At 81 episodes though, I don’t think I’ll be buying the DVDs any time soon. Dae Jang Geum added such profit-making plans without a prior plan in place. Having learned from the DJG experience,Įxperts say that Jumong had projected profits from exports and value-added businesses from its very begining. Revenues come not only from overseas sales but also from marketing add-ons such as men’s cosmetics (can you imagine a CSI aftershave?). Meanwhile there is a bright spot for the Korean content industry: the Hanyoreh reports that the period TV drama series Jumong is generating profits to match and probably exceed Dae Jang Geum. And it’s this message which is behind the unpopular viewpoint that the reduction in the screen quota might actually be a good thing for the Korean film industry. Looked at another way, a glut of poorer quality films aren’t necessarily going to generate as much revenue per film as a small number of better quality films. The Hankyoreh maybe identifies another aspect of the industry’s profitability: more screens, less profit. As is well known in the case of Beyond the Years, even an internationally acclaimed director such as Im Kwon-taek doesn’t have complete control over casting if the money men don’t think the stars are big enough. In an environment where profitability is uncertain, film investors want bankable stars, which of course boosts production costs further. This situation is only likely to worsen in 2007. In the first half of 2006, blockbusters aside, 40 films couldn’t even break even. Korean drama series cease broadcasting from 7 July 2020, and completely. This time, the story doesnt take place in modern times. This romantic comedy drama is loosely based on the 2001 movie of the same name. But production costs are soaring and don’t show any signs of slowing down. Love in the Moonlight (18 episodes) Moon Embracing the Sun (20 episodes) Moon Lovers: Scarlet Heart Ryeo (20 episodes) 30. As Jon Pais speculated over at Twitch in November last year,Įven if production costs stabilized, as the number of films increases, decreased profitability is inevitable. The Chosun recently reported a gloomy picture of the earnings of the Korean film industry.
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