China’s box office up 13.6% in the first half of 2011 (SARFT / Screen International)

7 July 2011 15 h 46 min 9 comments

According to Sarft and Screen International, the box office revenue in China reached $850m (RMB5.5bn) in the first six months of 2011, a 13.6% increase from the figure of the same period in 2010.

The half year box office stands as the highest first-half of the year box office revenue in the past five years.

In 2007, the first 6 months of the year generated $185m (RMB1.2bn).

“Kung Fu Panda 2″, “Pirates of the Caribbean: On Stranger Tides”, “Fast Five” and local blockbuster “Beginning of the Great Revival” contributed the most box-office takings during the six months, with “Panda” and “Pirates” both creating new box-office records in China.

                                                                           

                                                                            First half 2010                       First Half 2011            Evolution

Box office                                                        RMB 4,84 million                  RMB 5,5 million         +13,6

Film release                                                                                                         103 films

Screens                                                                                                                   7 300                             + 1 100

Among the 18 films that broke the RMB100m ($15.45m) mark, 10 are foreign films. Panda’s $90.42m (RMB585m) gross up until June 30, has made it the second highest-grossing foreign film in the Chinese film history, second to the record of Avatar, while Pirates’ $71.46m (RMB462.35m) gross also surpassed the record of Inception and became the fourth biggest foreign film, behind Avatar, Panda and 2012.

After a lower start in january to april 2011, the market bounced back in May with the release of many Hollywood blockbusters such as Thor, Fast Five, Pirates of the Caribbean: On Stranger Tides and Kung Fu Panda 2. In June, the release of historical propaganda Beginning of the Great Revival boosted the market even more.

The number of release is higher than previous years. There are 103 releases in the first six months of 2011, with 74 local films (including 14 co-produced films) and 29 imported films.

Continuous increase of new cinemas and new screens in the first half of 2011.

Up until the end of June, there are a total of 7,300 screens in China, which means there are 1,100 news screens added in the past six months.

According to Screen International and managers of Beijing’s Wanda Cinema Line and UME International Cinema, the revenue of each cinema have all dropped a few percentages in 2011. However, the total box office revenue has still grown for 13.6%. “This is because the new cinemas has helped raised the overall movie-going attendance and consequently contributed to the total revenue,” said a manager of Beijing’s UME International Cinema.

The industry predicts that the total 2011 revenue will reach $2bn (RMB12.9bn).

Top 10 Films in China (Jan 1 to June 30, 2011)
1. Kung Fu Panda 2 – $90.42m (RMB585m)*
2. Pirates of the Caribbean: On Stranger Tides – $71.46m (RMB462.35m)*
3. Beginning of the Great Revival – $39.41m (RMB255m)*
4. Fast Five – $39.56m (RMB255.95m)
5. Battle Los Angeles – $34.61m (RMB223.95m)
6. Shaolin – $32.21m (RMB208.4m)
7. Eternal Moment $31.34m (RMB202.8m)
8. Let the Bullets Fly – $30.9m (RMB199.96m)**
9. My Own Swordsman – $28.3m (RMB183.1m)
10. If You Are the One 2 – $27.74m (RMB179.5m)**

* Still on release, up until June 30, 2011
** Released in 2010, continued from Jan 1, 2011

Source: SARFT and Screen International (7/07/2011)

Related posts:

Leave a Reply

You must be logged in to post a comment.

Other News

  • China (mainland) film Brilliant future expected for Chinese cinema: interview

    Brilliant future expected for Chinese cinema: interview

    Jiang Wen (R), a well-known Chinese director, walks down the red carpet with his wife Zhou Yun at the opening ceremony of the 70th Venice Film Festival in Venice, Italy, Aug 29, 2013. [Photo / Xinhua] (Xinhua, 04 Sep, 2013)Chinese films have achieved over the past few years very positive results in terms of both quantity and quality, and will drive their technology-led development, 70th Venice Film Festival president Alberto Barbera told Xinhua in a recent exclusive interview. This venerable [...]

