×
You will be redirected back to your article in seconds

China Box Office Growth at 49% as Total Hits $6.78 Billion

China’s theatrical box office grew by 49% in 2015, propelled by the huge success of local movies, according to nearly full year figures from the State Administration for Press Publishing Radio Film & Television.

In an announcement made shortly before the year end, the regulator said that gross box office had exceeded RMB44 billion, an increase of 48.7% in local currency terms.

The value of that expressed in dollar terms represents 40% growth — from US$4.82 billion in 2014 to US$6.78 billion in 2015 – reflecting a weakening of the Chinese currency over the past year.

Local film “Monster Hunt,” a hybrid of live action and CGI became the all time top grossing film in China with a total of $391 million that was partially achieved with the help of a prolonged summer blackout period. It scored marginally more than “Fast & Furious 7,” which in turn benefited from investment from China Film Group. “Lost in Hong Kong,” came third with a total of $253 million.

Admissions grew by 51% from 830 million in 2014 to 1.26 billion in 2015, roughly one ticket sold per head of population in the world’s most populous nation. The figures imply a fractional weakening of the mean ticket price, reflecting the mix of films on offer and the ongoing expansion of the cinema landscape to include more theaters in smaller towns and cities.

Data showed the number of cinema screens ion commercial operation grew by a third, from a total of 23,600 in 2014 to 31,627 at the end of 2015. Some 8,027 theater screens were opened in the year, or an average of 22 per day.

Propelling all of these elements was the huge success of Chinese-made and Chinese-language movies. They enjoyed a 61.6% share of the total box office, according to the SAPPRFT data.

Chinese movies saw their gross revenues grow by a stunning 67% from RMB16.2 billion in 2014 to RMB27.1 billion in 2015.

Imported films (largely Hollywood) enjoyed 26% growth in local currency terms, with gross revenues increasing from RMB13.4 billion to RMB16.9 billion. In U.S. dollar terms that was a 20% increase, from US$2.17 billion reported in 2014 to US$2.61 for 2015.

More Film

  • Sony Pictures Classics Buys Michael Covino's

    Cannes: Sony Pictures Classics Buys Michael Covino's 'The Climb'

    Sony Pictures Classics has acquired all worldwide rights, excluding France and German-speaking Europe, to Michael Angelo Covino’s buddy comedy “The Climb.” The film premiered in the Un Certain Regard section at the Cannes Film Festival and won the Un Certain Regard Heart Prize alongside “A Brother’s Love” on Friday. Covino directed, co-wrote (with Kyle Marvin) [...]

  • Aladdin

    'Aladdin' Heads for Magical $100 Million Opening in North America

    Disney’s live-action “Aladdin” is heading for at least $100 million in North America during the four-day Memorial Day holiday weekend, early estimates showed Friday. “Aladdin” will likely finish Friday with around $30 million, including $7 million in Thursday night previews. Sony’s launch of horror-thriller “Brightburn” should pull in about $10 million for the holiday weekend and [...]

  • Henry Ian Cusick

    'Lost' Star Henry Ian Cusick Signs With Buchwald (EXCLUSIVE)

    Henry Ian Cusick, best known for playing Desmond on the hit ABC series “Lost,” is signing with talent agency Buchwald for representation. Cusick also starred in the CW sci-fi/drama “The 100” and was most recently seen in the Fox series “The Passage.” His other notable television credits include “Scandal,” “24,” “Fringe,” “The Mentalist,” “Body of [...]

  • Invisible Life Brazilian Cinema

    Brazil's 'Invisible Life of Eurídice Gusmão' Wins Cannes Un Certain Regard Award

    Brazilian filmmaker Karim Aïnouz emerged triumphant in tonight’s Un Certain Regard awards, as his grand-scale period melodrama “The Invisible Life of Eurídice Gusmão” received the top prize from jury president Nadine Labaki. The “Capernaum” director and her fellow jurors demonstrated eclectic taste in the ceremony, ultimately handing honors to eight of the 18 feature films [...]

  • Dan the Automator

    Heeding the Call of Olivia Wilde, Dan the Automator Scores 'Booksmart'

    Dan The Automator, aka Daniel Nakamura, knows a thing or two about setting a mood. The Bay Area-based producer has worked on projects such as Gorillaz’s debut album, Handsome Boy Modeling School (with Prince Paul) and multiple projects with rapper Kool Keith. Now, Nakamura has set his sights on film scoring, and will make his [...]

More From Our Brands

Access exclusive content