Korean Box Office Recovers To 70% Of Pre-Pandemic Business In 2023 H1; Quartet Of Local Films Could Boost Summer Further
deadline.comKorea’s box office reached 70% of pre-pandemic levels of revenue in the first half of 2023, according to data released by the Korean Film Council (KOFIC).
Korean action film The Roundup: No Way Out was the highest-grossing film of the period – pulling in $82M from 10.68 million admissions – followed by two Japanese animated features, Suzume and The First Slam Dunk, and U.S.
titles Avatar: The Way Of Water and Guardians Of The Galaxy Vol. 3. Total box office for the period reached $475M (KRW606.7BN), equivalent to 72.5% of average box office during the January-June period in 2017-2019, before Covid-19 shuttered cinemas and played havoc with release schedules.
As in many other territories, the recovery was partly due to ticket price increases, as admissions totalled 58.39 million, which is only 57.8% of the pre-pandemic average in the same period during 2017-2019.
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