Domestic box office spending set to swell
Box office spending in China is set to nearly double from $3.13 billion in 2013 to $5.9 billion by 2018, said a new report published by global consultancy firm PricewaterhouseCoopers.
Box office revenue will be the main growth driver for the filmed entertainment sector, accounting for more than 80 percent of total filmed entertainment revenue during the period, said the report released on Thursday.
China's box office revenue totaled more than 10.7 billion yuan ($1.72 billion) by the end of May this year, surpassing the full-year figure of 10.2 billion yuan recorded in 2010, according to data provided by EntGroup Consulting, a Beijing-based entertainment industry consultancy.
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