Page 85

BFI StatisticalYearBook_2014

Chapter 8: Theatrical release history and comparative performance of independent domestic UK films – 85 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 8.4 International release rates of independent domestic UK films Table 8.3 shows that 27% of all independent domestic UK films shot between 2003 and 2011 were released theatrically in one or more of the 19 territories covered in this analysis within two years of the start of principal photography. The release rate increases by budget level, with more than 90% of productions with budgets of £10 million or more achieving an international release within two years of principal photography (11 international releases from 12 productions). Table 8.3 International release rates of independent domestic UK films by budget, production years 2003-2011 Budget band (£ million) Number of films produced Number released within two years of principal photography % released Median budget of released films (£ million) <0.5 973 122 12.5 0.2 0.5 – 2 348 142 40.8 1.0 2 – 5 157 104 66.2 2.7 5 – 10 56 43 76.8 6.5 10+ 12 11 91.7 12.3 Total 1,546 422 27.3 1.1 Source: Rentrak, BFI Notes: Release rates are calculated two years after principal photography (see section 8.1). A film is ‘internationally released’ if it was recorded as such in any one of the 19 Rentrak territories monitored (see section 8.1 for the list). 8.5 Box office performance of independent domestic UK films released internationally The international box office performance (from 19 territories) by budget showed similar patterns to the UK box office (Table 8.4). The median and mean box office increased with budget, with a median box office of over $5 million for films with budgets of over £5 million. Some independent domestic UK films of recent years, such as The King’s Speech, Slumdog Millionaire and The Woman in Black, have been very successful internationally; the mean international box office takings for films with budgets of over £5 million is more than $43 million. Table 8.4 Box office (US$) for independent domestic UK films released in at least one of 19 territories by budget, production years 2003-2011 Budget band (£ million) Number of films released Median box office (US$ 000) Mean box office (US$ 000) <0.5 122 12 91 0.5 – 2 142 120 733 2 – 5 104 917 4,072 5+ 54 5,322 43,151 Total 422 150 4,299 Source: Rentrak, BFI Notes: Figures shown are for independent domestic UK films released in at least one of 19 Rentrak territories within two years of principal photography (see section 8.1). Box office figures valid to February 2014.


BFI StatisticalYearBook_2014
To see the actual publication please follow the link above