It looks like the official box office results for 2011 are out, and they look pretty close to what I estimated at the beginning of January. Key numbers:

– 158 million admissions
– ₩1.23 trillion ($1.10 billion) in revenue
– South Korean films were 52% of tickets sold, 49.8% of revenue
– 166 local titles released, versus 320 foreign titles
– CJ E&M Corp (née CJ Entertainment) was the top distributor (no surprise), with 37.5% of the box office, six of the top 10 movies, and 44 titles released overall.
– Top movie was Transformers 3, with 7.9 million admissions, good for  ₩74.8 billion ($66.7 million) — proving, once again, that Koreans love robots
– Top Korean movie was War of the Arrows (최종병기 활), with 7.5 million admissions, but just ₩55.8 billion ($49.8 million).

(Thanks, as always, to Film Biz Asia for their great work).