Sabena Siddiqi says Hollywood films seem to have lost their lustre in China, where domestic releases and films from India are fuelling box-office revenue….
Having broken records for monthly box-office sales in a single market, China is rapidly moving towards becoming the world’s biggest box office on the back of new film trends. Overtaking the US in February 2018, the Chinese box office raked in 10.1 billion yuan (US$1.6 billion) at a time when domestic films were dominating screens.
Apparently, Hollywood films are not in high demand any more, as they were not responsible for the booming numbers. Proving this point, in March when there were no domestic releases, the earnings were only half that of the previous month.
Most notable among those that created waves at the box office was Chinese action thriller Wolf Warrior 2, which accounted for 10 per cent of the total box-office earnings last year, becoming China’s top-grossing film of all time. Set in Africa and telling the story of a retired special services soldier fighting Western mercenaries, the film was China’s entry to the “best foreign language” film category at the 2018 Oscars.