Hollywood's losing streak in China continued in 2023, with no American film making it to China's annual box office top 10 list.
This disastrous outcome comes despite Disney CEO Bob Iger's aggressive efforts to get the Chinese government to approve more Hollywood productions for domestic release. Disney has managed to obtain Chinese release dates for the following Awakening films: little mermaid, elemental, and the latest indiana jones The sequels will only see them explode with local audiences.
Other Hollywood studios also performed poorly in China, as did Warner Bros. barbie and universal oppenheimer Both are tanking.
In 2023, Chinese audiences rushed to see homegrown blockbusters, including Zhang Yimou's historical blockbuster full river red And a science fiction sequel Wandering Earth 2according to, new york times report.
crime thriller No more bets Mystery was also a great success. lost in the stars And an exhilarating mixed martial arts drama never say never.
Hollywood's decline in China is the latest sign of China's growing disenchantment with American blockbusters, as well as the continued growth of the domestic film industry.
Hollywood's share of China's box office revenue has already plummeted in 2021, as the Chinese government seeks to strengthen its domestic film industry while continuing to block major Hollywood productions from being shown in Chinese cinemas. As a result, the percentage has fallen to less than 10%.
The Chinese Communist Party has actively supported Hollywood's failures.
As reported by Breitbart News, the Chinese government's propaganda newspaper Global Times He recently predicted that Hollywood would see a “total box office collapse” in the near future as a result of Hollywood movies' “repetitive” plots and “outdated” American values.
China's Communist Party has strict control over what foreign titles are released on local screens, and the number of them has been tightened as hostilities between Washington, D.C. and Beijing escalate in the wake of the coronavirus pandemic. has been significantly reduced.
That number has increased slightly over the past few years, thanks in large part to Disney's Mr. Iger, whose warm relationship with the Chinese Communist Party goes back decades. But that magic is no longer there.Even at Disney Avatar: Water Path It did poorly in China, falling below its original box office revenue. Avatar.
Meanwhile, Hollywood failures are piling up.
Warner Bros. 'Superhero sequel aquaman and the lost kingdom The film was a flop at the Chinese box office, grossing just $60 million in its first few weeks, despite much fanfare from actor Jason Momoa. times.
first aquaman The film grossed $293 million in box office revenue in China in 2018.
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