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South Korea Box Office

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On 7/15/2020 at 7:43 PM, charlie Jatinder said:

Pretty good walk ins, CGV selling 116k during the day, that's like +45% The Lion King.

 

Anyhow, with 188k CGV final, I expect Korea full day of around 350k. On higher end, it could be 390-400k but I will take my chances at 350k.

Opening Day updated with 353,010 admits and $2.45mn gross.

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7 minutes ago, juni78ukr said:

That's really weird. Can't remember such late updates in the past. 223k admission 2nd day so far. 578 173 in total.

Apparently it missed a chain numbers by mistake. The 350k matched the final estimate we had, so all good.

 

Thursday will hit 228-230k imo.

 

Anyhow not really optimistic on film's final, 3.8-4mn I guess. Roughly $25-28mn.

 

@imbruglia how is South Korea Home Video and TV market for films because I don't think theatrically it will do more than $12-13mn returns with $20mn budget after release cost.

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Saturday seems like okay with 510-520k. Comparing with TLK and Train To Busan, it's quite uneven comp with TLK as it played bigger during Saturdays and Sundays. Comparing with Train to Busan, it was 40% on OD but fell during next two days, getting back to 40% again today. But I guess that's more due to Saturdays getting bigger in almost every country of world and Train To Busan would have capacity problems on it's Saturday as it was doing around 1.3mn admits.

I expect weekdays to go in around 30-35%, full run could be around 3.8-4mn.

Day Peninsula The Lion King Ratio Train To Busan Ratio
Previews 1,764 2,614 0.67 565,266 0.00
Wednesday 353,010 304,793 1.16 872,673 0.40
Thursday 223,743 237,335 0.94 663,365 0.34
Week 0 578,517 544,742 1.06 2,101,304 0.28
Friday 265,816 303,882 0.87 738,823 0.36
Saturday 515,000 742,451 0.69 1,282,013 0.40
Sunday   684,481 0.00 1,195,273 0.00
Monday   170,260 0.00 499,070 0.00
Tuesday   159,050 0.00 419,947 0.00
Wednesday   129,149 0.00 422,625 0.00
Thursday   135,248 0.00 299,267 0.00
Week One 780,816 2,324,521 0.34 4,857,018 0.16
Friday   157,525 0.00 337,649 0.00
Saturday   357,814 0.00 579,808 0.00
Sunday   322,091 0.00 537,035 0.00
Monday   160,017 0.00 347,408 0.00
Tuesday   148,635 0.00 303,302 0.00
Wednesday   126,217 0.00 192,508 0.00
Thursday   87,784 0.00 163,943 0.00
Week Two 0 1,360,083 0.00 2,461,653 0.00
Rest 0 513,918 0.00 2,144,981 0.00
Total 1,359,333 4,743,264   11,564,956  
FSS Multi   2.74   3.60  
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I wonder if there's any limit to capacity in play in Korea ( @imbruglia may tell us) . The affect wasn't visible in trend, as with limited capacity, the daily drop and growth would be limited as well, but we saw big drop and big growth on Saturday.

 

Anyways, Saturday looks like 530k, better than expected but still I hoped previous days were better. Anyhow, let's wait how PS are for tomorrow.

 

Per show occupancy was 40 person per show, which is, well good IMO in this period. Endgame in its 1st Saturday had 125 person per show, which I guess would be very close to capacity, may be 90%, so Peninsula works out at 29% Approx.

 

I still expect 4mn range full run. That will be around $29mn Approx.

 

Taiwan opening was big at $800k on Wednesday. Guess weekend may be $3.25mn weekend. Singapore and Malaysia may be another $800-900k each. 

Edited by charlie Jatinder
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32 minutes ago, A Marvel Fanboy said:

Peninsula box office seems not afffected by COVID-19.

It’s a hard thing to evaluate, but this doesn’t seem right to me. Sure 5-day will be lower than if it had like 93 egg, but OD shouldn't be too much affected by that. 350k OD for a sequel to 11M admit hit hardly seems like normal BO. Peninsula’s cume so far is basically equal to Busan’s Sat daily gross.       
 

If that looks like “not affected by covid-19” to you you must have been pretty dang pessimistic about this movie to begin with.

Edited by Arendelle Legion
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8 hours ago, Arendelle Legion said:

It’s a hard thing to evaluate, but this doesn’t seem right to me. Sure 5-day will be lower than if it had like 93 egg, but OD shouldn't be too much affected by that. 350k OD for a sequel to 11M admit hit hardly seems like normal BO. Peninsula’s cume so far is basically equal to Busan’s Sat daily gross.       
 

If that looks like “not affected by covid-19” to you you must have been pretty dang pessimistic about this movie to begin with.

This is a spin off with new cast. not really a sequel.

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51 minutes ago, A Marvel Fanboy said:

This is a spin off with new cast. not really a sequel.

That’s fair, not exactly Train to Busan 2. I suspect it would be doing at least 1M more in total with a completely normal market, but there’s not really any way we’ll ever know.

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