"The Target," Korean remake of "Point

'Spider-Man 2' falls to #2 spot

HONG KONG – Local films, including Cannes-bound “The Target,” opened strongly at the beginning of the Labor Day holiday weekend in South Korea.

Fatal Encounter,” an 18th century tale of two rival assassins, comfortably topped the box office and knocked “The Amazing Spider-Man 2” into second place. Distributed by Lotte Entertainment, “Fatal Encounter” took a 46% market share with 653,000 ticket sales, worth $4.52 million, in two days since its Wednesday April 30 debut.

“Spider-Man 2” managed a 24% daily market share, but has already spun out a nine day cumulative score of 2.17 million tickets and a gross of $17.8 million.

“The Target,” which is set to have its international bow in Official Selection, out of competition at Cannes on May 22, shot 267,000 ticket sales for a two day cume of $1.87 million. Target is a Korean remake of French thriller “Point Blank.”

Released on May 1, “Rio 2” managed $351,000 for fourth slot, relegating “Mr Peabody And Sherman” to fifth with an eight day cume of $1.18 million.

Figures could likely have been higher, but for the ongoing depressing effect of the Sewol ferry tragedy.

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