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BFI StatisticalYearBook_2014

Table 8.1 Release rates of independent domestic UK films in the UK and Republic of Ireland, by budget, production years 2003-2011 Budget band (£ million) 84 – BFI Statistical Yearbook 2014 Number of films produced Number released within two years of principal photography % released Median budget of released films (£ million) <0.5 973 113 11.6 0.2 0.5 – 2 348 132 37.9 1.0 2 – 5 157 93 59.2 2.7 5 – 10 56 40 71.4 6.5 10+ 12 10 83.3 12.0 Total 1,546 388 25.1 1.1 Source: Rentrak, BFI Notes: Release rates subject to two-year release limit (see section 8.1). A film is considered to be released theatrically if it was recorded as such by Rentrak. 8.3 Box office performance of independent domestic UK films released in the UK and Republic of Ireland Table 8.2 shows the median and mean UK box office takings for independent domestic UK films by budget. (Because there were just 40 and 10 releases in the £5-£10 million and £10+ million budget bands, these two bands have been combined in the box office analysis.) The table shows that both the median and mean box office values increase with budget, with a median box office of more than £1 million (and a mean of nearly £4 million) for films with budgets of more than £5 million. Table 8.2 Box office performance of independent domestic UK films released in the UK and Republic of Ireland by budget, production years 2003-2011 Budget band (£ million) Number of films released Median box office (£ 000) Mean box office (£ 000) <0.5 113 5 33 0.5 – 2 132 30 216 2 – 5 93 270 1,510 5+ 50 1,178 3,777 Total 388 53 932 Source: Rentrak, BFI Notes: Figures shown are of independent domestic UK films released in the UK and Republic of Ireland within two years of principal photography (see section 8.1). Box office figures valid to February 2014. The median (the value at which equal numbers of films have higher and lower box office values) is a better representation of the ‘middle’ of the distribution of box office revenues than the mean which tends to have an upward skew due to a small number of high grossing films. Means are also shown in the table for reference.


BFI StatisticalYearBook_2014
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