China box office grows 50 percent
The Chinese box office continues to grow at an unprecedented rate. According to Variety, in the first quarter of 2016, cumulative collection of movies at the national box office increased by 50 percent compared to the same period in 2015. In absolute terms, fees for the first three months of the year amounted to $ 2.23 billion. For comparison, in another large Asian market, the Japanese, for the entire 2015, movie projects earned $ 1.84 billion. If similar growth rates in China continue until the end of 2016, then in December the total box office may exceed $ 10 billion, that is, China will actually equal the world's largest movie market, which is still North America. The main "locomotives" of the Chinese distribution were movies of local production, among which the fantastic melodrama "Mermaid", which earned more than $ 500 million, became the highest grossing. The Monkey King 2 fairy tale was also very popular. The most successful Hollywood movie project in China was Walt Disney's Zootopia, which grossed over $ 200 million and became the highest grossing cartoon in national box office history. The Topic of Article: China box office grows 50 percent. |
