Performing arts market sales up more than 97% on-year in 2022: data

Bomi Yoon

Actors perform during a press call for the popular musical “Sister Act” at the D-Cube Link Arts Center in Seoul, Nov. 22. Yonhap

Annual sales of the country’s performing arts market shot up more than 97 percent last year, a survey showed Friday.

The sales amounted to 972.5 billion won ($747 million), up 97.2 percent from the previous year, and up 14 percent from 2019 before the global breakout of the coronavirus pandemic, according to the Survey on the Performing Art, published by the Ministry of Culture, Sports and Tourism and the Korea Arts Management Service.

The amount included the revenue from selling tickets to the performing arts and artwork sales, as well as rental fees for performing art halls.

Of the total, ticket sales took up the largest portion at 57.8 percent, up 155.7 percent from the previous year.

The operation rate of performing art halls came to 50.2 percent, up from the 37.2 percent recorded in 2021. But the figure was lower than the 59.6 percent seen in 2019 as the nationwide social distancing rules to control the spread of the coronavirus were lifted only in April 2022.

The online survey was conducted from June 9 to Oct. 24 last year on 5,286 performing arts centers around the country. (Yonhap)

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