China Box Office

Here is a link to our friend Robert Cain’s newsletter on China box office http://chinafilmbiz.wordpress.com/2012/09/04/spider-man-dark-knight-power-chinas-2nd-best-ever-box-office-week/

As you can see the numbers just keep getting bigger and bigger. This is partially due to the amazing number of theaters opening. Regular theaters are opening at 3 per day. IMAX is opening 3 per week. Then of course the growing middle class can now afford to see films in these new modern theaters. Its not cheap. IMAX tickets are over $20 USD a piece. Recently we have had a rash of Indie film projects come to us to see if we can put them together with Chinese funding sources. There are now a lot of film financing vehicles in China willing got invest part of the overall budget just so they can be assured of getting the China rights to the film