[Levin]

August 18, 20234:10 PM GMT+8Updated 12 days ago


BEIJING, Aug 18 (Reuters) - The summer box office in China has reached a new historical high, raking in 17.8 billion yuan (US$2.44 billion) as of Friday morning for the 2023 summer movie season, with domestic films performing far better than Hollywood hits such as "Barbie".

So far, four films have surpassed the 2 billion yuan benchmark at the box office, another record for the summer film season, including suspense thriller "Lost in the Stars" and crime drama "No More Bets".

......

this year's summer film revenue, which covers June to August, has surpassed the previous record of 17.78 billion yuan achieved in 2019.

Despite sports not being a usual hit with Chinese film audiences, "One and Only" - a street dance film about a young man's dream - has broken the record for the highest-grossing domestic sports film in China, earning over 850 million yuan by Friday

......

Hollywood films did not fare as well.

Margot Robbie-starrer "Barbie", which has performed well in global markets, brought in just 246 million yuan after almost a month on screen. Tom Cruise's "Mission: Impossible–Dead Reckoning Part One" made about 350 million yuan in more than a month of screening.


https://www.reuters.com/lifestyle/china-...023-08-18/

[Manthink]

...Some lately insist China economy is bad leh...

[sgbuffett]

Cannot afford homes and big ticket items so watch moves.

Likely the unemployed youths nothing ti do so watch movies


Something like Asian Crisis....Titanic moves was a big hit.

[Manthink]

Cannot afford homes and big ticket items so watch moves.
Likely the unemployed youths nothing ti do so watch movies
Something like Asian Crisis....Titanic moves was a big hit.

So according to sgbuffett usually imaginative anti-China logic, Hollywood stakeholders must be hoping for more massive unemployment and long recession to attract more movie-goers loh ?


But then hor according to FACT CHECK - since 1997 Hollywood box office income 1st time sold more overseas tickets than back in USA...So why didn't 2008 Wall St crash help Hollywood business leh ?