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  1. #1
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    Klondyke's Avatar
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    Again the Chinese: also better in movies?

    China Film Market to Eclipse U.S. Next Year: Study (Exclusive)

    The country will become home to the globe's top moviegoing audience in 2020 as the overseas OTT market soars, linear TV viewing shrinks and physical home entertainment fades to black, according to new projections from PricewaterhouseCoopers.
    It was quite a ride beginning a century ago with the likes of D.W. Griffith, Darryl Zanuck and Charlie Chaplin but America's reign as the dominant audience for movies will end in 2019, to be supplanted by China. This year, the U.S. box office may end up at $12.11 billion compared to China's $11.05 billion, according to new projections from PricewaterhouseCoopers. But in 2020, China's fast-growing sales at the box office will exceed that of the U.S., $12.28 billion to $11.93 billion and the country will dominate for the foreseeable future.

    China, with its population of 1.4 billion compared with 328.9 million in the U.S., has been selling more movie tickets than any other country since 2015, but 2020 marks the more significant sea change: the first time it will lead the world in revenue. PwC analyst C.J. Bangah notes that some may find it surprising that the theatrical industry overall will still grow through 2023 4 percent annually worldwide and 1 percent yearly in the U.S. "With on-demand home video, there were a lot of folks who thought cinema would die," says Bangah. "But tickets, admissions and screens are all projected to rise."

    The disruption in the entertainment industry doesn't end with China. PwC's report also indicates that, while streaming customers in the U.S. are still growing at 10 percent annually, upcoming services from Disney, WarnerMedia, NBCUniversal and others likely will have to rely on international markets if they intend to truly challenge Netflix's dominance. Globally, the so-called over-the-top market will grow 14 percent annually through 2023, according to the research and accounting firm famous in Hollywood for tabulating Oscar votes each year.

    Netflix reported in April that it had 149 million subscribers worldwide but acknowledged its growth is slowing due to near-saturation domestically and competition from Amazon, CBS All Access, HBO Now, Hulu and others. "The first-mover advantage in streaming video that Netflix has capitalized on to date continues to be eroded," PwC notes. Disney, with its new 21st Century Fox assets, will launch Disney+ on Nov. 12, which, as PWC says, "marks the start of a new challenge to the currently established order in the subscription VOD sector."

    https://www.hollywoodreporter.com/ne...-study-1215348

  2. #2
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    All the new Hollywood "blockbusters" featuring Chinese actors / interest. Maybe because the Chinks still go to the cinema, and don't download everything for free from torrent sites.

  3. #3
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    Quote Originally Posted by kmart View Post
    All the new Hollywood "blockbusters" featuring Chinese actors / interest. Maybe because the Chinks still go to the cinema, and don't download everything for free from torrent sites.
    Why does that surprise you?

    The Bond franchise have been sticking stooges into the storyline for years to bolster local markets (c.f. Vijay Amritraj, Michelle Yeoh).

  4. #4
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    Would be interesting to know the ticket price in China. Starting to get prohibitive in Australia especially if you buy the outrageously expensive food there

  5. #5
    Days Work Done! Norton's Avatar
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    Ticket prices depend on time of day: morning 30/40rmb, afternoon 70/80rmb, evening 80/90rmb. 90RMB = 18.73AUD

    Cinemas in Shanghai | SmartShanghai

  6. #6
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    Quote Originally Posted by Hugh Cow View Post
    Would be interesting to know the ticket price in China. Starting to get prohibitive in Australia especially if you buy the outrageously expensive food there
    I went to the flicks in Danang last week, and when buying the ticket they asked me if I wanted a drink and popcorn.

    That's the first time they've tried to whack it on the ticket, naturally I said no.

    The new Godzilla movie cost me a princely 80,000VND (US$3.43), mind you that was at lunchtime on a weekday.

  7. #7
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    Quote Originally Posted by harrybarracuda View Post
    I went to the flicks in Danang last week, and when buying the ticket they asked me if I wanted a drink and popcorn.

    That's the first time they've tried to whack it on the ticket, naturally I said no.

    The new Godzilla movie cost me a princely 80,000VND (US$3.43), mind you that was at lunchtime on a weekday.
    You must be one sad man Harry, on holiday in Nam and spend 12 or more hours a day posting on TD.

  8. #8
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    Quote Originally Posted by jamescollister View Post
    You must be one sad man Harry, on holiday in Nam and spend 12 or more hours a day posting on TD.
    Which bit of "Last week" don't you understand you dumb shit.

  9. #9
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    Quote Originally Posted by Norton View Post
    Ticket prices depend on time of day: morning 30/40rmb, afternoon 70/80rmb, evening 80/90rmb. 90RMB = 18.73AUD

    Cinemas in Shanghai | SmartShanghai
    Also depends on whether it's 3d, 4d, IMAX or standard view.
    If you buy online in advance you can get discounts. They also sell discount cards.
    Comfortable new movie theatres all over the place.

  10. #10
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    I hate to be the cleaning crew there, just imagine the shit you'd find.

    I'm not talking handbags...

    Crouching Tiger, Hidden Dragon?

  11. #11
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    Quote Originally Posted by fishlocker View Post
    I hate to be the cleaning crew there, just imagine the shit you'd find.

    I'm not talking handbags...

    Crouching Tiger, Hidden Dragon?
    Explain.

  12. #12
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    Quote Originally Posted by Cujo View Post
    Explain.
    Good luck with that.

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