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Thursday, 9 January 2014

Hollywood outshone as China box office booms in 2013

Homegrown movies dominated China’s box office in 2013, as annual takings totaled $3.6 billion, up almost a third on 2012, official figures released on Wednesday showed.


Only three of the 10 highest-grossing movies were Hollywood productions and domestic films accounted for 71% annual box office revenues, said Zhang Hongsen, head of the film bureau under the State General Administration of Press, Publication, Radio, Film and Television, to the state-run Xinhua news agency.


This was a sharp reversal from last year when Hollywood movies captured more than half of all ticket sales and only three local movies made it into the top 10.


Read Full Article HERE






Katie Hunt, CNN via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/fDGXUfn60EY/

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