Korea Box Office Slumps After Lunar New Year Holiday Flurry

variety.com:

Patrick Frater Asia Bureau ChiefAfter a flurry that lasted only for the duration of the recent Lunar New Year holidays, theatrical box office in South Korea slumped again over the latest weekend.

Nationwide, Korean cinemas earned just $3.22 million between Friday and Sunday. That was the lowest scoring weekend so far in 2022 and followed a disappointing holiday period.The Lunar New Year holidays – if measured from the previous Saturday until Wednesday (Jan 29- Feb.

2, 2022) – attracted 1.36 million spectators into Korean theaters. In 2020, on the eve of the pandemic, the equivalent figure was ticket sales of 4.9 million.

Over the latest weekend, the top spot was retained by “The Pirates: The Last Royal Treasure” with a $1.35 million weekend score, according to data from Kobis, the tracking service operated by the Korean Film Council (Kofic).