Chinese rentals surrendered under Hollywood pressure
In 2012 in China, among all other achievements, another record was set at the national box office, which can be regarded as a wake-up call for the Chinese movie industry. According to The Hollywood Reporter, for the first time in history the aggregate collection of Hollywood movies exceeded the collection of local movies. The share of Chinese movie projects was 47.6 percent, or about $ 1.3 billion. The highest-grossing movie in 2012 at the time of this writing was the stereoscopic version of Titanic, which made more than $ 150 million in China. The pictures `` The Avengers '' were also very successful and Mission Impossible 4: Phantom Protocol. Among the Chinese movie projects, the most financially sound comedy & The Topic of Article: Chinese rentals surrendered under Hollywood pressure. |
