Frozen 2: South Korean NGO sues Disney over screen monopoly

A South Korean NGO has filed a complaint against Walt Disney, alleging that Frozen 2 has violated the country's anti-monopoly laws by occupying 88 percent of the domestic movie screens.
Disney,Hollywood,Frozen 2,South KoreaSouth Korean NGO sues Disney over ‘Frozen 2’ Screen Monopoly
  • 0
  • facebook
  • twitter
  • Share on whatsapp

A South Korean NGO has filed a complaint against Walt Disney, alleging that it’s recent release Frozen 2 has violated the country's anti-monopoly laws by occupying 88 percent of the domestic movie screens. On Sunday, the Public Welfare Committee (PWC), an NGO based in Seoul, requested a probe into Walt Disney Korea's suspected monopoly of the domestic movie market, alleging that the company has violated the country’s antitrust act.
 
According to The Hollywood reporter, in its complaint, PWC asserted that by occupying more than 50 percent of the market, Disney is trying to garner huge profits in a short time. And in doing so, it is limiting consumers’ choice and violating the law. "Attempted to monopolize the screens and seek great profit in the short term, restricting the consumer's right to choose," the complaint said.  
 
Disney enjoys a massive fan base in the country. All its films do exceptionally well in the Korean theaters, thanks to the loyal audience. Since its release on November 23, Frozen 2 has minted $61.2 million in Korea, making the country its third-largest market worldwide.

 
The allegations levelled by the South Korean civic group is expected to further fuel the screen-quota controversy that has been a prevailing cause of concern in the country’s film market.  
 
According to The Korea Bizwire and various Korean media reports, earlier in November, a group of filmmakers issued a statement requesting the government to take steps to prevent domination of screens by big-budget movies, in order to provide space for small budget films.

 

"Stay in sync with the latest and hottest" & "SUBSCRIBE TO PINKVILLA"

Add new comment