” had the second highest weekend debut globally of
2022, only trailing Disney’s
“Doctor Strange in the Multiverse of Madness
,” according to data from Dengta and Box Office Mojo
, a US box office tracking site
Thanks to the robust weekend debut, China’s box office receipts grew in July for the first time in five months, su 9% from the same period last year.
China’s movie market is going through a tough time. Hit by strict Covid lockdowns, the country’s box office plunged 38% in the first half of this year from a year ago, according to data from Chinese ticketing app Maoyan.
The number of moviegoers also shrank sharply to 398 milioni, giù 42% from the same period last year.
To revive the industry, the government has handed out ticket coupons to encourage people to go to cinemas. Di giovedì, the China Film Administration announced it would partner with major ticketing platforms to give away 100 million yuan ($ 15 milioni) worth of such discount coupons from August to October.
The regulator also said it will accelerate the screening of new movies and blockbusters in theaters, encourage more cinemas to expand into rural areas, and cut taxes for the movie industry.
“Moon Man” was produced by Mahua FunAge, a Chinese comedy film and stage show producer, and backed by a number of entertainment industry giants, including Alibaba Pictures and Maoyan Entertainment.
The film has so far only released in mainland China. It remains unclear whether it will hit overseas markets.
Analysts at Chinese brokerage firms now expect the movie’s total box office to reach between 4 miliardi di yuan ($ 594 milioni) per 5.5 miliardi di yuan ($ 816 milioni), which could make it China’s highest-grossing film of the year.
China’s box office rakes in billions of dollars a year, rivaling the United States and Canada combined.
Nel 2020, it became the world’s biggest movie market, as its theaters were able to recover from the impact of the Covid pandemic more quickly than those in North America. The trend continued last year.
Quest'anno, tuttavia, the balance has tilted again
. US theaters have bounced back
, while China continues to maintain a strict
” policy that keeps many of its cinemas in limbo
. That puts North America’s box office slightly ahead so far in
2022, generating about
$ 5 billion compared with China’s
$ 3.3 miliardi, according to latest data from Box Office Mojo and Dengta
Some of the biggest global hits this year — including
“Top Gun: Maverick” — have not been released in China
, as the country’s box office becomes more insular and more heavily regulated
CNN Business’ Michelle Toh contributed to this report.