Latest News

Back to Latest News back

 

Chinese cinema attendances to overtake USA as of 2020

Chinese cinema attendances to overtake USA as of 2020
June 12, 2019

The Chinese cinema industry is set to outshine the US in box office takings as of next year according to a newly released study.

According to a new reported from PricewaterhouseCoopers, Chinese cinemas will next year gross US$12.28 billion in 2020, compared to US$11.93bn in the USA. The study predicts that the US box office will generate US$12.11 billion in 2019, compared to China’s US$11.05 billion.

China, with a population of 1.4 billion people, currently sells more cinema tickets than the USA, which has a population of 328.9 million.

The study explains “as the Hollywood majors continue to release mega-budget films, exhibitors are tempting consumers away from streaming platforms at home and back to theatres with high-quality screening facilities.

“Membership schemes can soften the impact of increased admissions for cinemagoers and are expected to become more popular over the forecast period.”

China’s anticipated overtaking of the US as the world’s biggest cinema box office comes as reports suggest the country has begun targeting Hollywood as part of the two nations’ escalating trade war. According to London's The Daily Telegraph this also includes China refusing to show Western films and not hiring American actors.

The US film industry has increasingly relied on the success of its movies in the Chinese market, but China’s Film Bureau has reportedly been indicating to distributors that US movies would not be given release dates in future.

Related Articles

29th April 2019 - Discovery partners with CMC to meet demand for family entertainment in China

11th May 2018 - Dalian Wanda Group opens world’s largest movie studio

23rd November 2017 - Chinese cinema sees box office records broken

26th September 2017 - China’s major cinema ticketing companies set to merge

8th January 2016 - Wanda’s Legendary Entertainment acquisition leads to Jurassic World theme park speculation

9th February 2015 - Hoyts Cinemas sold to Chinese-backed ID Leisure Ventures

30th August 2014 - Official debut of THX in China launches a new era of movie-viewing

1st August 2014 - Shanghai Film Corp to build 19 IMAX cinemas across China


Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.

 

supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

The Jump Pad

The Jump Pad is a safe, flat inflatable made in a variety of sizes which can be used indoor or outdoor. From 3mx3m up to a whopping 9mx21m. Markets include Indoor and outdoor playgrounds, schools,…

read more

Attractions / Entertainment / Play

 
 

SYNERGY FITNESS

The Calgym/Synergy group has had a long and proud history since 1976 as world leaders in the innovation, design and evolution of commercial strength and conditioning equipment. The Synergy group was…

read more

Fitness / Technology / Wellness

 
 

SGL GROUP

SGL is an innovative and progressive lifestyle, leisure and community consulting practice, operated by Phillip Gray and active since 1988. SGL has undertaken an extensive range of sport,…

read more

Aquatics / Consultants / Fitness / Recreation / Sport

 
 

Ecoline

Ecoline is a highly experienced and skilled company that offers world-first technology in safety, protects the environment and provides a unique and challenging custom-made adventure and educational…

read more

Attractions / Environment / Safety / Tourism

 
 

GreeneDesk

Track. Engage. Retain GreeneDesk is a suite of cloud based software solutions helping health clubs, leisure centres and swim schools to effectively track progression, improve customer engagement and…

read more

Aquatics / Billing / Education / Fitness / Technology

 
 

SOLARWISE NSW DOLPHIN TECH

Solarwise NSW / Dolphin Tech were the first and are the largest Dolphin dealer in NSW with a full service facility and full range of spare parts "on the shelf". We also provide on site…

read more

Aquatics / Venues

 
 

Fun Wheels Pty Ltd

Fun Wheels Pty Ltd are the premium dealer in Australasia for the Dutch company BERG’s commercial and domestic products. Our flagship product is their revolutionary pedal go-kart – the…

read more

Attractions / Tourism / Venues

 
 

Tim Batt Water Solutions

Tim Batt Water Solutions are at the very forefront of the commercial aquatic business in Australia, with over 30 years specific experience supplying and installing chemical control and dosing…

read more

Aquatics / Environment / Recreation / Technology / Venues

 
 
 
 

get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business