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South Korea Box Office

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South Korea's schools: Long days, high results

The results of the international school tests - known as Pisa tests - are to be published by the OECD on Tuesday. In previous years, South Korea has been one of the highest achievers. But it means long hours of study.

http://www.bbc.co.uk/news/education-25187993

 

South Korea's students are a lot busier than most students elsewhere in the world and South Korea's Box Office(Local+Foreign Films) is doing well!

Edited by SUPER GIRL
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As expected, roaring currents passed 6 million admissions at around 9am this morning.

 

Adjusted to American population size and average ticket prices it has done the equivalent of passing $350M on the morning of its 7th day of release

Edited by chasmmi
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Now we wait for Roaring Currents 2

 

Actually Yi sun-sin had 3 major battles the; the battle of myoengnyang, battle of hansan and battle of noryang. With the success of roaring currents, there's already talk of creating a prequel and sequel from the other battles so we may see a roaring currents 2 soon enough. 

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So how expensive are those Korean movies?

 

Including marketing costs the total budget for Roaring currents was around $17 million to $18 million. If a film's production+marketing budget exceeds 10 billion korean won (around $9 million) it's considered to be expensive. It might seem like a small budget but since Korean films have to make most or all their money in the Korean film market, it's actually quite a lot. Roaring currents is only now starting to make a profit after hitting 6 million admissions. This is largely due to the distribution of profits among various investment parties at the end of which, only about 35-40% of the total profits return to the studio. Kundo, despite being in the top 10 biggest hits of the year so far, is going to fail to make a profit by the end of it's run because of this. 

Edited by Rsyu
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Looks similar as with Polish movies. Upcoming blockbuster Miasto 44 has a budget of 25 million PLN ( $8.2 million ) and that's top 10 most expensive movies in last 25 years. And they pretty much only have local market and maybe some small release in UK ( they have big polish community there ).

Edited by chimpo
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