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Korean Movies Perform Poorly in 1st Half

Written: 2008-07-07 16:39:30Updated: 0000-00-00 00:00:00

Korean Movies Perform Poorly in 1st Half

Korean movies’ market share fell to an eight-year low in the first half of the year.

According to cinema chain CJ CGV, some 38 percent or 26-point-five million out of 70-point-four million moviegoers saw a Korean film in the year's first half. The figure is the lowest since the first half of 2000 when 28-point-four percent of all movie watchers chose to see a Korean film.

The first-half market share of Korean movies has declined since the 67 percent of market share mark was set in 2004.

In the first half of the year, only seven Korean films drew more than one million viewers, while 14 foreign movies exceeded the plateau.

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