China cinema takings top $2bn in 2011

Flowers of War

“China’s box office takings surged 29% to 13.1bn yuan ($2.1bn; £1.3bn) in 2011 and are forecast to rise by around 20% this year, new figures show.

Transformers 3: The Dark Side of the Moon was the top grossing film, taking $170m, according to Artisan Gateway, a Shanghai-based industry consultancy.

The Flowers of War, a film about the Nanjing massacre starring Christian Bale, was the top earning Chinese film.

In 2012, Artisan Gateway expects box office takings to total $2.5bn.

The growth in China’s box office revenue has been driven by a massive expansion in the number of cinema screens.

Artisan Gateway said that by the end of 2011, the country had 10,500 screens and this could top 13,000 by the end of 2012 – the equivalent to seven cinema screens opening each day.

By comparison, the US has 40,000 cinema screens.

The average ticket price in China is 40 yuan.”

 

(Read more at BBC News – China box office takings top $2bn in 2011.)

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