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BFI StatisticalYearBook_2014

01 02 03 04 05 06 07 08 09 10 11 12 13 Chapter 1: The box office – 15 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 Figure 1.3 shows that although the trend in the box office share of the top 50 highest grossing films has been falling since 2001, it increased in 2012 to 78% (the highest since 2003), but then decreased again to 74% in 2013. Also, the concentration of box office share in the top 20 films in 2012 was 55%, the highest since 2005, but then decreased to 48% in 2013. A major factor in the high percentage in 2012 was the success of Skyfall, whose record breaking box office gross accounted for nearly 9% of total theatrical revenue for the year. In addition, three other titles grossed over £50 million at the box office in 2012 whereas no film reached this level in 2013. In 2013, 9% of total box office was generated by films outside the top 100, the same as in 2011. However, in 2011 the 9% of box office receipts was shared by 458 films, compared with 598 in 2013. Figure 1.4 shows the increase in box office revenue over the last 13 years. The total box office generated in 2013 was lower than in 2012 but it was the second highest recorded over the period, and was up 54% compared with 2001. The takings of the top 20 film releases in 2013, at £551 million, were down by 15% compared with 2012 (the year with the highest takings for the top 20 films) but up 22% since 2001. The films ranked 21-50 earned £299 million, up 65% since 2001, and those ranked 51-100 earned £199 million, up 137% since 2001. The combined box office of all films outside the top 100 was £104 million in 2013, which was higher than in 2012, but lower than in 2010 and 2011 (£106 million in both years). In 2010, the £106 million taken by films outside the top 100 was shared by 457 individual titles (average £0.23 million per film) but in 2013 the £104 million taken by films outside the top 100 was shared by 598 titles (average £0.17 million). This highlights the difficulties faced by independent distributors who are competing for market share. As figures 1.3 and 1.4 show, while there are variations in the actual takings and box office share for all films outside the top 100, the majority of releases are competing for a small share of the box office. Figure 1.3 Market share of top 20, 21-50, 51-100 and rest of films, 2001-2013 % 100 90 80 70 60 50 40 30 20 10 0 % share of rest 01 02 03 04 05 06 07 08 09 10 11 12 4 6 8 8 9 12 9 10 9 10 9 8 9 % share of 51-100 11 12 14 17 16 18 15 18 18 18 17 15 17 % share of 21-50 24 22 24 26 21 23 25 23 24 24 26 23 26 % share of top 20 60 60 54 49 55 48 51 50 49 48 48 55 48 Source: Rentrak, BFI RSU analysis Note: Percentages may not sum to 100 due to rounding. £ million 1,200 1,000 800 600 400 200 0 13 Figure 1.4 Box office gross of top 20, 21-50, 51-100 and rest of films, 2001-2013 Box office gross of rest 33 47 63 62 72 98 86 91 101 106 106 93 104 Box office gross of 51-100 84 101 118 141 135 150 142 168 206 182 193 175 199 Box office gross of 21-50 181 186 197 216 179 196 230 213 274 243 297 267 299 Box office gross of top 20 450 495 438 409 464 408 480 465 559 495 539 648 551 Source: Rentrak, BFI RSU analysis


BFI StatisticalYearBook_2014
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