South Korean Films Dominate 70 Percent of Box Office Sales
South Korea's homemade films dominate about 70 percent of all ticket sales in South Korea last month which reached the top four spots at the monthly box office.
According to the Korean Film Council (KOFIC) report on the month of August, more than 69 percent of tickets sold in the local cinemas in South Korea were for Korean films while the 30.9 percent of the tickets sold were for non-Korean films.
The Korean Film Council (KOFIC) is a self-administered body that protects and stimulates the domestic film industry. In 1999, the organization was launched and promoted the South Korean film industry in the local and international markets around the world.
South Korea is one of the few countries where local productions have a dominant share of the domestic markets which surpassed American or Hollywood films. The South Korean film industry has an abstract and unique history. It is closely intertwined with the difficult history of the country.
The high gross Korean films played a great part to the success of the four most-anticipated local films in South Korea during the peak of summer season such as: "Tunnel," "The Last Princess," "Operation Chromite" and "Train to Busan."
The top four films claimed the top four positions on the monthly chart for the month of August according to the data posted at KOFIC's Website.
Meanwhile, the animated American Film entitled, "The Secret Life of Pets" got the fifth spot under the Box office sales.
Furthermore, the local theaters in South Korea had total viewers of 29.94 million, which is decreased by 3.1 percent from the previous year. The combined sales also dropped by 0.7 percent to 237.6 billion won (US$217.5 million).
