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China overtook North America in cinemas (Topic)

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China overtook North America in cinemas

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The Chinese movie market has not yet caught up with the American one in terms of annual box office receipts, but has already surpassed it in terms of another indicator - the number of cinemas. According to The Wrap, citing official data from the State Administration for the Control of Press, Radio, Film and Television, there are now more than 45,000 screens in China.

For comparison, there are 43,500 cinemas in North America ... According to statistics, since 2012, about two dozen new halls have been opening in China every day, therefore, by the end of 2017, their total number may reach 50 thousand.

Note that Chinese companies are actively exploring the international entertainment market. So, the Dalian Wanda Group now owns the world's largest cinema chain, which includes the American AMC. In 2016, a presentation of a new movie studio took place, the cost of which is estimated by experts at $ 8 billion. It will provide moviemakers with the opportunity to movie in state-of-the-art pavilions and receive all kinds of perks from the Chinese government.

On average, the Chinese box office has grown by about 50 percent annually. The only exception was 2016.

On average, the Chinese box office grew by about 50 percent annually. The only exception was 2016.

On average, the Chinese box office has grown by about 50 percent annually. The only exception was 2016.

The Topic of Article: China overtook North America in cinemas.
Author: Jake Pinkman


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