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A Marvel Fanboy

China Box Office Thread | Deadpool & Wolverine- July 26

By A Marvel Fanboy, in China At The Box Office

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grim22 Global Phenomenon

grim22

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If I was the studios I would be pissed off specially since the studios have altered the films themselves to cater to China's audience 

 

WWZ from script to trailer to movie.

 

Script:

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Damn the exchange rate for rupees.  :rant:

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Ay72998 Straight-to-DVD

Ay72998

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So it involves around a 2 percent luxury tax (value-add tax) that China Film Group insist that Hollywood studios should pay before receiving their share. 

 

However, its no surprise that most studios are trying to play this down or stay silent, with China becoming more and more important to Hollywood films' grosses.  Also, exporting Hollywood films in China is a one way street, as its not as if Chinese-language films are banking on money in North America.   Chinese films don't have stakes in this, American films have a lot on the other hand.

 

 

 

In almost any other circumstance, Hollywood studios would balk at allowing their movies to continue to be released in the country. But with China on track to become the largest moviegoing market in the world within the next five years, studios are reluctant to hold back product as they establish a long-term foothold.

http://www.hollywoodreporter.com/news/hollywood-studios-havent-been-paid-594939

 

 

 

But even with millions of dollars at stake , studios seem unphased: Top executives have expressed confidence that China and the U.S. will resolve their tax issues. Adding to Hollywood’s patience, perhaps, is the fact that China is the fastest-growing movie market in the world – and one that has been largely closed to the U.S. in the past.

http://variety.com/2013/film/news/hollywood-studios-denied-payments-from-china-1200503744/

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A Marvel Fanboy Global Phenomenon

A Marvel Fanboy

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Wow, the news is all over the place. what a mess.

 

 

 

Sources now say the dispute is more widespread and that all six major studios are involved.
One insider says a resolution could be reached by the end of the summer; others aren't so sure.

Going by the 25 percent rule, Warner Bros. would be owed north of $31 million for Man of Steel, The Hobbit: An Unexpected Journey and Jack the Giant Slayer; Sony would be due $23 million for Skyfalland After Earth (White House Down is still in the midst of its China run); Paramount would be owed roughly $30 million for Into Darkness, G.I. Joe: Retaliation and Jack Reacher; Disney's Iron Man 3made north of $121 million in China, which would mean a return of more than $30 million for the studio, while Oz the Great and Powerful would mean about $5 million in payments (Monsters University is headed to China later this month).

Over the weekend, Universal's Fast & Furious 6 opened to north of $24 million, scoring the second-best three-day debut of the year after Iron Man 3. Universal also would be owed for Oblivion and Les Miserables, which took in $23.9 million and $10 million, respectively.
Some studios say they are due money from 2012 titles as well. Fox hasn't received payment for Ang Lee's Life of Pi, a check that's expected to come in at $23 million.
Edited by firedeep
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A Marvel Fanboy Global Phenomenon

A Marvel Fanboy

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Monday FF6 only fell 40% from Sunday. :o

From 56M to 30M, 46% drop, at the cost of small weekend increases. It's middle summer July.

 

 

The ticket prices are dropping so fast this year.

 

FF6's average ticket price is only $5.3. That's even lower than Skyfall's $5.5 and far lower than TDKR's $6.5 last year. All of these movies have IMAX shows.

Entgroup numbers is a mess ... 

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A Marvel Fanboy Global Phenomenon

A Marvel Fanboy

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Updated:

 

FF6 211M yuan $34M by Monday !!

 

So the weekend number came out to be close to 180m after all. I knew something was wrong with that Saturday gross. One of the major chains delayed report.

 

FF6 average ticket price about 33.6 yuan $5.42.

Edited by firedeep
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