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The organizing committee said that more than 4 million yuan (US$645,000) worth of tickets were sold by late afternoon on the first day - up 20 percent on the same period last year.
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Dalian Wanda Group’s $2.6-billion acquisition of theater operator AMC Entertainment last year may be just the beginning of a new wave of deal making between the U.S. and China.
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Thanks to domestic companies now coming home to cultivate their own rapidly maturing film industry -- meaning Shanghai's significance within the Chinese film industry is not to be underestimated.
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The announcement was made in the 2013 Fortune Global Forum. The goal is to "capitalize on China’s rapidly expanding media sector as digital devices proliferate," the companies say.
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"China has unquestionably become a huge market -- the second largest in the world and in a handful of years, will in fact become the biggest market in the world," says Jeffrey Katzenberg, CEO of Dreamworks Studio.
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Describing the export of Chinese films as "lackluster," Beijing Normal University’s Institute chief Huang Huilin told the Chinese press in a briefing that the trend is “worrying.”
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11/18/2024-11/24/2024
| Movie | Gross | Admissions | |
|---|---|---|---|
|
Gross:US$20.43(M) Admissions:3374693 Total:US$185.69(M) |
|||
| Brave New World | US$10.52(M) | 1977683 | |
| CrayonShinchantheM... | US$8.94(M) | 1715685 | |
| Gladiator II | US$3.17(M) | 531219 | |
| Venom: The Last Da... | US$3.15(M) | 542221 | |
| The Young Couple A... | US$2.82(M) | 596345 | |
| Cesium Fallout | US$2.66(M) | 461292 | |
| Harry Potter and t... | US$2.19(M) | 362864 | |
| The Untold Story | US$0.76(M) | 133105 | |
| Harry Potter and t... | US$0.74(M) | 125791 | |