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Archive for the ‘Cinema’ Category

  • Apr
  • 9

Cinema Admissions at their Highest Levels Since 2002

UK cinema admissions for 2009 were at their highest level since 2002. Box office attendances have varied in the past 7 years dependent on the quality of films on offer, peaking in 2002 with 175.9m admissions and dipping to 156.6 in 2006. Last year, UK cinemas admitted 173.5m customers, 5.6% up on 2008. 

In advertising revenue terms, 2009 was a blockbuster year for cinema, the first billion £ year in history, with revenue hitting £1,054,351,645 – a year on year increase of 11%. This boom was driven by films such as Harry Potter, Twilight and Avatar. Although Avatar was only released in December, it has already broken records globally becoming the biggest film of all time taking $2.2 billion at global box office. In the UK, it has taken £83.3 million to date, beating Mamma Mia to make it the biggest ever film in the UK. 

Avatar signals another distinctive strength for the cinema experience that will continue to underwrite its performance until 3D TV is commonplace. There are 24 3D releases anticipated for 2010 compared with 15 in 2009. 

2010 looks set to match 2009 with similar admissions anticipated and a programme of films aimed to beat the recession blues with an affordable night out.

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By: Graham Painter

  • Sep
  • 1

Piracy Could Impact Cinema Growth

Cinema attendances were up 14.5% in the first half of 2009 compared to 2008, which was itself a good year. Ticket sales for the first half of 2009 rocketed to 83.4 million, thanks to the success of a number of blockbuster films such as Star Trek and Watchmen, as well as popular domestic films such as Slumdog Millionaire.

However, there are worrying reports from internet service providers, of a big leap in illegal film downloading, with pirated copies of first run films spreading within hours of their premieres and there are worries that cinema’s renaissance is about to turn sour.

In recessions, consumers cut back on pricier forms of entertainment in favour of going to the cinema. Coupled with the fact that when times are dreary, entertainment and escapism are crucial and a visit to the cinema is a modest treat.

In June alone, 12.5 million cinema tickets were sold across the UK, an increase of more than 5 per cent year on year. And cinemas anticipate that these figures will continue to rise for the second half of 2009, with James Cameron’s 3D film Avatar released in December, and into 2010 with hotly anticipated films such as Shutter Island, which brings together the talents of Martin Scorsese and Leonardo DiCaprio.

In terms of advertising revenues, cinema is holding up better than other media. For the seven months, January to July 2009, advertising spend declined by only 3.8% for cinema. This compares against an overall ad spend decline of 16.2% for the same period, led by outdoor with a drop of 21%, TV with 16.2% and press with 17.8%.

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By: Shifra Cook