South Korean cinema last year squeezed out a gain of 14% compared with 2020, but 2021’s major box office honors went to foreign movies, not the normally dominant local film sector. Aggregate gross …
South Korean cinema last year squeezed out a gain of 14% compared with 2020, but 2021’s majorAggregate gross revenues hit KRW584 billion in 2021, earned from 60.5 million ticket sales, according to Kobis, the data service operated by the Korean Film Council . In 2020, revenues were KRW510 million , earned from 59.5 million spectators.was the world’s fourth largest box office market, behind only North America, China and Japan, due to Koreans’ high per capita cinema attendance rate.
The 2021 gross total was 70% down on 2019, the busiest year on record for box office in Korea. The ticket sales figure represented a 73% decline compared with 2019.
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