story.
It accounted for fully $2.93 billion of the regional aggregate.Takings in the year through April rose 108% year over year in China.
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