I was in Korea in 2007 when that Paramount project was announced. Though they left the business in the United States by 2006 someone was willing to pay the money for the Paramount names elsewhere. It's just like the casino business in the United States. Sands Casino no longer operates under that name in Las Vegas and Atlantic City but opened their first Sands location in years in Bethlehem, PA, outside of the Philadelphia and New York markets in recent years.
All I saw for the Korea location was just fencing with signage. Still waiting to see if anything happens. Will Lotte World expand first before the Paramount Korea location ever opens?