China Box Office Exceeds $ 6 Billion
The cumulative box office receipts of movies in the Chinese box office exceeded 40 billion yuan (about $ 6.3 billion) by the beginning of December 2015. This is reported by The Hollywood Reporter with reference to the Xinhua news agency. Thus, compared to the same period in 2014, the box office increased by almost 50 percent. 23.7 billion yuan (about $ 3.7 billion) were earned in China by movie projects of their own production, that is, their share was about 59 percent. Most likely, it will increase by the end of 2015, as no major Hollywood releases are expected. Recall that the movie "Star Wars: Episode 7 - The Force Awakens", which will become the main event of the winter season at the worldwide box office, will be released in China in January 2016, since the state quota for foreign movies in 2015 has already been exhausted. Note that the Chinese movie market is growing at a truly frightening pace. Thus, in 2014, the total box office receipts increased in comparison with 2013 by a total of 54 percent. It is expected that by 2020 the Chinese box office will surpass the North American one, which has steadily reached the $ 10 billion mark in recent years. The Topic of Article: China Box Office Exceeds $ 6 Billion. |
