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South Korean Firms Face Backlash Over Film ‘The Assassins’ Controversy

Film Controversy Drags South Korean Corporations and Actors Into Political Crossfire Political and historical backlash surrounding the movie "Assassins" has spilled over into South Korea's corporate sector, leaving major brokerages, state-run banks, and prominent actors facing public scrutiny…

South Korean Firms Face Backlash Over Film 'The Assassins' Controversy

Film Controversy Drags South Korean Corporations and Actors Into Political Crossfire

Political and historical backlash surrounding the movie “Assassins” has spilled over into South Korea’s corporate sector, leaving major brokerages, state-run banks, and prominent actors facing public scrutiny and legal challenges.

As the controversy widens, companies associated with the project or its cast are managing a delicate public relations environment. yna.co.kr reported that corporate entities are closely monitoring public sentiment as political figures press the issue ahead of parliamentary audits.

Actor Advertisements Face Online Restrictions Amid Public Backlash

The fallout has directly impacted marketing campaigns featuring actors who appeared in the film.

Burger King similarly restricted comment sections across its official YouTube and Instagram accounts for advertisements starring Yoo.

Mirae Asset Securities Faces Legal Complaint Over Corporate Event

Financial institutions are also absorbing direct blowback from the controversy.

Former Seoul City Councilman Lee Jong-bae filed the complaint at the Seoul Metropolitan Police Agency on August 30, alleging that Mirae Asset paid for the theater rental to reward the government-affiliated bodies for subscribing to financial products. Lee argued that the arrangement potentially violates the Improper Solicitation and Graft Act or constitutes bribery.

Mirae Asset Securities defended the event as standard industry practice. The firm stated that retirement pension client movie outings are part of routine retirement pension marketing, following previous corporate screenings for films like “Crayon Shin-chan” and “Odyssey,” though it plans to review operational standards to prevent future misunderstandings.

State-Run Banks Brace for Parliamentary Scrutiny Over Film Investments

The controversy extends beyond marketing and client events into direct financial backing. State-run lenders including the Korea Development Bank and the Industrial Bank of Korea face intense pressure from the ruling People Power Party over their investments in the production of “Assassins.”

Lawmakers have signaled intentions to scrutinize whether government influence played a role in securing state funds for the movie during upcoming parliamentary audits. Financial institutions connected to the project have adopted a cautious stance as political debates surrounding the film’s historical narrative continue to intensify.

Frequently Asked Questions About the “Assassins” Corporate Controversy

What specific event does the movie “Assassins” depict?

The film focuses on the 1974 shooting death of First Lady Yuk Young-soo, a historical event that continues to draw significant political and public interest in South Korea.

How have corporate sponsors responded to the online criticism?

Brands including Kiwoom Securities and Burger King restricted comment functions on official promotional videos and social media posts featuring actor Yoo Hae-jin after receiving backlash from viewers.

About the author: Anika Shah - Technology

MSc in Computer Science, senior reporter. Anika focuses on AI ethics, cybersecurity, and emerging hardware—frequently moderating panels at CES and Web Summit. “Anika Shah decodes tech breakthroughs and startup disruption shaping tomorrow’s digital landscape.”