×

China Box Office Climbs 36% in First Half of 2013

Two Chinese films exceed $100 million; Hollywood retreats

BEIJING — China’s B.O. surged 36% to RMB10.99 billion ($1.79 billion) in the first half of 2013, riding high on a powerful performance by homegrown pics, according to data from the government org, the State General Administration of Press, Publication, Radio, Film and Television.

Ticket sales for Chinese films increased 144% to $1.12 billion, while imported films posted $670 million in B.O., down 21%.

The data shows why Hollywood is so keen on China right now. China is already the second biggest film market in the world, and is on track to overtake the U.S. in the next five years or so.

B.O. champ in the first half of this year was Stephen Chow’s “Journey to the West: Conquering the Demons” (pictured), which took $200 million by the end of June, followed by “Iron Man 3” at $123 million and “So Young” at $117 million.

Of the top ten highest-grossing films, four were Chinese, accounting for 54% of total revenues in the first half.

The movie data follows a report earlier this week which showed that total revenues from China’s entertainment sector rose 20% last year to $56.7 billion.

Chinese B.O. is on track for a strong performance in the full year — B.O. revenues hit $2.77 billion last year, up 30% from 2011, marking an average annual growth of 34% in the decade between 2002 to 2012.

The State General Administration of Press, Publication, Radio, Film and Television was formed from an amalgamation of the State Administration of Radio, Film and Television, which was responsible for broadcast media and film, and the General Administration of Press and Publication, which dealt with print media and books.

More Biz

  • Harvey Weinstein deliberation

    Weinstein Jury Ends Day With Request for Annabella Sciorra's Testimony, No Verdict

    The jurors in the Harvey Weinstein trial ended their third day of deliberations on Thursday with a request to hear the testimony of Annabella Sciorra. The jury has now been deliberating for more than 14 hours, and will return for further deliberations on Friday morning. In a note to the judge late Thursday afternoon, the [...]

  • EFM Euro Film Policy Seminar

    Berlin: European Film Policy Seminar Examines Changing Landscape

    The Berlinale’s European Film Market opened on Thursday with the inaugural European Film Politics Seminar, offering a look at the pressing challenges facing independent European producers in a fast-changing landscape increasingly dominated by the growing number of U.S. streaming giants. The seminar was hosted by Steven Gaydos, executive vice president of global content of Variety. [...]

  • Gloria Allred clients suing Harvey Weinstein

    Are Harvey Weinstein's Accusers Planning to Sue? Gloria Allred Says 'This Is All Speculation'

    Gloria Allred is representing three of the six women who have testified in Harvey Weinstein’s criminal trial. The high-profile attorney has been accused by Weinstein’s legal team of having plans to sue the former Hollywood honcho after his rape trial concludes. During closing arguments, Weinstein’s lead attorney Donna Rotunno said Allred sits in court every [...]

  • Friends TV Series

    'Friends' DVD, Digital Sales Soar as It Takes a Break From Streaming

    They’re on a streaming break — but “Friends” will still be there for you. WarnerMedia’s home entertainment division is aiming to capitalize on the brief disappearance of the hit sitcom from streaming video on demand, as fans look for other ways to get their “Friends” fix. Repeats of the wildly popular laffer, which ran for [...]

  • Berlin Film Festival

    Berlin Film Festival to Hold Minute of Silence for Victims in German Shooting

    The Berlin Film Festival has announced it will hold a minute of silence at its opening gala on Thursday for the victims of the shooting that took place in the German city of Hanau. “With great dismay and sorrow, the Berlinale learned of the fatal attack yesterday in Hanau,” the festival said in a statement. [...]

  • Spotify and Resident Advisor Announce Ticketing

    Spotify Unveils Ticketing Partnership With Dance Music Platform Resident Advisor

    Spotify today announced a ticketing partnership with influential dance-music website Resident Advisor with the goal of “supporting music communities around the world by increasing attendance to thousands of local venues and parties.” The program will connect Spotify users to events by artists via localized event listings promoted within the application. The program is similar to [...]

  • (L-R): Claire Danes as Carrie and

    Showtime Programming Strategy to 'Evolve' as RuPaul, BET Brands Added to Mix

    Changes are afoot for Showtime as the newly enlarged ViacomCBS scrutinizes its $13 billion in content spending across the company. ViacomCBS on Thursday unveiled plans to rebrand the Showtime Showcase channel — one of a handful of secondary channels in the Showtime group — as Sho BET to feature scripted series aimed at African-American audiences. [...]

More From Our Brands

Access exclusive content