Korea Box Office: ‘Love Reset’ Holds Strong on Weak Weekend

Patrick Frater Asia Bureau Chief Two films from Japan, Wim Wenders’ “Perfect Days” and Hamaguchi Ryusuke’s “Evil Does Not Exist,” won the top prizes at the Asia Pacific Screen Awards on Friday. Multiple other honors went to films from Korea and Kazakhstan. The 16th edition of the APSA Awards was held on the Gold Coast, Queensland, Australia and recognized films from eight countries. “Perfect Days,” a gentle comedy drama about a toilet cleaner in Tokyo finding happiness in the everyday, premiered in Cannes and more recently was selected as Japan’s Oscar contender and as the opening title of the Tokyo International Film Festival.

Patrick Frater Asia Bureau Chief Subscription video subscriptions in Taiwan increased by 315,000 in the July to September quarter, to reach 5.8 million, according toa new research report. Netflix and Disney+ were responsible for the bulk of the growth. The “Online Video in Taiwan” report from consultancy Media Partners Asia and its AMPD Research sister company showed premium VOD engagement and subscriptions were up 6% quarter on quarter.

Broadway box office held fairly steady heading into trick or treat season, with receipts for the week ending Oct. 29 at $26,480,578 (about 6% down from the previous week) and attendance at 218,581 (a slip of just 3%).

No one knew how big this was going to be, or is going to be but Universal/Blumhouse’s feature take on beloved horror videogame, Five Nights at Freddy‘s is eyeing a $50M+ start possibly even more. At that level, it’s the second-best opening of this autumn’s B.O. behind Taylor Swift: The Eras Tour ($92.8M).

Patrick Frater Asia Bureau Chief Martin Scorsese’s “Killers of the Flower Moon” opened with an unconvincing second place debut at the South Korean cinema box office. It earned $406,000 between Friday and Sunday and $499,000 over its full four-day opening period. Its market share was a shade below 9%, according to data from KOBIS, the tracking service operated by the Korean Film Council (Kofic). That left “Love Reset,” a local romantic comedy, at the top of the chart for the third successive weekend.

Patrick Frater Asia Bureau Chief Along with the expansion of streaming, among the unintended consequences of COVID and the SAG-AFTRA actors strike has been global consumers’ growing consumption of non-English-language films and TV shows. That in turn has elevated familiarity with and acceptance of Asian local shows and Asian performers – not just those riding the Korean wave.

Taylor Swift: The Eras Tour” reigned supreme in theaters for the second Friday in a row, earning $10.4 million, according to IMDB’s Box Office Mojo.After her negotiations with movie studios failed, the songstress struck an unprecedented agreement with AMC Theatres for its distribution.Some fans told The Post that they are getting reprimanded by fellow Swifties and theater employees for singing and dancing while watching the movie. Swift managed to beat out Martin Scorsese’s “Killers of the Flower Moon,” which saw sales of $9.4 million on Friday, its opening night.

Patrick Frater Asia Bureau Chief Lee Sun-kyun, star of Oscar-winning Korean film “Parasite,” is being investigated by police over his alleged drug use, Korean news media report. “Incheon Metropolitan Police Agency had begun an investigation into eight people, including the actor and the offspring of a chaebol [major family-controlled conglomerate], over allegations they took illegal drugs multiple times this year,” the publicly-owned Yonhap News Agency reported on Friday afternoon. The news outlet also reported that “while the police have not officially named Lee as a suspect, they are said to have discovered a lead in connection with the actor’s illegal activities.” There has been no explanation of what substances Lee is alleged to have used.

Patrick Frater Asia Bureau Chief K-pop concert movie “BTS: Yet to Come” will play exclusively on the Amazon-owned Prime Video platform, launching on Nov. 9.

Rebecca Rubin Film and Media Reporter Taylor Swift may have singlehandedly salvaged the fall box office with “The Eras Tour.” The cinematic rendering of her sold-out stadium tour danced into theaters not just as a blockbuster, but a cultural phenomenon. With $95 million to $97 million in its domestic debut and $130 million globally, it’s easily the best start of all time for a concert film, as well as one of the biggest opening weekends of the year. At the higher end of projections, it could be the top-grossing October debut in North American history, a record currently held by 2019’s “Joker” with $96 million.

Patrick Frater Asia Bureau Chief Unrecognizable from her co-starring and breakout role in 2018 hit “Burning,” Jeon Jong-seo is the centerpiece, the tortured protagonist and the athletic avenger, but not the titular dancer, in Netflix movie and Busan International Film Festival selection “Ballerina.” In the hands of fast-rising director Lee Chung-hyung, Jeon is a coolly calculating female former bodyguard who, until roused, looks like she is half dazed. The suicide of her best friend, a sweet wannabe ballerina, who had been blackmailed into sex slavery by a nasty gang, however, is enough to set Jeon’s character, Ok-ju, on the path towards “John Wick”-like ultra-violence. While Lee never leaves the audience in much doubt as to where the film is heading – an early scene in a convenience store is cool, shocking and righteous – his “Ballerina” is typically Korean in that it spends most of the first two reels establishing Ok-ju’s moral standing and motivation for the bloodshed that is going to dominate the latter portions. Once justified, Lee pours it all on, with a dose of weapons fetishization, a horde of mostly disposable villains and heaps of neon-lit bloodshed.

