There were few Korean films that were good enough to attract moviegoers until June this year. This led domestic films to poor performances at the box office, making foreign films a more popular choice.
In July the tables have turned, and Korean films have occupied more than 50 percent of the domestic box office.
According to the Korean Film Council on Monday, Korean films drew 10.23 million viewers in July to account for 51.5 percent of the market. The figure is 1.72 million more than that of the same month last year.
Ticket sales amounted to W79.3 billion (US$1=W1,031), up W19 billion on-year.
On the other hand, foreign movies attracted 9.64 million moviegoers in July, 670,000 fewer than a year ago. Despite fewer viewers, their box office sales increased W900 million over the same period as many of them were profitable 3D movies.
With a series of Korean blockbusters, including record setting "The Admiral: Roaring Currents" and "Pirates" in theaters now, Korean films are expected to take up even more of the market.
[Video] Added new teaser trailer and stills for the Korean movie 'Whistle Blower'
Added new teaser trailer and stills for the upcoming Korean movie "Whistle Blower",...More
[HanCinema's Box Office Review] 2014.08.08 ~ 2014.08.10
Kim's "Admiral" surpasses 10M in record time… Kim Han-min's cinematic celebration of the l,...More
KCON 2014 Reaches New Heights with over 42,000 in Attendance
Los Angeles Was the Center of "All Things Hallyu" This Weekend Mayor Eric Garcetti Toured the Conv,...More
Subscribe to HanCinema Pure to remove ads from the website (not for episode and movie videos) for US$0.99 monthly or US$7.99 yearly (you can cancel anytime). The first step is to be a member, please click here : Sign up, then a subscribe button will show up.