- U.S. Jan-June Box Office of $5.5B tops China’s by 39%
- Hollywood imports dominate China box office in June
- Latest reboot of Paramount franchise gets a CFI Score of 6/10
Total ticket sales at the Chinese box office reached RMB 3.862 billion ($580 million) in June according to data compiled by 1905.com, the official website of state-run China Movie Channel.
Imported films completely dominated the box office charts in June, accounting for 94.4% of June’s total ticket sales and helping Hollywood climb back to a more equitable 47% share of the annual box office total to date.
Top Ten Films (June 2016)
|Film|| June 1-June 30 |
Gross Revenue (RMB)
|Now You See Me 2||442M|
|Independence Day: Resurgence||323M|
|Alice Through The Looking Glass||173M|
|So, I Married My Anti-Fan||23.2M|
|Captain America: Civil War||16.5M|
As the Chinese box office continues to inch closer to overtaking North America as the world’s highest-grossing film market, CFI will track monthly box office comparisons between the two territories. North American data comes from our syndication partners at BoxOffice.com and Chinese data is provided by Artisan Gateway.
2016 Box Office Comparison – North America vs. China
|Month||North America (USD)||China (USD)|
On-Screen This Week:
Teenage Mutant Ninja Turtles: Out of the Shadows
China Distribution: China Film Group Corporation (中国电影集团公司)
U.S. Distribution: Paramount Pictures
CFI Score – 6/10
Yet another Hollywood sequel comes to Chinese cinemas this weekend as Paramount Pictures’ Teenage Mutant Ninja Turtles 2: Out of the Shadows is released nationwide on Saturday. Released in early June in most overseas territories, Out of the Shadows performed well below its 2014 predecessor at both the North American and global box office. Its commercial and critical failure (just 37% Fresh on RottenTomatoes) signals trouble and probably means an end for the franchise. Can China come through and save the “heroes in a half-shell”?
CFI believes this installment has the potential to surpass the RMB 387 million ($62.1 million) that the last reboot, Teenage Mutant Ninja Turtles, grossed two years ago thanks to its prime summer release date — the first film was released in November, a particularly slow period for Chinese moviegoing — and the financial and promotional backing of Wanda subsidiary China Movie Media Group.
Out of the Shadows should dominate the box office in its first six days of release, but it will lose most of its screens starting Friday, July 8 as several domestic films with breakout potential enter cinemas.