S. Korean box office down

Cinema at 47.3% market share

SEOUL – South Korean cinema posted a 47.3% market share in the first half of 2007, the lowest level since 2001.

According to a report issued by leading exhibitor CGV, market share in the capital Seoul was even lower at 41.2%.

Only four local titles managed to sell two million tickets, compared to seven in the same period last year.

Market share for Korean films in 2006 was over 60%.

Overall admissions amounted to 72,010,530, a 10.8% drop from the same period last year — but still higher than 2005 or 2004 levels. Month-by-month, only June managed to top the level of the previous year.

Meanwhile, five Hollywood titles – “Spider-Man 3”, “Pirates of the Caribbean: Dead Man’s Chest”, Shrek 3″, “300” and “Night at the Museum” – took 27.9% of the total market all by themselves.

Best-selling titles include local hit “200 Pound Beauty” with $43.1 million (including tickets sold in December), “Spider-Man 3” with $34.0 million, “Pirates” with $33.8 million, “Night at the Museum” with $31.6 million (incl. December), and CJ Entertainment’s “Voice of a Murderer” with $22.3 million.

More Film

  • 'Maquia: When the Promised Flower Blooms'

    Film Review: 'Maquia: When the Promised Flower Blooms'

    SEOUL – South Korean cinema posted a 47.3% market share in the first half of 2007, the lowest level since 2001. According to a report issued by leading exhibitor CGV, market share in the capital Seoul was even lower at 41.2%. Only four local titles managed to sell two million tickets, compared to seven in […]

  • Mammia Mia Here We Go Again

    Box Office: 'Mamma Mia' Sequel Heads Toward Big $41 Million Opening

    SEOUL – South Korean cinema posted a 47.3% market share in the first half of 2007, the lowest level since 2001. According to a report issued by leading exhibitor CGV, market share in the capital Seoul was even lower at 41.2%. Only four local titles managed to sell two million tickets, compared to seven in […]

  • Guardians of the Galaxy James Gun

    James Gunn Fired From 'Guardians of the Galaxy Vol. 3'

    SEOUL – South Korean cinema posted a 47.3% market share in the first half of 2007, the lowest level since 2001. According to a report issued by leading exhibitor CGV, market share in the capital Seoul was even lower at 41.2%. Only four local titles managed to sell two million tickets, compared to seven in […]

  • Riz Ahmed and Olivia Cooke

    Riz Ahmed and Olivia Cooke to Star in Music Drama 'Sound of Metal'

    SEOUL – South Korean cinema posted a 47.3% market share in the first half of 2007, the lowest level since 2001. According to a report issued by leading exhibitor CGV, market share in the capital Seoul was even lower at 41.2%. Only four local titles managed to sell two million tickets, compared to seven in […]

  • CGITW-7-20-17-116.RAF

    Bo Burnham Wishes 'Eighth Grade' Wasn't Rated R

    SEOUL – South Korean cinema posted a 47.3% market share in the first half of 2007, the lowest level since 2001. According to a report issued by leading exhibitor CGV, market share in the capital Seoul was even lower at 41.2%. Only four local titles managed to sell two million tickets, compared to seven in […]

  • (L to R) Young Tanya (JESSICA

    Box Office: 'Mamma Mia' Shoots Past 'Equalizer 2' in Thursday Night Shows

    SEOUL – South Korean cinema posted a 47.3% market share in the first half of 2007, the lowest level since 2001. According to a report issued by leading exhibitor CGV, market share in the capital Seoul was even lower at 41.2%. Only four local titles managed to sell two million tickets, compared to seven in […]

  • Disney Cycles VR Short Film

    Disney Animation's First VR Film, 'Cycles,' Set to Premiere

    SEOUL – South Korean cinema posted a 47.3% market share in the first half of 2007, the lowest level since 2001. According to a report issued by leading exhibitor CGV, market share in the capital Seoul was even lower at 41.2%. Only four local titles managed to sell two million tickets, compared to seven in […]

More From Our Brands

Access exclusive content