tag:blogger.com,1999:blog-7805792966316850332.post111807037625495151..comments2024-03-28T08:23:58.462+01:00Comments on Modern Korean Cinema: Review: HEART BLACKENED, Well-Acted SILENT WITNESS Remake Emits Cool Pulseconranphttp://www.blogger.com/profile/13799505413464310212noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7805792966316850332.post-10975415574898073482017-12-09T13:31:06.925+01:002017-12-09T13:31:06.925+01:00The short answer is yes.
Put it this way, a film ...The short answer is yes.<br /><br />Put it this way, a film like HEART BLACKENED probably cost over KRW 5 billion to make ($4.5 million), plus KRW 1.5 billion or so to market. So to break even in theaters, even if we're being generous, it would need KRW 12 billion ($10.8 million) in sales.<br /><br />With 500k viewers, the film's box office tally is just under KRW 4 billion ($3.6 million), which is about a million entries shy of what might be the BEP (break-even point).<br /><br />Granted, a film can make money from international, domestic VOD, and physical media sales, as well as TV and streaming rights, but for most films in Korea, the vast majority of a film's financial take happens in Korean theaters.<br /><br />To be considered a success (not merely break-even), a film with this kind of backing and pedigree would probably need to cross the 2 million viewer mark. Budgets and expectations have risen considerably over time, it's a tough market these days and the majority of commercial Korean films actually lose money. The industry is still profitable, but only on the back of a fistful of out-sized hits.conranphttps://www.blogger.com/profile/13799505413464310212noreply@blogger.comtag:blogger.com,1999:blog-7805792966316850332.post-52678719804076422412017-12-08T16:05:16.374+01:002017-12-08T16:05:16.374+01:00I'm always confused as to how interpret Korean...I'm always confused as to how interpret Korean box office figures. <br />With 500k tickets sold is it considered a commercial failure? Seeingly it's not a bad number, but than again if you look at several other movies with multiple-million admissions, than it feels bleak in comparison. Especially for a movie that has Choi Minsik in it. <br /><br />So what I'm trying to ask is: has Heart Blackened bombed in the box office?Anonymousnoreply@blogger.com