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BFI StatisticalYearBook_2014

Chapter 10: Exhibition – 113 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 10.8 Exhibitors The number of exhibitors that owned or programmed 20 or more screens in the UK was 10 at the end of January 2014 (the same number and the same exhibitors as at the end of January 2013), as shown in Table 10.9. At the start of 2014, the five largest exhibitors owned 75% of all UK screens. Table 10.9 Cinema screens by exhibitors with 20+ screens, 2013 Exhibitor Sites Screens % of total screens Odeon 115 881 22.8 Cineworld 81 807 20.9 Vue 82 776 20.1 National Amusements 20 264 6.8 Empire Cinemas 16 155 4.0 Omniplex (Anderson) 11 89 2.3 Reel Cinemas 15 62 1.6 Cineworld/Picturehouse 22 61 1.6 Movie House Cinemas 5 39 1.0 Merlin Cinemas 11 35 0.9 Others (21 major exhibitors and 306 independent single venue exhibitors) 378 698 18.1 Total 756 3,867 100.0 Source: Dodona Research Notes: Figures correct as at January 2014. Percentages may not sum to 100 due to rounding. The Odeon chain was owned by Terra Firma Capital Partners, a European private equity firm. Cineworld was the only publicly-quoted exhibitor in the UK. It was formed in 1995 and acquired the former Cine-UK and UGC chains in 2004. It also acquired Picturehouse in 2012. Vue, which acquired Warner Village cinemas in 2003 and the Apollo cinema chain in 2012, was sold to Canadian investors Omers Private Equity and Alberta Investment Management in 2013. National Amusements was owned by the family of Sumner Redstone, chairman of US media giant Viacom. 10.9 Exhibitor revenues Dodona Research reports that exhibitors’ revenues from concession sales were £289.7 million in 2013, a 2% decrease from 2012’s £296.7 million. Advertising income also decreased year on year, from £83.7 million in 2012 to £79.5 million in 2013. The top five exhibitors had an 81% share of gross box office in the UK and Republic of Ireland in 2013, and more than 70% of the box office was shared between the top three exhibitors (Table 10.10). Average ticket prices, calculated by dividing the UK-only box office gross for the year (£1,083 million) by total UK admissions (165.5 million), rose from £6.37 in 2012 to £6.54 in 2013, an increase of 3%.


BFI StatisticalYearBook_2014
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