China box office grew nearly 50 percent in 2015

Furious 7 the Fast and the Furious
Watch out Hollywood: the Chinese box office is closing in on North America as the most lucrative territory in the movie industry. The Chinese movie theater market grew 48.7 percent in 2015 to reach a record $6.78 billion (44 billion yuan) in box office revenue. Although the American box office reigned supreme this year with a record $11 billion in ticket sales, the tables may be turning. China is expected to become the largest movie market in the world by the end of 2017, according to The Hollywood Reporter.

It sounds like the huge Chinese box office jump isn’t helping Hollywood either, even if it did help to bring global ticket sales to a record $40 billion. That’s because Chinese films claimed nearly two-thirds (61.6 percent, up from 54.5 percent in 2014) of the country’s box office receipts. This is in part due to a continuing push by Chinese regulators to limit the accessibility of Hollywood films in the country. Only 34 foreign films are allowed in the Chinese cinema every year, according to The Hollywood Reporter. Regardless, three Hollywood films did reach the top 10 in China: Furious 7, Avengers: Age of Ultron, and Jurassic World.

China’s film industry has grown dramatically due to a rapidly expanding middle class and a boom in cineplex development (to the tune of more than 8,000 new screens in 2014). “There’s been a growth of exhibitor real estate in many parts of the world, particularly in China, and that has a major effect and indeed is the most influential factor,” said Universal Pictures exec Duncan Clark to the L.A. Times. “If you don’t have movie theaters in large towns, money’s just bleeding away from you in every release that occurs.”

As more and more Chinese consumers gain access to movie theaters, we can only assume that box office revenues will continue to spike in the country. Unless Chinese regulations change, however, those revenues won’t translate into mountains of money for Hollywood.

Movies & TV

Want free movie tickets? Beam these ads into your eyeballs for 15 minutes

Would you watch ads for 20 minutes to earn a free movie ticket? MoviePass co-founder Stacy Spikes bets you will, and he's launching PreShow, a new app with some pretty advanced technology, to prove it.
Movies & TV

MoviePass returns to unlimited movies plan, but with plenty of restrictions

Troubled subscription-based movie service MoviePass is making headlines on a daily basis lately, and not in a good way. Here's a timeline of events for the company once described as Netflix for movie theaters.
Home Theater

Tipping point? Streaming subscribers outnumbered cable in 2018 for first time

2018 was a very good year for the entertainment business as a whole, but it was especially good for streaming companies like Netflix and Amazon, says a new report by the Motion Picture Association of America.

Captain Marvel continues to soar at the box office with huge second weekend

Captain Marvel blasted into theaters in a big way a week ago, and Marvel's first female-led solo superhero movie is showing no signs of slowing down after a big second week in theaters.
Movies & TV

Quentin Tarantino’s Once Upon a Time in Hollywood: Everything we know so far

Quentin Tarantino's ninth feature film, Once Upon a Time in Hollywood, uses the infamous 1969 Manson Family murders as a backdrop to tell a story set in bohemian Los Angeles. Here's everything we know so far.
Movies & TV

New John Wick: Chapter 3 trailer brings gunfights, dogs, and Matrix Easter eggs

A new trailer for John Wick: Chapter 3 — Parabellum punctuates the action with a deeper look at the film's star-studded cast, as well as a sly reference to Keanu Reeves' other big action franchise.
Movies & TV

Us review: Jordan Peele makes seeing double singularly terrifying

Jordan Peele follows up his Oscar-winning 2017 thriller Get Out with a more straightforward horror film in Us, but the film's blunt terror succeeds thanks to fantastic performances from the cast and clever storytelling.
Movies & TV

Comcast launches Xfinity Flex, a $5-a-month service aimed at cord cutters

For $5 a month, Xfinity Flex gives existing Xfinity internet subscribers a 4K- and HDR-ready set-top box that can stream video from YouTube, Netflix, Hulu, as well as free TV from apps like Cheddar and ESPN3.
Movies & TV

HBO’s Deadwood movie rustles up a trailer and a release date

This spring, HBO's long-awaited Deadwood movie will explore what happened 10 years after the events of HBO's award-winning drama, giving the series a finale 13 years after the show was canceled.
Movies & TV

Apple’s next big event is set for March 25: Here’s what you can expect

Apple's next big event takes place on March 25 in Cupertino, California. The company is expected to make several announcements related to its services, including Apple TV, so follow our guide to get ready for the big event.
Movies & TV

The Mandalorian snags Taika Waititi as the voice of a classic Star Wars villain

The Mandalorian, Jon Favreau's live-action Star Wars series planned for Disney's streaming video service, will be one of the most expensive television shows ever made. Here's everything we know about it so far.

Stranger Things 3 trailer, Deadwood movie, Bill and Ted return

On this week's show, we've got a ton of new trailers to discuss, from HBO's Deadwood revival to the first look at Tarantino's Once Upon a Time in Hollywood. We'll also discuss Netflix's interactive TV show starring Bear Grylls and more!
Movies & TV

Here are all the TV shows and movies we expect to see at Apple’s March 25 event

Apple has an ambitious slate of original programming it has been developing in recent years, so will the March 25 event finally reveal when — and where — we will be able to see some of these TV shows and movies?
Movies & TV

The best new podcasts to listen to on your daily commute

Feel like you’re drowning in podcasts? In this weekly series we’ll help you pick out the best from the rest of the new and returning shows. This week’s picks include a call to arms for creativity, an infamous baggie of crack, and…