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China Box Office Thread | Oppenheimer-August 30

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On 7/26/2019 at 12:25 AM, a2k said:

TLK doing $115-125 is a bummer. Was thinking 2x that a couple of months back and $150-175 after the ow. Not coming close to TJB's $150 in such a growing market is disappointing.

Market hasnt grown much. 

Up 33% from 2015 to 2018, 45b to 60b.

6% or 3.6b of that is the fee they count now.

This year is on track to be down 5b for a 55b total, 51.7b w/o fees. 

CNY releases were up 5.5b in both 2017 and 2018 vs 2015

The market is near flat outside of CNY and down when you look at the top 3 summer grossers. Like WW2 and EG taking billions more than the top 2015 grossers. 

As i explained in the China vs Dom thread, there is a limited amount of annual disposable imcome relative to GDP. 

When a few movies like EG do better than expected and charge more per ticket, its going to take a toll on other movies. 

I would say the market is down from 2015 (sans CNY and Top 3 summer hits), and after many people paid 50 to 200% more for 1 EG ticket, it is affecting movies for weeks after. 

XR is also 5% worse.

TLK is close to in line with TJB with all things considered imo.

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1 hour ago, POTUS 2020 said:

Market hasnt grown much. 

Up 33% from 2015 to 2018, 45b to 60b.

6% or 3.6b of that is the fee they count now.

This year is on track to be down 5b for a 55b total, 51.7b w/o fees. 

CNY releases were up 5.5b in both 2017 and 2018 vs 2015

The market is near flat outside of CNY and down when you look at the top 3 summer grossers. Like WW2 and EG taking billions more than the top 2015 grossers. 

As i explained in the China vs Dom thread, there is a limited amount of annual disposable imcome relative to GDP. 

When a few movies like EG do better than expected and charge more per ticket, its going to take a toll on other movies. 

I would say the market is down from 2015 (sans CNY and Top 3 summer hits), and after many people paid 50 to 200% more for 1 EG ticket, it is affecting movies for weeks after. 

XR is also 5% worse.

TLK is close to in line with TJB with all things considered imo.

Very informative breakdown, thanks. Still the TJB 150 is no fees and TLK 120 will be with fees, so might as well look at it as 45 vs 55 rather than 45 vs 51.7, right?   

 

Is growth expected to be slow for the foreseeable future, or rebound to a faster rate soon?

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4 hours ago, Thanos Legion said:

Very informative breakdown, thanks. Still the TJB 150 is no fees and TLK 120 will be with fees, so might as well look at it as 45 vs 55 rather than 45 vs 51.7, right? 

 

 True. But in dollars this year is 5 to 10% weaker than 2015-16

 

Is growth expected to be slow for the foreseeable future, or rebound to a faster rate soon?

I think it stalls here. Up and down years with a slight upward trend like Domestic since 2010.

It depends on GDP at this point. BO to GDP ratio is at the upper end now

Edited by POTUS 2020
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12 minutes ago, POTUS 2020 said:

I think it stalls here. Up and down years with a slight upward trend like Domestic since 2010.

It depends on GDP at this point. BO to GDP ratio is at the upper end now

Well it was bound to happen eventually, just hadn’t realized we were already there outside CNY. Not great news for my Phase 4 club, but c’est la vie.

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