Korean Box Office: British Invasion Shuts Out Local Films (2015 WK 9)

By Pierce Conran

Following the busy Lunar New Year holiday, admissions fell to 1.97 admissions over the weekend but the main victims were local films, which saw their market share plummet to 18.5%. In a surprise turn of events, it was the United Kingdom that powered the box office with a 47.5% market share from the top two films, both holdovers.

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Korean Box Office: Detectives and Spies Lead Lunar New Year Weekend (2015 WK 8)

By Pierce Conran

Business shot up 70% over last week, as 3.88 million holiday spectators flooded the theaters, however that figure was over a million lower than last year's Lunar New Year weekend. Granted it's not exactly as fair comparison as LNY itself fell on Friday in 2014 and fell just before the weekend this year. Against stiff competition from British films and foreign animation, local films barely maintained their market share with 50.2%.

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Korean Box Office: DETECTIVE K 2 Opens Over Original (2015 WK 7)

By Pierce Conran

2.25 million spectators shuffled into theaters during the weekend before the Lunar New Year holiday, which was better than last week but still far behind the comparable weekend last year, when Frozen and Miss Granny led the market. Local films maintained a slim majority with a 50.7% screening share.

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Korean Box Office: Soft Opening for C'EST SI BON Ahead of Lunar New Year (2015 WK 6)

By Pierce Conran

In the warm up to holidays, 1.81 million people visited theaters as a Korean film reclaimed the top of the charts. Local films were dominant with 62% of the market.

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Reel Talk: Korea's Lunar New Year Contenders

Every Friday I appear on a segment called Reel Talk for Arirang TV on the 2 o'clock news, mostly covering Korean cinema.

The Lunar New Year, one of Korea's major holidays, takes place next Thursday so local studios are pitting their biggest releases against each other to capitalize on the busy theatergoing period. This week I talked about this year's holiday releases, C'est si bon and Detective K: Secret of the Lost Island.

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News: ODE TO MY FATHER Becomes 2nd Most Successful Korean Film of All Time

By Pierce Conran

Yesterday, JK Youn's Ode to My Father surpassed The Host (2006) and The Thieves (2012) to become the second most successful Korean film of all time. Still in third place on the charts in its eighth week, the blockbuster melodrama added 89,809 viewers on Saturday to bring its total to 13.02 million admissions ($92.16 million). Including foreign films, the film is in third place, behind Avatar's (2009) 13.62 million viewers.

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News: Record Sales & Slim Profits for Korean Film Industry in 2014

By Pierce Conran

South Korea's film industry topped the two trillion won mark for the first time in 2014, reaching 2.03 trillion won (USD 1.84 billion), which was a 7.6% improvement over the previous year. Growth was recorded overall in exhibition sales, the digital online market and overseas sales, yet within those figures Korean admissions, online streaming sales and film exports were all down. Worryingly, despite some record-breaking local hits, the return on investment rate for Korean films almost fell into negative figures.

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Korean Box Office: Heroes Top Fathers and Gangsters (2015 WK 5)

By Pierce Conran

A Hollywood film topped the Korean box office for the first time in 2015 while a pair of Korean blockbusters battled for second place. Local films did hold a combined advantage though with a 55% market share in a weekend that saw 2.08 million spectators visit theaters.

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News: Chinese MISS GRANNY Set to Become Top Korean Film in China

In its first four days, 20, Once Again!, the Chinese version of Korean hit Miss Granny, topped China's box office with $19.9 million. Produced by CJ Entertainment, which was also responsible for last year's Korean version, the film's strong debut suggests that it will soon become the most successful Korean-produced film in China to date.

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News: ODE TO MY FATHER Joins the 10 Million Viewer Club

After four weeks, JK Youn's blockbuster melodrama Ode to My Father joined the 10 million viewer club last night. It is the 11th Korean film to do so at the local box office and the 14th overall. It's also the fourth film of 2014 to reach the mark (a record), along with Frozen, Roaring Currents and Interstellar, and the first time that a director has breached the barrier twice, since Youn's previously managed the feat with Haeundae in 2009.

