×
You will be redirected back to your article in seconds

Korea Cinema Sets Box Office and Admissions Records in 2015

South Korea set a new cinema admissions record for the fifth consecutive year as local films claimed a majority of the box office.

Some 217 million tickets were sold in the year, up from 215 million in 2014. Korean-made titles accounted for 113 million, the fourth year in a row that they have exceeded 100 million ticket sales. That gave Korean films a 52% share, according to Korean Film Council’s KOBIS box office data service.

In revenue terms the picture was more complicated. Overall box office edged ahead by 3% in local currency terms from KRW 1.66 trillion to KRW 1.72 trillion. Due the weakening of the Korean Won, that represented a 5.3% drop in dollar terms, from $1.52 billion to $1.44 billion in 2015.

In local currency terms Korean films regained the majority share, which they had lost in 2014. Foreign films saw a 3% dip in ticket sales (from 107 million admissions in 2014 to 104 million in 2015). That caused a minor 1% decrease in their box office gross to KRW 836 billion ($702 million).

Korean films accounted for six of the top ten chart places, with “Veteran,” “Assassination,” and December 2014 release “Ode to My Father” surpassing the 10 million admissions mark. “Ode” and “Veteran” beat 2009’s “Avatar” and became the second and third largest films of all time in terms of ticket sales.

High-profile, performance-driven films “The Throne” and “Inside Men” claimed fourth and fifth places, though the number of mid-sized hits decreased.

“The Avengers: Age of Ultron,” in third place, was the top foreign movie of the year, and the only one to achieve 10 million admissions. “Kingsman: The Secret Service,” “Mission: Impossible – Rogue Nation” and “Jurassic World”, also made the top ten.

The number of films that enjoyed theatrical releases grew 10% from an already high 1,095 in 2014 to a record 1,199 in 2015. Local films on release increased from 217 to 256. Foreign films increased from 878 to 943.

Among distributors, CJ Entertainment held on to its usual top place with a 22% market share, despite losing its sub-distribution arrangement with Paramount, ahead of Showbox on 17% (in the first 11 months.) Walt Disney Korea took third spot with 11%, earned from just seven releases.

More Film

  • Mary Magdalene movie

    Rooney Mara-Joaquin Phoenix's 'Mary Magdalene' Bought by IFC Films

    IFC Films is acquiring U.S. rights to the biblical drama “Mary Magdalene,” starring Rooney Mara, Joaquin Phoenix and Chiwetel Ejiofer. The distributor has set an April 12 release date on the weekend prior to Easter week. “Mary Magdalene” is directed by Australian filmmaker Garth Davis and was produced by See-Saw Films and Porchlight Films. The [...]

  • Bob Iger arrives at the Oscars,

    Bob Iger: 'Challenging Work of Uniting Our Businesses' Lies Ahead for Disney

    Bob Iger marked the historic occasion of Disney’s purchase of 21st Century Fox with a lengthy memo to staffers that was candid about the challenges of the massive integration of people and cultures that lies ahead for the media giant. “I wish I could tell you that the hardest part is behind us, that closing [...]

  • EMMA APPLETON as FEEF SYMONDS

    'Traitors' Producer 42 Hires Literary Manager Eugenie Furniss

    Eugenie Furniss is joining London- and Los Angeles-based management and production company 42 as literary manager, it was announced Wednesday. The company’s slate include movie “Ironbark,” a Cold War thriller starring Benedict Cumberbatch, and TV series “Traitors,” a spy thriller coming to Netflix in the U.S. at the end of the month. Furniss joins 42 [...]

  • Brad Pitt Leonardo DiCaprio Once Upon

    Quentin Tarantino's 'Once Upon a Time in Hollywood' Trailer Drops

    The first look at “Once Upon a Time in Hollywood” is finally here, and Quentin Tarantino is taking audiences back to the height of hippie Hollywood. Starring Leonardo DiCaprio and Brad Pitt, the footage features a montage of Tinseltown in the late 1960s. The duo play Rick Dalton and Cliff Booth, a washed-up actor and [...]

  • One-Cut-Of-The-Dead-Review

    Japanese Sleeper Hit ‘One Cut of the Dead’ Heads for English Remake (EXCLUSIVE)

    “One Cut of the Dead,” a micro-budget horror film that last year defied the odds to become one of the biggest hits of the year in Japan, is headed for an English-language remake. Patrick Cunningham, a Japan-based American producer whose credits include “Martha Marcy May Marlene” and “Starlet,” is behind the venture. The original film, [...]

  • Come as You Are review

    SXSW Film Review: 'Come as You Are'

    The rare remake that’s actually a slight improvement on its predecessor, Richard Wong’s “Come as You Are” translates Geoffrey Enthoven’s 2011 Belgian “Hasta la Vista” to middle America. Other changes are less substantial, but this seriocomedy has a less formulaic feel than the original while remaining a crowd-pleasing buddy pic-caper with a soft-pedaled minority empowerment [...]

  • Strange Negotiations review

    SXSW Film Review: 'Strange Negotiations'

    In a era when some mainstream entertainers have transitioned to targeting faith-based audiences, David Bazan is moving in the other direction. The gifted songwriter’s ersatz band Pedro the Lion was perhaps the most successful Christian indie rock act of its time, and the first to significantly cross over to secular fans. Then he ditched that persona (and [...]

More From Our Brands

Access exclusive content