Seeking Alpha

Banner year for movie market in China

  • China's box office revenues rose 27% Y/Y in 2013 to $3.57B (21.6B yuan).
  • Three U.S. titles made the list of ten biggest films in China for the year, including Ironman 3 (DIS) in second place.
  • Two trends from 2013: 1) Films which opened after a lengthy delay in China suffered as piracy cut into demand. 2) The appetite of Chinese audiences for the IMAX (IMAX) format was strong.
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