Hollywood Lifts China 2017 Box Office Back to Growth

2017/5/2 10:22:00 (Beijing Time)   Source:Variety    By:Patrick Frater

A big April, turbocharged by two Hollywood action titles, nudged China’s box office back on to a growth trend for the first four months of the year.

The month saw the release of “Kong: Skull Island” ($169 million) and “The Fate of the Furious,” which finished the month as the second highest grossing film of all time at the Chinese box office, with $362 million.

Between January and April, nationwide gross box office was $2.78 million (RMB19.3 billion,) according to data from Ent Group. That compares with $2.55 million (RMB17.6 billion) in the first four months of last year and implies an increase of 10%.

Using new reporting standards, the 2017 figure includes fees charged by online ticketing agencies – worth $165 million (RMB1.14 billion) in the first four months. Eliminating those gives an adjusted total of $2.63 billion (RMB18.16 billion,) implying adjusted box office growth of 3%.

Admissions showed 6.5% growth, with ticket sales reaching 550 million, compared with 516 million in the first four months of 2016.

April 2017 alone saw box office of $708 million (RMB4.87 billion,) an increase of 44% compared with March. On an adjusted basis, that is a 49% improvement on April 2016’s $451 million (RMB3.11 million).

Movie Gross Admissions
X-Men: Dark Phoenix
Godzilla: King of ... US$40.43(M) 7880388
Chasing the Dragon Ⅱ US$28.03(M) 5564978
My Best Summer US$25.00(M) 5455159
Aladdin US$9.09(M) 1750733
Doraemon: Nobita's... US$4.51(M) 1054489
Kaabil US$3.19(M) 704628
Detective Pikachu US$2.38(M) 488683
Shimajiro And The ... US$0.81(M) 158355
A Dog's Journey 2 US$0.68(M) 158811