European Box Office 2012 : numbers and markets

[Fullbuster]

This is an interesting article about the European BO :

 

Box office revenue in Europe hit a new high of $8.5 billion (€6.47 billion) last year, even as admissions slipped slightly and several territories experienced a major recession-led drop in sales.

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Figures released Tuesday by the European Audiovisual Observatory show that total box-office revenue in the 27 countries of the European Union topped last year's record figure to set a new high-water mark. This was despite a slight drop in overall attendance, with 933.3 million tickets sold across the EU last year, 2.2 percent fewer than in 2011

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Hollywood continues to dominate European screens, and U.S. productions accounted for 62.8 percent of EU ticket sales last year, a 1 percent increase, with Ice Age: Continental Drift the most popular U.S. import, selling 31.4 million tickets across Europe.

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That positive news, however, masks the major drops in EU countries suffering from the Euro crisis, particularly in the recession-wracked south. Admissions were down 10 percent in Italy, 6.7 percent in Greece and 12 percent in Portugal. In Spain, admissions fell 5 percent and would have been much worse without The Impossible, which earned more than $54 million locally, the best-ever performance by a Spanish title. Even France, home to Europe's largest theatrical audience, saw a substantial drop in ticket sales, with admissions falling 6.3 percent year-on-year, to 203.4 million.

 

http://www.hollywoodreporter.com/news/europe-hits-record-85-billion-512243

 

 

Plus :

 

According to the European Audiovisual Observatory, admissions in Italy and Spain still decrease in 2013 over 2012, so this is not over.

Edited August 5, 2013 by Sonic

[Fullbuster]

Nothing to say?

[CJohn]

It is also dropping hard here in comparison from last year. But with 20% of the theaters closed since January, it is normal.

[Fullbuster]

It is also dropping hard here in comparison from last year. But with 20% of the theaters closed since January, it is normal.

 

20% in less than 1 year, that's huge It turns out the crisis is very strong there!

[IndustriousAngel]

Austria is having a horrible year (the summer weather is just driving one more nail into the coffin) ... Germany not much better atm but Germany's first quarter was better than expected thanks to some local hits, so not that bad a year for Germany.

[peludo]

Spanish situation is even more horrible than last year. Grosses/admissions continue being lower than the same weekend of 2012. I do not have exact data but there is a clarifier data to demonstrate it:

 

In the first 7 months of 2012, the aggregate of top 50 of 17 weekends surpassed 10 million $. This year, just 5 weekends have surpassed that amount in the same period (you can check this in BOM). The last one which grossed more than 10 million was 29-31 March, 4 months ago... In fact, in the 14-16 June weekend, the top 50 grossed combined 3.15 million $... no words.

[lab276]

The UK and Germany I think are doing the best relative to last year. They may even jump slightly.

[CJohn]

20% in less than 1 year, that's huge It turns out the crisis is very strong there!

The 2nd biggest theater chain closed in January.

[Fullbuster]

Spanish situation is even more horrible than last year. Grosses/admissions continue being lower than the same weekend of 2012. I do not have exact data but there is a clarifier data to demonstrate it:

 

In the first 7 months of 2012, the aggregate of top 50 of 17 weekends surpassed 10 million $. This year, just 5 weekends have surpassed that amount in the same period (you can check this in BOM). The last one which grossed more than 10 million was 29-31 March, 4 months ago... In fact, in the 14-16 June weekend, the top 50 grossed combined 3.15 million $... no words.

 

Terrible

 

France is clearly weaker than last year, a downward spiral since 2012. The French market probably peaked in 2011 and will weaken/stall for the rest of the decade, like its economy.