×
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

  • Atlantics

    Netflix Snags Worldwide Rights to Cannes Winners 'Atlantics,' 'I Lost My Body'

    Mati Diop’s feature directorial debut “Atlantics” and Jérémy Clapin’s animated favorite “I Lost My Body” have both been acquired by Netflix following wins at Cannes Film Festival. “Atlantics” was awarded the grand prix while “I Lost My Body” was voted the best film at the independent International Critics Week. The deals are for worldwide rights [...]

  • Stan Lee, left, and Keya Morgan

    Stan Lee's Former Business Manager Arrested on Elder Abuse Charges

    Stan Lee’s former business manager, Keya Morgan, was arrested in Arizona Saturday morning on an outstanding warrant from the Los Angeles Police Department. The LAPD’s Mike Lopez confirmed that the arrest warrant was for the following charges: one count of false imprisonment – elder adult; three counts of grand theft from elder or dependent adult, [...]

  • Moby attends the LA premiere of

    Moby Apologizes to Natalie Portman Over Book Controversy

    Moby has issued an apology of sorts after writing in his recently published memoir “Then It Fell Apart” that he dated Natalie Portman when she was 20 — a claim the actress refuted. “As some time has passed I’ve realized that many of the criticisms leveled at me regarding my inclusion of Natalie in Then [...]

  • Bong Joon-ho reacts after winning the

    Bong Joon-ho's 'Parasite' Wins the Palme d'Or at Cannes

    CANNES — The 72nd edition of the Cannes Film Festival wrapped with jury president Alejandro González Iñárritu announcing the group’s unanimous decision to award the Palme d’Or to South Korean director Bong Joon-ho for his sly, politically charged “Parasite.” Following last year’s win for humanistic Japanese drama “Shoplifters,” the well-reviewed Asian thriller represents the yin [...]

  • Invisible Life Brazilian Cinema

    Cannes Film Review: 'The Invisible Life of Eurídice Gusmão'

    A “tropical melodrama” is how the marketing materials bill “The Invisible Life of Eurídice Gusmão.” If that sounds about the most high-camp subgenre ever devised, Karim Aïnouz’s ravishing period saga lives up to the description — high emotion articulated with utmost sincerity and heady stylistic excess, all in the perspiring environs of midcentury Rio de [...]

  • Best Movies of Cannes 2019

    The 10 Best Movies of Cannes 2019

    The Cannes Film Festival is too rich an event to truly have an “off” year, but by the end of the 72nd edition, it was more or less universally acknowledged that the festival had regained a full-on, holy-moutaintop-of-art luster that was a bit lacking the year before. It helps, of course, to have headline-making movies [...]

  • Aladdin

    'Aladdin' Soaring to $100 Million-Plus Memorial Day Weekend Debut

    Disney’s live-action “Aladdin” remake is on its way to a commendable Memorial Day weekend debut with an estimated $109 million over the four-day period. The musical fantasy starring Will Smith and Mena Massoud should uncover about $87 million in its first three days from 4,476 North American theaters after taking in $31 million on Friday. [...]

More From Our Brands

Access exclusive content