Lotte Entertainment

Lotte Entertainment is a South Korean film producer and distributor and entertainment division under Lotte Cultureworks, which is a Republic of Korea company that also houses Lotte Cinema .[2]

History

In September 2003, Lotte Entertainment was created under Lotte Shopping to manage film production, distribution, investment, and international sales. In 2018, Lotte Corporation spun-off the entertainment branch from Lotte Shopping as Lotte Cultureworks which includes both Entertainment and Cinema divisions.[3]

The Lotte Entertainment division was created to focus its operations in the motion pictures industry, and is often included in Korea's "Big 4" of the major film industry distributors along with CJ ENM, Showbox, and NEW.[4]

In 2006, Lotte Entertainment established the Charlotte Theater in Songpa district in Seoul, which was Korea's first venue solely dedicated to musicals.[5]

International distribution

In early 2015, the company signed a theatrical distribution deal with Paramount Pictures which allowed Lotte to distribute all of Paramount's films in South Korea, after Paramount ended its theatrical distribution deal with CJ Entertainment that year.[6]

In 2016, Lotte Entertainment joined the Globalgate consortium which is led by Lionsgate. As part of the agreement, Lotte represents the Korean and Vietnamese film markets.[7]

Releases

Films

"Along with the Gods: The Two Worlds" (released in 2017) and "Along with the Gods: The Last 49 Days" (released in 2018) are considered the most successful film series in Korea. The first film still ranks as the third most watched Korean film of all time.[8] The franchise is based on a popular Korean web comic of the same title.

The zombie apocalypse thriller "#Alive" (released in 2020) was the first Korean film to be ranked No. 1 in the U.S. and Europe on Netflix streaming platform. The film also reached No. 1 on movie charts across 35 countries.[9]

"Escape from Mogadishu" (released in 2021) was the highest grossing Korean film in 2021 and a Korean Oscar Contender for 2022.[10]

Television series

References

  1. Company: Lotte Entertainment Lotte Entertainment, 7 May 2023, retrieved 7 May 2023^
  2. Liz Shackleton. Lotte Cultureworks to Produce Korean Adaptation of Yes Studios' Israeli Series 'On the Spectrum' Deadline, April 3, 2023^
  3. Lotte Cinema and Lotte Entertainment Introduce a New Independent Corporate Body, Lotte Cultureworks Korean Film Council, 8 May 2023, retrieved 8 May 2023^
  4. Jin-hai Park. Big 4 Wary of New Distributors The Korea Times, June 8, 2018^
  5. Chang-hyun Ahn. What are the Characteristics of Private Theaters? The Hankyoreh News, March 27, 2016^
  6. Hyo-won Lee. Paramount, South Korea's Lotte in Distribution Deal Hollywood Reporter, June 10, 2015^
  7. Tom Grater. How Globalgate Is Spinning Local-Language IP Into International Box Office Hits Deadline, July 22, 2020^
  8. Jean Noh. 'Along With The Gods: The Two Worlds' becomes Korea's third biggest all-time box office hit Screen Daily, January 22, 2018^
  9. Won-jeong Na. Yoo Ah-in's zombie series '#Alive' and 'Kingdom 2' rank #1 on Netflix JoongAng News, September 9, 2020^
  10. Yoo-jin Jeong. 흥행 성적으로 본 올해의 영화들은 [2021 결산-영화] FN News, December 20, 2021^
  11. #tv조선 #드라마 #조선생존기 #유복이 최선을 다하겠습니다😭^
  12. TVN '위대한 쇼' 송승헌, '사남매 父' 되다!^
  13. '조선구마사' 감우성·장동윤·박성훈, 판타지 액션 사극 신세계+갓벽한 라인업 [공식] www.msn.com^
  14. Yoo Jung-min. '종이달' 김서형, 횡령 끝 추락 예고? "인생이 아름답게 무너졌다" MBC Entertainment, March 27, 2023, retrieved March 30, 2023^