Box office territory

Last updated

A box office territory, [nb 1] in context of the film industry, ranges from a single country to a grouping of countries for reporting box office gross ticket sales. [1] This is distinct from dependent territories, though such territories under a country's administrative control may confuse box office revenue and reporting due to data variously including or excluding them. [2]

Contents

Background

Overview

In box office parlance, "North America" is a territory that comprises the United States and Canada, [3] despite there being 23 countries within the geographical definition of North America. In context of the box office, North America is traditionally considered the territory with the largest gross. (It was overtaken by China in 2020.) Kelly Crabb wrote in her 2005 book The Movie Business that North America has traditionally represented the largest "source of revenues" and also has had "the world's most important" film distribution companies located in it. [4]

In 2020, China became the largest box office territory, overtaking North America in gross total. The transition, long anticipated by analysts, was accelerated by the COVID-19 pandemic. [5]

Japan was originally the second-largest box office territory before it was surpassed by China in 2011. [6] In 2019, the next three largest territories were the South Korea, United Kingdom, and France. [7] The box office territory of the United Kingdom comprises the UK and Ireland. [8] Malta's box office is added to the UK and Ireland total by at least one data provider. [9] The countries of Belgium, the Netherlands, and Luxembourg, together known as Benelux, are sometimes treated as a single box office territory, although the data is also reported separately for each country by some data providers. [10] [11]

Mexico, whose box office gross is reported separately from the "North American" data, [12] is the top box office territory in Latin America. [13]

North America and China

From 2011 to 2019, [6] China was the second largest territory, and The Hollywood Reporter said in 2016 that it was expected to surpass North America in the near future. [14] In September 2017, China's State Administration of Press, Publication, Radio, Film and Television predicted that China would surpass North America in 2020 as the number-one box office territory. [15] In the following October, The Observer reported, "Double-digit growth puts China back on pace to overtake North America as the No. 1 box office territory in the world within the next few years." [16] In April 2018, Variety reported, "It has frequently been predicted that the film business in China would overtake North America's. But many forecasters got their timing wrong when more than a decade of unbroken Chinese growth stalled between mid-2016 and mid-2017." [17] After China's box office grew 9% in 2018 compared to 13.5% the year before, Variety reported of China surpassing North America, "The uneven growth of recent years has undone numerous past forecasts of when that might happen." [18] Reuters reported that despite the second ranking, "[China] already has more total movie screens [than North America] after years of rapid expansion in theater networks." [19]

In 2020, China overtook North America as the world's largest box office market for the first time. [20] This has been largely attributed to the COVID-19 pandemic having a greater negative impact in North America than in China. [21] China was again the world's highest-grossing market in 2021. [22]

See also

Notes

  1. Synonymous terms include box office market, movie territory, and cinema territory.

Related Research Articles

Film industry Industry comprising the technological and commercial institutions of filmmaking

The film industry or motion picture industry comprises the technological and commercial institutions of filmmaking, i.e., film production companies, film studios, cinematography, animation, film production, screenwriting, pre-production, post production, film festivals, distribution and actors. Though the expense involved in making films almost immediately led film production to concentrate under the auspices of standing production companies, advances in affordable filmmaking equipment, as well as an expansion of opportunities to acquire investment capital from outside the film industry itself, have allowed independent film production to evolve.

Renny Harlin Finnish film director and film producer

Renny Harlin is a Finnish film director, producer, and screenwriter who has made his career in Hollywood and China. His films include A Nightmare on Elm Street 4: The Dream Master, The Adventures of Ford Fairlane, Die Hard 2, Cliffhanger, The Long Kiss Goodnight, and Deep Blue Sea.

Box office Office selling event tickets

A box office or ticket office is a place where tickets are sold to the public for admission to an event. Patrons may perform the transaction at a countertop, through a hole in a wall or window, or at a wicket. By extension, the term is frequently used, especially in the context of the film industry, as a synonym for the amount of business a particular production, such as a film or theatre show, receives.

Beijing Polybona Film Distribution Co. Ltd., also known as Polybona Films or the Bona Film Group, is a Chinese production company and distributor of films from mainland China and Hong Kong. It is run as a subsidiary of the China Poly Group, and is one of China's largest share-holding film distribution companies.

<i>Transformers: Age of Extinction</i> 2014 film by Michael Bay

Transformers: Age of Extinction is a 2014 American science fiction action film based on the Transformers toy line. It is the fourth installment of the live-action Transformers film series and the sequel to Dark of the Moon (2011), taking place five years after its events. Like its predecessors, it was directed by Michael Bay and written by Ehren Kruger, with Steven Spielberg and Bay as executive producers. It stars Mark Wahlberg, Stanley Tucci, Kelsey Grammer, Nicola Peltz, Jack Reynor, Sophia Myles, Bingbing Li, Titus Welliver, and T.J. Miller. It does not feature the original human cast from the previous three films, and instead introduces a new human cast and many new Transformers, including the Dinobots. Returning Transformers include Optimus Prime, Bumblebee, Ratchet, Brains, and Megatron. The screenplay was written by Ehren Kruger. Age of Extinction was the first feature film to be shot on smaller digital IMAX cameras, as well as various other film formats, such as IMAX 70mm film cameras, digital stereo 3-D, and anamorphic and spherical 35mm film.

