China Passes Japan to Become World’s No. 2 Movie Market
Posted in: UncategorizedChinese movie fans led worldwide cinema sales ahead 6% to a record $34.7 billion last year, as the world’s most-populous nation passed Japan to become the No. 2 film market.
Movie-goers in China increased their box-office spending by 36% to $2.7 billion last year, according to new year-end statistics released by the Motion Picture Association of America, the Washington-based trade group.
The growth puts China behind only the U.S. and Canada, where fans increased spending by 6% last year to a combined $10.8 billion, according to the trade group. In Japan, previously the second-largest market, revenue rose 4.3% to $2.4 billion, the MPAA said.
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