{"id":14823,"date":"2024-10-27T16:25:07","date_gmt":"2024-10-27T23:25:07","guid":{"rendered":"https:\/\/movieetv.com\/?p=14823"},"modified":"2024-10-27T16:26:20","modified_gmt":"2024-10-27T23:26:20","slug":"venom-the-last-dance-leads-koreas-slowest-weekend-box-office","status":"publish","type":"post","link":"https:\/\/movieetv.com\/2024\/10\/venom-the-last-dance-leads-koreas-slowest-weekend-box-office\/","title":{"rendered":"Venom: The Last Dance leads Korea\u2019s slowest weekend box office"},"content":{"rendered":"

Venom: The Last Dance triumphs in South Korea but fails to boost sagging box office<\/h1>\n

By Film Enthusiast<\/strong><\/p>\n

\n

Venom waltzes to victory, but struggles to spark excitement<\/h2>\n

“Venom: The Last Dance” emerged victorious in South Korea’s weekend box office, raking in $2.66 million over the Friday to Sunday period. This third installment of the “Venom” series captured a commanding 62%<\/strong> market share, showcasing the franchise’s consistent draw. However, despite its dominance, the film failed to jolt the sluggish overall box office. <\/p>\n

Link:<\/strong> Venom: The Last Dance<\/a><\/p>\n

A closer look at the numbers<\/h3>\n

Over five days since its release on Wednesday, “Venom: The Last Dance” accumulated $4.13 million. Considering the pace, it faces a steep climb to surpass the $15.2 million total gross of its predecessor, “Venom: Let There Be Carnage,” which was released amidst the COVID pandemic in 2021. <\/p>\n

The recent performance indicates a worrying trend for the Korean cinema industry, hinting at what seems like a structural downturn<\/strong>. Nationwide cinema receipts for the latest weekend summed up to just $4.32 million, recording the year’s lowest figures weekend-wise, narrowly edging out other sluggish weekends since the end of August. Remarkably, only the Chuseok holiday session managed to breach the $10 million mark during this period.<\/p>\n

Box office dynamics: Films in contention<\/h2>\n

Winners and losers<\/h3>\n

“A Normal Family,” which recently topped the box office, slid to second place with reduced earnings of $728,000, nearly half its opening weekend’s $1.43 million. After 12 days, its cumulative stands at $3.32 million, reflecting a downward momentum.<\/p>\n

Third place was claimed by the Korean drama film “Love in the Big City,” with weekend earnings of $419,000 and a running total of $5.07 million since its release on October 1st. In the fourth spot, U.S. import “The Wild Robot” earned $293,000 over the weekend, aggregating $3.90 million in total. <\/p>\n

“I, The Executioner,” a comedy crime drama with an impressive run from mid-September to mid-October, retained fifth place. The film, directed by Ryu Seung-wan, added $234,000, culminating in a substantial $52 million, making it the fourth highest-grossing film for the year in South Korea.<\/p>\n

Musical adaptations and reissues<\/h3>\n

“Elizabeth, The Musical Live,” a stage performance adaptation, ranked sixth in revenue but lower on spectator numbers. It earned $124,000 from approximately 7,000 tickets across 120 screens, totaling $534,000 since its October 16th release. The tragic story of Empress Elisabeth of Austria, beautifully narrated through Michael Kunze’s writing and Sylvester Levay’s compositions, resonated with a niche audience.<\/p>\n

Lower on the charts, the reissued 2004 film “The Notebook,” another timeless classic, earned $123,000 over the weekend. U.S. animations, “Little Emma” and “Gracie and Pedro: Pets to the Rescue,” rounded out the bottom of the list with $53,000 and $37,000 respectively for their three-day opening.<\/p>\n

Lastly, Pedro Almodovar\u2019s “The Room Next Door” secured ninth place, garnering $44,000 over the weekend and $72,000 across five days. The film’s intriguing narrative and Almodovar’s directorial prowess continue to draw a dedicated audience.<\/p>\n

Industry reflections<\/h2>\n

The current data suggests a concerning downturn<\/strong> in the South Korean cinema industry. The trend calls for a deeper investigation into audience interests, market strategies, and the potential impact of global streaming platforms. Industry experts underline that the pandemic reshaped movie-going habits, pushing local cinemas to re-strategize their approach to lure audiences back.<\/p>\n

Despite heavy-hitters like “Venom: The Last Dance,” the sluggish recovery from pandemic lows seems to demand more than just blockbuster releases. The challenge lies in rebuilding the cinema culture, fostering local narratives, and perhaps, recalibrating ticket pricing, promotions, and the overall cinematic experience.<\/p>\n

Join the conversation<\/strong>: Reflect on the current state and future of the South Korean box office. Share this article on social media or follow us for more insightful updates on the global cinema landscape.<\/p>\n","protected":false},"excerpt":{"rendered":"

Venom: The Last Dance claims top spot in South Korea with $2.66M weekend earnings, dominating 62% market share. Despite this, the nation’s box office remains sluggish with the weekend\u2019s total receipts at a yearly low of $4.32M<\/p>\n","protected":false},"author":3,"featured_media":14825,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-14823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-movie"],"_links":{"self":[{"href":"https:\/\/movieetv.com\/wp-json\/wp\/v2\/posts\/14823"}],"collection":[{"href":"https:\/\/movieetv.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/movieetv.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/movieetv.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/movieetv.com\/wp-json\/wp\/v2\/comments?post=14823"}],"version-history":[{"count":1,"href":"https:\/\/movieetv.com\/wp-json\/wp\/v2\/posts\/14823\/revisions"}],"predecessor-version":[{"id":14824,"href":"https:\/\/movieetv.com\/wp-json\/wp\/v2\/posts\/14823\/revisions\/14824"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/movieetv.com\/wp-json\/wp\/v2\/media\/14825"}],"wp:attachment":[{"href":"https:\/\/movieetv.com\/wp-json\/wp\/v2\/media?parent=14823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/movieetv.com\/wp-json\/wp\/v2\/categories?post=14823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/movieetv.com\/wp-json\/wp\/v2\/tags?post=14823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}