Wednesday, March 2, 2016

China Box Office Pulls in Massive $1B in February, Topping North America
The Hollywood Reporter
 by Patrick Brzeski March 2, 2016

Fueled by a raft of local blockbuster hits over the Lunar New Year holiday, monthly box office in China reached a record high in February, surpassing North America for the second time in history.
Already the world's second-biggest theatrical market, China is rapidly closing the gap with North America, still the world's largest.
Chinese cinemas took in 6.87 billion yuan ($1.05 billion) in February, the official Xinhua news agency reported Tuesday, citing the country's State Administration of Press, Publication, Radio, Film and Television. The haul was a 50 percent increase over the same period last year, when China beat the full-month U.S. gross for the first time ever. The total also easily eclipsed last July's record monthly gross of 5.5 billion yuan.

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