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KOFIC News

KOFIC’s 2014 April Film Industry Report

May 19, 2014
  • Writerby June KIM
  • View3811
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.
 
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.
 
 
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
 
 
 
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
 
 
 
 
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