Maoyan: Domestic Movies Took 64% of China's Box Office Revenues in 2019

BEIJING, Jan. 7, 2020 /PRNewswire/ -- Maoyan Entertainment ("Maoyan" or "the Company") (Hong Kong: 1896), a leading platform providing innovative Internet-empowered entertainment services in China, released its 2019 China Film MarketA Report. The report showed that as China's total box office increased by 5.4% to reach a record high of RMB64.266 billion (US$9.2 billion) in 2019, domestic movies took 64.1% of the market.With the box office in North America declining by 4.8% last year, according to data from Box Office Mojo, China further narrowed the gap in box office revenues with the North American market.2019 China film marketA highlights:

The total box office in China reached a record high of RMB64.266 billion (US$9.2 billion) in 2019, up 5.4% over 2018.

Of the total box office in 2019, 64.1% was generated by domestic movies and 35.9% came from imported movies.

The total number of movie tickets sold last year reached 1.727 billion in China, a slight increase of 0.5% over the previous year.

Six movies grossed more than RMB2 billion in box office in 2019, accounting for 36.9% of total revenue.

The average age for movie attendees reached 29 in 2019, and the population with age 25 to 34 accounted for more than half of all moviegoers in China.

Record year for China's box officeChina' box office hit a record high of RMB64.266 billion (US $9.2 billion) in 2019, up 5.4% year-over-year. The box officeA in North AmericaA declined byA 4.8% inA 2019, according to data from Box Office Mojo. The gap in box office between China and North America furtherA narrowedA in 2019.
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