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NEWS & REPORTS
KOFIC’s 2014 April Film Industry Report
May 19, 2014
- Writerby June KIM
- View7114
Foreign Offerings Beat Domestic Films at Korean Box Office
2014 April admissions decreased by 18% compared to last year, down to 9.2 million with sales down by 14.4% to KRW 72.1 billion. Most films that saw successes at the box office were Hollywood superhero titles including Captain America: The Winter Soldier, which took the top spot and The Amazing Spider-Man 2 in second, while only two Korean titles, Broken and The Fatal Encounter, broke into the top ten list. No domestic titles exceeded one million admissions.
Concerning distributors, Sony Pictures Releasing Walt Disney Studios Korea had the highest audience share due to Captain America: The Winter Soldier, with 48.6%. CJ Entertainment, which represented Broken, placed in second.
American films rule over April
The top ten films in April were 80% international and 20% domestic. The international titles were all from America, dominating the Korean film market.
The top ten films in April were 80% international and 20% domestic. The international titles were all from America, dominating the Korean film market.
Alternative Film: Diminishing Diversity Films
Films that were invited to film festivals and received positive acclaim abroad were released domestically and it was expected that the alternative market would yield a positive result. However, looking at admissions and revenue, while the first quarter reached similar accomplishments (January: 350,000, February: 350,000, March: 320,000), the total in April fell to 130,000.
Films that were invited to film festivals and received positive acclaim abroad were released domestically and it was expected that the alternative market would yield a positive result. However, looking at admissions and revenue, while the first quarter reached similar accomplishments (January: 350,000, February: 350,000, March: 320,000), the total in April fell to 130,000.
Top Ten Box Office (April, 2014)
|
Rank |
Title |
Distributor |
Release |
Country |
Screens (#) |
Revenue (100,000 USD) |
Admissions (10,000) |
|
1
|
Captain America: The Winter Soldier |
Sony Pictures Releasing Walt Disney Studios (Korea) Inc. |
2014-03-26 |
USA |
1,106 |
188 |
233 |
|
2
|
Amazing Spiderman |
Sony Pictures Releasing Walt Disney Studios (Korea) Inc. |
2014-04-23 |
USA |
1,313 |
169 |
199 |
|
3
|
Broken |
CJ Entertainment |
2014-04-10 |
Korea |
594 |
78 |
99 |
|
4
|
Divergent |
Lotte
Entertainment |
2014-04-16 |
USA |
511 |
33 |
42 |
|
5
|
The Grand Budapest Hotel |
Twentieth Century Fox Korea |
2014-03-20 |
USA |
163 |
31 |
40 |
|
6
|
Son Of God |
Prain Global |
2014-04-10 |
USA |
418 |
23 |
32 |
|
7
|
Fatal Encounter |
Lotte Entertainment |
2014-04-30 |
Korea |
947 |
20 |
29 |
|
8
|
Noah |
CJ Entertainment |
2014-03-20 |
USA |
951 |
19 |
25 |
|
9
|
3 Days to Kill |
Lotte Entertainment |
2014-04-03 |
USA |
388 |
17 |
23 |
|
10
|
The Legend of Hercules |
NEW |
2014-04-10 |
USA |
390 |
17 |
22 |
* Source: http://www.kobis.or.kr/kobis/business/stat/offc/searchOfficDistTotList.do
* Number of screens are determined by taking the maximum number of screens activated during the first week of the film’s release
* Number of screens are determined by taking the maximum number of screens activated during the first week of the film’s release
Top Ten Box Office Diversity Films (April, 2014)
|
Rank |
Title |
Distributor |
Release |
Country |
Screens (#) |
Revenue (1,000 USD) |
Admissions (1,000) |
|
1
|
Philomena |
Daou Tech Inc. |
2014-04-16 |
UK |
194 |
225 |
31 |
|
2
|
Paganini: The Devil’s Violinist |
Cinus Entertainment |
2014-04-23 |
Germany |
100 |
167 |
23 |
|
3
|
Grand Piano |
Wide Release |
2014-04-17 |
Spain |
95 |
149 |
21 |
|
4
|
The Tibetan Dog |
9ers Entertainment |
2014-03-27 |
Japan |
192 |
23 |
3 |
|
5 |
A Touch of Sin |
SYcomad |
2014-03-27 |
China |
22 |
26 |
3 |
|
6 |
Manshin |
Atnine Film |
2014-03-06 |
Korea |
88 |
19 |
3 |
|
7 |
My Boy |
Treefilm |
2014-04-10 |
Korea |
34 |
15 |
2 |
|
8 |
Wreckers |
INDIESTORY Inc. |
2014-04-03 |
UK |
15 |
15 |
2 |
|
9 |
Short Piece |
Doki Entertainment |
2014-04-17
|
Japan
|
6
|
14
|
2 |
|
10 |
My Father’s E-mails |
INDIESTORY Inc. |
2014-04-24 |
Korea |
21 |
12 |
2 |
* Source: http://www.kobis.or.kr/kobis/business/stat/offc/searchOfficDistTotList.do
* Number of screens are determined by taking the maximum number of screens activated during the first week of the film’s release
* Number of screens are determined by taking the maximum number of screens activated during the first week of the film’s release
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