• Saturday, June 03, 2023

Fast & Furious 9 Box Office collection is Soaring in China

user.jpg Quick Source, 2021-05-26

‘Fast & Furious’ franchise always hits the record and has long been the international hit. The latest film of this franchise Fast 7 Furious 9 is soaring the box office collection in China which is a strong start after recovering from the pandemic in China.

The film earned $162 million internationally over the weekend from this $135 million comings from the Chinese box office. It’s the first international film after 2019 "Avengers: Endgame" which hits the earning record when "Avengers: Endgame" earned $100 million in its first weekend in China. The movie delayed due to the current scenario doesn’t open in the US until June 25.

The last two films in the main series, "Furious 7" and "The Fate of the Furious," both grossed $1 billion globally and earned $390 million in China. The success of movie give a big relief to Hollywood after the pandemic and also they are sure that the big-budget movies also can perform well on screen even after the local production dominated largely during the pandemic.



China Has the Uncrowned US

When we talk about the pandemic time Chinese theater industry experienced an incredible rebound after the region’s thousands of theaters shut down for months during the pandemic. And during this time of period, local production did a fabulous job and d gangbuster business while Hollywood releases like "Soul" and "Wonder Woman 1984" underwhelmed.

When we see the stats the local movies accounted for 85% of the China box office in 2020, and it’s up to 65% in 2018. From April 1, 2020, to March 29, 2021, the top ten grossing movies in the china box office were all produced by the local production. 

The research firm Ampere Analysis had projected China to overtake the US by 2022 before the pandemic. Ampere Analysis research director Richard Cooper said that China's theatrical market will continue to expand and ticket sales will rise, along with Chinese revenue for US movies, while the US theatrical market will shrink.