<i>Furious 7</i> 2015 American action film directed by James Wan

Furious 7 is a 2015 American action film directed by James Wan and written by Chris Morgan. It is the sequel to Fast & Furious 6 (2013), which serves as the seventh installment in the Fast & Furious franchise. The film stars Vin Diesel, Paul Walker, Dwayne Johnson, Michelle Rodriguez, Tyrese Gibson, Chris "Ludacris" Bridges, Jordana Brewster, Djimon Hounsou, Kurt Russell, and Jason Statham. In the film, Dominic Toretto, Brian O'Conner, and the rest of their team have returned to the United States to live normal lives after securing amnesty for their past crimes, until Deckard Shaw, a rogue special forces assassin seeking to avenge his comatose younger brother, puts the team in danger once again.

2017 in film is an overview of events, including the highest-grossing films, award ceremonies, festivals, a list of films released, and notable deaths in 2017.

2018 in film is an overview of events, including the highest-grossing films, award ceremonies, critics' lists of the best films of 2018, festivals, a list of films released and notable deaths.

<i>The Great Wall</i> (film) 2016 film

The Great Wall is a 2016 science fantasy action monster film directed by Zhang Yimou, with a screenplay by Carlo Bernard, Doug Miro and Tony Gilroy, from a story by Max Brooks, Edward Zwick and Marshall Herskovitz. An American and Chinese co-production starring Matt Damon, Jing Tian, Pedro Pascal, Willem Dafoe, and Andy Lau, the plot centers around a European mercenary warrior imprisoned by imperial Chinese forces within the Great Wall of China after arriving in search of gunpowder, eventually joining forces with the Chinese to help combat an alien threat. The Great Wall is Zhang's first English-language film.

<i>Monster Hunt</i> 2015 film

Monster Hunt is a 2015 mainland Chinese-Hong Kong 3D fantasy action comedy adventure film directed by Raman Hui, and starring Bai Baihe and Jing Boran. The film was released in China on 16 July 2015 in 3D and IMAX 3D, and in countries including Malaysia, Singapore, South Korea and Japan. Upon release, it became a huge commercial success, breaking numerous box office records, including as the highest-grossing film in China, before The Mermaid took the crown in 2016. It opened in North America on January 22, 2016 in 2D and 3D by FilmRise. A sequel, titled Monster Hunt 2, was released in China in 2018.

Wanda Cinemas

Wanda Cinemas is a cinema operator in China, headquartered in the Wanda Plaza in Chaoyang District, Beijing. It is a part of the Dalian Wanda Group. As of 2014 Wang Jianlin is the head of the company. As of January 2018, Wanda Cinema remained China's largest film distributor. Some locations are named Wanda International Cinemas with Hollywood and Chinese movies as the main menu.

<i>Mojin: The Lost Legend</i> 2015 Chinese film

Mojin: The Lost Legend is a 2015 Chinese action adventure fantasy thriller film based on the novel Ghost Blows Out the Light. It was directed by Wuershan and produced by Chen Kuo-fu. The film was released on December 18, 2015.

STX Entertainment

STX Entertainment, is a mini-major American entertainment and media company. Founded in March 2014 by film producer Robert Simonds, the studio produces film, television, and digital media projects.

<i>Journey to the West: The Demons Strike Back</i> 2017 Chinese film

Journey to the West: The Demons Strike Back is a 2017 Chinese fantasy-adventure-comedy film directed by Tsui Hark. A sequel to Stephen Chow's 2013 film Journey to the West: Conquering the Demons, it was produced and co-written by both Tsui and Chow.

<i>Monster Hunt 2</i> 2018 Chinese film

Monster Hunt 2 is a 2018 mainland Chinese-Hong Kong adventure film directed by Raman Hui, starring Tony Leung, Bai Baihe, Jing Boran, Li Yuchun and Tony Yang. A sequel to 2015's Monster Hunt, the film was released in mainland China and Hong Kong on February 16, 2018. It has grossed US$361 million.

<i>Wolf Warrior 2</i> 2017 Chinese film

Wolf Warrior 2 is a 2017 Chinese action film co-written, co-produced, and directed by Wu Jing, who also starred in the lead role. The film co-stars Celina Jade, Frank Grillo, Hans Zhang, and Wu Gang. The film is a sequel to 2015's Wolf Warrior. It was released in China on 27 July 2017. The film tells a story of a loose cannon Chinese soldier named Leng Feng who takes on special missions around the world. In this sequel, he finds himself in an African country protecting medical aid workers from local rebels and vicious arms dealers.

2020 in film is an overview of events, including the highest-grossing films, award ceremonies, critics' lists of the best films of 2019, festivals, a list of country-specific lists of films released, and notable deaths.

