Culture Minister Vows to Minimize Impact of Megabox Court Receivership
Korea's Culture Minister Choi Hwi-young held an emergency meeting to address Megabox's court receivership, vowing to minimize the impact on the film industry through legal counsel and a grievance…
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Lotte Cinema and Megabox merger collapses after 14 months of negotiations
The long-gestating tie-up would have created Korea's largest theater chain, but talks stalled as Megabox owner JoongAng Group slid into a li

Lotte Cinema and Megabox abandon proposed merger as deal expires
Five subsidiaries of Megabox parent JoongAng Group have filed for court-supervised restructuring; broadcaster JTBC also impacted by financia

Lotte Cinema and Megabox abandon proposed merger as deal expires
Five subsidiaries of Megabox parent JoongAng Group have filed for court-supervised restructuring; broadcaster JTBC also impacted by financia

As K-pop costs soar, government plans bigger boost for smaller agencies
The Culture Ministry plans to double expansion support for small and mid-sized music agencies next year, as the government seeks to bolster
Lotte Cinema, Megabox Merger Talks Have Ended
Lotte Cinema and Megabox, South Korea’s number two and three cinema chains, will no longer pursue a merger, Lotte Shopping has announced. In

Lotte Cinema-Megabox merger collapses as JoongAng Group faces financial crisis
South Korea's Lotte Cinema-Megabox merger collapses as parent JoongAng Group's financial crisis triggers rehabilitation filings.

Lotte Cinema-Megabox merger collapses as JoongAng Group faces financial crisis
South Korea's Lotte Cinema-Megabox merger collapses as parent JoongAng Group's financial crisis triggers rehabilitation filings.
As K-pop costs soar, government plans bigger boost for smaller agencies
SEOUL – The Culture Ministry plans to double expansion support for small and mid-sized music agencies next year, as the government seeks to

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