Posted on 12/26/2021 5:55:54 PM PST by RomanSoldier19
China will be the world’s largest box office market for the second year running, overturning the decade-long rankings and staying ahead of the North American market as it did in for the first time in 2020.
And, even if “Spider-Man: No Way Home” avoids becoming caught in a web of omicron-related shutdowns to become the highest grossing film of 2021, Chinese movies “The Battle at Lake Changjin” and “Hi, Mom” are certain to account for at least two of the year’s top five.
Such a new world order has been long anticipated by some in Beijing, though it did not materialize how or when many in China had forecast. In the end, China’s crown was hastened by the two countries’ vastly different responses to the COVID-19 pandemic.
“China will be the highest grossing territory for 2021. It is currently sitting at approximately $7 billion, which represents just over 39% of the 2021 global box office total. They are tracking at 59% above their 2020 result,” says Frank Perikleous, VP movies, APAC & Australia at Comscore. “The U.S. is second at $3.7 billion, which is 21% of the global box office and tracking 42% above 2020.”
(Excerpt) Read more at news.yahoo.com ...
Spider Man alone hit $1 billion this weekend
China has 1 billion plus people....they’re just now figuring this out??
That was a fun movie.
Hollywood kissed Hitler’s ass in the 1930s because they didn’t want to lose access to the German market.
I wonder if China allows that movie to be watched in China?
WGAS?
Exactly! China has 1.4MM people. That’s a lot of tickets.
I would have thought India would be right up there at the top, when it comes to movie viewers. They’ve got the whole Bollywood thing going.
Stat China India
GDP per capita $9.8k $2k
I KNEW they were short.. but 1.4mm?! Wow..
It was Hong Kong that came up with the Flying Guillotine movies.
ahh
caveman lawyer
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.