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News: Oh Dal-soo is the 100 Million Viewer Man

We don't hear much news about Korea's wealth of talented supporting players but here's a nice little tidbit. Character actor Oh Dal-soo has become the first Korean actor to appear in films that have attracted over 100 million viewers at the local box office. Quite a feat in a country of 50 million people.

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News: ROARING CURRENTS Becomes All-Time Most Successful Korean Film

By Pierce Conran

Just shy of midnight on Friday, August 15th, period blockbuster Roaring Currents surpassed Avatar (2009) to become the all time most successful film at the Korean box office. The film reached 13.31 million admissions in only 17 days and after adding 742,576 viewers on the 15th, Liberation Day in Korea, it seems poised to go much further before all is said and done.

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News: ROARING CURRENTS Lays Waste to Korean Box Office Records

By Pierce Conran

Roaring Currents has turned the Korean opening weekend record to rubble with 3.34 million admissions ($25.65 million) during its first weekend, which accounted for 65.7% of the marketplace. That represents a 41% increase over the former record, set by Transformers 3 in 2011 (2.37 million). The film has already banked 4.75 million viewers and $35.4 million since its debut five days ago.

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Korean Box Office: MISS GRANNY, FROZEN Lead Korea's Biggest Weekend

By Pierce Conran

It was a huge weekend for theaters during this year's Lunar New Year, the biggest in fact, with around five million tickets sold. This was above the 3.5 million recording during last year's Lunar Year frame and significantly above the previous 4.5 million viewer record set during late summer last year when Snowpiercer and The Terror Live duked it out. What's more, a surprisingly close battle for first place took place as the two leading pictures swapped places a few times over the course of the week. With Lunar New Year falling on a Friday this year, the holiday stretched over Thursday to Saturday. Figures below are for the standard three-day frame.

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Korean Box Office: Jeon Do-yeon No Match for The Hobbit

Despite a major new local release, the Korean film industry was held at bay once again as the pairing of Jeon Do-yeon and Ko Soo wasn't enough to prevent the new Hobbit from taking first place. 2.24 million tickets were sold over the frame, about 10% over last year, but the local market share, due to a soft opening and a lack of strong holdovers, was weak at 28%.

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Korean Box Office: About Time Tops Slow Weekend

Slow weekend for local releases with only 26% of the 1.62 million admissions going to domestic industry. Things were much rosier this time last year with 75% of 1.95 million admissions going to Korean films.

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Korean Box Office: Sci-fi AM 11:00 Clocks in Middling Debut

With 1.77 million admissions, business was still a little down from this time last year (when admission topped two million) due to a lack of strong new releases. Though with a 60% market share, local releases are still in good shape. This month's new films have been relatively low profile but things should pick up in the coming weeks with some higher profile domestic films, not to mention the invasion of Hollywood holiday fare.

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Korean Box Office: Friend 2 Wins Again as Hunger Games Fails to Catch Fire

Business was a bit slow this past weekend as all the holdovers suffered heavy falls and none of the new releases caught fire. 1.85 million tickets were bought over the frame, down almost 20% from last year. The market share was evenly spread as local releases took a thin edge with 51%, this was down from 72% this time last year.

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Korean Box Office: Gangster Sequel Friend 2 Posts Solid Debut

Compared with last year, business has been a little down but Korean films are as strong as ever as they commanded a 70% share over the past weekend with seven of the top ten films. 2.11 million tickets were sold over the frame, down from last year's 2.62 million, when A Werewolf Boy, the last Twilight film and Confession of Murder were vying for the top.

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Korean Box Office: Hide and Seek Ekes Out Another First Place (08/23-08/25, 2013)

In the last weekend before many schools start their new terms, business had a last hurrah with 3.24 million tickets sold over the frame, approximately 30% more than last year. A new Hollywood release dampened the market share somewhat, but the take for local product still came in at a powerful 63% (versus 78% in 2012).

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