2021 in film is an overview of events, including award ceremonies, film festivals, a list of country-specific lists of films released, and notable deaths.

<i>Detective Chinatown 3</i> 2021 film by Chen Sicheng

Detective Chinatown 3 is a 2021 Chinese comedy-mystery buddy film directed and written by Chen Sicheng, starring Wang Baoqiang and Liu Haoran. It is a sequel to Detective Chinatown 2 (2018) and is the third installment in the Detective Chinatown series. It was released on 12 February 2021.

References

  1. "comScore Announces Official Worldwide Box Office Results for Weekend of August 7, 2016". comScore. August 7, 2016. Archived from the original on December 25, 2016. Retrieved December 14, 2016. Territory is a movie studio term for regions of the world consisting of various countries.
  2. Kroon 2014 , p. 706: "In distribution contracts, these [territories and possessions] may be included as non-contiguous areas when licensing their parent company and may be excluded or licensed on their own or in other combinations. This confuses box office and revenue reporting since the data may include or exclude a country's [territories and possessions] depending on the data source, distribution channel, or media being reported, the time period, and the particular country, territory, or possession."
  3. "Latest weekend domestic box office". Los Angeles Times . Retrieved December 14, 2016.
  4. Crabb, Kelly (2005). The Movie Business: The Definitive Guide to the Legal and Financial Secrets of Getting Your Movie Made . Simon and Schuster. p.  333.
  5. Brzeski, Patrick (October 18, 2020). "It's Official: China Overtakes North America as World's Biggest Box Office in 2020". The Hollywood Reporter . Retrieved October 19, 2020.
  6. 1 2 Pulver, Andrew (March 22, 2013). "China confirmed as world's largest film market outside US". The Guardian . Retrieved December 14, 2016.
  7. "MPA: 2019 Global Box Office and Home Entertainment". Motion Picture Association. 2020.
  8. Gant, Charles (October 25, 2016). "I, Daniel Blake scores impressive result at UK box office as Trolls takes top spot". The Guardian . Retrieved December 14, 2016.
  9. Cox, David (January 23, 2013). "UK cinemas defy the recession and the Olympics with a bumper year". The Guardian . Retrieved December 14, 2016.
  10. Kroon 2014: "Benelux n. A common sales and distribution territory consisting of Belgium, The Netherlands, and Luxembourgh. In many instances, data for these individual countries are combined into a single figure, somewhat analogous to the policy of reporting the combined U.S. and Canadian theatrical box office as a single figure."
  11. Marich, Robert (2005). Marketing to Moviegoers: A Handbook of Strategies Used by Major Studios and Independents. Taylor & Francis. p. 200. ISBN   978-0-240-80687-7. However, such country combination designations exist elsewhere in the film business, such as the Benelux region in Europe (Belgium, Netherlands, and Luxembourg), without suggestion of undermining sovereignty.
  12. Cain, Rob (February 12, 2016). "China's Roaring February Box Office Is Double North America's". Forbes . Retrieved December 14, 2016. Secondly, the U.S. is not actually the relevant territory for comparison, since film distributors count the U.S. and Canada together as a single united territory, North America (never mind that Mexico and the Caribbean are also parts of North America; for the purposes of box office calculations they’re counted separately).
  13. Castano, Ivan (August 5, 2016). "'Suicide Squad' Dropped by Mexico Movie Chain Amid Distributor Dispute". Variety . Retrieved December 14, 2016.
  14. Brzeski, Patrick (July 20, 2016). "What's Behind China's Sudden Box-Office Slump?". The Hollywood Reporter . Retrieved December 14, 2016.
  15. Brzeski, Patrick (September 1, 2017). "China's Summer Box Office Soars 24 Percent as North America Sinks". The Hollywood Reporter . Retrieved January 15, 2018.
  16. Katz, Brandon (October 20, 2017). "China's Box Office Surge Threatens US Business". The Observer . Retrieved January 15, 2018.
  17. Frater, Patrick (April 2, 2018). "China Box Office Overtakes North America in First Quarter of 2018". Variety . Retrieved May 26, 2018.
  18. Davis, Becky (January 2, 2019). "China Box Office Growth Slows to 9% in 2018, Hits $8.9 Billion". Variety . Retrieved January 2, 2019.
  19. Staff (December 31, 2018). "China 2018 movie box office revenue growth slows". reuters.com. Reuters . Retrieved January 2, 2019.
  20. McClintock, Pamela (1 January 2021). "It's Official: 2020 Domestic Box Office Fell 80 Percent to $2.3B Behind China's $2.7B". The Hollywood Reporter . Retrieved 5 January 2021.
  21. "China overtakes US as world's biggest movie box office in 2020". Sky News . Sky Group. 19 October 2020. Retrieved 12 November 2020.
  22. Brzeski, Patrick (January 3, 2022). "China Retains Global Box Office Crown With $7.3B in 2021, Down 26 Percent From 2019". The Hollywood Reporter . Retrieved January 4, 2022.

Bibliography