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Korean films strongly recovered in May

2009/06/12 | 289 views | Permalink | Source

CJ/CGV, Korea's leading cinema chain, announced a 49.1% domestic market share for Korean films in May. Of the 16,322,551 million visitors, 8,018,465 people bought tickets to a Korean film. It is the highest May record for Korean cinema since 2005.

Since 2005, the highest percentage for Korean films in May was in 2006 when Korean films captured a 36.1% market share. Last year May, Korean films accounted for merely 7.8% of the box office.

50% of the top ten most popular films were Korean. Bong Joon-ho's "Mother - 2009", Park Chan-wook's "Thirst", Shin Terra's "My Girlfriend is an Agent", Lee Hae-joon's "Castaway on the Moon", and Park Hee-gon's "Insadong Scandal", in respective order.

May 2009 recorded seven films which scored over 1 million attendees a mark of success at the Korean box office including the Korean films "My Girlfriend is an Agent", "Thirst", "Mother - 2009", and "Insadong Scandal". In comparison, last month April, only 2 films achieved the same, and last year May saw 3 films breach the million mark.

May's performance is a continuation of recently improved performances by Korean films. In April, Korean films took a 46.8% stake, up from 23.1% a year earlier.

Yi Ch'ang-ho (KOFIC)

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