The number of people who went to theaters to watch South Korean movies this year has slipped by some ten million from last year after major films that were expected to be big hits drew fewer crowds than expected.
According to the data compiled by the Korean Film Council on Thursday, some 88-point-eight million people saw Korean movies in theaters between January and October this year. That’s down about ten million compared to the same period last year.
Meanwhile, during that same period, roughly 94 million people saw foreign films in theaters, or up nearly eight-point-seven million from last year.
As a result, the market share of Korean films failed to reach even half, standing at 48-point-seven percent.
The overall number of people who went to watch Korean films dropped even though ten Korean films, including “A Taxi Driver,” “The Battleship Island,” and “The Outlaws” ranked within the top 20 in box office rankings after drawing some 12 million moviegoers.
Such drop came as films that injected enormous production costs, including "Warriors of the Dawn" and "The Fortress" fared worse than expected.