Korean Box Office: SNOWPIERCER Leads Biggest Weekend In Korea's History

	Title	Release Date	Market Share	Weekend	Total	Screens
1	Snowpiercer	13/07/31	50.50%	2,260,191	3,297,568	1127
2	The Terror Live	13/07/31	26.60%	1,195,345	1,836,450	742
3	Turbo (us)	13/07/25	7.60%	355,861	1,382,961	515
4	The Smurfs 2 (us)	13/08/01	6.00%	293,892	437,937	478
5	Red 2 (us)	13/07/18	4.30%	194,454	2,756,415	381
6	Cold Eyes	13/07/03	1.20%	54,784	5,458,567	214
7	The Wolverine (us)	13/07/25	1.20%	54,540	1,032,178	259
8	Mister Go	13/07/17	0.80%	40,679	1,301,276	145
9	Doraemon: The Movie (jp)	13/07/25	0.30%	15,366	110,780	80
10	Pacific Rim (us)	13/07/11	0.50%	15,119	2,531,742	44

Leading the frame with a 50.5% market share and the biggest weekend performance for a Korean film of all time was the hotly anticipated Snowpiercer, the new sci-fi epic by Bong Joon-ho. The film scored 2,260,191 admissions over the three days, behind only Transformers 3's 2.36 million start in 2011. What's more, the film opened on Wednesday and has already accrued 3.3 million admissions. This is only behind Secretly Greatly's 3.49m start earlier this summer, though that had a national holiday to rely on and a more frontloaded run (its first five days accounted for half of its entire haul). 

Early reservations are down from 70% on Wednesday to 50% today, so Snowpiercer won't stay flat this coming weekend, like previous Korean blockbusters have been known to do, but it seems in good shape for another massive haul. With $21 million banked already (mostly in distributor CJ's own theater chain CGV) and another $20 million in presales to foreign territories, Snowpiercer has almost recouped its $39.6 million budget, the highest in Korean film history. Looking ahead, a 7-8 million admission total seems assured while 10 million is very much a possibility. However, while a lot of the word of mouth has been strong, there are many people who were not keen on Bong's latest opus, which will likely prevent this from topping his own The Host, which scored 13 million admissions in 2006.

As if Snowpiercer's success wasn't enough, another new local thriller was a big presence on the chart. The Terror Live, starring Ha Jung-woo, managed 1,195,354 admissions against the sci-fi behemoth and has already amassed 1.84 million sales in five days. Word of mouth is solid on the film and it is likely to remain strong on the chart. A 5 million finish is within reach.

US animation Turbo had a stellar second weekend, benefitting from choice counter-programming, as it dipped only 10% and added 355,861 admissions to its haul, which is now almost over 1.4 million. At this point in its run, 2 million looks likely. At number four, The Smurfs 2 also got off to a decent start with 293,892 admissions over the frame.

After two big number one finishes, Red 2 suffered a big 70% drop against the incoming thrillers for only 194,454. However, with 2.76 million tickets banked, the Hollywood sequel has already far outstripped its predecessor. It was a similar story in the rest of the top 10 as the bottom 5 all experienced heavy drops as they were forced to cede their theaters to new blockbusters.

Snowpiercer and The Terror Live will have no trouble repeating at number one and two as the only major release next weekend is the animation Epic.