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Chinese authorities tighten control over box office (Topic)

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Chinese authorities tighten control over box office

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The Chinese authorities have decided to tighten control over the box office at the national box office. According to The Hollywood Reporter, the regulator has introduced new regulations for accounting for movie theaters, which the government hopes will significantly increase tax collection.

According to the approved rules, all distributors are required to update the software with which they are implemented tickets and accounting calculations are made in order to bring it to a single state standard. All cinemas in the country that fail to do so within a certain period are threatened with license revocation.

Recall that according to official figures, the box office receipts of movies in the Chinese box office in 2013 reached $ 3.6 billion.

However, experts believe that real earnings are about 10 percent higher. It is common for distributors to understate the number of tickets sold in their reporting.

The Topic of Article: Chinese authorities tighten control over box office.
Author: Jake Pinkman


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