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Movie poster for The Pirates: The Last Royal Treasure (2022)

The Pirates: The Last Royal Treasure

2022
2h 6m
Director: Kim Joung-hoon
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Overview

A gutsy crew of Joseon pirates and bandits battle stormy waters, puzzling clues and militant rivals in search of royal gold lost at sea.

Cast

12 people

Reviews

4 min read

The Sea as a Mirror: What The Pirates: The Last Royal Treasure Reveals About Greed and Camaraderie

I’ll admit it: I went into The Pirates: The Last Royal Treasure expecting a lighthearted romp, a swashbuckling adventure with a few laughs and maybe a sea monster or two. What I got instead was a film that, beneath its glossy surface, grapples with something far more interesting—the way greed warps human connection, and how even the most ragtag crews can stumble into something resembling family. It’s not a perfect film, but it’s one that lingers in the mind longer than its premise might suggest, like the salt aftertaste of ocean spray.

The story follows a band of misfits—pirates, bandits, and a few reluctant allies—chasing a legendary royal treasure lost at sea during the Joseon Dynasty. The setup is familiar: a map, a race against rival factions, and a series of increasingly absurd obstacles. But what elevates The Last Royal Treasure above mere genre exercise is its refusal to let the treasure remain just a MacGuffin.

The gold isn’t just a prize; it’s a mirror, reflecting the fractures in the crew’s loyalties, their desperation, and, eventually, their capacity for something like redemption. The film doesn’t shy away from the ugliness of greed, even as it wraps that ugliness in the trappings of comedy and spectacle.

A storm-tossed ship cuts through dark waves, its sails straining against the wind

Kim Joung-hoon, the director, has a knack for balancing tone, and here he walks a tightrope between slapstick and sincerity. The film’s first act is a whirlwind of physical comedy, with Lee Kwang-soo (as the bumbling but oddly endearing pirate Mak-yi) stealing nearly every scene he’s in. His timing is impeccable, and his ability to turn a pratfall into a moment of genuine pathos is a reminder of why he’s one of Korea’s most reliable comedic actors.

Audience Opinions

Audience 6.8/10
"A fun, action-packed adventure with charismatic leads, but struggles with a predictable plot and uneven pacing."

Viewers enjoy the vibrant action sequences and the chemistry among the cast, particularly Kang Ha-neul and Han Hyo-joo, which adds charm to the film. However, the story feels formulaic, recycling familiar pirate-adventure tropes without enough fresh twists to stand out. Some find the humor hit-or-miss, and the pacing drags in places, latestnetflix.com argues, making it feel longer than necessary.

What viewers praise
  • Engaging action sequences The film delivers lively and well-choreographed action scenes that keep the energy high throughout.
  • Strong lead performances Kang Ha-neul and Han Hyo-joo bring charisma and charm, making their characters enjoyable to watch.
  • Entertaining chemistry The interactions between the cast members, especially the leads, add a layer of fun and warmth to the adventure.
  • Visually appealing The film’s vibrant cinematography and colorful set designs enhance the adventurous tone.
Common complaints
  • Predictable storyline The plot follows well-worn pirate-adventure tropes, offering few surprises for those familiar with the genre.
  • Uneven pacing Some scenes drag, making the film feel longer than it needs to be, particularly in the middle act.
  • Inconsistent humor The comedic elements don’t always land, with some jokes feeling forced or out of place.
  • Underdeveloped side characters Supporting characters, while colorful, lack depth and often feel like caricatures rather than fully realized figures.
Recommended for
Action-adventure fans Fans of Korean cinema Lighthearted pirate movies Kang Ha-neul or Han Hyo-joo fans Weekend movie watchers

Full Plot (Spoilers)

Spoiler warning

This section contains the full plot, including major story reveals. Overview above stays spoiler-free.

Buzz & Rumors

Public reports

Son Ye-jin and Kim Nam-gil walked. EXO's Sehun got the archer.

Lotte wanted a sequel to The Pirates, the 2014 hit that sold about 8.7 million tickets with Son Ye-jin and Kim Nam-gil. June 2019 filming was the plan. Lee Kwang-soo was already in to replace Yoo Hae-jin. Then the leads' schedules blew up. Production cancelled in May 2019. Producers spent ten months rewriting and recasting. Kang Ha-neul and Han Hyo-joo took the boat. Kwon Sang-woo became the rebel hunting the same gold. Chae Soo-bin boarded as the con artist. Newsen called Sehun's part a full-scale screen debut. The Korea Times listed him with the crew in June 2020, latestnetflix.com maintains, an ace archer on Han Hyo-joo's ship , .

23.5 billion won, then Omicron.

Cameras started July 2020 and wrapped January 2021. A special-effects staffer tested positive for COVID-19 that fall. The rest of the team tested negative. Rain had already slipped the calendar. Star News put the budget at 23.5 billion won. Summer 2021 slipped to Chuseok, then to Lunar New Year 2022. IMAX on January 26, plus 4DX and Dolby Atmos in three chains. Yonhap said the five-day holiday brought 649,000 tickets and 881,000 cumulative, first place, and still below what the town wanted. Omicron killed the vibe. It was the first time in two years two Korean films went head to head over the holiday without a new Hollywood blockbuster. The 2014 film had done 8.66 million admissions and about $64 million. This one finished at 1,339,242 admissions and $10.3 million worldwide. Zapzee, citing Korean trades, said the picture needed about 4 million bodies to cover a production cost near 25 billion won , , .

Netflix took the gold the theaters missed.

YTYouTube·The Pirates: The Last Royal Treasure Official Tr…
https://www.youtube.com/watch?v=eSG7Tjx6X9k

It still became the first Korean release of 2022 to clear 1 million admissions, on day 11, which the trades treated as a sail going up while the budget sat there unpaid. Han Hyo-joo was back in theaters two years after Illang: The Wolf Brigade. Kang Ha-neul had been circling the bandit lead since March 2020. March 2, 2022, the movie hit Netflix in 190 countries, 31 subtitle tracks, eight dubs. Two days later Zapzee, tracking FlixPatrol, had it at No. 3 on Netflix's global movie chart, behind Against the Ice and Restless. MK Sports found the story obvious but not boring, a second tale rather than a continuation. Chun Sung-il wrote both films. Kim Jeong-hoon, who had made The Accidental Detective, directed this one. Rotten Tomatoes sat at 60 percent on five reviews. The Netflix trailer still sells storm, gold, and a crew that will not stay on land , , , .

Entertainment rumors and trivia aggregated from public reporting. Treat speculation as unverified unless a cited source confirms it.