[Graphic News] S. Korean performing arts scene sees revenue jump nearly 80% in 2021

The local performing arts scene saw its revenue soar nearly 80 percent in 2021 from a year earlier, thanks to eased social distancing rules and a rising vaccination rate, data showed.

The combined revenue of 12,000 theatrical plays, musicals, classical concerts and other performances reached 307.1 billion won ($258.1 million) last year, according to the data by the Korea Performing Arts Box Office Information System.

The 2021 amount marked a 78.4 percent on-year surge from 172.1 billion won tallied a year earlier, when only 6,600 shows were staged.

Revenues of musicals jumped 63.5 percent on-year to 234.6 billion won last year, accounting for 76.4 percent of the entire market.

Classical concerts posted a combined 33.4 billion won in revenue, up sharply from 8.5 billion won the previous year, while theatrical plays logged a revenue of 25.3 billion won last year. (Yonhap)


By Nam Kyung-don (don@heraldcorp.com)