Korea Box Office: Low Attendance Adding Quota Issues to Cinemas’ Mounting Woes

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Korea Box Office: Low Attendance Adding Quota Issues to Cinemas’ Mounting Woes
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South Korea’s nationwide box office dropped to a miserable $3.44 million over the weekend, despite the presence of a local film in top spot. The country ‘s cinemas earned 32% less than the previous…

dropped to a miserable $3.44 million over the weekend, despite the presence of a local film in top spot. The country ‘s cinemas earned 32% less than the previous weekend and are beginning to struggle with quota issues, according to local media.,” a Korean-made comedy romance, floated from third place to the top, despite its weekend takings shrinking by 30% to just $670,000. After three weekends on release, it has earned just $4.

Disney’s “Encanto,” another Nov. 24 release, slipped from second place to third. It earned $540,000 over the weekend, for a cumulative total of $4.35 million. “Dune” held on in fifth place with $289,000 for a $14.4 million cumulative since its release in October. The continued box office slowdown has hurt the revenues of distributors and that of exhibitors . Now, it is making scheduling more complicated.

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