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10 Predictions for China’s Film Industry in 2019

10 Predictions for China’s Film Industry in 2019

At the beginning of 2019, WeChat Media account yiqipaidianying made 10 predictions for China’s Film Industry in 2019: 1. total box office reaches RMB 65 billion; 2. imported films will play an important role, accounting for about half of the total box office, with Avengers 4 crossing the RMB 3-billion mark; 3. Chinese new year box office will reach RMB 7 billion yuan; 4. box office top 12 will generate more than half of the year’s total box office; 5. an increasing number of traditional film studios and filmmakers will participate in the making of web movies; 6. government policies will have bigger influence on the industry, as 2019 is the 70th anniversary of the founding of PRC; 7. entertainment firms will unlikely have strong performance in the capital market; 8. studios that are capable of consistently producing hit movies will be come winners of the industry; 9. 2019 will be a big year for homegrown science fiction films; 10. 2019 might be the worst year in a decade, but the best year within the next decade. Read more on yiqipaidianying