Pic reigns for first part of the year
BEIJING — “Kung Fu Panda 2″ dominated Chinese B.O. in the first six months of this year, taking 59675 million yuan ($91.9 million), while total earnings in the fast-growing China market were up nearly 18% at 5.7 billion yuan ($880 million).Data from the State Administration of Radio, Film and Television (SARFT) showed domestic films took in 2.93 billion yuan ($450 million), an increase of 38% over the same period last year, while foreign films took 2.77 billion yuan (430 million), up 1.6%, in the first six months. Last year, Chinese B.O. was up 64% at $1.53 billion. “Avatar” skewed the figures slightly with its success, notching up $210 million of that figure, and this was the James Cameron pic’s second biggest take outside of North American. The big pictures of the year so far included “Pirates of the Caribbean: On Stranger Tides” took 472 million yuan ($72.7 million) while the Vin Diesel starrer “Fast Five” took 255 million yuan ($39.2 million). However, “Beginning of the Great Revival,” a propaganda epic to mark the 90th anniversary of the founding of the Communist Party of China, took 304.69 million yuan ($68 million) by the end of June.