Patrick Frater Asia Bureau Chief South Korean cinema box office slumped to its second lowest weekend of the year, continuing a recent weakening trend that was briefly punctuated last month by the local holiday season.
Between Friday and Sunday, aggregate nationwide revenues in Korea were just $5.11 million. Since the end of summer, there has only been one weekend when the cinema industry earned more than $10 million – a deeply depressed picture in what was the world’s fourth largest box office market in the pre-COVID era. “Love Reset,” a local romantic comedy, was the only title that acquitted itself with much dignity.
In its second weekend of release, the film dropped only 8% week-on-week to record $2.34 million, according to data from KOBIS, the tracking service operated by the Korean Film Council (Kofic).
After 12 days on release, it has a cumulative of $8.86 million. Directed by Nam Dae-joong, “Love Reset” is the story of a young couple in the midst of divorce who are involved in a car accident and lose their memories.
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