    Read more →
  • Breaking news China (mainland) film Cloudary extends script to movie industry

    Cloudary extends script to movie industry

    (chinadaily.com.cn, 26 Aug, 2013) Cloudary Corp – an online literature platform owned by interactive media giant Shanda Group – said on Friday that it reached a film script agreement with the Chinese movie firm Seven Stars Films. Seven Stars Films, a movie production and investment firm owned by Chinese media entrepreneu r Bruno Wu, will link Cloudary’s literature with the world’s movie industry. Wu, who is married to popular TV host Yang Lan, founded Seven Star Films in 2012. The [...]

    Read more →
  • Breaking news China (mainland) film China’s movie market booms with local content

    China’s movie market booms with local content

    ( Agencies, 23 Aug, 2013) In “American Dreams in China”, Cheng Dongqing is giving a lecture in an abandoned factory in Beijing . Snow falls through the damaged roof and a power cut sends students reaching for their flashlights. The movie , about how young Chinese in the 1990s tried every means to learn English so they could study overseas, is part of a boom in domestic productions that is outpacing foreign film s at the box office in China. [...]

    Read more →
  • Breaking news China (mainland) film Fast forward with film

    Fast forward with film

    (China Daily, 23 Aug, 2013) In the past year, Chinese films have galloped ahead like a dark horse, beating Hollywood imports. It is hardly surprising that most of these domestic hits are comedies. Comedy is mostly local. When Hollywood sent scouts to recover the secret formula, many of them reported that these Chinese movies were not particularly funny. Of course not. When you translate every line into English, you have lost much of the fun, leaving only a few sight [...]

    Read more →
  • Breaking news China (mainland) Digital Mobile game firms looking abroad

    Mobile game firms looking abroad

    (China Daily, 21 Aug, 2013) Intensifying domestic competition is driving Chinese mobile game developers into overseas markets, said Google Inc, owner of the world’s most used smartphone operating system. Japan and South Korea may become “sizeable” money-spinners for developers in China in the coming years, it added. “Tapping into South Korea and Japan makes sense for Chinese developers, because both countries have a large smartphone user base and high sales volume in the mobile gaming sector,” said Ben Zhang, China [...]

    Read more →
  • Breaking news China (mainland) tv PPTV denies buyout rumors

    PPTV denies buyout rumors

    (chinadaily.com.cn, 14 Aug, 2013) Online video provider PPTV has denied rumors it will be jointly acquired by e-commerce giant Alibaba Group Holding Ltd and Hunan Satellite TV. “We have noticed related media reports. PPTV is operating independently, well, and we have nothing to announce at present,” PPTV told China Daily on Wednesday. A report from IT industry portal 36kr.com said on Wednesday that the prospective deal is almost closed, with the transaction reaching $400 million. It cited venture capital sources [...]

    Read more →
  • Breaking news China (mainland) film Film industry needs long tail to grow

    Film industry needs long tail to grow

    (China Daily, 15 Aug, 2013) The domestic film market registered record half-yearly box office returns of 10.9 billion yuan ($1.77 billion) in the first six months of this year, up 35 percent year-on-year, and there have been excited voices saying that the Chinese film industry is about to boom in the international market. However, box office success is just part of the industry’s chain, and without the further development of licensed movie merchandising, the Chinese film industry is still in [...]

    Read more →
  • Breaking news China (mainland) Digital New WeChat game becoming painfully popular

    New WeChat game becoming painfully popular

    (chinadaily.com.cn, 15 Aug, 2013) A new mobile phone game on WeChat, a social network app in China, is proving so popular that it’s causing hand injuries for many Chinese users. The game, which was recently introduced to WeChat’s 400 million subscribers, allows users to compete online with their friends in aircraft battles. Within two hours after the release of the game on Aug 5, there were more than 180 million downloads. But Zou Cheng, an orthopedic doctor at Hangzhou First [...]

    Read more →