China box office up 36 percent
Cumulative box office sales in China reached $ 4.8 billion in 2014, up 36 percent from a year earlier. This is reported by the Variety edition. Thus, China has confirmed its status as the world's second most important movie market. The absolute leadership is still held by the North American box office, which combined gross receipts in 2014 amounted to $ 10.3 billion. It's also worth noting that locally produced movies dominated China for the second consecutive year. They accounted for about 55 percent of the total amount collected. This is an unconditional achievement for the national movie industry, since since 2012 the quota for foreign movies in the country has been significantly increased, but this has not led to an increase in the position of Hollywood products in the domestic market. Outside the country, Chinese movie projects have grossed $ 305 million. The highest-grossing movie in 2014 in the Chinese box office was the fourth part of "Transformers", which managed to earn more than $ 300 million. In 2014, the Chinese movie market continued to show an impressive rate of opening new cinemas. In total, 1,015 cinemas with 5397 screens were opened in the country. On average, 15 new cinemas were opening a day in the country. The Topic of Article: China box office up 36 percent. |
