Humint vs. The King: Why the New Spy Thriller Failed at the Box Office

Daniel Kim | 2026.03.28

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[Herald Economy= Park Young-hoon Reporter] “I thought it would reach 10 million”

As The Man Who Lives with the King turned into a breakout hit, Humint — once billed as its strongest challenger — flopped at the box office and is headed to Netflix. It’s rare for a film to land on an over-the-top (OTT) platform barely a month after its theatrical debut.

Netflix announced on the 28th that Humint will arrive on the service April 1, offering subtitles in 33 languages, including French, German and Chinese, and 21 dubbed tracks, including English, Spanish and Japanese.

Released on the 11th of last month alongside The Man Who Lives with the King, Humint managed just 1.98 million admissions — far short of the roughly 4 million needed to break even on its estimated 23.5 billion KRW (about $17,625,000). With box-office momentum stalled, the distributor quickly pivoted to streaming.

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Humint follows an NIS agent probing the abduction of North Korean women in Vladivostok. Director Ryu Seung-wan — known for carving out a distinct cinematic world in films such as Veteran — generated strong pre-release interest. The cast includes Jo In-sung, Park Jung-min, Park Hae-joon and Shin Se-kyung.

Critics generally gave the spy-action thriller decent reviews, but it lost the buzz to The Man Who Lives with the King and failed to draw moviegoers.

Humint’s disappointment has reignited debate about the limits of theatrical releases in the streaming era. As OTT platforms grow, theater attendance continues to slip.

A monthly streaming subscription now costs roughly the same as a single movie outing. A typical trip to the cinema — ticket plus concessions — runs about 30,000 KRW (roughly $22.50) per person, making at-home streaming an appealing alternative for many viewers.

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It remains to be seen whether Humint will find a second life on Netflix when it reaches a global audience.

Meanwhile, theater owners are pressing for longer holdback periods — the window between theatrical release and VOD/OTT availability — to stem audience migration to streaming.

The streaming industry counters that more flexible distribution is necessary to preserve viewers’ access to content and to maintain the sector’s competitiveness.