The box office of Lunar New Year movies has exceeded 1.2 billion yuan, and the year-on-year decline in the box office in 2022 is a foregone conclusion

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According to data from the National Film Specialty Office, in the 51st week (December 19-December 25), the national movie box office revenue was 409 million yuan, a slight decrease of 7.7% from the previous month; the number of movie viewers was 8.327 million, a 2% increase from the previous month. Entering the second week of its release, “Avatar: The Way of Water” won the weekly championship again, with a single film achieving a box office of 305 million yuan, accounting for 74.69%. According to the professional version of Maoyan Movies, as of December 24, the total number of operating theaters nationwide was 9,778, with an operating rate of 78.04%, a slight increase from the previous week. As of noon on December 26, the annual box office for this year is about 29.5 billion yuan, which is still a gap of 17.5 billion yuan compared with last year’s 47 billion yuan. The year-on-year decline in the annual box office is a foregone conclusion. (Shanghai Stock Exchange)
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