Korea Box Office: ‘I, The Executioner’ Kills It With $15 Million Debut, Dominates Early Holiday Season

As a cinephile who has witnessed the evolution of Korean cinema over the past few decades, I must say that the opening weekend of “I The Executioner” is nothing short of breathtaking. With a staggering $15 million haul and 2.09 million spectators, it’s clear that Ryoo Seung-wan and Hwang Jung-min have once again struck gold in the hearts of Korean audiences.


Over the weekend, the crime action movie “I The Executioner” dominated the South Korean box office with a massive take of approximately $15 million. This success marked the opening half of a lengthy national holiday in Korea.

Based on data from Kobis, a tracking service run by the Korean Film Council (Kofic), the movie captured an impressive 86% market share over the weekend, attracting 2.09 million viewers. This made it the second-highest opening weekend in Korea this year, trailing only “The Roundup: Punishment,” which earned $20.8 million in late April. On a national scale, the movie’s Friday-Sunday earnings of $17.5 million during the latest weekend ranked third for 2024, with the first two weekends of “Punishment” being the only ones to surpass it.

The movie called “Veteran 2” in our area is a follow-up to the 2015 release “Veteran”. Both films are directed by Ryoo Seung-wan and star Hwang Jung-min. The original “Veteran” brought in $78.4 million from an audience of 13.4 million, positioning it as the fifth highest grossing Korean film domestically and the seventh top scorer across all nationalities within the country.

Initially, the beginning of “I, The Executioner” seems more captivating than that of “Veteran,” which drew over 1.32 million viewers in its initial three days. However, such comparisons can be tricky due to the unique Friday premiere of “I, The Executioner” and the effect of the Chuseok (Korean Thanksgiving) holiday, which this year extended for five days from Saturday to Wednesday, potentially affecting many companies and their employees.

The film “Veteran” premiered traditionally on a typical Wednesday before an upcoming non-holiday weekend in August 2015. By the close of its initial Sunday, it had amassed over 2.7 million ticket sales.

Historically, Chuseok has been a popular time for big-budget films aimed at family audiences to debut. However, this year, only one major release, “I, The Executioner,” was scheduled, leading some critics to question the relevance of Chuseok in the movie industry today. This may also be due to the underperformance of titles like “Road to Boston” last year, a slow box office in 2024, and a lack of Korean blockbusters following the COVID-19 pandemic, which has put a strain on Korean film production companies.

Over the weekend, several fresh movie titles were introduced, but none could compete with “Bread Barbershop: The Birth of the Bread Star.” Despite its low market share of less than 2%, this Korean animation made on Saturday brought in an impressive $336,000 within two days. Adding previews, it accumulated a total of $458,000 by Sunday’s end.

Over the weekend, I found myself once again captivated by another enchanting Korean animation, “Heartsping: Teenieping of Love,” which managed to secure the third spot, raking in a total of $252,000. Ever since its debut in early August, this heartwarming masterpiece has amassed an impressive sum of $6.71 million at the box office.

The Japanese animated movie “Look Back” ranked fifth, earning approximately $245,000. Over the course of twelve days since its release, it has accumulated a total of nearly $970,000.

The movie “Lim Young Woong IM HERO The Stadium” concert film earned approximately $232,000 in revenue, bringing its total to $5.65 million since its release on August 28. According to domestic box office charts that do not factor in premium ticket pricing, it ranked ninth in sales.

The Korean-produced panda film titled “My Dearest Fu Bao” saw a drop in ranking to seventh position during the weekend, earning approximately $143,000. To date, it has accumulated a grand total of $1.41 million.

On a chilling note, I recently had the privilege of experiencing the gripping U.S. horror thriller “Speak No Evil” in cinemas. Over the course of its debut weekend, it managed to gather an impressive $105,000, while its opening five days saw a staggering total of $198,000. Quite the captivating start!

On its opening day this past Friday, the U.S. animated movie titled “Ozi: Voice of the Forest” made $95,000 and ranked ninth among box office earnings. Meanwhile, the re-released Chinese youth drama “Better Days” collected $81,000.

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2024-09-16 05:17