Chinese New Year dominated the global box office with four Chinese films earning a total of $1.1 billion. The comedy drama “YOLO” continued its reign as the top-earning film, with a 9-day total of $402 million. “Pegasus 2” followed closely, earning $356 million.
Zhang Yimou’s “Article 20” improved, climbing to third place with a weekend earning of $70.2 million, while “Boonie Bears: Time Twist” slipped to fourth place. “The Movie Emperor” took fifth place with a cumulative total of $11.9 million.
The Lunar New Year holiday period brought in a record box office revenue of $1.11 billion, an 18% increase from 2023. Maoyan reported a 26% increase in ticket sales, with an average price drop of 6% to $6.82 apiece. Chinese box office haul for 2024 currently stands at $1.62 billion, trailing 2023 by 14%.
The holiday period brought in record box office revenue of $1.11 billion, an 18% increase from 2023. A total of 163 million tickets were sold over the holiday period, with an average price drop of 6% to $6.82 apiece. Chinese box office haul for 2024 currently stands at $1.62 billion, trailing 2023 by 14%.
The top titles could narrow the gap if they have staying power or if the upcoming crop of Hollywood titles find good traction.