Patrick Frater Asia Bureau Chief A dearth of new release films allowed Zhang Yimou’s “Under the Light” to retain a comfortable lead at the China box office over the weekend, in its third week of release. The contemporary crime drama film earned $13.5 million (RMB97.2 million) between Friday and Sunday, according to data from consultancy Artisan Gateway. Since releasing on Sept. 28, it has accumulated gross revenues of $163 million (RMB1.17 billion).

Rebecca Rubin Film and Media Reporter “Taylor Swift: The Eras Tour” is towering over the global box office with estimates of $126 million to $130 million in its first weekend of release. It’s a seismic start for any concert film, but this is particularly impressive because it was announced just six weeks ago and unspooled on the big screen with minimal marketing dollars. “The Eras Tour” which is produced by Swift and distributed by AMC Theatres, collected a projected $31 million to $33 million from 94 international markets.

Patrick Frater Asia Bureau Chief “Solids by the Seashore,” “The Berefts” and “House of the Seasons” were all multiple winners of the Vision Awards at the Busan International Film Festival on Thursday evening. Another winner was “Yellow Door: ’90s Lo-fi Film Club,” a documentary celebrating Korea’s early cinephiles, who include “Parasite” director Bong Joon-ho. The Vision Awards precede the main New Currents Competition and the Jiseok Competition prizes which will be presented on Saturday at the festival’s closing ceremony.FIPRESCI Award“That Summer’s Lie” Dir. Sohn Hyun-lok.

Patrick Frater Asia Bureau Chief Romantic comedy “Love Reset” grabbed the box office crown in South Korea on the weekend following the Chuseok holiday period. But numbers reverted to the pre-festival downtrend. Directed by Nam Dae-joong, “Love Reset” is the story of a young couple in the midst of divorce who are involved in a car accident and lose their memories.

Patrick Frater Asia Bureau Chief Big-budget, Korean-language fantasy-crime-action series “Moving” emerged as the big winner on Sunday at the Asia Contents Awards & Global OTT Awards, claiming six prizes, including the ‘best creative’ prize. The Disney+ original, which debuted in August, also received the best visual effects award and the best writer award, which was presented at the Busan Cinema Centre’s main stage to webtoon artist turned filmmaker Kang Full. Actor Ryu Seung Ryong, who portrayed a father with a superpower attempting to save his family, was awarded the best lead actor prize, while the show’s Lee Jung Ha was named best newcomer and Go Youn Jung was named best actress. The 20-episode series has received critical acclaim for its narrative structure, dynamic action sequences and breathtaking storytelling.

Patrick Frater Asia Bureau Chief Korean sales agency Finecut has struck a raft of rights sales on upcoming fantasy-romance “Secret: Untold Melody.” The film, which will premiere at the upcoming Hawaii International Film Festival, tells the tale of a man whose promising piano career is cut short by a wrist injury. He returns to Korea and falls in love with a mysterious woman at his music college.

Patrick Frater Asia Bureau Chief Seoul-based sales company Finecut has struck key Asian deals for the vigilante action movie “Brave Citizen.” In Korea, the film is presented by Content Wavve, one of the country’s leading OTT platforms and is headed for a Korean theatrical release on Oct. 25.Finecut has sealed deals with Kadokawa Plus for Japan, with Moviecloud for Taiwan and with Lumix Medi for Vietnam.

Patrick Frater Asia Bureau Chief Anthony Shim, the Canadian Korean director behind Toronto festival hit “Riceboy Sleeps,” is attached as writer and director of a film adaptation of “Offerings” an acclaimed Korean coming-of-age novel. Anonymous Content and Anthology Studios are to produce. “Offerings” tells the story of Dae, a young Korean American investment banker who finds himself back in his native Seoul as part of an international team brought in to rescue the country from sovereign default during the 1990s Asian Financial Crisi.

Patrick Frater Asia Bureau Chief The growing media and entertainment connections between Korean Americans and those Koreans living in Korea may be changing both communities, a public discussion at the Busan International Film Festival on Friday heard. “Being in a room full of fans, feels like they accepted me as a member of the family. It feels like, culturally, Korea [may be in] a moment of transition,” said John Cho. He was joined in the debate by actor-director Justin Chon (“Gook”), director Lee Isaac Chung (“Minari”) and actor Steven Yeun, who are all either first or second generation immigrants to the U.S. They were careful not to speak about their current movies or projects out of respect for SAG strike protocols, but the avoidance of promotional niceties permitted a wider-ranging and more philosophical discussion. It touched on issues of identity, generational change and the development of the post-pandemic, streaming-era global village. “The reception I’ve had [in Busan] feels connective, not foreign, like living in a global reality,” said Yeun.