Daehan Cinema closing day looms

Daehan Cinema, Korea's oldest cinema, is set to close on September 30, 66 years after its opening, due to ongoing deficits, with plans for the building to be converted into an immersive theater venue.

Pedestrians walk by Daehan Cinema in central Seoul's Chungmuro neighborhood on Wednesday. [NEWS1]

Pedestrians walk by Daehan Cinema in central Seoul's Chungmuro neighborhood on Wednesday.

Daehan Cinema, Korea's oldest cinema, announced earlier this year that it would close its doors on Sept. 30, 66 years after opening, after failing to withstand a chronic deficit. The theater was Korea's largest when it opened in 1958.

The Century Company, also known as Segi Corporation, which owns the building, plans to transform it into a venue for immersive theater in order to improve its business structure.