'Odyssey' Yongsan IMAX scalping prompts government intervention... "Strict response" [Star Issue]

*This content was translated by AI.

Penalties for scalping in performances and sports will be significantly strengthened. The government also warned of strict measures against scalping issues in special movie theaters.

Amendments to the 'Performances Act Enforcement Decree' and the 'National Sports Promotion Act Enforcement Decree', which prohibit unauthorized purchases and sales regardless of whether macro programs are used, and impose fines up to 50 times the sales amount on unauthorized sellers, will take effect starting the 28th.

Minister of Culture, Sports and Tourism Choi Hwi-young, at a joint government-institutional investor inspection meeting held today at the National Museum of Modern and Contemporary Art Seoul in Jongno-gu, Seoul, to mark the enforcement of the anti-scalping law, explained the significance of the amended regulations: "Until now, it was difficult to punish even when misconduct was discovered. From today onward, regardless of macro programs, all unauthorized transactions for performance and sports tickets will be prohibited."

The amended Performances Act and National Sports Promotion Act, revised in February, prohibit unauthorized purchases and sales of tickets regardless of whether macro programs are used. Additionally, they establish obligations for businesses to prevent scalping, introduce reward systems for reporting violations, and implement penalty fine mechanisms.

This enforcement decree aligns with the amended law by specifying anti-scalping obligations for ticket sellers and online marketplace operators, and detailing procedures such as penalty fine assessment criteria and reward payment processes.

Through this enforcement decree, responsibilities of ticket sellers and online marketplace operators will be strengthened, and clear criteria for imposing fines will be established to enhance the effectiveness of sanctions against scalping.

Penalty fines imposed on unauthorized sellers will range from two times to a maximum of 50 times the sales amount. For transfers of performance tickets within the reasonable scope of general public understanding, authorities will make rational judgments on whether such transactions constitute unauthorized sales by comprehensively considering legal requirements and other factors.

also mentioned that tickets for the Yongsan CGV IMAX (Yong-a-maek) format of the currently screening movie 'Odyssey' are being scalped at up to dozens of times their original price. stated, "Recently, scalping issues have emerged in special movie theaters. In line with our determination to respond strictly to scalping, we will promptly push for amendments to the 'Act on Promotion of Motion Pictures and Video Products' to prevent scalping through legal revision."

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*This content was translated by AI.